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

V062, Alvorada 2

Sold prices and rental history: sold twice, last in December 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V062 · DLD and Ejari recordsUpdated 26 December 2019
Last soldAED 3.36M26 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V062, Alvorada 2

What is V062 worth today?

Last sold for AED 3,360,000 in 2019

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26 Dec 2019SoldReady
AED 3,360,000AED 889 per sqft
21 Jun 2009Sold by developerReady
AED 1,206,944AED 319 per sqft

Source: Dubai Land Department. Updated 26 December 2019.

Key facts

Type
3-bed villa
Size
3,778 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 3.36M · December 2019
Community
Alvorada 2

About V062, Alvorada 2

V062 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 26 December 2019 for AED 3,360,000, or AED 889 per sqft, in line with the AED 881 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V062 over time

Sales
Villa V062, 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, June 2009: AED 1,206,944 (AED 319 per sqft)Sold, December 2019: AED 3,360,000 (AED 889 per sqft)

V062 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V062, 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 V062 sits

All 37 3-beds →

V062 last sold in December 2019 at AED 889 per sqft, in line with what three-beds in Alvorada 2 were fetching at the time (AED 881). 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 →

V062, Alvorada 2 in numbers

  • Sold twice: first on 21 June 2009 for AED 1,206,944, last on 26 December 2019 for AED 3,360,000 (AED 889 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 26 December 2019.

Questions about V062, Alvorada 2

What did villa V062 last sell for?

AED 3,360,000 on 26 December 2019: AED 889 per sqft for 3,778 sqft. The villa has 2 registered sales; the first was AED 1,206,944 in June 2009.

How big is villa V062?

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

What is villa V062 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 V062, Alvorada 2

Starts from the last sale price (AED 3.36M, 26 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,360,000
Deposit, UAE resident (20%)
AED 672,000
Deposit, non-resident (40%)
AED 1,344,000
Monthly over 25 years at 3.7%
AED 13,747

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