6-bed · 5,796 sqftAseel Villas, Arabian Ranches · completed 2018

V023, Aseel Villas

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V023 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 10M9 December 2024
Current rentAED 950K /yr16 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V023, Aseel Villas

What is V023 worth today?

Last sold for AED 10,000,000 in 2024

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9 Dec 2024SoldReady
AED 10,000,000AED 1,725 per sqft
16 Feb 2024RentedNew contract · flagged as an outlier
AED 950,000/yr12 months · AED 164 per sqft
24 Aug 2023SoldReady
AED 9,330,000AED 1,609 per sqft
1 Mar 2022Sold by developerReady
AED 8,501,019AED 1,466 per sqft
27 May 2021RentedNew contract
AED 225,000/yr12 months · AED 39 per sqft
27 May 2021RentedNew contract
AED 255,000/yr12 months · AED 44 per sqft
25 Jul 2020RentedNew contract
AED 255,000/yr13 months · AED 44 per sqft
25 Jun 2019RentedNew contract
AED 255,000/yr13 months · AED 44 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
6-bed villa
Size
5,796 sqft
Developer
Emaar
Completed
2018
Service charge
AED 14,500 /yr
Last sold
AED 10M · December 2024
Community
Aseel Villas

About V023, Aseel Villas

V023 is a six-bedroom villa of 5,796 sqft in Aseel Villas, a villa community in Arabian Ranches completed in 2018 by Emaar. It last sold on 9 December 2024 for AED 10,000,000, or AED 1,725 per sqft, in line with the AED 1,751 six-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 16 February 2024, is AED 950,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for V023 over time

Sales
Villa V023, each saleTypical six-bed in Aseel Villas
8M10M202120232025Typical sale price by year: 2021 AED 8,084,127; 2022 AED 8,377,460; 2023 AED 9,258,341; 2024 AED 9,500,000; 2025 AED 10,600,000Sold by developer, March 2022: AED 8,501,019 (AED 1,466 per sqft)Sold, August 2023: AED 9,330,000 (AED 1,609 per sqft)Sold, December 2024: AED 10,000,000 (AED 1,725 per sqft)

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

Rents
Villa V023, each contractTypical six-bed in Aseel Villas
200K400K2019202120232025Typical rent by year: 2019 AED 230,000; 2020 AED 227,500; 2021 AED 225,000; 2022 AED 244,449; 2023 AED 380,000; 2025 AED 525,000New contract, June 2019: AED 255,000 a yearNew contract, July 2020: AED 255,000 a yearNew contract, May 2021: AED 225,000 a yearNew contract, May 2021: AED 255,000 a year

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

6-beds in Aseel Villas, and where V023 sits

All 22 6-beds →

V023 last sold in December 2024 at AED 1,725 per sqft, in line with what six-beds in Aseel Villas were fetching at the time (AED 1,751). Over the last 12 months six-beds sold for AED 10,600,000, around AED 2,267 per sqft.

Recent 6-bed salesVilla no.Price (AED)Summary
27 Nov 202510,600,000
15 Aug 202510,400,000
3 Jun 202510,027,888
17 Mar 202512,500,000
1 6-bed sale in the last 12 months

Aseel Villas

Community

53 villas, 4-bed to 6-bed in Arabian Ranches, completed in 2018 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,321
Typical sale
AED 12.82M
Typical rent
AED 480K /yr
Typical yield
4.6%
Aseel Villas, Arabian Ranches: prices, sales and rents →

V023, Aseel Villas in numbers

  • Sold 3 times: first on 1 March 2022 for AED 8,501,019, last on 9 December 2024 for AED 10,000,000 (AED 1,725 per sqft).
  • Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 255,000 to AED 225,000 in 2021 and recovered to AED 950,000 by February 2024.
  • At AED 950,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 14,500 a year (AED 2.50 per sqft).
  • Six-beds in Aseel Villas sold for AED 10,600,000–10,600,000 in the 12 months to November 2026; the community's median across all types is AED 2,321 per sqft.

Source: Dubai Land Department. Updated 9 December 2024.

Questions about V023, Aseel Villas

What did villa V023 last sell for?

AED 10,000,000 on 9 December 2024: AED 1,725 per sqft for 5,796 sqft. The villa has 3 registered sales; the first was AED 8,501,019 in March 2022.

What is the rent for villa V023?

AED 950,000 a year on the contract signed on 16 February 2024. The previous contract, from May 2021, was AED 225,000; the villa has been rented since June 2019.

How big is villa V023?

5,796 sqft (538.5 sqm): a six-bedroom villa in Aseel Villas, completed in 2018.

What is villa V023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Aseel Villas sold for AED 10,600,000 to 10,600,000 in the last 12 months, around AED 2,267 per sqft.

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Mortgage on V023, Aseel Villas

Starts from the last sale price (AED 10M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,000,000
Deposit, UAE resident (20%)
AED 2,000,000
Deposit, non-resident (40%)
AED 4,000,000
Monthly over 25 years at 3.7%
AED 40,913

Plus AED 425,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →