Home
Dubai prices
About
Research
3-bed · 3,778 sqftAlvorada 2, Arabian Ranches · completed 2008

V020, Alvorada 2

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V020 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 2.35M10 June 2009
Current rentAED 350K /yr23 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V020

Property timeline for V020, Alvorada 2

What is V020 worth today?

Last sold for AED 2,352,888 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Sep 2024RentedNew contract
AED 350,000/yr12 months · AED 93 per sqft
1 Sep 2023RentedRenewal
AED 260,000/yr12 months · AED 69 per sqft
1 Sep 2022RentedNew contract
AED 260,000/yr12 months · AED 69 per sqft
1 Oct 2021RentedRenewal
AED 190,000/yr9 months · AED 50 per sqft
1 Oct 2020RentedRenewal
AED 175,000/yr12 months · AED 46 per sqft
1 Oct 2019RentedRenewal
AED 190,000/yr12 months · AED 50 per sqft
1 Oct 2018RentedRenewal
AED 200,000/yr12 months · AED 53 per sqft
3 May 2017RentedRenewal
AED 245,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
3-bed villa
Size
3,778 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 2.35M · June 2009
Community
Alvorada 2

About V020, Alvorada 2

V020 is a three-bedroom villa of 3,778 sqft in Alvorada 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 10 June 2009 for AED 2,352,888, or AED 622 per sqft, in line with the AED 609 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 23 September 2024, is AED 350,000 a year: a gross yield of 14.9% on the 2009 price, before the service charge of about AED 9,400 a year.

Sales and rents for V020 over time

Sales
Villa V020, 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, June 2009: AED 2,352,888 (AED 622 per sqft)

V020 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V020, 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, August 2012: AED 220,000 a yearNew contract, September 2013: AED 250,000 a yearNew contract, May 2015: AED 245,000 a yearRenewal, May 2016: AED 245,000 a yearRenewal, May 2017: AED 245,000 a yearRenewal, October 2018: AED 200,000 a yearRenewal, October 2019: AED 190,000 a yearRenewal, October 2020: AED 175,000 a yearRenewal, October 2021: AED 190,000 a yearNew contract, September 2022: AED 260,000 a yearRenewal, September 2023: AED 260,000 a yearNew contract, September 2024: AED 350,000 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 2, and where V020 sits

All 37 3-beds →

V020 last sold in June 2009 at AED 622 per sqft, in line with what three-beds in Alvorada 2 were fetching at the time (AED 609). 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 →

V020, Alvorada 2 in numbers

  • Sold once: by Emaar on 10 June 2009 for AED 2,352,888, or AED 622 per sqft.
  • Rented since August 2012 on 12 Ejari contracts. The rent fell from AED 220,000 to AED 175,000 in 2020 and recovered to AED 350,000 by September 2024.
  • At AED 350,000 a year the gross yield on the 2009 price is 14.9%, 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 23 September 2024.

Questions about V020, Alvorada 2

What did villa V020 last sell for?

AED 2,352,888 on 10 June 2009, sold by the developer: AED 622 per sqft for 3,778 sqft. It is the only registered sale of the villa.

What is the rent for villa V020?

AED 350,000 a year on the contract signed on 23 September 2024. The previous contract, from September 2023, was AED 260,000; the villa has been rented since August 2012.

How big is villa V020?

3,778 sqft (351.0 sqm): a three-bedroom villa in Alvorada 2, completed in 2008.

What is villa V020 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.

Selling V020? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V020, Alvorada 2

Starts from the last sale price (AED 2.35M, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,352,888
Deposit, UAE resident (20%)
AED 470,578
Deposit, non-resident (40%)
AED 941,155
Monthly over 25 years at 3.7%
AED 9,626

Plus AED 103,832 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →