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

V046, Alvorada 3

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V046 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 1.48M19 May 2009
Current rentAED 374K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V046, Alvorada 3

What is V046 worth today?

Last sold for AED 1,479,944 in 2009

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10 Nov 2024RentedRenewal
AED 374,000/yr24 months · AED 80 per sqft
10 Nov 2022RentedRenewal
AED 340,000/yr24 months · AED 73 per sqft
10 Nov 2021RentedNew contract
AED 330,000/yr12 months · AED 71 per sqft
3 Sep 2020RentedRenewal
AED 230,000/yr3 months · AED 49 per sqft
3 Sep 2019RentedNew contract
AED 230,000/yr12 months · AED 49 per sqft
2 Jun 2019RentedRenewal
AED 285,000/yr3 months · AED 61 per sqft
2 Jun 2018RentedRenewal
AED 285,000/yr12 months · AED 61 per sqft
2 Jun 2017RentedRenewal
AED 295,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
5-bed villa
Size
4,652 sqft
Developer
Emaar
Completed
2008
Service charge
AED 11,600 /yr
Last sold
AED 1.48M · May 2009
Community
Alvorada 3

About V046, Alvorada 3

V046 is a five-bedroom villa of 4,652 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 19 May 2009 for AED 1,479,944, or AED 318 per sqft, 55% below the AED 711 five-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 13 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 374,000 a year: a gross yield of 25.3% on the 2009 price, before the service charge of about AED 11,600 a year.

Sales and rents for V046 over time

Sales
Villa V046, each saleTypical five-bed in Alvorada 3
2M4M200820102012Typical 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, May 2009: AED 1,479,944 (AED 318 per sqft)

V046 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V046, each contractTypical five-bed in Alvorada 3
200K400K2011201520192023Typical 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, October 2011: AED 300,000 a yearNew contract, March 2013: AED 310,000 a yearNew contract, March 2014: AED 310,000 a yearNew contract, March 2015: AED 310,000 a yearNew contract, June 2016: AED 295,000 a yearRenewal, June 2017: AED 295,000 a yearRenewal, June 2018: AED 285,000 a yearRenewal, June 2019: AED 285,000 a yearNew contract, September 2019: AED 230,000 a yearRenewal, September 2020: AED 230,000 a yearNew contract, November 2021: AED 330,000 a yearRenewal, November 2022: AED 340,000 a yearRenewal, November 2024: AED 374,000 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 V046 sits

All 16 5-beds →

V046 last sold in May 2009 at AED 318 per sqft, 55% below what five-beds in Alvorada 3 were fetching at the time (AED 711). 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 →

V046, Alvorada 3 in numbers

  • Sold once: by Emaar on 19 May 2009 for AED 1,479,944, or AED 318 per sqft.
  • Rented since October 2011 on 13 Ejari contracts. The rent fell from AED 300,000 to AED 230,000 in 2020 and recovered to AED 374,000 by November 2024.
  • At AED 374,000 a year the gross yield on the 2009 price is 25.3%, 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 10 November 2024.

Questions about V046, Alvorada 3

What did villa V046 last sell for?

AED 1,479,944 on 19 May 2009, sold by the developer: AED 318 per sqft for 4,652 sqft. It is the only registered sale of the villa.

What is the rent for villa V046?

AED 374,000 a year on the contract renewed on 10 November 2024. The previous contract, from November 2022, was AED 340,000; the villa has been rented since October 2011.

How big is villa V046?

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

What is villa V046 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 V046, Alvorada 3

Starts from the last sale price (AED 1.48M, 19 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,479,944
Deposit, UAE resident (20%)
AED 295,989
Deposit, non-resident (40%)
AED 591,978
Monthly over 25 years at 3.7%
AED 6,055

Plus AED 67,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →