V115, Palma Villa
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V115, Palma Villa
What is V115 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 5-bed villa
- Size
- 3,586 sqft
- Developer
- Emaar
- Completed
- 2016
- Service charge
- AED 8,700 /yr
- Last sold
- AED 6M · November 2024
- Community
- Palma Villa
About V115, Palma Villa
V115 is a five-bedroom villa of 3,586 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 22 November 2024 for AED 6,000,000, or AED 1,673 per sqft, 19% above the AED 1,408 five-beds in the community were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 July 2025, is AED 490,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 8,700 a year.
Sales and rents for V115 over time
V115 has sold twice; the dashed line is the five-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.
5-beds in Palma Villa, and where V115 sits
All 40 5-beds →V115 last sold in November 2024 at AED 1,673 per sqft, 19% above what five-beds in Palma Villa were fetching at the time (AED 1,408). V115's AED 490,000 is at the top of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 3,586 sqft | 6,350,000 | 1,770 | ||
| 28 Apr 202528 April 2025 | 3,586 sqft | 6,225,000 | 1,736 | ||
| 4 Jun 20244 June 2024 | 3,586 sqft | 4,990,000 | 1,391 | ||
| 24 May 202424 May 2024 | 3,586 sqft | 5,000,000 | 1,394 |
Palma Villa
Community121 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%
V115, Palma Villa in numbers
- Sold twice: first on 1 November 2015 for AED 4,460,888, last on 22 November 2024 for AED 6,000,000 (AED 1,673 per sqft).
- Rented since July 2018 on 7 Ejari contracts, from AED 170,000 to AED 490,000 a year.
- At AED 490,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).
Source: Dubai Land Department. Updated 1 July 2025.
Questions about V115, Palma Villa
What did villa V115 last sell for?
AED 6,000,000 on 22 November 2024: AED 1,673 per sqft for 3,586 sqft. The villa has 2 registered sales; the first was AED 4,460,888 in November 2015.
What is the rent for villa V115?
AED 490,000 a year on the contract signed on 1 July 2025. The previous contract, from August 2023, was AED 350,000; the villa has been rented since July 2018.
How big is villa V115?
3,586 sqft (333.2 sqm): a five-bedroom villa in Palma Villa, completed in 2016.
What is villa V115 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 V115, Palma Villa
Starts from the last sale price (AED 6M, 22 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus AED 257,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →