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

V022, Alvorada 3

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V022 · DLD and Ejari recordsUpdated 12 February 2023
Last soldAED 2.49M2 January 2013
Current rentAED 204K /yr12 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V022, Alvorada 3

What is V022 worth today?

Last sold for AED 2,491,888 in 2013

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12 Feb 2023RentedRenewal
AED 203,500/yr12 months · AED 54 per sqft
12 Feb 2022RentedRenewal
AED 185,000/yr12 months · AED 49 per sqft
12 Feb 2021RentedRenewal
AED 185,000/yr12 months · AED 49 per sqft
16 May 2018RentedRenewal
AED 250,000/yr12 months · AED 66 per sqft
16 May 2017RentedRenewal
AED 273,000/yr12 months · AED 72 per sqft
16 May 2016RentedRenewal
AED 273,000/yr12 months · AED 72 per sqft
16 May 2015RentedNew contract
AED 273,000/yr12 months · AED 72 per sqft
16 May 2014RentedNew contract
AED 260,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 12 February 2023.

Key facts

Type
3-bed villa
Size
3,778 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 2.49M · January 2013
Community
Alvorada 3

About V022, Alvorada 3

V022 is a three-bedroom villa of 3,778 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 2 January 2013 for AED 2,491,888, or AED 659 per sqft, 18% below the AED 802 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 12 February 2023, is AED 203,500 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 9,400 a year.

Sales and rents for V022 over time

Sales
Villa V022, 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, January 2013: AED 2,491,888 (AED 659 per sqft)

V022 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V022, 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, May 2014: AED 260,000 a yearNew contract, May 2015: AED 273,000 a yearRenewal, May 2016: AED 273,000 a yearRenewal, May 2017: AED 273,000 a yearRenewal, May 2018: AED 250,000 a yearRenewal, February 2021: AED 185,000 a yearRenewal, February 2022: AED 185,000 a yearRenewal, February 2023: AED 203,500 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 V022 sits

All 20 3-beds →

V022 last sold in January 2013 at AED 659 per sqft, 18% below what three-beds in Alvorada 3 were fetching at the time (AED 802).

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 →

V022, Alvorada 3 in numbers

  • Sold once: by Emaar on 2 January 2013 for AED 2,491,888, or AED 659 per sqft.
  • Rented since May 2014 on 8 Ejari contracts, from AED 260,000 to AED 203,500 a year.
  • At AED 203,500 a year the gross yield on the 2013 price is 8.2%, before a service charge of about AED 9,400 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 12 February 2023.

Questions about V022, Alvorada 3

What did villa V022 last sell for?

AED 2,491,888 on 2 January 2013, sold by the developer: AED 659 per sqft for 3,778 sqft. It is the only registered sale of the villa.

What is the rent for villa V022?

AED 203,500 a year on the contract renewed on 12 February 2023. The previous contract, from February 2022, was AED 185,000; the villa has been rented since May 2014.

How big is villa V022?

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

What is villa V022 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 V022, Alvorada 3

Starts from the last sale price (AED 2.49M, 2 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,491,888
Deposit, UAE resident (20%)
AED 498,378
Deposit, non-resident (40%)
AED 996,755
Monthly over 25 years at 3.7%
AED 10,195

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