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

V056, Alvorada 3

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V056 · DLD and Ejari recordsUpdated 18 March 2022
Last soldAED 6.45M18 March 2022
Current rentAED 240K /yr20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V056, Alvorada 3

What is V056 worth today?

Last sold for AED 6,450,000 in 2022

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18 Mar 2022SoldReady
AED 6,450,000AED 1,386 per sqft
20 Jan 2021RentedNew contract
AED 240,000/yr12 months · AED 52 per sqft
24 Sep 2020RentedNew contract
AED 220,000/yr12 months · AED 47 per sqft
25 Aug 2019RentedNew contract
AED 235,000/yr12 months · AED 51 per sqft
1 Apr 2019RentedRenewal
AED 364,675/yr3 months · AED 78 per sqft
1 Apr 2018RentedRenewal
AED 365,000/yr12 months · AED 78 per sqft
1 Apr 2017RentedRenewal
AED 367,500/yr12 months · AED 79 per sqft
1 Apr 2016RentedRenewal
AED 350,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 18 March 2022.

Key facts

Type
5-bed villa
Size
4,652 sqft
Developer
Emaar
Completed
2008
Service charge
AED 11,600 /yr
Last sold
AED 6.45M · March 2022
Community
Alvorada 3

About V056, Alvorada 3

V056 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 18 March 2022 for AED 6,450,000, or AED 1,386 per sqft, 3% above the AED 1,343 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 20 January 2021, is AED 240,000 a year: a gross yield of 3.7% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for V056 over time

Sales
Villa V056, each saleTypical five-bed in Alvorada 3
2.5M5M2008201220162020Typical 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, June 2010: AED 3,050,888 (AED 655 per sqft)Sold, June 2010: AED 3,850,000 (AED 827 per sqft)Sold, March 2022: AED 6,450,000 (AED 1,386 per sqft)

V056 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V056, 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, September 2012: AED 340,000 a yearNew contract, March 2014: AED 320,000 a yearRenewal, April 2016: AED 350,000 a yearRenewal, April 2017: AED 367,500 a yearRenewal, April 2018: AED 365,000 a yearRenewal, April 2019: AED 364,675 a yearNew contract, August 2019: AED 235,000 a yearNew contract, September 2020: AED 220,000 a yearNew contract, January 2021: AED 240,000 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 V056 sits

All 16 5-beds →

V056 last sold in March 2022 at AED 1,386 per sqft, 3% above what five-beds in Alvorada 3 were fetching at the time (AED 1,343). 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 →

V056, Alvorada 3 in numbers

  • Sold 3 times: first on 1 June 2010 for AED 3,850,000, last on 18 March 2022 for AED 6,450,000 (AED 1,386 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 340,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2022 price is 3.7%, 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 18 March 2022.

Questions about V056, Alvorada 3

What did villa V056 last sell for?

AED 6,450,000 on 18 March 2022: AED 1,386 per sqft for 4,652 sqft. The villa has 3 registered sales; the first was AED 3,850,000 in June 2010.

What is the rent for villa V056?

AED 240,000 a year on the contract signed on 20 January 2021. The previous contract, from September 2020, was AED 220,000; the villa has been rented since September 2012.

How big is villa V056?

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

What is villa V056 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 V056, Alvorada 3

Starts from the last sale price (AED 6.45M, 18 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,450,000
Deposit, UAE resident (20%)
AED 1,290,000
Deposit, non-resident (40%)
AED 2,580,000
Monthly over 25 years at 3.7%
AED 26,389

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →