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5-bed · 4,652 sqftAlvorada 3, Arabian Ranches · completed 2008

V041, Alvorada 3

Sold prices and rental history: sold 5 times, last in February 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V041 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 8.8M7 February 2023
Current rentAED 621K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V041, Alvorada 3

What is V041 worth today?

Last sold for AED 8,800,000 in 2023

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1 Jul 2024RentedRenewal
AED 621,429/yr14 months · AED 134 per sqft
1 Jul 2023RentedNew contract
AED 725,000/yr12 months · AED 156 per sqft
7 Feb 2023SoldReady
AED 8,800,000AED 1,891 per sqft
15 Sep 2021RentedNew contract
AED 220,500/yr12 months · AED 47 per sqft
28 Apr 2021SoldReady
AED 4,875,000AED 1,047 per sqft
15 Sep 2020RentedNew contract
AED 210,000/yr12 months · AED 45 per sqft
1 Jul 2019RentedRenewal
AED 240,000/yr12 months · AED 52 per sqft
1 Jul 2018RentedNew contract
AED 240,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
5-bed villa
Size
4,652 sqft
Developer
Emaar
Completed
2008
Service charge
AED 11,600 /yr
Last sold
AED 8.8M · February 2023
Community
Alvorada 3

About V041, Alvorada 3

V041 is a five-bedroom villa of 4,652 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 7 February 2023 for AED 8,800,000, or AED 1,891 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 621,429 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for V041 over time

Sales
Villa V041, each saleTypical five-bed in Alvorada 3
5M10M2008201220162020Typical 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 7,200,000 (AED 1,547 per sqft)Sold, July 2008: AED 3,105,888 (AED 667 per sqft)Sold, June 2012: AED 4,650,000 (AED 999 per sqft)Sold, April 2021: AED 4,875,000 (AED 1,047 per sqft)Sold, February 2023: AED 8,800,000 (AED 1,891 per sqft)

V041 has sold 5 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V041, each contractTypical five-bed in Alvorada 3
250K500K750K2012201620202024Typical 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, July 2015: AED 345,000 a yearRenewal, July 2016: AED 340,000 a yearRenewal, July 2017: AED 340,000 a yearNew contract, July 2018: AED 240,000 a yearRenewal, July 2019: AED 240,000 a yearNew contract, September 2020: AED 210,000 a yearNew contract, September 2021: AED 220,500 a yearNew contract, July 2023: AED 725,000 a yearRenewal, July 2024: AED 621,429 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 V041 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
18 Mar 20226,450,000
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 →

V041, Alvorada 3 in numbers

  • Sold 5 times: first on 29 July 2008 for AED 3,105,888, last on 7 February 2023 for AED 8,800,000 (AED 1,891 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 345,000 to AED 210,000 in 2020 and recovered to AED 621,429 by July 2024.
  • At AED 621,429 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 11,600 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 1 July 2024.

Questions about V041, Alvorada 3

What did villa V041 last sell for?

AED 8,800,000 on 7 February 2023: AED 1,891 per sqft for 4,652 sqft. The villa has 5 registered sales; the first was AED 3,105,888 in July 2008.

What is the rent for villa V041?

AED 621,429 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 725,000; the villa has been rented since July 2015.

How big is villa V041?

4,652 sqft (432.2 sqm): a five-bedroom villa in Alvorada 3, completed in 2008.

What is villa V041 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 V041, Alvorada 3

Starts from the last sale price (AED 8.8M, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,800,000
Deposit, UAE resident (20%)
AED 1,760,000
Deposit, non-resident (40%)
AED 3,520,000
Monthly over 25 years at 3.7%
AED 36,004

Plus AED 374,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →