6-bed · 6,940 sqftLa Avenida 2, Arabian Ranches · completed 2014

V008, La Avenida 2

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

Villa V008 · DLD and Ejari recordsUpdated 17 October 2016
Last soldAED 10.7M17 October 2016
Current rentAED 525K /yr1 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V008, La Avenida 2

What is V008 worth today?

Last sold for AED 10,700,000 in 2016

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17 Oct 2016SoldReady
AED 10,700,000AED 1,541 per sqft
1 Mar 2016RentedNew contract
AED 525,000/yr12 months · AED 76 per sqft
15 Feb 2015SoldReady
AED 11,500,000AED 1,657 per sqft
5 Feb 2015Sold by developerReady
AED 6,964,423AED 1,003 per sqft

Source: Dubai Land Department. Updated 17 October 2016.

Key facts

Type
6-bed villa
Size
6,940 sqft
Developer
Emaar
Completed
2014
Service charge
AED 17,300 /yr
Last sold
AED 10.7M · October 2016
Community
La Avenida 2

About V008, La Avenida 2

V008 is a six-bedroom villa of 6,940 sqft in La Avenida 2, a villa community in Arabian Ranches completed in 2014 by Emaar. It last sold on 17 October 2016 for AED 10,700,000, or AED 1,541 per sqft, 9% below the AED 1,694 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 March 2016. The current contract, signed on 1 March 2016, is AED 525,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 17,300 a year.

Sales and rents for V008 over time

Sales
Villa V008, each saleTypical six-bed in La Avenida 2
7.5M10M2015201820212024Typical sale price by year: 2015 AED 10,767,888; 2016 AED 11,331,888; 2023 AED 10,380,000Sold, February 2015: AED 11,500,000 (AED 1,657 per sqft)Sold by developer, February 2015: AED 6,964,423 (AED 1,003 per sqft)Sold, October 2016: AED 10,700,000 (AED 1,541 per sqft)

V008 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V008, each contractTypical six-bed in La Avenida 2
400K20162018202020222024Typical rent by year: 2016 AED 423,861; 2019 AED 411,250; 2021 AED 365,000; 2022 AED 297,723; 2023 AED 550,000New contract, March 2016: AED 525,000 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 La Avenida 2, and where V008 sits

All 10 6-beds →

V008 last sold in October 2016 at AED 1,541 per sqft, 9% below what six-beds in La Avenida 2 were fetching at the time (AED 1,694). Over the last 12 months six-beds sold for AED 40,000,000, around AED 5,763 per sqft.

Recent 6-bed salesVilla no.Price (AED)Summary
21 Jan 202640,000,000
20 Nov 202315,000,000
12 Jul 202310,380,000
26 Apr 20239,005,000
1 6-bed sale in the last 12 months

La Avenida 2

Community

33 villas, 4-bed to 6-bed in Arabian Ranches, completed in 2014 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 5,763
Typical sale
AED 40M
Typical rent
AED 578K /yr
Typical yield
2.0%
La Avenida 2, Arabian Ranches: prices, sales and rents →

V008, La Avenida 2 in numbers

  • Sold 3 times: first on 5 February 2015 for AED 6,964,423, last on 17 October 2016 for AED 10,700,000 (AED 1,541 per sqft).
  • Rented since March 2016 on one Ejari contract, at AED 525,000 a year.
  • At AED 525,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 17,300 a year (AED 2.50 per sqft).
  • Six-beds in La Avenida 2 sold for AED 40,000,000–40,000,000 in the 12 months to November 2026; the community's median across all types is AED 5,763 per sqft.

Source: Dubai Land Department. Updated 17 October 2016.

Questions about V008, La Avenida 2

What did villa V008 last sell for?

AED 10,700,000 on 17 October 2016: AED 1,541 per sqft for 6,940 sqft. The villa has 3 registered sales; the first was AED 6,964,423 in February 2015.

What is the rent for villa V008?

AED 525,000 a year on the contract signed on 1 March 2016.

How big is villa V008?

6,940 sqft (644.7 sqm): a six-bedroom villa in La Avenida 2, completed in 2014.

What is villa V008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in La Avenida 2 sold for AED 40,000,000 to 40,000,000 in the last 12 months, around AED 5,763 per sqft.

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Mortgage on V008, La Avenida 2

Starts from the last sale price (AED 10.7M, 17 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 10,700,000
Deposit, UAE resident (20%)
AED 2,140,000
Deposit, non-resident (40%)
AED 4,280,000
Monthly over 25 years at 3.7%
AED 43,777

Plus AED 454,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →