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4-bed · 4,229 sqftAlvorada 3, Arabian Ranches · completed 2008

V057, Alvorada 3

Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V057 · DLD and Ejari recordsUpdated 26 October 2021
Last soldAED 5.5M26 October 2021
Current rentAED 195K /yr27 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V057, Alvorada 3

What is V057 worth today?

Last sold for AED 5,500,000 in 2021

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26 Oct 2021SoldReady
AED 5,500,000AED 1,300 per sqft
27 Sep 2021RentedRenewal
AED 195,000/yr12 months · AED 46 per sqft
27 Sep 2020RentedNew contract
AED 195,000/yr12 months · AED 46 per sqft
21 Jun 2019RentedRenewal
AED 230,000/yr12 months · AED 54 per sqft
21 Jun 2018RentedNew contract
AED 240,000/yr12 months · AED 57 per sqft
7 Dec 2017SoldReady
AED 4,000,000AED 945 per sqft
15 May 2017RentedRenewal
AED 246,032/yr12 months · AED 58 per sqft
15 May 2016RentedNew contract
AED 265,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 26 October 2021.

Key facts

Type
4-bed villa
Size
4,229 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 5.5M · October 2021
Community
Alvorada 3

About V057, Alvorada 3

V057 is a four-bedroom villa of 4,229 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 26 October 2021 for AED 5,500,000, or AED 1,300 per sqft, 53% above the AED 849 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 27 September 2021, is AED 195,000 a year: a gross yield of 3.5% on the 2021 price, before the service charge of about AED 10,600 a year.

Sales and rents for V057 over time

Sales
Villa V057, each saleTypical four-bed in Alvorada 3
5M2008201320182023Typical sale price by year: 2008 AED 3,228,888; 2009 AED 2,808,888; 2011 AED 2,740,388; 2012 AED 2,676,888; 2013 AED 2,738,888; 2015 AED 5,450,000; 2021 AED 4,000,000; 2024 AED 8,300,000Sold, April 2011: AED 3,200,000 (AED 756 per sqft)Sold by developer, April 2011: AED 2,764,888 (AED 653 per sqft)Sold, December 2017: AED 4,000,000 (AED 945 per sqft)Sold, October 2021: AED 5,500,000 (AED 1,300 per sqft)

V057 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V057, each contractTypical four-bed in Alvorada 3
200K300K400K2012201620202024Typical rent by year: 2012 AED 252,500; 2013 AED 267,500; 2014 AED 273,000; 2015 AED 291,000; 2016 AED 285,000; 2017 AED 246,032; 2018 AED 240,000; 2019 AED 212,500; 2020 AED 200,000; 2021 AED 202,500; 2022 AED 225,750; 2023 AED 360,000; 2024 AED 362,500; 2025 AED 400,000New contract, May 2013: AED 260,000 a yearRenewal, May 2014: AED 260,000 a yearRenewal, May 2015: AED 300,000 a yearNew contract, May 2016: AED 265,000 a yearRenewal, May 2017: AED 246,032 a yearNew contract, June 2018: AED 240,000 a yearRenewal, June 2019: AED 230,000 a yearNew contract, September 2020: AED 195,000 a yearRenewal, September 2021: AED 195,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Alvorada 3, and where V057 sits

All 25 4-beds →

V057 last sold in October 2021 at AED 1,300 per sqft, 53% above what four-beds in Alvorada 3 were fetching at the time (AED 849).

Recent 4-bed salesVilla no.Price (AED)Summary
30 May 202513,600,000
25 Feb 20259,000,000
16 May 202410,750,000
1 May 20248,300,000
0 4-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 →

V057, Alvorada 3 in numbers

  • Sold 4 times: first on 12 April 2011 for AED 2,764,888, last on 26 October 2021 for AED 5,500,000 (AED 1,300 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 260,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2021 price is 3.5%, before a service charge of about AED 10,600 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 26 October 2021.

Questions about V057, Alvorada 3

What did villa V057 last sell for?

AED 5,500,000 on 26 October 2021: AED 1,300 per sqft for 4,229 sqft. The villa has 4 registered sales; the first was AED 2,764,888 in April 2011.

What is the rent for villa V057?

AED 195,000 a year on the contract renewed on 27 September 2021. The previous contract, from September 2020, was AED 195,000; the villa has been rented since May 2013.

How big is villa V057?

4,229 sqft (392.9 sqm): a four-bedroom villa in Alvorada 3, completed in 2008.

What is villa V057 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 V057, Alvorada 3

Starts from the last sale price (AED 5.5M, 26 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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