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4-bed · 4,248 sqftAlvorada 2, Arabian Ranches · completed 2008

V028, Alvorada 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V028 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 8.25M3 July 2024
Current rentAED 300K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V028, Alvorada 2

What is V028 worth today?

Last sold for AED 8,250,000 in 2024

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3 Jul 2024SoldReady
AED 8,250,000AED 1,941 per sqft
1 Jul 2023RentedRenewal
AED 300,089/yr9 months · AED 71 per sqft
1 Jul 2022RentedRenewal
AED 300,000/yr12 months · AED 71 per sqft
1 Aug 2021RentedNew contract
AED 229,091/yr11 months · AED 54 per sqft
30 Jun 2021SoldReady
AED 4,600,000AED 1,082 per sqft
1 Aug 2019RentedRenewal
AED 220,000/yr12 months · AED 52 per sqft
1 Aug 2018RentedNew contract
AED 220,000/yr12 months · AED 52 per sqft
1 Jul 2017RentedRenewal
AED 275,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 3 July 2024.

Key facts

Type
4-bed villa
Size
4,248 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 8.25M · July 2024
Community
Alvorada 2

About V028, Alvorada 2

V028 is a four-bedroom villa of 4,248 sqft in Alvorada 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 3 July 2024 for AED 8,250,000, or AED 1,941 per sqft, 5% above the AED 1,857 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 300,089 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for V028 over time

Sales
Villa V028, each saleTypical four-bed in Alvorada 2
5M2008201320182023Typical 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, June 2010: AED 2,529,888 (AED 595 per sqft)Sold, June 2021: AED 4,600,000 (AED 1,082 per sqft)Sold, July 2024: AED 8,250,000 (AED 1,941 per sqft)

V028 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V028, 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, May 2013: AED 294,040 a yearRenewal, July 2014: AED 272,950 a yearRenewal, July 2015: AED 286,597 a yearRenewal, July 2016: AED 280,000 a yearRenewal, July 2017: AED 275,000 a yearNew contract, August 2018: AED 220,000 a yearRenewal, August 2019: AED 220,000 a yearNew contract, August 2021: AED 229,091 a yearRenewal, July 2022: AED 300,000 a yearRenewal, July 2023: AED 300,089 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 V028 sits

All 51 4-beds →

V028 last sold in July 2024 at AED 1,941 per sqft, 5% above what four-beds in Alvorada 2 were fetching at the time (AED 1,857). 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 Apr 20248,500,000
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 →

V028, Alvorada 2 in numbers

  • Sold 3 times: first on 21 June 2010 for AED 2,529,888, last on 3 July 2024 for AED 8,250,000 (AED 1,941 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 294,040 to AED 220,000 in 2019 and recovered to AED 300,089 by July 2023.
  • At AED 300,089 a year the gross yield on the 2024 price is 3.6%, 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 3 July 2024.

Questions about V028, Alvorada 2

What did villa V028 last sell for?

AED 8,250,000 on 3 July 2024: AED 1,941 per sqft for 4,248 sqft. The villa has 3 registered sales; the first was AED 2,529,888 in June 2010.

What is the rent for villa V028?

AED 300,089 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 300,000; the villa has been rented since May 2013.

How big is villa V028?

4,248 sqft (394.7 sqm): a four-bedroom villa in Alvorada 2, completed in 2008.

What is villa V028 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 V028, Alvorada 2

Starts from the last sale price (AED 8.25M, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,250,000
Deposit, UAE resident (20%)
AED 1,650,000
Deposit, non-resident (40%)
AED 3,300,000
Monthly over 25 years at 3.7%
AED 33,753

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