Home
Dubai prices
About
Research
4-bed · 4,229 sqftAlvorada 2, Arabian Ranches · completed 2008

V074, Alvorada 2

Sold prices and rental history: sold twice, last in June 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V074 · DLD and Ejari recordsUpdated 22 June 2017
Last soldAED 4.38M22 June 2017
Current rentAED 260K /yr15 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V074

Property timeline for V074, Alvorada 2

What is V074 worth today?

Last sold for AED 4,375,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Jun 2017SoldReady
AED 4,375,000AED 1,034 per sqft
15 Feb 2016RentedRenewal
AED 260,000/yr12 months · AED 61 per sqft
15 Feb 2015RentedNew contract
AED 260,000/yr12 months · AED 61 per sqft
10 Jul 2013RentedNew contract
AED 225,000/yr12 months · AED 53 per sqft
9 Oct 2012Sold by developerReady
AED 2,664,888AED 630 per sqft

Source: Dubai Land Department. Updated 22 June 2017.

Key facts

Type
4-bed villa
Size
4,229 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 4.38M · June 2017
Community
Alvorada 2

About V074, Alvorada 2

V074 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 22 June 2017 for AED 4,375,000, or AED 1,034 per sqft, in line with the AED 1,034 four-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 February 2016, is AED 260,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 10,600 a year.

Sales and rents for V074 over time

Sales
Villa V074, 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, October 2012: AED 2,664,888 (AED 630 per sqft)Sold, June 2017: AED 4,375,000 (AED 1,034 per sqft)

V074 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V074, 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 2013: AED 225,000 a yearNew contract, February 2015: AED 260,000 a yearRenewal, February 2016: AED 260,000 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 V074 sits

All 51 4-beds →

V074 last sold in June 2017 at AED 1,034 per sqft, in line with what four-beds in Alvorada 2 were fetching at the time (AED 1,034). 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 →

V074, Alvorada 2 in numbers

  • Sold twice: first on 9 October 2012 for AED 2,664,888, last on 22 June 2017 for AED 4,375,000 (AED 1,034 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 225,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2017 price is 5.9%, 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 22 June 2017.

Questions about V074, Alvorada 2

What did villa V074 last sell for?

AED 4,375,000 on 22 June 2017: AED 1,034 per sqft for 4,229 sqft. The villa has 2 registered sales; the first was AED 2,664,888 in October 2012.

What is the rent for villa V074?

AED 260,000 a year on the contract renewed on 15 February 2016. The previous contract, from February 2015, was AED 260,000; the villa has been rented since July 2013.

How big is villa V074?

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

What is villa V074 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.

Selling V074? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V074, Alvorada 2

Starts from the last sale price (AED 4.38M, 22 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,375,000
Deposit, UAE resident (20%)
AED 875,000
Deposit, non-resident (40%)
AED 1,750,000
Monthly over 25 years at 3.7%
AED 17,899

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