Home
Dubai prices
About
Research
5-bed · 4,591 sqftAl Mahra, Arabian Ranches · completed 2007

V031, Al Mahra

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V031 · DLD and Ejari recordsUpdated 28 February 2024
Last soldAED 5.9M24 November 2021
Current rentAED 630K /yr28 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V031

Property timeline for V031, Al Mahra

What is V031 worth today?

Last sold for AED 5,900,000 in 2021

Unlock today's estimate, updated daily, with

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

28 Feb 2024RentedRenewal
AED 630,000/yr11 months · AED 137 per sqft
24 Nov 2021SoldReady
AED 5,900,000AED 1,285 per sqft
15 Sep 2021RentedRenewal
AED 241,500/yr12 months · AED 53 per sqft
15 Sep 2020RentedRenewal
AED 230,000/yr12 months · AED 50 per sqft
15 Sep 2019RentedNew contract
AED 250,000/yr12 months · AED 54 per sqft
15 Aug 2016RentedNew contract
AED 340,000/yr12 months · AED 74 per sqft
1 Jul 2015RentedRenewal
AED 355,000/yr12 months · AED 77 per sqft
1 Jul 2013RentedNew contract
AED 320,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 28 February 2024.

Key facts

Type
5-bed villa
Size
4,591 sqft
Developer
Emaar
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 5.9M · November 2021
Community
Al Mahra

About V031, Al Mahra

V031 is a five-bedroom villa of 4,591 sqft in Al Mahra, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 24 November 2021 for AED 5,900,000, or AED 1,285 per sqft, 23% above the AED 1,041 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 28 February 2024, is AED 630,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 14,100 a year.

Sales and rents for V031 over time

Sales
Villa V031, 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, April 2008: AED 2,847,888 (AED 620 per sqft)Sold, November 2021: AED 5,900,000 (AED 1,285 per sqft)

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

Rents
Villa V031, each contractTypical five-bed in Al Mahra
200K400K600K2012201620202024Typical 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, July 2012: AED 300,000 a yearNew contract, July 2013: AED 320,000 a yearRenewal, July 2015: AED 355,000 a yearNew contract, August 2016: AED 340,000 a yearNew contract, September 2019: AED 250,000 a yearRenewal, September 2020: AED 230,000 a yearRenewal, September 2021: AED 241,500 a yearRenewal, February 2024: AED 630,000 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 V031 sits

All 80 5-beds →

V031 last sold in November 2021 at AED 1,285 per sqft, 23% above what five-beds in Al Mahra were fetching at the time (AED 1,041). 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. V031's AED 630,000 is in the upper half 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 →

V031, Al Mahra in numbers

  • Sold twice: first on 29 April 2008 for AED 2,847,888, last on 24 November 2021 for AED 5,900,000 (AED 1,285 per sqft).
  • Rented since July 2012 on 8 Ejari contracts. The rent fell from AED 300,000 to AED 230,000 in 2020 and recovered to AED 630,000 by February 2024.
  • At AED 630,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 14,100 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 28 February 2024.

Questions about V031, Al Mahra

What did villa V031 last sell for?

AED 5,900,000 on 24 November 2021: AED 1,285 per sqft for 4,591 sqft. The villa has 2 registered sales; the first was AED 2,847,888 in April 2008.

What is the rent for villa V031?

AED 630,000 a year on the contract renewed on 28 February 2024. The previous contract, from September 2021, was AED 241,500; the villa has been rented since July 2012.

How big is villa V031?

4,591 sqft (426.5 sqm): a five-bedroom villa in Al Mahra, completed in 2007.

What is villa V031 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 V031? 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 V031, Al Mahra

Starts from the last sale price (AED 5.9M, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,900,000
Deposit, UAE resident (20%)
AED 1,180,000
Deposit, non-resident (40%)
AED 2,360,000
Monthly over 25 years at 3.7%
AED 24,139

Plus AED 252,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →