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

V023, Alvorada 4

Sold prices and rental history: sold 3 times, last in January 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V023 · DLD and Ejari recordsUpdated 18 July 2021
Last soldAED 3.08M17 January 2018
Current rentAED 140K /yr18 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V023, Alvorada 4

What is V023 worth today?

Last sold for AED 3,078,888 in 2018

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18 Jul 2021RentedNew contract
AED 140,000/yr24 months · AED 30 per sqft
1 Aug 2020RentedRenewal
AED 220,000/yr12 months · AED 47 per sqft
1 Aug 2019RentedNew contract
AED 220,000/yr12 months · AED 47 per sqft
1 Aug 2018RentedNew contract
AED 220,000/yr12 months · AED 47 per sqft
17 Jan 2018SoldReady
AED 3,078,888AED 661 per sqft
19 Nov 2012RentedNew contract
AED 283,500/yr31 months · AED 61 per sqft
13 Sep 2010Sold by developerReady
AED 3,500,000AED 752 per sqft
13 Sep 2010SoldReady
AED 3,078,888AED 661 per sqft

Source: Dubai Land Department. Updated 18 July 2021.

Key facts

Type
5-bed villa
Size
4,652 sqft
Developer
Emaar
Completed
2008
Service charge
AED 11,600 /yr
Last sold
AED 3.08M · January 2018
Community
Alvorada 4

About V023, Alvorada 4

V023 is a five-bedroom villa of 4,652 sqft in Alvorada 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 17 January 2018 for AED 3,078,888, or AED 661 per sqft.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 18 July 2021, is AED 140,000 a year: a gross yield of 4.5% on the 2018 price, before the service charge of about AED 11,600 a year.

Sales and rents for V023 over time

Sales
Villa V023, each saleTypical five-bed in Alvorada 4
3M4M20082011201420172020Typical sale price by year: 2008 AED 4,204,888; 2009 AED 3,037,888; 2010 AED 3,588,444; 2011 AED 3,848,888; 2014 AED 3,535,388; 2018 AED 4,350,000; 2019 AED 3,520,000Sold by developer, September 2010: AED 3,500,000 (AED 752 per sqft)Sold, September 2010: AED 3,078,888 (AED 661 per sqft)Sold, January 2018: AED 3,078,888 (AED 661 per sqft)

V023 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V023, each contractTypical five-bed in Alvorada 4
200K400K2012201620202024Typical rent by year: 2012 AED 281,750; 2013 AED 325,000; 2014 AED 330,000; 2015 AED 335,000; 2016 AED 351,750; 2017 AED 300,000; 2018 AED 254,294; 2019 AED 245,000; 2020 AED 232,500; 2021 AED 282,000; 2023 AED 500,000; 2025 AED 440,000New contract, November 2012: AED 283,500 a yearNew contract, August 2018: AED 220,000 a yearNew contract, August 2019: AED 220,000 a yearRenewal, August 2020: AED 220,000 a yearNew contract, July 2021: AED 140,000 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 4, and where V023 sits

All 19 5-beds →
Recent 5-bed salesVilla no.Price (AED)Summary
27 Jan 202512,200,000
23 Dec 20226,400,000
22 Aug 20215,400,000
31 Mar 20214,250,000
0 5-bed sales in the last 12 months

Alvorada 4

Community

93 villas, 3-bed to 5-bed in Arabian Ranches, completed in 2008 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 429K /yr
Typical yield
Alvorada 4, Arabian Ranches: prices, sales and rents →

V023, Alvorada 4 in numbers

  • Sold 3 times: first on 13 September 2010 for AED 3,078,888, last on 17 January 2018 for AED 3,078,888 (AED 661 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 283,500 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 4.5%, before a service charge of about AED 11,600 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 18 July 2021.

Questions about V023, Alvorada 4

What did villa V023 last sell for?

AED 3,078,888 on 17 January 2018: AED 661 per sqft for 4,652 sqft. The villa has 3 registered sales; the first was AED 3,078,888 in September 2010.

What is the rent for villa V023?

AED 140,000 a year on the contract signed on 18 July 2021. The previous contract, from August 2020, was AED 220,000; the villa has been rented since November 2012.

How big is villa V023?

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

What is villa V023 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 V023, Alvorada 4

Starts from the last sale price (AED 3.08M, 17 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,078,888
Deposit, UAE resident (20%)
AED 615,778
Deposit, non-resident (40%)
AED 1,231,555
Monthly over 25 years at 3.7%
AED 12,597

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