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3-bed · 3,767 sqftAlvorada 1, Arabian Ranches · completed 2008

V059, Alvorada 1

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V059 · DLD and Ejari recordsUpdated 18 July 2022
Last soldAED 6.2M18 July 2022
Current rentAED 180K /yr20 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V059, Alvorada 1

What is V059 worth today?

Last sold for AED 6,200,000 in 2022

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18 Jul 2022SoldReady
AED 6,200,000AED 1,645 per sqft
22 Mar 2021SoldReady
AED 3,900,000AED 1,035 per sqft
20 Jul 2020RentedNew contract
AED 180,000/yr12 months · AED 48 per sqft
10 Mar 2019RentedRenewal
AED 180,000/yr12 months · AED 48 per sqft
10 Mar 2018RentedNew contract
AED 190,000/yr12 months · AED 50 per sqft
7 Aug 2017RentedNew contract
AED 235,000/yr12 months · AED 62 per sqft
7 Dec 2016RentedNew contract
AED 240,000/yr12 months · AED 64 per sqft
23 Oct 2015RentedRenewal
AED 245,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 18 July 2022.

Key facts

Type
3-bed villa
Size
3,767 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 6.2M · July 2022
Community
Alvorada 1

About V059, Alvorada 1

V059 is a three-bedroom villa of 3,767 sqft in Alvorada 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 18 July 2022 for AED 6,200,000, or AED 1,645 per sqft, 16% above the AED 1,420 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 20 July 2020, is AED 180,000 a year: a gross yield of 2.9% on the 2022 price, before the service charge of about AED 9,400 a year.

Sales and rents for V059 over time

Sales
Villa V059, each saleTypical three-bed in Alvorada 1
2M4M6M2008201220162020Typical sale price by year: 2008 AED 2,448,388; 2010 AED 2,204,888; 2011 AED 2,877,444; 2012 AED 2,679,388; 2014 AED 5,300,000; 2017 AED 3,575,000; 2021 AED 3,950,000; 2022 AED 5,100,000Sold by developer, February 2012: AED 3,889,888 (AED 1,032 per sqft)Sold, March 2021: AED 3,900,000 (AED 1,035 per sqft)Sold, July 2022: AED 6,200,000 (AED 1,645 per sqft)

V059 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V059, each contractTypical three-bed in Alvorada 1
200K300K2012201620202024Typical rent by year: 2012 AED 220,500; 2013 AED 245,000; 2014 AED 247,500; 2015 AED 245,000; 2016 AED 240,000; 2017 AED 240,000; 2018 AED 212,500; 2019 AED 205,000; 2020 AED 180,000; 2021 AED 180,000; 2022 AED 191,250; 2023 AED 275,000; 2024 AED 292,500; 2025 AED 330,000New contract, October 2012: AED 220,000 a yearNew contract, October 2013: AED 245,000 a yearNew contract, October 2014: AED 245,000 a yearRenewal, October 2015: AED 245,000 a yearNew contract, December 2016: AED 240,000 a yearNew contract, August 2017: AED 235,000 a yearNew contract, March 2018: AED 190,000 a yearRenewal, March 2019: AED 180,000 a yearNew contract, July 2020: AED 180,000 a year

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 V059 sits

All 21 3-beds →

V059 last sold in July 2022 at AED 1,645 per sqft, 16% above what three-beds in Alvorada 1 were fetching at the time (AED 1,420). V059's AED 180,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
1 Aug 202412,500,000
28 Aug 20236,800,000
25 Aug 20225,100,000
21 Jun 20225,750,000
0 3-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 →

V059, Alvorada 1 in numbers

  • Sold 3 times: first on 27 February 2012 for AED 3,889,888, last on 18 July 2022 for AED 6,200,000 (AED 1,645 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 220,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2022 price is 2.9%, before a service charge of about AED 9,400 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 18 July 2022.

Questions about V059, Alvorada 1

What did villa V059 last sell for?

AED 6,200,000 on 18 July 2022: AED 1,645 per sqft for 3,767 sqft. The villa has 3 registered sales; the first was AED 3,889,888 in February 2012.

What is the rent for villa V059?

AED 180,000 a year on the contract signed on 20 July 2020. The previous contract, from March 2019, was AED 180,000; the villa has been rented since October 2012.

How big is villa V059?

3,767 sqft (350.0 sqm): a three-bedroom villa in Alvorada 1, completed in 2008.

What is villa V059 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 V059, Alvorada 1

Starts from the last sale price (AED 6.2M, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

Plus AED 265,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →