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

V060, Alvorada 2

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

Villa V060 · DLD and Ejari recordsUpdated 15 March 2013
Last soldAED 3.95M25 November 2012
Current rentAED 138K /yr15 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V060, Alvorada 2

What is V060 worth today?

Last sold for AED 3,950,000 in 2012

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15 Mar 2013RentedNew contract
AED 137,500/yr8 months · AED 36 per sqft
25 Nov 2012SoldReady
AED 3,950,000AED 1,045 per sqft
15 Mar 2012RentedNew contract
AED 220,000/yr12 months · AED 58 per sqft
22 Oct 2008Sold by developerReady
AED 2,264,888AED 599 per sqft

Source: Dubai Land Department. Updated 15 March 2013.

Key facts

Type
3-bed villa
Size
3,778 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 3.95M · November 2012
Community
Alvorada 2

About V060, Alvorada 2

V060 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 25 November 2012 for AED 3,950,000, or AED 1,045 per sqft, 13% above the AED 922 three-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 March 2013, is AED 137,500 a year: a gross yield of 3.5% on the 2012 price, before the service charge of about AED 9,400 a year.

Sales and rents for V060 over time

Sales
Villa V060, 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, October 2008: AED 2,264,888 (AED 599 per sqft)Sold, November 2012: AED 3,950,000 (AED 1,045 per sqft)

V060 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V060, 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 340,000New contract, March 2012: AED 220,000 a yearNew contract, March 2013: AED 137,500 a year

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 V060 sits

All 37 3-beds →

V060 last sold in November 2012 at AED 1,045 per sqft, 13% above what three-beds in Alvorada 2 were fetching at the time (AED 922). 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 →

V060, Alvorada 2 in numbers

  • Sold twice: first on 22 October 2008 for AED 2,264,888, last on 25 November 2012 for AED 3,950,000 (AED 1,045 per sqft).
  • Rented since March 2012 on 2 Ejari contracts, from AED 220,000 to AED 137,500 a year.
  • At AED 137,500 a year the gross yield on the 2012 price is 3.5%, before a service charge of about AED 9,400 a year (AED 2.50 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 15 March 2013.

Questions about V060, Alvorada 2

What did villa V060 last sell for?

AED 3,950,000 on 25 November 2012: AED 1,045 per sqft for 3,778 sqft. The villa has 2 registered sales; the first was AED 2,264,888 in October 2008.

What is the rent for villa V060?

AED 137,500 a year on the contract signed on 15 March 2013. The previous contract, from March 2012, was AED 220,000.

How big is villa V060?

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

What is villa V060 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 V060, Alvorada 2

Starts from the last sale price (AED 3.95M, 25 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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