3-bed · 3,778 sqftAlvorada 2, Arabian Ranches · completed 2008

V038, Alvorada 2

Sold prices and rental history: sold 3 times, last in October 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V038 · DLD and Ejari recordsUpdated 18 October 2012
Last soldAED 3.8M18 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V038, Alvorada 2

What is V038 worth today?

Last sold for AED 3,800,000 in 2012

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18 Oct 2012SoldReady
AED 3,800,000AED 1,005 per sqft
17 Jul 2008Sold by developerReady
AED 2,186,888AED 578 per sqft
17 Jul 2008SoldReady
AED 5,500,000AED 1,455 per sqft

Source: Dubai Land Department. Updated 18 October 2012.

Key facts

Type
3-bed villa
Size
3,778 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 3.8M · October 2012
Community
Alvorada 2

About V038, Alvorada 2

V038 is a three-bedroom villa of 3,778 sqft in Alvorada 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 18 October 2012 for AED 3,800,000, or AED 1,005 per sqft, 16% above the AED 864 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V038 over time

Sales
Villa V038, 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, July 2008: AED 2,186,888 (AED 578 per sqft)Sold, July 2008: AED 5,500,000 (AED 1,455 per sqft)Sold, October 2012: AED 3,800,000 (AED 1,005 per sqft)

V038 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V038, 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 340,000

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 V038 sits

All 37 3-beds →

V038 last sold in October 2012 at AED 1,005 per sqft, 16% above what three-beds in Alvorada 2 were fetching at the time (AED 864). 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 →

V038, Alvorada 2 in numbers

  • Sold 3 times: first on 17 July 2008 for AED 5,500,000, last on 18 October 2012 for AED 3,800,000 (AED 1,005 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 18 October 2012.

Questions about V038, Alvorada 2

What did villa V038 last sell for?

AED 3,800,000 on 18 October 2012: AED 1,005 per sqft for 3,778 sqft. The villa has 3 registered sales; the first was AED 5,500,000 in July 2008.

How big is villa V038?

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

What is villa V038 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 V038, Alvorada 2

Starts from the last sale price (AED 3.8M, 18 October 2012). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →