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5-bed · 4,513 sqftMirador, Arabian Ranches · completed 2008

V240, Mirador

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V240 · DLD and Ejari recordsUpdated 17 November 2019
Last soldAED 3.53M17 November 2019
Current rentAED 240K /yr5 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V240, Mirador

What is V240 worth today?

Last sold for AED 3,525,000 in 2019

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17 Nov 2019SoldReady
AED 3,525,000AED 781 per sqft
5 Jul 2019RentedNew contract
AED 240,000/yr12 months · AED 53 per sqft
5 Jan 2019RentedRenewal
AED 240,000/yr6 months · AED 53 per sqft
5 Jul 2018RentedNew contract
AED 240,000/yr6 months · AED 53 per sqft
5 Jul 2017RentedNew contract
AED 240,000/yr12 months · AED 53 per sqft
1 Jul 2016RentedNew contract
AED 279,000/yr12 months · AED 62 per sqft
15 Jul 2012RentedNew contract
AED 250,000/yr12 months · AED 55 per sqft
8 Jul 2008Sold by developerReady
AED 2,369,888AED 525 per sqft

Source: Dubai Land Department. Updated 17 November 2019.

Key facts

Type
5-bed villa
Size
4,513 sqft
Developer
Emaar
Completed
2008
Service charge
AED 13,900 /yr
Last sold
AED 3.53M · November 2019
Community
Mirador

About V240, Mirador

V240 is a five-bedroom villa of 4,513 sqft in Mirador, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 17 November 2019 for AED 3,525,000, or AED 781 per sqft, in line with the AED 782 five-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 5 July 2019, is AED 240,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 13,900 a year.

Sales and rents for V240 over time

Sales
Villa V240, each saleTypical five-bed in Mirador
5M10M2007201220172022Typical sale price by year: 2007 AED 2,378,888; 2008 AED 2,445,888; 2009 AED 3,500,000; 2010 AED 2,520,388; 2011 AED 3,565,000; 2012 AED 4,025,000; 2013 AED 5,340,000; 2014 AED 6,250,000; 2015 AED 5,475,000; 2016 AED 4,700,000; 2017 AED 4,765,000; 2018 AED 4,255,000; 2019 AED 3,575,000; 2020 AED 4,400,000; 2021 AED 5,000,000; 2022 AED 5,800,000; 2023 AED 6,300,000; 2024 AED 8,300,000; 2025 AED 10,600,000Sold by developer, July 2008: AED 2,369,888 (AED 525 per sqft)Sold, November 2019: AED 3,525,000 (AED 781 per sqft)

V240 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V240, each contractTypical five-bed in Mirador
200K400K2012201620202024Typical rent by year: 2012 AED 270,000; 2013 AED 280,000; 2014 AED 297,000; 2015 AED 298,500; 2016 AED 284,500; 2017 AED 270,000; 2018 AED 245,000; 2019 AED 220,000; 2020 AED 210,000; 2021 AED 217,500; 2022 AED 250,000; 2023 AED 320,000; 2024 AED 396,188; 2025 AED 400,000; 2026 AED 475,000New contract, July 2012: AED 250,000 a yearNew contract, July 2016: AED 279,000 a yearNew contract, July 2017: AED 240,000 a yearNew contract, July 2018: AED 240,000 a yearRenewal, January 2019: AED 240,000 a yearNew contract, July 2019: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Mirador, and where V240 sits

All 129 5-beds →

V240 last sold in November 2019 at AED 781 per sqft, in line with what five-beds in Mirador were fetching at the time (AED 782). Over the last 12 months five-beds sold for AED 12,250,000, around AED 2,665 per sqft, and rent for AED 330,000 to 525,000 a year. V240's AED 240,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
7 Jan 202612,250,000
14 Oct 202510,600,000
6 Oct 202510,450,000
21 Aug 202512,100,000
1 5-bed sale 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 →

V240, Mirador in numbers

  • Sold twice: first on 8 July 2008 for AED 2,369,888, last on 17 November 2019 for AED 3,525,000 (AED 781 per sqft).
  • Rented since July 2012 on 6 Ejari contracts, from AED 250,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 13,900 a year (AED 3.08 per sqft).
  • Five-beds in Mirador sold for AED 12,250,000–12,250,000 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 November 2019.

Questions about V240, Mirador

What did villa V240 last sell for?

AED 3,525,000 on 17 November 2019: AED 781 per sqft for 4,513 sqft. The villa has 2 registered sales; the first was AED 2,369,888 in July 2008.

What is the rent for villa V240?

AED 240,000 a year on the contract signed on 5 July 2019. The previous contract, from January 2019, was AED 240,000; the villa has been rented since July 2012.

How big is villa V240?

4,513 sqft (419.3 sqm): a five-bedroom villa in Mirador, completed in 2008.

What is villa V240 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Mirador sold for AED 12,250,000 to 12,250,000 in the last 12 months, around AED 2,665 per sqft.

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Mortgage on V240, Mirador

Starts from the last sale price (AED 3.53M, 17 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,525,000
Deposit, UAE resident (20%)
AED 705,000
Deposit, non-resident (40%)
AED 1,410,000
Monthly over 25 years at 3.7%
AED 14,422

Plus AED 153,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →