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4-bed · 4,248 sqftAlvorada 1, Arabian Ranches · completed 2008

V002, Alvorada 1

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V002 · DLD and Ejari recordsUpdated 24 March 2022
Last soldAED 5.3M24 March 2022
Current rentAED 200K /yr18 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V002, Alvorada 1

What is V002 worth today?

Last sold for AED 5,300,000 in 2022

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24 Mar 2022SoldReady
AED 5,300,000AED 1,247 per sqft
18 Sep 2021RentedRenewal
AED 200,000/yr12 months · AED 47 per sqft
18 Sep 2020RentedNew contract
AED 190,000/yr12 months · AED 45 per sqft
12 Jul 2017RentedNew contract
AED 265,000/yr12 months · AED 62 per sqft
1 Jul 2016RentedNew contract
AED 280,000/yr12 months · AED 66 per sqft
1 Jul 2014RentedNew contract
AED 280,000/yr12 months · AED 66 per sqft
1 Jul 2013RentedNew contract
AED 265,000/yr12 months · AED 62 per sqft
25 May 2012RentedNew contract
AED 240,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 24 March 2022.

Key facts

Type
4-bed villa
Size
4,248 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 5.3M · March 2022
Community
Alvorada 1

About V002, Alvorada 1

V002 is a four-bedroom villa of 4,248 sqft in Alvorada 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 24 March 2022 for AED 5,300,000, or AED 1,247 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 18 September 2021, is AED 200,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 10,600 a year.

Sales and rents for V002 over time

Sales
Villa V002, each saleTypical four-bed in Alvorada 1
2.5M5M2008201220162020Typical sale price by year: 2008 AED 2,695,388; 2009 AED 2,631,388; 2011 AED 3,078,444; 2012 AED 2,696,888; 2013 AED 5,200,000; 2014 AED 6,325,000; 2018 AED 4,300,000; 2020 AED 3,600,000Sold by developer, December 2009: AED 1,251,944 (AED 294 per sqft)Sold, March 2022: AED 5,300,000 (AED 1,247 per sqft)

V002 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V002, each contractTypical four-bed in Alvorada 1
200K300K400K2012201620202024Typical rent by year: 2012 AED 250,000; 2013 AED 280,000; 2014 AED 290,000; 2015 AED 292,500; 2016 AED 290,000; 2017 AED 285,000; 2018 AED 260,000; 2019 AED 250,000; 2020 AED 200,000; 2021 AED 202,500; 2022 AED 310,000; 2023 AED 357,500; 2024 AED 360,000; 2025 AED 402,500New contract, May 2012: AED 240,000 a yearNew contract, July 2013: AED 265,000 a yearNew contract, July 2014: AED 280,000 a yearNew contract, July 2016: AED 280,000 a yearNew contract, July 2017: AED 265,000 a yearNew contract, September 2020: AED 190,000 a yearRenewal, September 2021: AED 200,000 a year

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

4-beds in Alvorada 1, and where V002 sits

All 25 4-beds →

Over the last 12 months four-beds sold for AED 12,800,000, around AED 3,026 per sqft, and rent for AED 300,000 to 415,005 a year.

Recent 4-bed salesVilla no.Price (AED)Summary
22 Jan 202612,800,000
8 Jul 20248,900,000
4 Sep 20236,980,000
31 Mar 20236,128,000
1 4-bed sale in the last 12 months

Alvorada 1

Community

60 villas, 3-bed to 5-bed in Arabian Ranches, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 3,026
Typical sale
AED 12.8M
Typical rent
AED 415K /yr
Typical yield
2.8%
Alvorada 1, Arabian Ranches: prices, sales and rents →

V002, Alvorada 1 in numbers

  • Sold twice: first on 8 December 2009 for AED 1,251,944, last on 24 March 2022 for AED 5,300,000 (AED 1,247 per sqft).
  • Rented since May 2012 on 7 Ejari contracts, from AED 240,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 10,600 a year (AED 2.50 per sqft).
  • Four-beds in Alvorada 1 sold for AED 12,800,000–12,800,000 in the 12 months to November 2026; the community's median across all types is AED 3,026 per sqft.

Source: Dubai Land Department. Updated 24 March 2022.

Questions about V002, Alvorada 1

What did villa V002 last sell for?

AED 5,300,000 on 24 March 2022: AED 1,247 per sqft for 4,248 sqft. The villa has 2 registered sales; the first was AED 1,251,944 in December 2009.

What is the rent for villa V002?

AED 200,000 a year on the contract renewed on 18 September 2021. The previous contract, from September 2020, was AED 190,000; the villa has been rented since May 2012.

How big is villa V002?

4,248 sqft (394.7 sqm): a four-bedroom villa in Alvorada 1, completed in 2008.

What is villa V002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Alvorada 1 sold for AED 12,800,000 to 12,800,000 in the last 12 months, around AED 3,026 per sqft.

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Mortgage on V002, Alvorada 1

Starts from the last sale price (AED 5.3M, 24 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →