6-bed · 5,263 sqftLa Avenida 1, Arabian Ranches · completed 2009

V007, La Avenida 1

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V007 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 6.9M7 October 2012
Current rentAED 374K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V007, La Avenida 1

What is V007 worth today?

Last sold for AED 6,903,888 in 2012

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20 Nov 2024RentedRenewal
AED 374,220/yr12 months · AED 71 per sqft
20 Nov 2023RentedRenewal
AED 311,850/yr12 months · AED 59 per sqft
20 Nov 2021RentedRenewal
AED 247,500/yr12 months · AED 47 per sqft
20 Nov 2020RentedRenewal
AED 225,000/yr12 months · AED 43 per sqft
20 Nov 2018RentedNew contract
AED 245,000/yr12 months · AED 47 per sqft
25 Jun 2018RentedNew contract
AED 230,000/yr12 months · AED 44 per sqft
15 Mar 2017RentedNew contract
AED 300,000/yr12 months · AED 57 per sqft
7 Oct 2012Sold by developerReady
AED 6,903,888AED 1,311 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
6-bed villa
Size
5,263 sqft
Developer
Emaar
Completed
2009
Service charge
AED 13,200 /yr
Last sold
AED 6.9M · October 2012
Community
La Avenida 1

About V007, La Avenida 1

V007 is a six-bedroom villa of 5,263 sqft in La Avenida 1, a villa community in Arabian Ranches completed in 2009 by Emaar. The developer sold it on 7 October 2012 for AED 6,903,888, or AED 1,311 per sqft, in line with the AED 1,311 six-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 374,220 a year: a gross yield of 5.4% on the 2012 price, before the service charge of about AED 13,200 a year.

Sales and rents for V007 over time

Rents
Villa V007, each contractTypical six-bed in La Avenida 1
200K300K400K2012201620202024Typical rent by year: 2013 AED 350,000; 2018 AED 282,500New contract, October 2012: AED 375,000 a yearNew contract, March 2017: AED 300,000 a yearNew contract, June 2018: AED 230,000 a yearNew contract, November 2018: AED 245,000 a yearRenewal, November 2020: AED 225,000 a yearRenewal, November 2021: AED 247,500 a yearRenewal, November 2023: AED 311,850 a yearRenewal, November 2024: AED 374,220 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 La Avenida 1, and where V007 sits

All 6 6-beds →

V007 last sold in October 2012 at AED 1,311 per sqft, in line with what six-beds in La Avenida 1 were fetching at the time (AED 1,311).

Recent 6-bed salesVilla no.Price (AED)Summary
28 Jun 202411,850,000
11 Apr 20227,300,000
17 Nov 20217,600,000
13 Jun 20182,850,000
0 6-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 →

V007, La Avenida 1 in numbers

  • Sold once: by Emaar on 7 October 2012 for AED 6,903,888, or AED 1,311 per sqft.
  • Rented since October 2012 on 8 Ejari contracts. The rent fell from AED 375,000 to AED 225,000 in 2020 and recovered to AED 374,220 by November 2024.
  • At AED 374,220 a year the gross yield on the 2012 price is 5.4%, before a service charge of about AED 13,200 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 20 November 2024.

Questions about V007, La Avenida 1

What did villa V007 last sell for?

AED 6,903,888 on 7 October 2012, sold by the developer: AED 1,311 per sqft for 5,263 sqft. It is the only registered sale of the villa.

What is the rent for villa V007?

AED 374,220 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 311,850; the villa has been rented since October 2012.

How big is villa V007?

5,263 sqft (488.9 sqm): a six-bedroom villa in La Avenida 1, completed in 2009.

What is villa V007 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 V007, La Avenida 1

Starts from the last sale price (AED 6.9M, 7 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 6,903,888
Deposit, UAE resident (20%)
AED 1,380,778
Deposit, non-resident (40%)
AED 2,761,555
Monthly over 25 years at 3.7%
AED 28,246

Plus AED 294,974 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →