V061, Alvorada 3
Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V061, Alvorada 3
What is V061 worth today?
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Source: Dubai Land Department. Updated 5 September 2020.
Key facts
- Type
- 4-bed villa
- Size
- 4,229 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 10,600 /yr
- Last sold
- AED 2.7M · November 2008
- Community
- Alvorada 3
About V061, Alvorada 3
V061 is a four-bedroom villa of 4,229 sqft in Alvorada 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 9 November 2008 for AED 2,704,888, or AED 639 per sqft, 16% below the AED 760 four-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 September 2020, is AED 180,000 a year: a gross yield of 6.7% on the 2008 price, before the service charge of about AED 10,600 a year.
Sales and rents for V061 over time
V061 has sold once; the dashed line is the four-bed median of each year in the community.
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 V061 sits
All 25 4-beds →V061 last sold in November 2008 at AED 639 per sqft, 16% below what four-beds in Alvorada 3 were fetching at the time (AED 760).
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 May 202530 May 2025 | 4,248 sqft | 13,600,000 | 3,201 | ||
| 25 Feb 202525 February 2025 | 4,229 sqft | 9,000,000 | 2,128 | ||
| 16 May 202416 May 2024 | 4,248 sqft | 10,750,000 | 2,530 | ||
| 1 May 20241 May 2024 | 4,229 sqft | 8,300,000 | 1,962 |
Alvorada 3
Community61 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%
V061, Alvorada 3 in numbers
- Sold once: by Emaar on 9 November 2008 for AED 2,704,888, or AED 639 per sqft.
- Rented since September 2013 on 6 Ejari contracts, from AED 245,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2008 price is 6.7%, before a service charge of about AED 10,600 a year (AED 2.50 per sqft).
Source: Dubai Land Department. Updated 5 September 2020.
Questions about V061, Alvorada 3
What did villa V061 last sell for?
AED 2,704,888 on 9 November 2008, sold by the developer: AED 639 per sqft for 4,229 sqft. It is the only registered sale of the villa.
What is the rent for villa V061?
AED 180,000 a year on the contract signed on 5 September 2020. The previous contract, from September 2019, was AED 190,000; the villa has been rented since September 2013.
How big is villa V061?
4,229 sqft (392.9 sqm): a four-bedroom villa in Alvorada 3, completed in 2008.
What is villa V061 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 V061, Alvorada 3
Starts from the last sale price (AED 2.7M, 9 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,704,888
- Deposit, UAE resident (20%)
- AED 540,978
- Deposit, non-resident (40%)
- AED 1,081,955
- Monthly over 25 years at 3.7%
- AED 11,067
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →