6-bed · 5,162 sqftAl Mahra, Arabian Ranches · completed 2007

V124, Al Mahra

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V124 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 8M17 December 2013
Current rentAED 520K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V124, Al Mahra

What is V124 worth today?

Last sold for AED 8,000,000 in 2013

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15 Jul 2024RentedNew contract
AED 520,000/yr24 months · AED 101 per sqft
26 Jun 2023RentedRenewal
AED 262,500/yr12 months · AED 51 per sqft
26 Jun 2022RentedRenewal
AED 262,500/yr12 months · AED 51 per sqft
26 Jun 2021RentedRenewal
AED 250,000/yr12 months · AED 48 per sqft
17 Dec 2013SoldReady
AED 8,000,000AED 1,549 per sqft
22 Feb 2009Sold by developerReady
AED 4,950,000AED 958 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
6-bed villa
Size
5,162 sqft
Developer
Emaar
Completed
2007
Service charge
AED 15,900 /yr
Last sold
AED 8M · December 2013
Community
Al Mahra

About V124, Al Mahra

V124 is a six-bedroom villa of 5,162 sqft in Al Mahra, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 17 December 2013 for AED 8,000,000, or AED 1,549 per sqft, 91% above the AED 811 six-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 July 2024, is AED 520,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 15,900 a year.

Sales and rents for V124 over time

Sales
Villa V124, 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, February 2009: AED 4,950,000 (AED 958 per sqft)Sold, December 2013: AED 8,000,000 (AED 1,549 per sqft)

V124 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V124, each contractTypical six-bed in Al Mahra
400K2012201620202024Typical 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 437,500Renewal, June 2021: AED 250,000 a yearRenewal, June 2022: AED 262,500 a yearRenewal, June 2023: AED 262,500 a yearNew contract, July 2024: AED 520,000 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 Al Mahra, and where V124 sits

All 32 6-beds →

V124 last sold in December 2013 at AED 1,549 per sqft, 91% above what six-beds in Al Mahra were fetching at the time (AED 811).

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 →

V124, Al Mahra in numbers

  • Sold twice: first on 22 February 2009 for AED 4,950,000, last on 17 December 2013 for AED 8,000,000 (AED 1,549 per sqft).
  • Rented since June 2021 on 4 Ejari contracts, from AED 250,000 to AED 520,000 a year.
  • At AED 520,000 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 15,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 15 July 2024.

Questions about V124, Al Mahra

What did villa V124 last sell for?

AED 8,000,000 on 17 December 2013: AED 1,549 per sqft for 5,162 sqft. The villa has 2 registered sales; the first was AED 4,950,000 in February 2009.

What is the rent for villa V124?

AED 520,000 a year on the contract signed on 15 July 2024. The previous contract, from June 2023, was AED 262,500; the villa has been rented since June 2021.

How big is villa V124?

5,162 sqft (479.6 sqm): a six-bedroom villa in Al Mahra, completed in 2007.

What is villa V124 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 V124, Al Mahra

Starts from the last sale price (AED 8M, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 8,000,000
Deposit, UAE resident (20%)
AED 1,600,000
Deposit, non-resident (40%)
AED 3,200,000
Monthly over 25 years at 3.7%
AED 32,730

Plus AED 341,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →