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3-bed · 3,767 sqftAlvorada 3, Arabian Ranches · completed 2008

V016, Alvorada 3

Sold prices and rental history: sold 5 times, last in August 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V016 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 4.2M28 August 2012
Current rentAED 215K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V016, Alvorada 3

What is V016 worth today?

Last sold for AED 4,200,000 in 2012

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10 Jan 2023RentedRenewal
AED 215,050/yr12 months · AED 57 per sqft
10 Jan 2022RentedRenewal
AED 195,500/yr12 months · AED 52 per sqft
10 Jul 2020RentedRenewal
AED 159,000/yr12 months · AED 42 per sqft
10 Jul 2019RentedRenewal
AED 200,000/yr12 months · AED 53 per sqft
10 Jul 2018RentedRenewal
AED 220,000/yr12 months · AED 58 per sqft
10 Jan 2016RentedRenewal
AED 270,000/yr12 months · AED 72 per sqft
10 Jan 2015RentedNew contract
AED 280,000/yr12 months · AED 74 per sqft
8 Jan 2014RentedNew contract
AED 280,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
3-bed villa
Size
3,767 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 4.2M · August 2012
Community
Alvorada 3

About V016, Alvorada 3

V016 is a three-bedroom villa of 3,767 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 28 August 2012 for AED 4,200,000, or AED 1,115 per sqft, 24% above the AED 900 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 215,050 a year: a gross yield of 5.1% on the 2012 price, before the service charge of about AED 9,400 a year.

Sales and rents for V016 over time

Sales
Villa V016, each saleTypical three-bed in Alvorada 3
5M10M2008201320182023Typical sale price by year: 2008 AED 2,431,888; 2009 AED 2,431,888; 2010 AED 2,480,888; 2011 AED 2,480,888; 2012 AED 3,400,000; 2023 AED 5,325,000; 2024 AED 9,775,000; 2025 AED 11,250,000Sold by developer, August 2008: AED 5,850,000 (AED 1,553 per sqft)Sold, August 2008: AED 2,431,888 (AED 645 per sqft)Sold, April 2010: AED 3,485,000 (AED 925 per sqft)Sold, July 2012: AED 3,780,000 (AED 1,003 per sqft)Sold, August 2012: AED 4,200,000 (AED 1,115 per sqft)

V016 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V016, each contractTypical three-bed in Alvorada 3
200K300K2012201620202024Typical rent by year: 2012 AED 240,000; 2013 AED 235,000; 2014 AED 250,875; 2015 AED 265,000; 2016 AED 250,000; 2017 AED 230,000; 2018 AED 220,000; 2019 AED 202,500; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 206,930; 2023 AED 235,000; 2024 AED 302,500; 2025 AED 340,000New contract, January 2014: AED 280,000 a yearNew contract, January 2015: AED 280,000 a yearRenewal, January 2016: AED 270,000 a yearRenewal, July 2018: AED 220,000 a yearRenewal, July 2019: AED 200,000 a yearRenewal, July 2020: AED 159,000 a yearRenewal, January 2022: AED 195,500 a yearRenewal, January 2023: AED 215,050 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 3, and where V016 sits

All 20 3-beds →

V016 last sold in August 2012 at AED 1,115 per sqft, 24% above what three-beds in Alvorada 3 were fetching at the time (AED 900).

Recent 3-bed salesVilla no.Price (AED)Summary
5 Nov 202515,800,000
31 Oct 202511,250,000
4 Aug 20259,100,000
11 Apr 202514,500,000
0 3-bed sales 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 →

V016, Alvorada 3 in numbers

  • Sold 5 times: first on 27 August 2008 for AED 2,431,888, last on 28 August 2012 for AED 4,200,000 (AED 1,115 per sqft).
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 280,000 to AED 159,000 in 2020 and recovered to AED 215,050 by January 2023.
  • At AED 215,050 a year the gross yield on the 2012 price is 5.1%, before a service charge of about AED 9,400 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 10 January 2023.

Questions about V016, Alvorada 3

What did villa V016 last sell for?

AED 4,200,000 on 28 August 2012: AED 1,115 per sqft for 3,767 sqft. The villa has 5 registered sales; the first was AED 2,431,888 in August 2008.

What is the rent for villa V016?

AED 215,050 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 195,500; the villa has been rented since January 2014.

How big is villa V016?

3,767 sqft (350.0 sqm): a three-bedroom villa in Alvorada 3, completed in 2008.

What is villa V016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V016, Alvorada 3

Starts from the last sale price (AED 4.2M, 28 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →