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5-bed · 4,652 sqftAlvorada 3, Arabian Ranches · completed 2008

V008, Alvorada 3

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V008 · DLD and Ejari recordsUpdated 30 November 2020
Last soldAED 4.13M30 November 2020
Current rentAED 145K /yr11 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V008, Alvorada 3

What is V008 worth today?

Last sold for AED 4,125,000 in 2020

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30 Nov 2020SoldReady
AED 4,125,000AED 886 per sqft
1 Oct 2020SoldReady
AED 4,300,000AED 924 per sqft
11 Jun 2020RentedRenewal
AED 144,667/yr1 months · AED 31 per sqft
11 Jun 2019RentedRenewal
AED 225,500/yr12 months · AED 48 per sqft
19 Jan 2018RentedNew contract
AED 198,930/yr12 months · AED 43 per sqft
5 May 2016RentedNew contract
AED 280,000/yr12 months · AED 60 per sqft
10 Feb 2016RentedNew contract
AED 250,000/yr12 months · AED 54 per sqft
10 Feb 2016RentedNew contract
AED 250,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 30 November 2020.

Key facts

Type
5-bed villa
Size
4,652 sqft
Developer
Emaar
Completed
2008
Service charge
AED 11,600 /yr
Last sold
AED 4.13M · November 2020
Community
Alvorada 3

About V008, Alvorada 3

V008 is a five-bedroom villa of 4,652 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 30 November 2020 for AED 4,125,000, or AED 886 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 11 June 2020, is AED 144,667 a year: a gross yield of 3.5% on the 2020 price, before the service charge of about AED 11,600 a year.

Sales and rents for V008 over time

Sales
Villa V008, each saleTypical five-bed in Alvorada 3
2M4M2008201220162020Typical sale price by year: 2008 AED 3,900,000; 2009 AED 1,726,444; 2010 AED 3,438,388; 2012 AED 4,650,000Sold by developer, July 2010: AED 3,239,888 (AED 696 per sqft)Sold, October 2020: AED 4,300,000 (AED 924 per sqft)Sold, November 2020: AED 4,125,000 (AED 886 per sqft)

V008 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V008, each contractTypical five-bed in Alvorada 3
200K400K2012201620202024Typical rent by year: 2012 AED 300,000; 2013 AED 312,252; 2014 AED 316,866; 2015 AED 315,000; 2016 AED 295,000; 2017 AED 340,000; 2018 AED 240,000; 2019 AED 240,000; 2020 AED 220,000; 2021 AED 240,000; 2022 AED 272,000; 2023 AED 294,500; 2024 AED 400,000; 2025 AED 460,000New contract, August 2013: AED 325,000 a yearNew contract, August 2014: AED 341,250 a yearNew contract, February 2016: AED 250,000 a yearNew contract, February 2016: AED 250,000 a yearNew contract, May 2016: AED 280,000 a yearNew contract, January 2018: AED 198,930 a yearRenewal, June 2019: AED 225,500 a yearRenewal, June 2020: AED 144,667 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Alvorada 3, and where V008 sits

All 16 5-beds →

Over the last 12 months five-beds sold for AED 16,500,000, around AED 3,252 per sqft, and rent for AED 460,000 to 460,000 a year.

Recent 5-bed salesVilla no.Price (AED)Summary
19 Jan 202616,500,000
15 Oct 202512,000,000
4 Jul 20249,575,000
7 Feb 20238,800,000
1 5-bed sale in the last 12 months

Alvorada 3

Community

61 villas, 3-bed to 5-bed in Arabian Ranches, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 3,252
Typical sale
AED 16.5M
Typical rent
AED 385K /yr
Typical yield
2.8%
Alvorada 3, Arabian Ranches: prices, sales and rents →

V008, Alvorada 3 in numbers

  • Sold 3 times: first on 13 July 2010 for AED 3,239,888, last on 30 November 2020 for AED 4,125,000 (AED 886 per sqft).
  • Rented since August 2013 on 8 Ejari contracts, from AED 325,000 to AED 144,667 a year.
  • At AED 144,667 a year the gross yield on the 2020 price is 3.5%, before a service charge of about AED 11,600 a year (AED 2.50 per sqft).
  • Five-beds in Alvorada 3 sold for AED 16,500,000–16,500,000 in the 12 months to November 2026; the community's median across all types is AED 3,252 per sqft.

Source: Dubai Land Department. Updated 30 November 2020.

Questions about V008, Alvorada 3

What did villa V008 last sell for?

AED 4,125,000 on 30 November 2020: AED 886 per sqft for 4,652 sqft. The villa has 3 registered sales; the first was AED 3,239,888 in July 2010.

What is the rent for villa V008?

AED 144,667 a year on the contract renewed on 11 June 2020. The previous contract, from June 2019, was AED 225,500; the villa has been rented since August 2013.

How big is villa V008?

4,652 sqft (432.2 sqm): a five-bedroom villa in Alvorada 3, completed in 2008.

What is villa V008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Alvorada 3 sold for AED 16,500,000 to 16,500,000 in the last 12 months, around AED 3,252 per sqft.

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Mortgage on V008, Alvorada 3

Starts from the last sale price (AED 4.13M, 30 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,125,000
Deposit, UAE resident (20%)
AED 825,000
Deposit, non-resident (40%)
AED 1,650,000
Monthly over 25 years at 3.7%
AED 16,877

Plus AED 178,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →