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

V057, Alvorada 2

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V057 · DLD and Ejari recordsUpdated 31 August 2016
Last soldAED 4.9M31 August 2016
Current rentAED 300K /yr10 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V057, Alvorada 2

What is V057 worth today?

Last sold for AED 4,900,000 in 2016

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31 Aug 2016SoldReady
AED 4,900,000AED 1,153 per sqft
10 Sep 2015RentedRenewal
AED 300,000/yr12 months · AED 71 per sqft
10 Sep 2014RentedNew contract
AED 300,000/yr12 months · AED 71 per sqft
10 Sep 2013RentedNew contract
AED 280,000/yr12 months · AED 66 per sqft
10 Sep 2012RentedNew contract
AED 280,000/yr12 months · AED 66 per sqft
17 Sep 2008Sold by developerReady
AED 2,884,888AED 679 per sqft

Source: Dubai Land Department. Updated 31 August 2016.

Key facts

Type
4-bed villa
Size
4,248 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 4.9M · August 2016
Community
Alvorada 2

About V057, Alvorada 2

V057 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 31 August 2016 for AED 4,900,000, or AED 1,153 per sqft, in line with the AED 1,147 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 10 September 2015, is AED 300,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 10,600 a year.

Sales and rents for V057 over time

Sales
Villa V057, 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, September 2008: AED 2,884,888 (AED 679 per sqft)Sold, August 2016: AED 4,900,000 (AED 1,153 per sqft)

V057 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V057, 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, September 2012: AED 280,000 a yearNew contract, September 2013: AED 280,000 a yearNew contract, September 2014: AED 300,000 a yearRenewal, September 2015: AED 300,000 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 V057 sits

All 51 4-beds →

V057 last sold in August 2016 at AED 1,153 per sqft, in line with what four-beds in Alvorada 2 were fetching at the time (AED 1,147). 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 →

V057, Alvorada 2 in numbers

  • Sold twice: first on 17 September 2008 for AED 2,884,888, last on 31 August 2016 for AED 4,900,000 (AED 1,153 per sqft).
  • Rented since September 2012 on 4 Ejari contracts, from AED 280,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2016 price is 6.1%, 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 31 August 2016.

Questions about V057, Alvorada 2

What did villa V057 last sell for?

AED 4,900,000 on 31 August 2016: AED 1,153 per sqft for 4,248 sqft. The villa has 2 registered sales; the first was AED 2,884,888 in September 2008.

What is the rent for villa V057?

AED 300,000 a year on the contract renewed on 10 September 2015. The previous contract, from September 2014, was AED 300,000; the villa has been rented since September 2012.

How big is villa V057?

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

What is villa V057 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 V057, Alvorada 2

Starts from the last sale price (AED 4.9M, 31 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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