5-bed · 5,072 sqftAlvorada 2, Arabian Ranches · completed 2008

V053, Alvorada 2

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V053 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3.13M18 November 2009
Current rentAED 400K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V053, Alvorada 2

What is V053 worth today?

Last sold for AED 3,127,888 in 2009

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1 Jul 2024RentedRenewal
AED 400,000/yr12 months · AED 79 per sqft
6 Jul 2022RentedNew contract
AED 300,000/yr12 months · AED 59 per sqft
6 Jul 2021RentedRenewal
AED 238,000/yr12 months · AED 47 per sqft
6 Jul 2020RentedRenewal
AED 238,000/yr12 months · AED 47 per sqft
6 Jul 2019RentedRenewal
AED 255,000/yr12 months · AED 50 per sqft
6 Jul 2018RentedNew contract
AED 265,000/yr12 months · AED 52 per sqft
6 Jul 2017RentedRenewal
AED 290,000/yr12 months · AED 57 per sqft
6 Jul 2016RentedNew contract
AED 310,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
5-bed villa
Size
5,072 sqft
Developer
Emaar
Completed
2008
Service charge
AED 12,700 /yr
Last sold
AED 3.13M · November 2009
Community
Alvorada 2

About V053, Alvorada 2

V053 is a five-bedroom villa of 5,072 sqft in Alvorada 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 18 November 2009 for AED 3,127,888, or AED 616 per sqft, in line with the AED 616 five-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 2024, is AED 400,000 a year: a gross yield of 12.8% on the 2009 price, before the service charge of about AED 12,700 a year.

Sales and rents for V053 over time

Sales
Villa V053, each saleTypical five-bed in Alvorada 2
5M10M2008201320182023Typical sale price by year: 2008 AED 3,385,000; 2009 AED 3,127,888; 2013 AED 3,239,388; 2014 AED 4,769,388; 2016 AED 5,300,000; 2018 AED 4,500,000; 2021 AED 4,600,000; 2025 AED 12,300,000Sold by developer, November 2009: AED 3,127,888 (AED 616 per sqft)

V053 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V053, each contractTypical five-bed in Alvorada 2
200K300K400K2012201620202024Typical rent by year: 2012 AED 320,000; 2013 AED 315,000; 2014 AED 320,000; 2015 AED 325,000; 2016 AED 310,000; 2017 AED 285,000; 2018 AED 280,000; 2019 AED 255,000; 2020 AED 239,000; 2021 AED 249,000; 2022 AED 291,803; 2023 AED 434,116; 2024 AED 450,000; 2025 AED 450,000New contract, July 2013: AED 310,000 a yearNew contract, July 2015: AED 325,000 a yearNew contract, July 2016: AED 310,000 a yearRenewal, July 2017: AED 290,000 a yearNew contract, July 2018: AED 265,000 a yearRenewal, July 2019: AED 255,000 a yearRenewal, July 2020: AED 238,000 a yearRenewal, July 2021: AED 238,000 a yearNew contract, July 2022: AED 300,000 a yearRenewal, July 2024: AED 400,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Alvorada 2, and where V053 sits

All 22 5-beds →

V053 last sold in November 2009 at AED 616 per sqft, in line with what five-beds in Alvorada 2 were fetching at the time (AED 616).

Recent 5-bed salesVilla no.Price (AED)Summary
11 Sep 202513,350,000
24 Jun 202512,300,000
22 May 202512,250,000
2 Jun 20238,250,000
0 5-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 →

V053, Alvorada 2 in numbers

  • Sold once: by Emaar on 18 November 2009 for AED 3,127,888, or AED 616 per sqft.
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 310,000 to AED 238,000 in 2021 and recovered to AED 400,000 by July 2024.
  • At AED 400,000 a year the gross yield on the 2009 price is 12.8%, before a service charge of about AED 12,700 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about V053, Alvorada 2

What did villa V053 last sell for?

AED 3,127,888 on 18 November 2009, sold by the developer: AED 616 per sqft for 5,072 sqft. It is the only registered sale of the villa.

What is the rent for villa V053?

AED 400,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2022, was AED 300,000; the villa has been rented since July 2013.

How big is villa V053?

5,072 sqft (471.2 sqm): a five-bedroom villa in Alvorada 2, completed in 2008.

What is villa V053 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V053, Alvorada 2

Starts from the last sale price (AED 3.13M, 18 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,127,888
Deposit, UAE resident (20%)
AED 625,578
Deposit, non-resident (40%)
AED 1,251,155
Monthly over 25 years at 3.7%
AED 12,797

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