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3-bed · 3,767 sqftAlvorada 2, Arabian Ranches · completed 2008

V005, Alvorada 2

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V005 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.11M25 November 2008
Current rentAED 292K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V005, Alvorada 2

What is V005 worth today?

Last sold for AED 1,107,444 in 2008

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15 May 2024RentedRenewal
AED 291,500/yr24 months · AED 77 per sqft
15 May 2023RentedRenewal
AED 265,000/yr12 months · AED 70 per sqft
1 Oct 2021RentedRenewal
AED 200,000/yr6 months · AED 53 per sqft
1 Apr 2020RentedRenewal
AED 185,000/yr12 months · AED 49 per sqft
1 Apr 2019RentedNew contract
AED 185,000/yr12 months · AED 49 per sqft
1 Apr 2018RentedNew contract
AED 195,000/yr12 months · AED 52 per sqft
7 Mar 2016RentedRenewal
AED 275,000/yr12 months · AED 73 per sqft
7 Mar 2015RentedNew contract
AED 275,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
3-bed villa
Size
3,767 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 1.11M · November 2008
Community
Alvorada 2

About V005, Alvorada 2

V005 is a three-bedroom villa of 3,767 sqft in Alvorada 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 25 November 2008 for AED 1,107,444, or AED 294 per sqft, 52% below the AED 613 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 291,500 a year: a gross yield of 26.3% on the 2008 price, before the service charge of about AED 9,400 a year.

Sales and rents for V005 over time

Sales
Villa V005, each saleTypical three-bed in Alvorada 2
05M10M2008201320182023Typical sale price by year: 2008 AED 2,276,888; 2009 AED 1,206,944; 2010 AED 2,913,444; 2011 AED 1,463,972; 2012 AED 3,482,500; 2013 AED 2,264,888; 2014 AED 4,995,000; 2017 AED 4,300,000; 2019 AED 3,322,500; 2020 AED 3,540,000; 2021 AED 4,500,000; 2022 AED 6,500,000; 2023 AED 6,987,500; 2024 AED 10,950,000; 2025 AED 11,250,000Sold by developer, November 2008: AED 1,107,444 (AED 294 per sqft)

V005 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V005, each contractTypical three-bed in Alvorada 2
200K300K2012201620202024Typical rent by year: 2012 AED 220,000; 2013 AED 240,750; 2014 AED 265,000; 2015 AED 260,000; 2016 AED 250,000; 2017 AED 242,500; 2018 AED 215,000; 2019 AED 200,000; 2020 AED 180,000; 2021 AED 200,000; 2022 AED 267,500; 2023 AED 260,000; 2024 AED 327,500; 2025 AED 340,000New contract, April 2012: AED 230,000 a yearNew contract, March 2015: AED 275,000 a yearRenewal, March 2016: AED 275,000 a yearNew contract, April 2018: AED 195,000 a yearNew contract, April 2019: AED 185,000 a yearRenewal, April 2020: AED 185,000 a yearRenewal, October 2021: AED 200,000 a yearRenewal, May 2023: AED 265,000 a yearRenewal, May 2024: AED 291,500 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 2, and where V005 sits

All 37 3-beds →

V005 last sold in November 2008 at AED 294 per sqft, 52% below what three-beds in Alvorada 2 were fetching at the time (AED 613). Over the last 12 months three-beds sold for AED 10,100,000 to 12,800,000, around AED 3,036 per sqft, and rent for AED 360,000 to 360,000 a year.

Recent 3-bed salesVilla no.Price (AED)Summary
18 Feb 202610,100,000
5 Dec 202512,800,000
2 Oct 202510,300,000
18 Feb 202511,250,000
2 3-bed sales in the last 12 months

Alvorada 2

Community

110 villas, 3-bed to 5-bed in Arabian Ranches, completed in 2008 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,673
Typical sale
AED 10.1M
Typical rent
AED 430K /yr
Typical yield
3.8%
Alvorada 2, Arabian Ranches: prices, sales and rents →

V005, Alvorada 2 in numbers

  • Sold once: by Emaar on 25 November 2008 for AED 1,107,444, or AED 294 per sqft.
  • Rented since April 2012 on 9 Ejari contracts. The rent fell from AED 230,000 to AED 185,000 in 2020 and recovered to AED 291,500 by May 2024.
  • At AED 291,500 a year the gross yield on the 2008 price is 26.3%, before a service charge of about AED 9,400 a year (AED 2.50 per sqft).
  • Three-beds in Alvorada 2 sold for AED 10,100,000–12,800,000 in the 12 months to November 2026; the community's median across all types is AED 2,673 per sqft.

Source: Dubai Land Department. Updated 15 May 2024.

Questions about V005, Alvorada 2

What did villa V005 last sell for?

AED 1,107,444 on 25 November 2008, sold by the developer: AED 294 per sqft for 3,767 sqft. It is the only registered sale of the villa.

What is the rent for villa V005?

AED 291,500 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 265,000; the villa has been rented since April 2012.

How big is villa V005?

3,767 sqft (350.0 sqm): a three-bedroom villa in Alvorada 2, completed in 2008.

What is villa V005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Alvorada 2 sold for AED 10,100,000 to 12,800,000 in the last 12 months, around AED 3,036 per sqft.

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Mortgage on V005, Alvorada 2

Starts from the last sale price (AED 1.11M, 25 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,107,444
Deposit, UAE resident (20%)
AED 221,489
Deposit, non-resident (40%)
AED 442,978
Monthly over 25 years at 3.7%
AED 4,531

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →