3-bed · 3,197 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V112, Palma Villa

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V112 · DLD and Ejari recordsUpdated 26 May 2024
Last soldAED 3.6M3 April 2014
Current rentAED 209K /yr26 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V112, Palma Villa

What is V112 worth today?

Last sold for AED 3,604,888 in 2014

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26 May 2024RentedRenewal
AED 209,437/yr12 months · AED 66 per sqft
27 May 2022RentedNew contract
AED 210,000/yr12 months · AED 66 per sqft
18 Aug 2021RentedRenewal
AED 155,000/yr12 months · AED 48 per sqft
18 Aug 2020RentedRenewal
AED 135,000/yr12 months · AED 42 per sqft
18 Aug 2017RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
12 Aug 2016RentedNew contract
AED 200,000/yr12 months · AED 63 per sqft
3 Apr 2014Sold by developerOff-plan
AED 3,604,888AED 1,127 per sqft

Source: Dubai Land Department. Updated 26 May 2024.

Key facts

Type
3-bed villa
Size
3,197 sqft
Developer
Emaar
Completed
2016
Service charge
AED 7,800 /yr
Last sold
AED 3.6M · April 2014
Community
Palma Villa

About V112, Palma Villa

V112 is a three-bedroom villa of 3,197 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. The developer sold it on 3 April 2014 for AED 3,604,888, or AED 1,127 per sqft, in line with the AED 1,096 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 26 May 2024, is AED 209,437 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 7,800 a year.

Sales and rents for V112 over time

Sales
Villa V112, each saleTypical three-bed in Palma Villa
2M4M6M20142017202020232026Typical sale price by year: 2014 AED 3,531,888; 2015 AED 3,604,888; 2016 AED 3,479,888; 2018 AED 1,851,116; 2022 AED 3,400,000; 2023 AED 3,687,500; 2024 AED 4,750,000; 2025 AED 5,550,000Sold by developer, April 2014: AED 3,604,888 (AED 1,127 per sqft)

V112 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V112, each contractTypical three-bed in Palma Villa
200K2016201920222025Typical rent by year: 2016 AED 195,000; 2017 AED 188,000; 2018 AED 162,500; 2019 AED 150,000; 2020 AED 135,000; 2021 AED 152,500; 2022 AED 175,000; 2023 AED 200,576; 2024 AED 228,400; 2025 AED 270,000New contract, August 2016: AED 200,000 a yearNew contract, August 2017: AED 180,000 a yearRenewal, August 2020: AED 135,000 a yearRenewal, August 2021: AED 155,000 a yearNew contract, May 2022: AED 210,000 a yearRenewal, May 2024: AED 209,437 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palma Villa, and where V112 sits

All 41 3-beds →

V112 last sold in April 2014 at AED 1,127 per sqft, in line with what three-beds in Palma Villa were fetching at the time (AED 1,096).

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,500,000
6 Oct 20255,600,000
12 May 20255,300,000
10 Feb 20255,850,000
0 3-bed sales in the last 12 months

Palma Villa

Community

121 villas, 3-bed to 5-bed in Arabian Ranches 2, completed in 2016 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 1,879
Typical sale
AED 6.85M
Typical rent
AED 310K /yr
Typical yield
4.7%
Palma Villa, Arabian Ranches 2: prices, sales and rents →

V112, Palma Villa in numbers

  • Sold once: by Emaar on 3 April 2014 for AED 3,604,888, or AED 1,127 per sqft.
  • Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 200,000 to AED 135,000 in 2020 and recovered to AED 209,437 by May 2024.
  • At AED 209,437 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 26 May 2024.

Questions about V112, Palma Villa

What did villa V112 last sell for?

AED 3,604,888 on 3 April 2014, sold by the developer: AED 1,127 per sqft for 3,197 sqft. It is the only registered sale of the villa.

What is the rent for villa V112?

AED 209,437 a year on the contract renewed on 26 May 2024. The previous contract, from May 2022, was AED 210,000; the villa has been rented since August 2016.

How big is villa V112?

3,197 sqft (297.0 sqm): a three-bedroom villa in Palma Villa, completed in 2016.

What is villa V112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V112, Palma Villa

Starts from the last sale price (AED 3.6M, 3 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,604,888
Deposit, UAE resident (20%)
AED 720,978
Deposit, non-resident (40%)
AED 1,441,955
Monthly over 25 years at 3.7%
AED 14,749

Plus AED 156,416 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →