V116, Palma Villa
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V116, Palma Villa
What is V116 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 3-bed villa
- Size
- 1,598 sqft
- Developer
- Emaar
- Completed
- 2016
- Service charge
- AED 3,900 /yr
- Last sold
- AED 3.6M · April 2014
- Community
- Palma Villa
About V116, Palma Villa
V116 is a three-bedroom villa of 1,598 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 2021 on 6 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 240,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 3,900 a year.
Sales and rents for V116 over time
V116 has sold once; the dashed line is the three-bed median of each year in the community.
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 V116 sits
All 41 3-beds →V116 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 sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20254 November 2025 | 3,197 sqft | 5,500,000 | 1,720 | ||
| 6 Oct 20256 October 2025 | 3,197 sqft | 5,600,000 | 1,751 | ||
| 12 May 202512 May 2025 | 3,197 sqft | 5,300,000 | 1,657 | ||
| 10 Feb 202510 February 2025 | 3,197 sqft | 5,850,000 | 1,830 |
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%
V116, 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 May 2021 on 6 Ejari contracts, from AED 140,000 to AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 3,900 a year (AED 2.44 per sqft).
Source: Dubai Land Department. Updated 1 July 2025.
Questions about V116, Palma Villa
What did villa V116 last sell for?
AED 3,604,888 on 3 April 2014, sold by the developer: AED 1,127 per sqft for 1,598 sqft. It is the only registered sale of the villa.
What is the rent for villa V116?
AED 240,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 150,000; the villa has been rented since May 2021.
How big is villa V116?
1,598 sqft (148.5 sqm): a three-bedroom villa in Palma Villa, completed in 2016.
What is villa V116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling V116? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on V116, 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 →