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5-bed · 4,652 sqftAlvorada 1, Arabian Ranches · completed 2008

V028, Alvorada 1

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V028 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 8.5M13 October 2023
Current rentAED 580K /yr11 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V028, Alvorada 1

What is V028 worth today?

Last sold for AED 8,500,000 in 2023

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11 Nov 2024RentedRenewal
AED 580,000/yr24 months · AED 125 per sqft
11 Nov 2023RentedNew contract
AED 580,000/yr12 months · AED 125 per sqft
13 Oct 2023SoldReady
AED 8,500,000AED 1,827 per sqft
26 Sep 2019SoldReady
AED 3,822,000AED 821 per sqft
15 Jul 2019RentedNew contract
AED 235,000/yr12 months · AED 51 per sqft
23 Jul 2018RentedNew contract
AED 360,000/yr12 months · AED 77 per sqft
23 Aug 2017SoldReady
AED 1,400,000AED 300 per sqft
23 Jul 2017RentedNew contract
AED 300,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
5-bed villa
Size
4,652 sqft
Developer
Emaar
Completed
2008
Service charge
AED 11,600 /yr
Last sold
AED 8.5M · October 2023
Community
Alvorada 1

About V028, Alvorada 1

V028 is a five-bedroom villa of 4,652 sqft in Alvorada 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 13 October 2023 for AED 8,500,000, or AED 1,827 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 11 November 2024, is AED 580,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for V028 over time

Sales
Villa V028, each saleTypical five-bed in Alvorada 1
5M2008201320182023Typical sale price by year: 2008 AED 3,324,888; 2013 AED 4,276,944; 2017 AED 1,400,000Sold by developer, May 2013: AED 3,027,888 (AED 650 per sqft)Sold, August 2017: AED 1,400,000 (AED 300 per sqft)Sold, September 2019: AED 3,822,000 (AED 821 per sqft)Sold, October 2023: AED 8,500,000 (AED 1,827 per sqft)

V028 has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V028, each contractTypical five-bed in Alvorada 1
200K400K600K2013201720212025Typical rent by year: 2013 AED 310,000; 2014 AED 325,000; 2015 AED 322,500; 2016 AED 320,000; 2017 AED 300,000; 2018 AED 280,000; 2019 AED 230,000; 2020 AED 230,993; 2021 AED 250,000; 2022 AED 335,000; 2023 AED 412,384; 2024 AED 455,000; 2025 AED 430,000New contract, September 2013: AED 285,000 a yearNew contract, July 2014: AED 320,000 a yearNew contract, July 2015: AED 320,000 a yearRenewal, July 2016: AED 320,000 a yearNew contract, July 2017: AED 300,000 a yearNew contract, July 2018: AED 360,000 a yearNew contract, July 2019: AED 235,000 a yearNew contract, November 2023: AED 580,000 a yearRenewal, November 2024: AED 580,000 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 Alvorada 1, and where V028 sits

All 14 5-beds →
Recent 5-bed salesVilla no.Price (AED)Summary
23 Dec 20248,500,000
8 Feb 20214,150,000
12 Nov 20203,875,000
27 Feb 20204,050,000
0 5-bed sales 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 →

V028, Alvorada 1 in numbers

  • Sold 4 times: first on 7 May 2013 for AED 3,027,888, last on 13 October 2023 for AED 8,500,000 (AED 1,827 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 285,000 to AED 235,000 in 2019 and recovered to AED 580,000 by November 2024.
  • At AED 580,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 11,600 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 11 November 2024.

Questions about V028, Alvorada 1

What did villa V028 last sell for?

AED 8,500,000 on 13 October 2023: AED 1,827 per sqft for 4,652 sqft. The villa has 4 registered sales; the first was AED 3,027,888 in May 2013.

What is the rent for villa V028?

AED 580,000 a year on the contract renewed on 11 November 2024. The previous contract, from November 2023, was AED 580,000; the villa has been rented since September 2013.

How big is villa V028?

4,652 sqft (432.2 sqm): a five-bedroom villa in Alvorada 1, completed in 2008.

What is villa V028 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 V028, Alvorada 1

Starts from the last sale price (AED 8.5M, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

Plus AED 362,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →