5-bed · 4,671 sqftLa Avenida 1, Arabian Ranches · completed 2009

V004, La Avenida 1

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V004 · DLD and Ejari recordsUpdated 21 August 2017
Last soldAED 5.95M22 August 2016
Current rentAED 336K /yr21 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V004, La Avenida 1

What is V004 worth today?

Last sold for AED 5,950,000 in 2016

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21 Aug 2017RentedRenewal
AED 336,000/yr12 months · AED 72 per sqft
22 Aug 2016SoldReady
AED 5,950,000AED 1,273 per sqft
21 Aug 2016RentedNew contract
AED 336,000/yr12 months · AED 72 per sqft
8 May 2016SoldReady
AED 4,500,000AED 963 per sqft
21 Aug 2015RentedNew contract
AED 336,000/yr12 months · AED 72 per sqft
23 Jul 2013RentedNew contract
AED 350,000/yr12 months · AED 75 per sqft
12 Oct 2011Sold by developerReady
AED 5,837,888AED 1,249 per sqft

Source: Dubai Land Department. Updated 21 August 2017.

Key facts

Type
5-bed villa
Size
4,671 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,700 /yr
Last sold
AED 5.95M · August 2016
Community
La Avenida 1

About V004, La Avenida 1

V004 is a five-bedroom villa of 4,671 sqft in La Avenida 1, a villa community in Arabian Ranches completed in 2009 by Emaar. It last sold on 22 August 2016 for AED 5,950,000, or AED 1,273 per sqft, 32% above the AED 963 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 21 August 2017, is AED 336,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 11,700 a year.

Sales and rents for V004 over time

Sales
Villa V004, each saleTypical five-bed in La Avenida 1
4M6M8M2010201220142016Typical sale price by year: 2010 AED 6,716,888; 2011 AED 8,049,944; 2012 AED 5,589,444; 2016 AED 5,500,000Sold by developer, October 2011: AED 5,837,888 (AED 1,249 per sqft)Sold, May 2016: AED 4,500,000 (AED 963 per sqft)Sold, August 2016: AED 5,950,000 (AED 1,273 per sqft)

V004 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V004, each contractTypical five-bed in La Avenida 1
250K300K350K20132015201720192021Typical rent by year: 2017 AED 336,000; 2019 AED 308,000; 2020 AED 265,000New contract, July 2013: AED 350,000 a yearNew contract, August 2015: AED 336,000 a yearNew contract, August 2016: AED 336,000 a yearRenewal, August 2017: AED 336,000 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 La Avenida 1, and where V004 sits

All 11 5-beds →

V004 last sold in August 2016 at AED 1,273 per sqft, 32% above what five-beds in La Avenida 1 were fetching at the time (AED 963).

Recent 5-bed salesVilla no.Price (AED)Summary
17 Mar 202512,700,000
3 Jan 202514,000,000
9 Feb 202320,000,000
28 Mar 20226,900,000
0 5-bed sales in the last 12 months

La Avenida 1

Community

17 villas, 5-bed to 6-bed in Arabian Ranches, completed in 2009 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 618K /yr
Typical yield
La Avenida 1, Arabian Ranches: prices, sales and rents →

V004, La Avenida 1 in numbers

  • Sold 3 times: first on 12 October 2011 for AED 5,837,888, last on 22 August 2016 for AED 5,950,000 (AED 1,273 per sqft).
  • Rented since July 2013 on 4 Ejari contracts, from AED 350,000 to AED 336,000 a year.
  • At AED 336,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 11,700 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 21 August 2017.

Questions about V004, La Avenida 1

What did villa V004 last sell for?

AED 5,950,000 on 22 August 2016: AED 1,273 per sqft for 4,671 sqft. The villa has 3 registered sales; the first was AED 5,837,888 in October 2011.

What is the rent for villa V004?

AED 336,000 a year on the contract renewed on 21 August 2017. The previous contract, from August 2016, was AED 336,000; the villa has been rented since July 2013.

How big is villa V004?

4,671 sqft (434.0 sqm): a five-bedroom villa in La Avenida 1, completed in 2009.

What is villa V004 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 V004, La Avenida 1

Starts from the last sale price (AED 5.95M, 22 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 5,950,000
Deposit, UAE resident (20%)
AED 1,190,000
Deposit, non-resident (40%)
AED 2,380,000
Monthly over 25 years at 3.7%
AED 24,343

Plus AED 254,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →