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5-bed · 5,072 sqftAlvorada 3, Arabian Ranches · completed 2008

V029, Alvorada 3

Sold prices and rental history: sold 5 times, last in December 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V029 · DLD and Ejari recordsUpdated 6 December 2017
Last soldAED 4.98M6 December 2017
Current rentAED 314K /yr15 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V029, Alvorada 3

What is V029 worth today?

Last sold for AED 4,975,000 in 2017

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6 Dec 2017SoldReady
AED 4,975,000AED 980 per sqft
14 May 2015SoldReady
AED 5,950,000AED 1,173 per sqft
15 Dec 2014RentedRenewal
AED 313,731/yr10 months · AED 62 per sqft
15 Dec 2013RentedNew contract
AED 300,000/yr12 months · AED 59 per sqft
17 Dec 2012SoldReady
AED 5,300,000AED 1,044 per sqft
15 Dec 2012RentedNew contract
AED 300,000/yr12 months · AED 59 per sqft
20 Jul 2008Sold by developerReady
AED 3,900,000AED 768 per sqft
20 Jul 2008SoldReady
AED 4,587,888AED 904 per sqft

Source: Dubai Land Department. Updated 6 December 2017.

Key facts

Type
5-bed villa
Size
5,072 sqft
Developer
Emaar
Completed
2008
Service charge
AED 12,700 /yr
Last sold
AED 4.98M · December 2017
Community
Alvorada 3

About V029, Alvorada 3

V029 is a five-bedroom villa of 5,072 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 6 December 2017 for AED 4,975,000, or AED 980 per sqft.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 15 December 2014, is AED 313,731 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 12,700 a year.

Sales and rents for V029 over time

Sales
Villa V029, each saleTypical five-bed in Alvorada 3
2M4M6M2008201120142017Typical 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 2008: AED 3,900,000 (AED 768 per sqft)Sold, July 2008: AED 4,587,888 (AED 904 per sqft)Sold, December 2012: AED 5,300,000 (AED 1,044 per sqft)Sold, May 2015: AED 5,950,000 (AED 1,173 per sqft)Sold, December 2017: AED 4,975,000 (AED 980 per sqft)

V029 has sold 5 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V029, 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, December 2012: AED 300,000 a yearNew contract, December 2013: AED 300,000 a yearRenewal, December 2014: AED 313,731 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 V029 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 →

V029, Alvorada 3 in numbers

  • Sold 5 times: first on 20 July 2008 for AED 4,587,888, last on 6 December 2017 for AED 4,975,000 (AED 980 per sqft).
  • Rented since December 2012 on 3 Ejari contracts, from AED 300,000 to AED 313,731 a year.
  • At AED 313,731 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 12,700 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 6 December 2017.

Questions about V029, Alvorada 3

What did villa V029 last sell for?

AED 4,975,000 on 6 December 2017: AED 980 per sqft for 5,072 sqft. The villa has 5 registered sales; the first was AED 4,587,888 in July 2008.

What is the rent for villa V029?

AED 313,731 a year on the contract renewed on 15 December 2014. The previous contract, from December 2013, was AED 300,000; the villa has been rented since December 2012.

How big is villa V029?

5,072 sqft (471.2 sqm): a five-bedroom villa in Alvorada 3, completed in 2008.

What is villa V029 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 V029, Alvorada 3

Starts from the last sale price (AED 4.98M, 6 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,975,000
Deposit, UAE resident (20%)
AED 995,000
Deposit, non-resident (40%)
AED 1,990,000
Monthly over 25 years at 3.7%
AED 20,354

Plus AED 213,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →