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

V124, Mirador

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V124 · DLD and Ejari recordsUpdated 24 June 2019
Last soldAED 4.1M24 June 2019
Current rentAED 300K /yr1 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V124, Mirador

What is V124 worth today?

Last sold for AED 4,100,000 in 2019

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24 Jun 2019SoldReady
AED 4,100,000AED 794 per sqft
1 Jun 2018RentedRenewal
AED 300,000/yr12 months · AED 58 per sqft
1 Jun 2017RentedNew contract
AED 320,000/yr12 months · AED 62 per sqft
1 Jun 2016RentedNew contract
AED 387,000/yr12 months · AED 75 per sqft
1 Jun 2015RentedNew contract
AED 387,000/yr12 months · AED 75 per sqft
19 Jul 2007SoldReady
AED 1,468,444AED 284 per sqft
20 May 2007Sold by developerReady
AED 1,468,444AED 284 per sqft

Source: Dubai Land Department. Updated 24 June 2019.

Key facts

Type
6-bed villa
Size
5,163 sqft
Developer
Emaar
Completed
2008
Service charge
AED 15,900 /yr
Last sold
AED 4.1M · June 2019
Community
Mirador

About V124, Mirador

V124 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 24 June 2019 for AED 4,100,000, or AED 794 per sqft, in line with the AED 815 six-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 June 2018, is AED 300,000 a year: a gross yield of 7.3% on the 2019 price, before the service charge of about AED 15,900 a year.

Sales and rents for V124 over time

Sales
Villa V124, each saleTypical six-bed in Mirador
010M2007201220172022Typical 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, May 2007: AED 1,468,444 (AED 284 per sqft)Sold, July 2007: AED 1,468,444 (AED 284 per sqft)Sold, June 2019: AED 4,100,000 (AED 794 per sqft)

V124 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V124, 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, June 2015: AED 387,000 a yearNew contract, June 2016: AED 387,000 a yearNew contract, June 2017: AED 320,000 a yearRenewal, June 2018: AED 300,000 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 V124 sits

All 64 6-beds →

V124 last sold in June 2019 at AED 794 per sqft, in line with what six-beds in Mirador were fetching at the time (AED 815). 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. V124's AED 300,000 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 →

V124, Mirador in numbers

  • Sold 3 times: first on 20 May 2007 for AED 1,468,444, last on 24 June 2019 for AED 4,100,000 (AED 794 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 387,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2019 price is 7.3%, 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 24 June 2019.

Questions about V124, Mirador

What did villa V124 last sell for?

AED 4,100,000 on 24 June 2019: AED 794 per sqft for 5,163 sqft. The villa has 3 registered sales; the first was AED 1,468,444 in May 2007.

What is the rent for villa V124?

AED 300,000 a year on the contract renewed on 1 June 2018. The previous contract, from June 2017, was AED 320,000; the villa has been rented since June 2015.

How big is villa V124?

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

What is villa V124 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 V124, Mirador

Starts from the last sale price (AED 4.1M, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →