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

V038, Alvorada 3

Sold prices and rental history: sold 4 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V038 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 14.5M11 April 2025
Current rentAED 225K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V038, Alvorada 3

What is V038 worth today?

Last sold for AED 14,500,000 in 2025

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11 Apr 2025SoldReady
AED 14,500,000AED 3,849 per sqft
7 Jun 2024SoldReady
AED 7,275,000AED 1,931 per sqft
8 Aug 2023SoldReady
AED 6,300,000AED 1,672 per sqft
1 Apr 2023RentedRenewal
AED 225,000/yr12 months · AED 60 per sqft
9 May 2022RentedRenewal
AED 213,859/yr11 months · AED 57 per sqft
9 May 2021RentedRenewal
AED 206,000/yr12 months · AED 55 per sqft
9 May 2020RentedRenewal
AED 206,000/yr12 months · AED 55 per sqft
9 May 2019RentedNew contract
AED 206,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 11 April 2025.

Key facts

Type
3-bed villa
Size
3,767 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,400 /yr
Last sold
AED 14.5M · April 2025
Community
Alvorada 3

About V038, Alvorada 3

V038 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 11 April 2025 for AED 14,500,000, or AED 3,849 per sqft, 39% above the AED 2,762 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 1 April 2023, is AED 225,000 a year: a gross yield of 1.6% on the 2025 price, before the service charge of about AED 9,400 a year.

Sales and rents for V038 over time

Sales
Villa V038, each saleTypical three-bed in Alvorada 3
10M2008201320182023Typical 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, March 2009: AED 2,529,888 (AED 671 per sqft)Sold, August 2023: AED 6,300,000 (AED 1,672 per sqft)Sold, June 2024: AED 7,275,000 (AED 1,931 per sqft)Sold, April 2025: AED 14,500,000 (AED 3,849 per sqft)

V038 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V038, 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, September 2014: AED 240,000 a yearRenewal, September 2015: AED 240,000 a yearRenewal, September 2016: AED 245,000 a yearNew contract, May 2019: AED 206,000 a yearRenewal, May 2020: AED 206,000 a yearRenewal, May 2021: AED 206,000 a yearRenewal, May 2022: AED 213,859 a yearRenewal, April 2023: AED 225,000 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 3, and where V038 sits

All 20 3-beds →

V038 last sold in April 2025 at AED 3,849 per sqft, 39% above what three-beds in Alvorada 3 were fetching at the time (AED 2,762).

Recent 3-bed salesVilla no.Price (AED)Summary
5 Nov 202515,800,000
31 Oct 202511,250,000
4 Aug 20259,100,000
25 Nov 20247,800,000
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 →

V038, Alvorada 3 in numbers

  • Sold 4 times: first on 31 March 2009 for AED 2,529,888, last on 11 April 2025 for AED 14,500,000 (AED 3,849 per sqft).
  • Rented since September 2014 on 8 Ejari contracts, from AED 240,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2025 price is 1.6%, before a service charge of about AED 9,400 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 11 April 2025.

Questions about V038, Alvorada 3

What did villa V038 last sell for?

AED 14,500,000 on 11 April 2025: AED 3,849 per sqft for 3,767 sqft. The villa has 4 registered sales; the first was AED 2,529,888 in March 2009.

What is the rent for villa V038?

AED 225,000 a year on the contract renewed on 1 April 2023. The previous contract, from May 2022, was AED 213,859; the villa has been rented since September 2014.

How big is villa V038?

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

What is villa V038 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 V038, Alvorada 3

Starts from the last sale price (AED 14.5M, 11 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 14,500,000
Deposit, UAE resident (20%)
AED 2,900,000
Deposit, non-resident (40%)
AED 5,800,000
Monthly over 25 years at 3.7%
AED 59,324

Plus AED 614,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →