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

V078, Alvorada 2

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

Villa V078 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 3.27M5 February 2012
Current rentAED 260K /yr28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V078, Alvorada 2

What is V078 worth today?

Last sold for AED 3,265,000 in 2012

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28 Apr 2023RentedRenewal
AED 260,000/yr12 months · AED 69 per sqft
2 Nov 2021RentedNew contract
AED 260,000/yr12 months · AED 69 per sqft
1 Aug 2021RentedRenewal
AED 183,000/yr12 months · AED 48 per sqft
1 Aug 2019RentedNew contract
AED 195,000/yr12 months · AED 52 per sqft
17 Aug 2018RentedNew contract
AED 205,000/yr12 months · AED 54 per sqft
1 Jun 2017RentedRenewal
AED 260,000/yr12 months · AED 69 per sqft
1 Jun 2016RentedRenewal
AED 265,000/yr12 months · AED 70 per sqft
5 Feb 2012SoldReady
AED 3,265,000AED 864 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
3-bed villa
Size
3,778 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 3.27M · February 2012
Community
Alvorada 2

About V078, Alvorada 2

V078 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 5 February 2012 for AED 3,265,000, or AED 864 per sqft, 120% above the AED 392 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 28 April 2023, is AED 260,000 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 9,400 a year.

Sales and rents for V078 over time

Sales
Villa V078, 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, November 2008: AED 2,321,888 (AED 614 per sqft)Sold, February 2012: AED 3,265,000 (AED 864 per sqft)

V078 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V078, 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 340,000Renewal, June 2016: AED 265,000 a yearRenewal, June 2017: AED 260,000 a yearNew contract, August 2018: AED 205,000 a yearNew contract, August 2019: AED 195,000 a yearRenewal, August 2021: AED 183,000 a yearNew contract, November 2021: AED 260,000 a yearRenewal, April 2023: AED 260,000 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 V078 sits

All 37 3-beds →

V078 last sold in February 2012 at AED 864 per sqft, 120% above what three-beds in Alvorada 2 were fetching at the time (AED 392). 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 →

V078, Alvorada 2 in numbers

  • Sold twice: first on 26 November 2008 for AED 2,321,888, last on 5 February 2012 for AED 3,265,000 (AED 864 per sqft).
  • Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 265,000 to AED 183,000 in 2021 and recovered to AED 260,000 by April 2023.
  • At AED 260,000 a year the gross yield on the 2012 price is 8.0%, 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 28 April 2023.

Questions about V078, Alvorada 2

What did villa V078 last sell for?

AED 3,265,000 on 5 February 2012: AED 864 per sqft for 3,778 sqft. The villa has 2 registered sales; the first was AED 2,321,888 in November 2008.

What is the rent for villa V078?

AED 260,000 a year on the contract renewed on 28 April 2023. The previous contract, from November 2021, was AED 260,000; the villa has been rented since June 2016.

How big is villa V078?

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

What is villa V078 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 V078, Alvorada 2

Starts from the last sale price (AED 3.27M, 5 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,265,000
Deposit, UAE resident (20%)
AED 653,000
Deposit, non-resident (40%)
AED 1,306,000
Monthly over 25 years at 3.7%
AED 13,358

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