4-bed · 4,229 sqftAlvorada 2, Arabian Ranches · completed 2008

V018, Alvorada 2

Sold prices and rental history: sold 3 times, last in March 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V018 · DLD and Ejari recordsUpdated 19 March 2020
Last soldAED 3.75M19 March 2020
Current rentAED 210K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V018, Alvorada 2

What is V018 worth today?

Last sold for AED 3,750,000 in 2020

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19 Mar 2020SoldReady
AED 3,750,000AED 886 per sqft
1 May 2019RentedRenewal
AED 210,000/yr12 months · AED 50 per sqft
1 May 2018RentedNew contract
AED 210,000/yr12 months · AED 50 per sqft
22 Sep 2016RentedRenewal
AED 280,000/yr12 months · AED 66 per sqft
22 Sep 2015RentedRenewal
AED 300,000/yr12 months · AED 71 per sqft
22 Sep 2014RentedNew contract
AED 300,000/yr12 months · AED 71 per sqft
20 Sep 2013RentedNew contract
AED 300,000/yr12 months · AED 71 per sqft
18 Sep 2012RentedNew contract
AED 300,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 19 March 2020.

Key facts

Type
4-bed villa
Size
4,229 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 3.75M · March 2020
Community
Alvorada 2

About V018, Alvorada 2

V018 is a four-bedroom villa of 4,229 sqft in Alvorada 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 19 March 2020 for AED 3,750,000, or AED 886 per sqft, in line with the AED 863 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 May 2019, is AED 210,000 a year: a gross yield of 5.6% on the 2020 price, before the service charge of about AED 10,600 a year.

Sales and rents for V018 over time

Sales
Villa V018, each saleTypical four-bed in Alvorada 2
2M4M6M20082012201620202024Typical sale price by year: 2008 AED 2,718,888; 2009 AED 2,612,888; 2010 AED 2,551,888; 2011 AED 2,718,888; 2012 AED 3,366,444; 2013 AED 4,000,000; 2014 AED 5,250,000; 2015 AED 5,750,000; 2016 AED 4,725,000; 2017 AED 4,387,500; 2020 AED 3,775,000; 2021 AED 4,000,000; 2023 AED 6,675,000Sold by developer, March 2010: AED 2,582,888 (AED 610 per sqft)Sold, March 2010: AED 3,950,000 (AED 933 per sqft)Sold, March 2020: AED 3,750,000 (AED 886 per sqft)

V018 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V018, each contractTypical four-bed in Alvorada 2
200K300K400K2012201620202024Typical rent by year: 2012 AED 265,000; 2013 AED 270,000; 2014 AED 290,782; 2015 AED 286,597; 2016 AED 275,000; 2017 AED 250,000; 2018 AED 248,600; 2019 AED 215,000; 2020 AED 200,000; 2021 AED 232,046; 2022 AED 287,500; 2023 AED 300,045; 2024 AED 350,000; 2025 AED 415,000New contract, September 2012: AED 300,000 a yearNew contract, September 2013: AED 300,000 a yearNew contract, September 2014: AED 300,000 a yearRenewal, September 2015: AED 300,000 a yearRenewal, September 2016: AED 280,000 a yearNew contract, May 2018: AED 210,000 a yearRenewal, May 2019: AED 210,000 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 2, and where V018 sits

All 51 4-beds →

V018 last sold in March 2020 at AED 886 per sqft, in line with what four-beds in Alvorada 2 were fetching at the time (AED 863). Over the last 12 months four-beds sold for AED 9,000,000, around AED 2,128 per sqft, and rent for AED 430,000 to 444,303 a year.

Recent 4-bed salesVilla no.Price (AED)Summary
24 Dec 20259,000,000
2 Oct 202511,325,000
13 Feb 202525,000,000
3 Jul 20248,250,000
1 4-bed sale 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 →

V018, Alvorada 2 in numbers

  • Sold 3 times: first on 3 March 2010 for AED 3,950,000, last on 19 March 2020 for AED 3,750,000 (AED 886 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 300,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2020 price is 5.6%, before a service charge of about AED 10,600 a year (AED 2.50 per sqft).
  • Four-beds in Alvorada 2 sold for AED 9,000,000–9,000,000 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 19 March 2020.

Questions about V018, Alvorada 2

What did villa V018 last sell for?

AED 3,750,000 on 19 March 2020: AED 886 per sqft for 4,229 sqft. The villa has 3 registered sales; the first was AED 3,950,000 in March 2010.

What is the rent for villa V018?

AED 210,000 a year on the contract renewed on 1 May 2019. The previous contract, from May 2018, was AED 210,000; the villa has been rented since September 2012.

How big is villa V018?

4,229 sqft (392.9 sqm): a four-bedroom villa in Alvorada 2, completed in 2008.

What is villa V018 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Alvorada 2 sold for AED 9,000,000 to 9,000,000 in the last 12 months, around AED 2,128 per sqft.

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Mortgage on V018, Alvorada 2

Starts from the last sale price (AED 3.75M, 19 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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