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

V032, Alvorada 2

Sold prices and rental history: sold 4 times, last in February 2021, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V032 · DLD and Ejari recordsUpdated 25 February 2021
Last soldAED 3.8M25 February 2021
Current rentAED 240K /yr15 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V032, Alvorada 2

What is V032 worth today?

Last sold for AED 3,800,000 in 2021

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25 Feb 2021SoldReady
AED 3,800,000AED 894 per sqft
27 May 2018SoldReady
AED 3,525,000AED 829 per sqft
4 Jun 2017SoldReady
AED 3,000,000AED 706 per sqft
15 Oct 2015RentedRenewal
AED 240,000/yr12 months · AED 56 per sqft
15 Oct 2014RentedNew contract
AED 224,000/yr12 months · AED 53 per sqft
15 Oct 2012RentedNew contract
AED 190,000/yr12 months · AED 45 per sqft
18 Mar 2010Sold by developerReady
AED 2,544,888AED 599 per sqft

Source: Dubai Land Department. Updated 25 February 2021.

Key facts

Type
4-bed villa
Size
4,248 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 3.8M · February 2021
Community
Alvorada 2

About V032, Alvorada 2

V032 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 25 February 2021 for AED 3,800,000, or AED 894 per sqft, in line with the AED 890 four-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 15 October 2015, is AED 240,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 10,600 a year.

Sales and rents for V032 over time

Sales
Villa V032, 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 2,544,888 (AED 599 per sqft)Sold, June 2017: AED 3,000,000 (AED 706 per sqft)Sold, May 2018: AED 3,525,000 (AED 829 per sqft)Sold, February 2021: AED 3,800,000 (AED 894 per sqft)

V032 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V032, each contractTypical four-bed in Alvorada 2
200K400K2012201620202024Typical 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, October 2012: AED 190,000 a yearNew contract, October 2014: AED 224,000 a yearRenewal, October 2015: AED 240,000 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 V032 sits

All 51 4-beds →

V032 last sold in February 2021 at AED 894 per sqft, in line with what four-beds in Alvorada 2 were fetching at the time (AED 890). 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 →

V032, Alvorada 2 in numbers

  • Sold 4 times: first on 18 March 2010 for AED 2,544,888, last on 25 February 2021 for AED 3,800,000 (AED 894 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 190,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2021 price is 6.3%, 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 25 February 2021.

Questions about V032, Alvorada 2

What did villa V032 last sell for?

AED 3,800,000 on 25 February 2021: AED 894 per sqft for 4,248 sqft. The villa has 4 registered sales; the first was AED 2,544,888 in March 2010.

What is the rent for villa V032?

AED 240,000 a year on the contract renewed on 15 October 2015. The previous contract, from October 2014, was AED 224,000; the villa has been rented since October 2012.

How big is villa V032?

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

What is villa V032 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 V032, Alvorada 2

Starts from the last sale price (AED 3.8M, 25 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →