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

V022, La Avenida 2

Sold prices and rental history: sold twice, last in July 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V022 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 10.38M12 July 2023
Current rentAED 620K /yr13 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V022, La Avenida 2

What is V022 worth today?

Last sold for AED 10,380,000 in 2023

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13 Jul 2023RentedNew contract
AED 620,000/yr12 months · AED 89 per sqft
12 Jul 2023SoldReady
AED 10,380,000AED 1,495 per sqft
10 Dec 2016RentedRenewal
AED 423,861/yr12 months · AED 61 per sqft
10 Dec 2015RentedNew contract
AED 400,000/yr12 months · AED 58 per sqft
6 Dec 2015Sold by developerReady
AED 10,767,888AED 1,551 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
6-bed villa
Size
6,940 sqft
Developer
Emaar
Completed
2014
Service charge
AED 17,300 /yr
Last sold
AED 10.38M · July 2023
Community
La Avenida 2

About V022, La Avenida 2

V022 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 12 July 2023 for AED 10,380,000, or AED 1,495 per sqft, in line with the AED 1,469 six-beds in the community were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 13 July 2023, is AED 620,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for V022 over time

Sales
Villa V022, each saleTypical six-bed in La Avenida 2
10.5M11M11.5M2015201820212024Typical sale price by year: 2015 AED 10,767,888; 2016 AED 11,331,888; 2023 AED 10,380,000Sold by developer, December 2015: AED 10,767,888 (AED 1,551 per sqft)Sold, July 2023: AED 10,380,000 (AED 1,495 per sqft)

V022 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V022, each contractTypical six-bed in La Avenida 2
400K600K2015201820212024Typical rent by year: 2016 AED 423,861; 2019 AED 411,250; 2021 AED 365,000; 2022 AED 297,723; 2023 AED 550,000New contract, December 2015: AED 400,000 a yearRenewal, December 2016: AED 423,861 a yearNew contract, July 2023: AED 620,000 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 V022 sits

All 10 6-beds →

V022 last sold in July 2023 at AED 1,495 per sqft, in line with what six-beds in La Avenida 2 were fetching at the time (AED 1,469). 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
26 Apr 20239,005,000
12 Sep 202210,200,000
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 →

V022, La Avenida 2 in numbers

  • Sold twice: first on 6 December 2015 for AED 10,767,888, last on 12 July 2023 for AED 10,380,000 (AED 1,495 per sqft).
  • Rented since December 2015 on 3 Ejari contracts, from AED 400,000 to AED 620,000 a year.
  • At AED 620,000 a year the gross yield on the 2023 price is 6.0%, 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 13 July 2023.

Questions about V022, La Avenida 2

What did villa V022 last sell for?

AED 10,380,000 on 12 July 2023: AED 1,495 per sqft for 6,940 sqft. The villa has 2 registered sales; the first was AED 10,767,888 in December 2015.

What is the rent for villa V022?

AED 620,000 a year on the contract signed on 13 July 2023. The previous contract, from December 2016, was AED 423,861; the villa has been rented since December 2015.

How big is villa V022?

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

What is villa V022 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 V022, La Avenida 2

Starts from the last sale price (AED 10.38M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,380,000
Deposit, UAE resident (20%)
AED 2,076,000
Deposit, non-resident (40%)
AED 4,152,000
Monthly over 25 years at 3.7%
AED 42,468

Plus AED 440,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →