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4-bed · 4,248 sqftAlvorada 3, Arabian Ranches · completed 2008

V059, Alvorada 3

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V059 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 10.75M16 May 2024
Current rentAED 210K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V059, Alvorada 3

What is V059 worth today?

Last sold for AED 10,750,000 in 2024

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16 May 2024SoldReady
AED 10,750,000AED 2,530 per sqft
12 Apr 2023SoldReady
AED 6,450,000AED 1,518 per sqft
10 Feb 2021SoldReady
AED 3,750,000AED 882 per sqft
1 Mar 2020RentedRenewal
AED 210,000/yr11 months · AED 49 per sqft
28 Aug 2017RentedNew contract
AED 240,000/yr12 months · AED 56 per sqft
6 Jan 2016RentedNew contract
AED 300,000/yr12 months · AED 71 per sqft
1 Jul 2014RentedRenewal
AED 280,000/yr12 months · AED 66 per sqft
1 Jul 2013RentedNew contract
AED 280,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
4-bed villa
Size
4,248 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,600 /yr
Last sold
AED 10.75M · May 2024
Community
Alvorada 3

About V059, Alvorada 3

V059 is a four-bedroom villa of 4,248 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 16 May 2024 for AED 10,750,000, or AED 2,530 per sqft, 33% above the AED 1,905 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 March 2020, is AED 210,000 a year: a gross yield of 1.9% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for V059 over time

Sales
Villa V059, each saleTypical four-bed in Alvorada 3
5M10M2008201320182023Typical 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 by developer, January 2011: AED 2,691,888 (AED 633 per sqft)Sold, February 2021: AED 3,750,000 (AED 882 per sqft)Sold, April 2023: AED 6,450,000 (AED 1,518 per sqft)Sold, May 2024: AED 10,750,000 (AED 2,530 per sqft)

V059 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V059, 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, July 2013: AED 280,000 a yearRenewal, July 2014: AED 280,000 a yearNew contract, January 2016: AED 300,000 a yearNew contract, August 2017: AED 240,000 a yearRenewal, March 2020: AED 210,000 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 V059 sits

All 25 4-beds →

V059 last sold in May 2024 at AED 2,530 per sqft, 33% above what four-beds in Alvorada 3 were fetching at the time (AED 1,905).

Recent 4-bed salesVilla no.Price (AED)Summary
30 May 202513,600,000
25 Feb 20259,000,000
1 May 20248,300,000
20 Mar 20247,850,000
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 →

V059, Alvorada 3 in numbers

  • Sold 4 times: first on 27 January 2011 for AED 2,691,888, last on 16 May 2024 for AED 10,750,000 (AED 2,530 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 280,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2024 price is 1.9%, before a service charge of about AED 10,600 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 16 May 2024.

Questions about V059, Alvorada 3

What did villa V059 last sell for?

AED 10,750,000 on 16 May 2024: AED 2,530 per sqft for 4,248 sqft. The villa has 4 registered sales; the first was AED 2,691,888 in January 2011.

What is the rent for villa V059?

AED 210,000 a year on the contract renewed on 1 March 2020. The previous contract, from August 2017, was AED 240,000; the villa has been rented since July 2013.

How big is villa V059?

4,248 sqft (394.7 sqm): a four-bedroom villa in Alvorada 3, completed in 2008.

What is villa V059 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 V059, Alvorada 3

Starts from the last sale price (AED 10.75M, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,750,000
Deposit, UAE resident (20%)
AED 2,150,000
Deposit, non-resident (40%)
AED 4,300,000
Monthly over 25 years at 3.7%
AED 43,982

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