4-bed · 4,229 sqftAlvorada 2, Arabian Ranches · completed 2008

V055, Alvorada 2

Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V055 · DLD and Ejari recordsUpdated 2 May 2019
Last soldAED 3.5M2 May 2019
Current rentAED 247K /yr19 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V055, Alvorada 2

What is V055 worth today?

Last sold for AED 3,500,000 in 2019

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2 May 2019SoldReady
AED 3,500,000AED 827 per sqft
19 Sep 2018RentedRenewal
AED 247,200/yr12 months · AED 58 per sqft
19 Sep 2017RentedRenewal
AED 247,000/yr12 months · AED 58 per sqft
19 Sep 2016RentedNew contract
AED 240,000/yr12 months · AED 57 per sqft
24 Jul 2015RentedNew contract
AED 300,000/yr12 months · AED 71 per sqft
25 Nov 2008Sold by developerReady
AED 1,254,944AED 296 per sqft

Source: Dubai Land Department. Updated 2 May 2019.

Key facts

Type
4-bed villa
Size
4,229 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 3.5M · May 2019
Community
Alvorada 2

About V055, Alvorada 2

V055 is a four-bedroom villa of 4,229 sqft in Alvorada 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 2 May 2019 for AED 3,500,000, or AED 827 per sqft.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 19 September 2018, is AED 247,200 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for V055 over time

Sales
Villa V055, each saleTypical four-bed in Alvorada 2
2.5M5M7.5M20082012201620202024Typical 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, November 2008: AED 1,254,944 (AED 296 per sqft)Sold, May 2019: AED 3,500,000 (AED 827 per sqft)

V055 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V055, 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, July 2015: AED 300,000 a yearNew contract, September 2016: AED 240,000 a yearRenewal, September 2017: AED 247,000 a yearRenewal, September 2018: AED 247,200 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 V055 sits

All 51 4-beds →

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 →

V055, Alvorada 2 in numbers

  • Sold twice: first on 25 November 2008 for AED 1,254,944, last on 2 May 2019 for AED 3,500,000 (AED 827 per sqft).
  • Rented since July 2015 on 4 Ejari contracts, from AED 300,000 to AED 247,200 a year.
  • At AED 247,200 a year the gross yield on the 2019 price is 7.1%, 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 2 May 2019.

Questions about V055, Alvorada 2

What did villa V055 last sell for?

AED 3,500,000 on 2 May 2019: AED 827 per sqft for 4,229 sqft. The villa has 2 registered sales; the first was AED 1,254,944 in November 2008.

What is the rent for villa V055?

AED 247,200 a year on the contract renewed on 19 September 2018. The previous contract, from September 2017, was AED 247,000; the villa has been rented since July 2015.

How big is villa V055?

4,229 sqft (392.9 sqm): a four-bedroom villa in Alvorada 2, completed in 2008.

What is villa V055 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 V055, Alvorada 2

Starts from the last sale price (AED 3.5M, 2 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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