6-bed · 5,980 sqftRasha Villas, Arabian Ranches 2 · completed 2017

V031, Rasha Villas

Sold prices and rental history: sold twice, last in December 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V031 · DLD and Ejari recordsUpdated 17 December 2020
Last soldAED 5.5M17 December 2020
Current rentAED 260K /yr15 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V031, Rasha Villas

What is V031 worth today?

Last sold for AED 5,500,000 in 2020

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17 Dec 2020SoldReady
AED 5,500,000AED 919 per sqft
15 Apr 2020RentedRenewal
AED 260,000/yr12 months · AED 43 per sqft
15 Apr 2018RentedNew contract
AED 270,000/yr24 months · AED 45 per sqft
23 Apr 2014Sold by developerOff-plan
AED 7,531,888AED 1,259 per sqft

Source: Dubai Land Department. Updated 17 December 2020.

Key facts

Type
6-bed villa
Size
5,980 sqft
Developer
Emaar
Completed
2017
Service charge
AED 14,600 /yr
Last sold
AED 5.5M · December 2020
Community
Rasha Villas

About V031, Rasha Villas

V031 is a six-bedroom villa of 5,980 sqft in Rasha Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 17 December 2020 for AED 5,500,000, or AED 919 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 15 April 2020, is AED 260,000 a year: a gross yield of 4.7% on the 2020 price, before the service charge of about AED 14,600 a year.

Sales and rents for V031 over time

Sales
Villa V031, each saleTypical six-bed in Rasha Villas
5M7.5M10M20142017202020232026Typical sale price by year: 2014 AED 7,532,888; 2019 AED 7,019,900; 2022 AED 7,400,000; 2025 AED 10,500,000Sold by developer, April 2014: AED 7,531,888 (AED 1,259 per sqft)Sold, December 2020: AED 5,500,000 (AED 919 per sqft)

V031 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V031, each contractTypical six-bed in Rasha Villas
400K2018202020222024Typical rent by year: 2018 AED 262,500; 2019 AED 250,000; 2020 AED 250,000; 2021 AED 275,676; 2022 AED 325,000; 2023 AED 325,000; 2024 AED 500,000New contract, April 2018: AED 270,000 a yearRenewal, April 2020: AED 260,000 a year

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

6-beds in Rasha Villas, and where V031 sits

All 19 6-beds →

Over the last 12 months six-beds sold for AED 13,800,000, around AED 2,307 per sqft.

Recent 6-bed salesVilla no.Price (AED)Summary
9 Feb 202613,800,000
14 Mar 202512,000,000
10 Mar 20259,500,000
15 Jan 202510,500,000
1 6-bed sale in the last 12 months

Rasha Villas

Community

140 villas, 4-bed to 6-bed in Arabian Ranches 2, completed in 2017 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,244
Typical sale
AED 11.7M
Typical rent
AED 450K /yr
Typical yield
4.0%
Rasha Villas, Arabian Ranches 2: prices, sales and rents →

V031, Rasha Villas in numbers

  • Sold twice: first on 23 April 2014 for AED 7,531,888, last on 17 December 2020 for AED 5,500,000 (AED 919 per sqft).
  • Rented since April 2018 on 2 Ejari contracts, from AED 270,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2020 price is 4.7%, before a service charge of about AED 14,600 a year (AED 2.44 per sqft).
  • Six-beds in Rasha Villas sold for AED 13,800,000–13,800,000 in the 12 months to November 2026; the community's median across all types is AED 2,244 per sqft.

Source: Dubai Land Department. Updated 17 December 2020.

Questions about V031, Rasha Villas

What did villa V031 last sell for?

AED 5,500,000 on 17 December 2020: AED 919 per sqft for 5,980 sqft. The villa has 2 registered sales; the first was AED 7,531,888 in April 2014.

What is the rent for villa V031?

AED 260,000 a year on the contract renewed on 15 April 2020. The previous contract, from April 2018, was AED 270,000.

How big is villa V031?

5,980 sqft (555.6 sqm): a six-bedroom villa in Rasha Villas, completed in 2017.

What is villa V031 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Rasha Villas sold for AED 13,800,000 to 13,800,000 in the last 12 months, around AED 2,307 per sqft.

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Mortgage on V031, Rasha Villas

Starts from the last sale price (AED 5.5M, 17 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

Plus AED 236,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →