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

V063, Alvorada 2

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V063 · DLD and Ejari recordsUpdated 18 May 2022
Last soldAED 3.85M25 July 2011
Current rentAED 242K /yr18 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V063, Alvorada 2

What is V063 worth today?

Last sold for AED 3,850,000 in 2011

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18 May 2022RentedRenewal
AED 242,000/yr12 months · AED 57 per sqft
18 May 2021RentedRenewal
AED 220,000/yr12 months · AED 52 per sqft
18 May 2020RentedNew contract
AED 210,000/yr12 months · AED 50 per sqft
1 Jan 2020RentedRenewal
AED 250,000/yr12 months · AED 59 per sqft
20 Apr 2019RentedRenewal
AED 250,875/yr8 months · AED 59 per sqft
20 Apr 2018RentedNew contract
AED 250,000/yr12 months · AED 59 per sqft
25 Jul 2011SoldReady
AED 3,850,000AED 910 per sqft
7 Sep 2008Sold by developerReady
AED 3,258,888AED 770 per sqft

Source: Dubai Land Department. Updated 18 May 2022.

Key facts

Type
4-bed villa
Size
4,229 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 3.85M · July 2011
Community
Alvorada 2

About V063, Alvorada 2

V063 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 25 July 2011 for AED 3,850,000, or AED 910 per sqft, 40% above the AED 650 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 18 May 2022, is AED 242,000 a year: a gross yield of 6.3% on the 2011 price, before the service charge of about AED 10,600 a year.

Sales and rents for V063 over time

Sales
Villa V063, 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 3,258,888 (AED 770 per sqft)Sold, July 2011: AED 3,850,000 (AED 910 per sqft)

V063 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V063, 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, April 2018: AED 250,000 a yearRenewal, April 2019: AED 250,875 a yearRenewal, January 2020: AED 250,000 a yearNew contract, May 2020: AED 210,000 a yearRenewal, May 2021: AED 220,000 a yearRenewal, May 2022: AED 242,000 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 V063 sits

All 51 4-beds →

V063 last sold in July 2011 at AED 910 per sqft, 40% above what four-beds in Alvorada 2 were fetching at the time (AED 650). 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 →

V063, Alvorada 2 in numbers

  • Sold twice: first on 7 September 2008 for AED 3,258,888, last on 25 July 2011 for AED 3,850,000 (AED 910 per sqft).
  • Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 250,000 to AED 210,000 in 2020 and recovered to AED 242,000 by May 2022.
  • At AED 242,000 a year the gross yield on the 2011 price is 6.3%, 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 18 May 2022.

Questions about V063, Alvorada 2

What did villa V063 last sell for?

AED 3,850,000 on 25 July 2011: AED 910 per sqft for 4,229 sqft. The villa has 2 registered sales; the first was AED 3,258,888 in September 2008.

What is the rent for villa V063?

AED 242,000 a year on the contract renewed on 18 May 2022. The previous contract, from May 2021, was AED 220,000; the villa has been rented since April 2018.

How big is villa V063?

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

What is villa V063 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 V063, Alvorada 2

Starts from the last sale price (AED 3.85M, 25 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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