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

V058, Alvorada 1

Sold prices and rental history: sold 4 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V058 · DLD and Ejari recordsUpdated 11 August 2022
Last soldAED 6.1M11 August 2022
Current rentAED 182K /yr11 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V058, Alvorada 1

What is V058 worth today?

Last sold for AED 6,100,000 in 2022

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11 Aug 2022SoldReady
AED 6,100,000AED 1,435 per sqft
11 Jun 2021RentedRenewal
AED 181,500/yr12 months · AED 43 per sqft
11 Jun 2020RentedNew contract
AED 165,000/yr12 months · AED 39 per sqft
8 Dec 2018RentedRenewal
AED 205,000/yr12 months · AED 48 per sqft
6 Dec 2016RentedRenewal
AED 283,500/yr12 months · AED 67 per sqft
6 Dec 2015RentedNew contract
AED 295,000/yr12 months · AED 69 per sqft
26 Oct 2014RentedNew contract
AED 300,000/yr12 months · AED 71 per sqft
26 Oct 2013RentedNew contract
AED 280,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 11 August 2022.

Key facts

Type
4-bed villa
Size
4,248 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 6.1M · August 2022
Community
Alvorada 1

About V058, Alvorada 1

V058 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 11 August 2022 for AED 6,100,000, or AED 1,435 per sqft, 15% above the AED 1,247 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 11 June 2021, is AED 181,500 a year: a gross yield of 3.0% on the 2022 price, before the service charge of about AED 10,600 a year.

Sales and rents for V058 over time

Sales
Villa V058, each saleTypical four-bed in Alvorada 1
2M4M6M2008201220162020Typical 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 2,451,888 (AED 577 per sqft)Sold, July 2008: AED 6,200,000 (AED 1,459 per sqft)Sold, September 2012: AED 4,350,000 (AED 1,023 per sqft)Sold, August 2022: AED 6,100,000 (AED 1,435 per sqft)

V058 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V058, each contractTypical four-bed in Alvorada 1
200K400K2012201620202024Typical 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, October 2013: AED 280,000 a yearNew contract, October 2013: AED 280,000 a yearNew contract, October 2014: AED 300,000 a yearNew contract, December 2015: AED 295,000 a yearRenewal, December 2016: AED 283,500 a yearRenewal, December 2018: AED 205,000 a yearNew contract, June 2020: AED 165,000 a yearRenewal, June 2021: AED 181,500 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 V058 sits

All 25 4-beds →

V058 last sold in August 2022 at AED 1,435 per sqft, 15% above what four-beds in Alvorada 1 were fetching at the time (AED 1,247). 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 →

V058, Alvorada 1 in numbers

  • Sold 4 times: first on 11 May 2008 for AED 2,451,888, last on 11 August 2022 for AED 6,100,000 (AED 1,435 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 280,000 to AED 181,500 a year.
  • At AED 181,500 a year the gross yield on the 2022 price is 3.0%, 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 11 August 2022.

Questions about V058, Alvorada 1

What did villa V058 last sell for?

AED 6,100,000 on 11 August 2022: AED 1,435 per sqft for 4,248 sqft. The villa has 4 registered sales; the first was AED 2,451,888 in May 2008.

What is the rent for villa V058?

AED 181,500 a year on the contract renewed on 11 June 2021. The previous contract, from June 2020, was AED 165,000; the villa has been rented since October 2013.

How big is villa V058?

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

What is villa V058 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 V058, Alvorada 1

Starts from the last sale price (AED 6.1M, 11 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,100,000
Deposit, UAE resident (20%)
AED 1,220,000
Deposit, non-resident (40%)
AED 2,440,000
Monthly over 25 years at 3.7%
AED 24,957

Plus AED 261,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →