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6-bed · 5,592 sqftAl Mahra, Arabian Ranches · completed 2007

V038, Al Mahra

Sold prices and rental history: sold 4 times, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V038 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 8.4M21 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V038, Al Mahra

What is V038 worth today?

Last sold for AED 8,400,000 in 2023

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21 Jun 2023SoldReady
AED 8,400,000AED 1,502 per sqft
13 Jan 2019SoldReady
AED 4,700,000AED 840 per sqft
30 Sep 2009Sold by developerReady
AED 5,600,000AED 1,001 per sqft
30 Sep 2009SoldReady
AED 4,062,888AED 726 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
6-bed villa
Size
5,592 sqft
Developer
Emaar
Completed
2007
Service charge
AED 17,200 /yr
Last sold
AED 8.4M · June 2023
Community
Al Mahra

About V038, Al Mahra

V038 is a six-bedroom villa of 5,592 sqft in Al Mahra, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 21 June 2023 for AED 8,400,000, or AED 1,502 per sqft, in line with the AED 1,502 six-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V038 over time

Sales
Villa V038, each saleTypical six-bed in Al Mahra
5M2007201220172022Typical sale price by year: 2007 AED 2,867,388; 2008 AED 2,932,388; 2009 AED 4,975,000; 2010 AED 3,700,444; 2012 AED 5,750,000; 2013 AED 4,000,000; 2017 AED 6,000,000; 2018 AED 3,925,000; 2021 AED 6,000,000; 2024 AED 8,900,000Sold by developer, September 2009: AED 5,600,000 (AED 1,001 per sqft)Sold, September 2009: AED 4,062,888 (AED 726 per sqft)Sold, January 2019: AED 4,700,000 (AED 840 per sqft)Sold, June 2023: AED 8,400,000 (AED 1,502 per sqft)

V038 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V038, each contractTypical six-bed in Al Mahra
300K400K2012201620202024Typical rent by year: 2012 AED 300,000; 2013 AED 310,333; 2014 AED 330,000; 2015 AED 327,500; 2016 AED 320,000; 2017 AED 300,000; 2018 AED 290,000; 2019 AED 265,000; 2020 AED 250,000; 2021 AED 277,500; 2022 AED 305,000; 2023 AED 345,000; 2024 AED 421,750; 2025 AED 437,500

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

6-beds in Al Mahra, and where V038 sits

All 32 6-beds →

V038 last sold in June 2023 at AED 1,502 per sqft, in line with what six-beds in Al Mahra were fetching at the time (AED 1,502).

Recent 6-bed salesVilla no.Price (AED)Summary
2 Oct 202513,200,000
7 May 202512,000,000
16 Aug 202412,300,000
29 May 20248,500,000
0 6-bed sales 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 →

V038, Al Mahra in numbers

  • Sold 4 times: first on 30 September 2009 for AED 4,062,888, last on 21 June 2023 for AED 8,400,000 (AED 1,502 per sqft).

Source: Dubai Land Department. Updated 21 June 2023.

Questions about V038, Al Mahra

What did villa V038 last sell for?

AED 8,400,000 on 21 June 2023: AED 1,502 per sqft for 5,592 sqft. The villa has 4 registered sales; the first was AED 4,062,888 in September 2009.

How big is villa V038?

5,592 sqft (519.5 sqm): a six-bedroom villa in Al Mahra, completed in 2007.

What is villa V038 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V038, Al Mahra

Starts from the last sale price (AED 8.4M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,400,000
Deposit, UAE resident (20%)
AED 1,680,000
Deposit, non-resident (40%)
AED 3,360,000
Monthly over 25 years at 3.7%
AED 34,367

Plus AED 357,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →