5-bed · 4,799 sqftAl Mahra, Arabian Ranches · completed 2007

V017, Al Mahra

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V017 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 7.8M24 May 2024
Current rentAED 190K /yr24 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V017, Al Mahra

What is V017 worth today?

Last sold for AED 7,800,000 in 2024

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24 May 2024SoldReady
AED 7,800,000AED 1,625 per sqft
14 Jul 2022SoldReady
AED 4,999,999AED 1,041 per sqft
24 Sep 2020RentedNew contract
AED 190,000/yr24 months · AED 40 per sqft
15 Apr 2020RentedRenewal
AED 200,000/yr12 months · AED 42 per sqft
1 Mar 2017RentedNew contract
AED 235,000/yr12 months · AED 49 per sqft
27 Jul 2009Sold by developerReady
AED 2,179,888AED 454 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
5-bed villa
Size
4,799 sqft
Developer
Emaar
Completed
2007
Service charge
AED 14,800 /yr
Last sold
AED 7.8M · May 2024
Community
Al Mahra

About V017, Al Mahra

V017 is a five-bedroom villa of 4,799 sqft in Al Mahra, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 24 May 2024 for AED 7,800,000, or AED 1,625 per sqft, 7% above the AED 1,524 five-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 24 September 2020, is AED 190,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for V017 over time

Sales
Villa V017, each saleTypical five-bed in Al Mahra
5M10M2008201320182023Typical sale price by year: 2008 AED 2,847,888; 2009 AED 2,179,888; 2010 AED 3,500,000; 2011 AED 2,500,000; 2012 AED 3,750,000; 2013 AED 5,300,000; 2014 AED 6,037,500; 2015 AED 4,950,000; 2016 AED 4,750,000; 2017 AED 4,887,500; 2018 AED 4,200,000; 2019 AED 3,100,000; 2020 AED 3,150,000; 2021 AED 4,949,950; 2022 AED 5,800,000; 2023 AED 5,950,000; 2024 AED 7,800,000; 2025 AED 10,537,500Sold by developer, July 2009: AED 2,179,888 (AED 454 per sqft)Sold, July 2022: AED 4,999,999 (AED 1,041 per sqft)Sold, May 2024: AED 7,800,000 (AED 1,625 per sqft)

V017 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V017, each contractTypical five-bed in Al Mahra
200K400K2012201620202024Typical rent by year: 2012 AED 275,000; 2013 AED 280,000; 2014 AED 287,077; 2015 AED 302,500; 2016 AED 292,499; 2017 AED 260,000; 2018 AED 245,000; 2019 AED 226,000; 2020 AED 208,877; 2021 AED 230,000; 2022 AED 260,000; 2023 AED 332,500; 2024 AED 353,500; 2025 AED 398,000; 2026 AED 465,000New contract, March 2017: AED 235,000 a yearRenewal, April 2020: AED 200,000 a yearNew contract, September 2020: AED 190,000 a year

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

5-beds in Al Mahra, and where V017 sits

All 80 5-beds →

V017 last sold in May 2024 at AED 1,625 per sqft, 7% above what five-beds in Al Mahra were fetching at the time (AED 1,524). Over the last 12 months five-beds sold for AED 12,200,000, around AED 2,542 per sqft, and rent for AED 264,000 to 667,550 a year. V017's AED 190,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
4 Feb 202612,200,000
5 Nov 202510,700,000
15 Oct 202510,250,000
2 Jul 202510,500,000
1 5-bed sale in the last 12 months

Al Mahra

Community

166 villas, 4-bed to 7-bed in Arabian Ranches, completed in 2007 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,715
Typical sale
AED 12.1M
Typical rent
AED 415K /yr
Typical yield
3.5%
Al Mahra, Arabian Ranches: prices, sales and rents →

V017, Al Mahra in numbers

  • Sold 3 times: first on 27 July 2009 for AED 2,179,888, last on 24 May 2024 for AED 7,800,000 (AED 1,625 per sqft).
  • Rented since March 2017 on 3 Ejari contracts, from AED 235,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 14,800 a year (AED 3.08 per sqft).
  • Five-beds in Al Mahra sold for AED 12,200,000–12,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,715 per sqft.

Source: Dubai Land Department. Updated 24 May 2024.

Questions about V017, Al Mahra

What did villa V017 last sell for?

AED 7,800,000 on 24 May 2024: AED 1,625 per sqft for 4,799 sqft. The villa has 3 registered sales; the first was AED 2,179,888 in July 2009.

What is the rent for villa V017?

AED 190,000 a year on the contract signed on 24 September 2020. The previous contract, from April 2020, was AED 200,000; the villa has been rented since March 2017.

How big is villa V017?

4,799 sqft (445.8 sqm): a five-bedroom villa in Al Mahra, completed in 2007.

What is villa V017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Al Mahra sold for AED 12,200,000 to 12,200,000 in the last 12 months, around AED 2,542 per sqft.

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Mortgage on V017, Al Mahra

Starts from the last sale price (AED 7.8M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,800,000
Deposit, UAE resident (20%)
AED 1,560,000
Deposit, non-resident (40%)
AED 3,120,000
Monthly over 25 years at 3.7%
AED 31,912

Plus AED 332,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →