Home
Dubai prices
About
Research
5-bed · 4,534 sqftAl Mahra, Arabian Ranches · completed 2007

V023, Al Mahra

Sold prices and rental history: sold 3 times, last in June 2022, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V023 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 7M15 June 2022
Current rentAED 110K /yr21 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V023, Al Mahra

What is V023 worth today?

Last sold for AED 7,000,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jun 2022SoldReady
AED 7,000,000AED 1,544 per sqft
25 Sep 2013SoldReady
AED 5,700,000AED 1,257 per sqft
15 Aug 2013Sold by developerReady
AED 2,030,888AED 447 per sqft
21 Jan 2013RentedNew contract
AED 110,000/yr6 months · AED 24 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
5-bed villa
Size
4,534 sqft
Developer
Emaar
Completed
2007
Service charge
AED 14,000 /yr
Last sold
AED 7M · June 2022
Community
Al Mahra

About V023, Al Mahra

V023 is a five-bedroom villa of 4,534 sqft in Al Mahra, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 15 June 2022 for AED 7,000,000, or AED 1,544 per sqft, 28% above the AED 1,208 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 21 January 2013. The current contract, signed on 21 January 2013, is AED 110,000 a year: a gross yield of 1.6% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for V023 over time

Sales
Villa V023, 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, August 2013: AED 2,030,888 (AED 447 per sqft)Sold, September 2013: AED 5,700,000 (AED 1,257 per sqft)Sold, June 2022: AED 7,000,000 (AED 1,544 per sqft)

V023 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V023, 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, January 2013: AED 110,000 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 V023 sits

All 80 5-beds →

V023 last sold in June 2022 at AED 1,544 per sqft, 28% above what five-beds in Al Mahra were fetching at the time (AED 1,208). 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. V023's AED 110,000 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 →

V023, Al Mahra in numbers

  • Sold 3 times: first on 15 August 2013 for AED 2,030,888, last on 15 June 2022 for AED 7,000,000 (AED 1,544 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 1.6%, before a service charge of about AED 14,000 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 15 June 2022.

Questions about V023, Al Mahra

What did villa V023 last sell for?

AED 7,000,000 on 15 June 2022: AED 1,544 per sqft for 4,534 sqft. The villa has 3 registered sales; the first was AED 2,030,888 in August 2013.

What is the rent for villa V023?

AED 110,000 a year on the contract signed on 21 January 2013.

How big is villa V023?

4,534 sqft (421.2 sqm): a five-bedroom villa in Al Mahra, completed in 2007.

What is villa V023 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.

Selling V023? 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.

How OpenOffers works

Mortgage on V023, Al Mahra

Starts from the last sale price (AED 7M, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

Plus AED 299,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →