V040, Alvorada 3
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V040, Alvorada 3
What is V040 worth today?
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Source: Dubai Land Department. Updated 22 February 2024.
Key facts
- Type
- 3-bed villa
- Size
- 3,778 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,400 /yr
- Last sold
- AED 2.29M · March 2009
- Community
- Alvorada 3
About V040, Alvorada 3
V040 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 18 March 2009 for AED 2,293,888, or AED 607 per sqft, 6% below the AED 643 three-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 22 February 2024, is AED 300,000 a year: a gross yield of 13.1% on the 2009 price, before the service charge of about AED 9,400 a year.
Sales and rents for V040 over time
V040 has sold once; the dashed line is the three-bed median of each year in the community.
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 V040 sits
All 20 3-beds →V040 last sold in March 2009 at AED 607 per sqft, 6% below what three-beds in Alvorada 3 were fetching at the time (AED 643).
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Nov 20255 November 2025 | 3,767 sqft | 15,800,000 | 4,194 | ||
| 31 Oct 202531 October 2025 | 3,767 sqft | 11,250,000 | 2,986 | ||
| 4 Aug 20254 August 2025 | 3,767 sqft | 9,100,000 | 2,415 | ||
| 11 Apr 202511 April 2025 | 3,767 sqft | 14,500,000 | 3,849 |
Alvorada 3
Community61 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%
V040, Alvorada 3 in numbers
- Sold once: by Emaar on 18 March 2009 for AED 2,293,888, or AED 607 per sqft.
- Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 215,000 to AED 180,000 in 2020 and recovered to AED 300,000 by February 2024.
- At AED 300,000 a year the gross yield on the 2009 price is 13.1%, before a service charge of about AED 9,400 a year (AED 2.50 per sqft).
Source: Dubai Land Department. Updated 22 February 2024.
Questions about V040, Alvorada 3
What did villa V040 last sell for?
AED 2,293,888 on 18 March 2009, sold by the developer: AED 607 per sqft for 3,778 sqft. It is the only registered sale of the villa.
What is the rent for villa V040?
AED 300,000 a year on the contract renewed on 22 February 2024. The previous contract, from February 2024, was AED 300,000; the villa has been rented since November 2012.
How big is villa V040?
3,778 sqft (351.0 sqm): a three-bedroom villa in Alvorada 3, completed in 2008.
What is villa V040 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 V040, Alvorada 3
Starts from the last sale price (AED 2.29M, 18 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,293,888
- Deposit, UAE resident (20%)
- AED 458,778
- Deposit, non-resident (40%)
- AED 917,555
- Monthly over 25 years at 3.7%
- AED 9,385
Plus AED 101,354 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →