6-bed · 5,163 sqftMirador, Arabian Ranches · completed 2008

V048, Mirador

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V048 · DLD and Ejari recordsUpdated 17 October 2017
Last soldAED 5M17 October 2017
Current rentAED 255K /yr10 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V048, Mirador

What is V048 worth today?

Last sold for AED 5,000,000 in 2017

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17 Oct 2017SoldReady
AED 5,000,000AED 968 per sqft
10 Jan 2017RentedNew contract
AED 255,000/yr12 months · AED 49 per sqft
10 Jan 2016RentedNew contract
AED 260,000/yr12 months · AED 50 per sqft
10 Sep 2014RentedNew contract
AED 341,251/yr9 months · AED 66 per sqft
10 Sep 2013RentedNew contract
AED 325,000/yr12 months · AED 63 per sqft
25 Apr 2012RentedNew contract
AED 260,000/yr12 months · AED 50 per sqft
25 Apr 2012RentedNew contract
AED 260,000/yr12 months · AED 50 per sqft
28 Jul 2008Sold by developerReady
AED 2,802,317AED 542 per sqft

Source: Dubai Land Department. Updated 17 October 2017.

Key facts

Type
6-bed villa
Size
5,163 sqft
Developer
Emaar
Completed
2008
Service charge
AED 15,900 /yr
Last sold
AED 5M · October 2017
Community
Mirador

About V048, Mirador

V048 is a six-bedroom villa of 5,163 sqft in Mirador, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 17 October 2017 for AED 5,000,000, or AED 968 per sqft, in line with the AED 963 six-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 10 January 2017, is AED 255,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 15,900 a year.

Sales and rents for V048 over time

Sales
Villa V048, each saleTypical six-bed in Mirador
5M10M2007201220172022Typical sale price by year: 2007 AED 2,571,888; 2008 AED 2,902,888; 2009 AED 3,354,444; 2010 AED 2,884,888; 2011 AED 3,294,944; 2012 AED 3,717,888; 2013 AED 5,950,000; 2014 AED 6,525,000; 2016 AED 6,100,000; 2017 AED 5,000,000; 2018 AED 4,500,000; 2019 AED 4,000,000; 2020 AED 3,975,000; 2021 AED 5,550,000; 2022 AED 6,400,000; 2023 AED 6,950,000; 2024 AED 9,150,000; 2025 AED 13,100,000Sold by developer, July 2008: AED 2,802,317 (AED 542 per sqft)Sold, October 2017: AED 5,000,000 (AED 968 per sqft)

V048 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V048, each contractTypical six-bed in Mirador
200K400K2012201620202024Typical rent by year: 2012 AED 279,125; 2013 AED 322,500; 2014 AED 340,000; 2015 AED 348,250; 2016 AED 346,500; 2017 AED 299,198; 2018 AED 280,000; 2019 AED 249,231; 2020 AED 230,000; 2021 AED 231,000; 2022 AED 275,752; 2023 AED 310,000; 2024 AED 360,000; 2025 AED 514,999New contract, April 2012: AED 260,000 a yearNew contract, April 2012: AED 260,000 a yearNew contract, September 2013: AED 325,000 a yearNew contract, September 2014: AED 341,251 a yearNew contract, January 2016: AED 260,000 a yearNew contract, January 2017: 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 Mirador, and where V048 sits

All 64 6-beds →

V048 last sold in October 2017 at AED 968 per sqft, in line with what six-beds in Mirador were fetching at the time (AED 963). Over the last 12 months six-beds sold for AED 13,750,000 to 24,500,000, around AED 3,636 per sqft, and rent for AED 349,257 to 500,000 a year. V048's AED 255,000 is at the bottom of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
7 Jan 202624,500,000
5 Dec 202513,750,000
23 Oct 202513,250,000
30 May 202512,950,000
2 6-bed sales in the last 12 months

Mirador

Community

279 villas, 4-bed to 7-bed in Arabian Ranches, completed in 2008 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,689
Typical sale
AED 13M
Typical rent
AED 400K /yr
Typical yield
3.4%
Mirador, Arabian Ranches: prices, sales and rents →

V048, Mirador in numbers

  • Sold twice: first on 28 July 2008 for AED 2,802,317, last on 17 October 2017 for AED 5,000,000 (AED 968 per sqft).
  • Rented since April 2012 on 6 Ejari contracts, from AED 260,000 to AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2017 price is 5.1%, before a service charge of about AED 15,900 a year (AED 3.08 per sqft).
  • Six-beds in Mirador sold for AED 13,750,000–24,500,000 in the 12 months to November 2026; the community's median across all types is AED 2,689 per sqft.

Source: Dubai Land Department. Updated 17 October 2017.

Questions about V048, Mirador

What did villa V048 last sell for?

AED 5,000,000 on 17 October 2017: AED 968 per sqft for 5,163 sqft. The villa has 2 registered sales; the first was AED 2,802,317 in July 2008.

What is the rent for villa V048?

AED 255,000 a year on the contract signed on 10 January 2017. The previous contract, from January 2016, was AED 260,000; the villa has been rented since April 2012.

How big is villa V048?

5,163 sqft (479.7 sqm): a six-bedroom villa in Mirador, completed in 2008.

What is villa V048 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Mirador sold for AED 13,750,000 to 24,500,000 in the last 12 months, around AED 3,636 per sqft.

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Mortgage on V048, Mirador

Starts from the last sale price (AED 5M, 17 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →