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

V017, Alvorada 1

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V017 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.89M15 December 2020
Current rentAED 257K /yr25 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V017, Alvorada 1

What is V017 worth today?

Last sold for AED 1,887,500 in 2020

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15 Dec 2020SoldReady
AED 1,887,500AED 444 per sqft
25 Jun 2018RentedNew contract
AED 257,000/yr12 months · AED 60 per sqft
28 Oct 2017RentedNew contract
AED 255,000/yr12 months · AED 60 per sqft
18 Dec 2016RentedRenewal
AED 340,000/yr12 months · AED 80 per sqft
18 Dec 2015RentedRenewal
AED 340,000/yr12 months · AED 80 per sqft
18 Dec 2014RentedNew contract
AED 340,000/yr12 months · AED 80 per sqft
19 May 2008Sold by developerReady
AED 2,705,888AED 636 per sqft
19 May 2008SoldReady
AED 5,700,000AED 1,341 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
4-bed villa
Size
4,248 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 1.89M · December 2020
Community
Alvorada 1

About V017, Alvorada 1

V017 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 15 December 2020 for AED 1,887,500, or AED 444 per sqft, 48% below the AED 851 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 25 June 2018, is AED 257,000 a year: a gross yield of 13.6% on the 2020 price, before the service charge of about AED 10,600 a year.

Sales and rents for V017 over time

Sales
Villa V017, 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, May 2008: AED 2,705,888 (AED 636 per sqft)Sold, May 2008: AED 5,700,000 (AED 1,341 per sqft)Sold, December 2020: AED 1,887,500 (AED 444 per sqft)

V017 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V017, 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, December 2014: AED 340,000 a yearRenewal, December 2015: AED 340,000 a yearRenewal, December 2016: AED 340,000 a yearNew contract, October 2017: AED 255,000 a yearNew contract, June 2018: AED 257,000 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 V017 sits

All 25 4-beds →

V017 last sold in December 2020 at AED 444 per sqft, 48% below what four-beds in Alvorada 1 were fetching at the time (AED 851). 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 →

V017, Alvorada 1 in numbers

  • Sold 3 times: first on 19 May 2008 for AED 5,700,000, last on 15 December 2020 for AED 1,887,500 (AED 444 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 340,000 to AED 257,000 a year.
  • At AED 257,000 a year the gross yield on the 2020 price is 13.6%, 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 15 December 2020.

Questions about V017, Alvorada 1

What did villa V017 last sell for?

AED 1,887,500 on 15 December 2020: AED 444 per sqft for 4,248 sqft. The villa has 3 registered sales; the first was AED 5,700,000 in May 2008.

What is the rent for villa V017?

AED 257,000 a year on the contract signed on 25 June 2018. The previous contract, from October 2017, was AED 255,000; the villa has been rented since December 2014.

How big is villa V017?

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

What is villa V017 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 V017, Alvorada 1

Starts from the last sale price (AED 1.89M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,887,500
Deposit, UAE resident (20%)
AED 377,500
Deposit, non-resident (40%)
AED 755,000
Monthly over 25 years at 3.7%
AED 7,722

Plus AED 84,285 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →