V048, Alvorada 1
Sold prices and rental history: sold twice, last in May 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V048, Alvorada 1
What is V048 worth today?
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Source: Dubai Land Department. Updated 31 May 2020.
Key facts
- Type
- 3-bed villa
- Size
- 3,778 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,400 /yr
- Last sold
- AED 3.15M · May 2020
- Community
- Alvorada 1
About V048, Alvorada 1
V048 is a three-bedroom villa of 3,778 sqft in Alvorada 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 31 May 2020 for AED 3,150,000, or AED 833 per sqft.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 14 July 2019, is AED 205,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 9,400 a year.
Sales and rents for V048 over time
V048 has sold twice; the dashed line is the three-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.
3-beds in Alvorada 1, and where V048 sits
All 21 3-beds →V048's AED 205,000 is in the lower half of that range.
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Aug 20241 August 2024 | 3,767 sqft | 12,500,000 | 3,318 | ||
| 28 Aug 202328 August 2023 | 3,778 sqft | 6,800,000 | 1,800 | ||
| 25 Aug 202225 August 2022 | 3,767 sqft | 5,100,000 | 1,353 | ||
| 18 Jul 202218 July 2022 | 3,767 sqft | 6,200,000 | 1,645 |
Alvorada 1
Community60 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%
V048, Alvorada 1 in numbers
- Sold twice: first on 29 December 2008 for AED 1,183,944, last on 31 May 2020 for AED 3,150,000 (AED 833 per sqft).
- Rented since July 2013 on 3 Ejari contracts, from AED 250,000 to AED 205,000 a year.
- At AED 205,000 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 9,400 a year (AED 2.50 per sqft).
Source: Dubai Land Department. Updated 31 May 2020.
Questions about V048, Alvorada 1
What did villa V048 last sell for?
AED 3,150,000 on 31 May 2020: AED 833 per sqft for 3,778 sqft. The villa has 2 registered sales; the first was AED 1,183,944 in December 2008.
What is the rent for villa V048?
AED 205,000 a year on the contract renewed on 14 July 2019. The previous contract, from July 2018, was AED 215,000; the villa has been rented since July 2013.
How big is villa V048?
3,778 sqft (351.0 sqm): a three-bedroom villa in Alvorada 1, completed in 2008.
What is villa V048 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 V048, Alvorada 1
Starts from the last sale price (AED 3.15M, 31 May 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →