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6-bed · 5,259 sqftMirador, Arabian Ranches · completed 2008

V241, Mirador

Sold prices and rental history: sold twice, last in November 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V241 · DLD and Ejari recordsUpdated 5 February 2016
Last soldAED 6.25M24 November 2014
Current rentAED 362K /yr5 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V241, Mirador

What is V241 worth today?

Last sold for AED 6,250,000 in 2014

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5 Feb 2016RentedRenewal
AED 362,250/yr12 months · AED 69 per sqft
5 Feb 2015RentedNew contract
AED 345,000/yr12 months · AED 66 per sqft
24 Nov 2014SoldReady
AED 6,250,000AED 1,188 per sqft
11 Feb 2008Sold by developerReady
AED 4,800,000AED 912 per sqft

Source: Dubai Land Department. Updated 5 February 2016.

Key facts

Type
6-bed villa
Size
5,259 sqft
Developer
Emaar
Completed
2008
Service charge
AED 16,200 /yr
Last sold
AED 6.25M · November 2014
Community
Mirador

About V241, Mirador

V241 is a six-bedroom villa of 5,259 sqft in Mirador, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 24 November 2014 for AED 6,250,000, or AED 1,188 per sqft, 8% below the AED 1,293 six-beds in the community were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 5 February 2016, is AED 362,250 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 16,200 a year.

Sales and rents for V241 over time

Sales
Villa V241, 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, February 2008: AED 4,800,000 (AED 912 per sqft)Sold, November 2014: AED 6,250,000 (AED 1,188 per sqft)

V241 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V241, 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, February 2015: AED 345,000 a yearRenewal, February 2016: AED 362,250 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 V241 sits

All 64 6-beds →

V241 last sold in November 2014 at AED 1,188 per sqft, 8% below what six-beds in Mirador were fetching at the time (AED 1,293). 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. V241's AED 362,250 is in the lower half 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 →

V241, Mirador in numbers

  • Sold twice: first on 11 February 2008 for AED 4,800,000, last on 24 November 2014 for AED 6,250,000 (AED 1,188 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, from AED 345,000 to AED 362,250 a year.
  • At AED 362,250 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 16,200 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 5 February 2016.

Questions about V241, Mirador

What did villa V241 last sell for?

AED 6,250,000 on 24 November 2014: AED 1,188 per sqft for 5,259 sqft. The villa has 2 registered sales; the first was AED 4,800,000 in February 2008.

What is the rent for villa V241?

AED 362,250 a year on the contract renewed on 5 February 2016. The previous contract, from February 2015, was AED 345,000.

How big is villa V241?

5,259 sqft (488.6 sqm): a six-bedroom villa in Mirador, completed in 2008.

What is villa V241 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 V241, Mirador

Starts from the last sale price (AED 6.25M, 24 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,250,000
Deposit, UAE resident (20%)
AED 1,250,000
Deposit, non-resident (40%)
AED 2,500,000
Monthly over 25 years at 3.7%
AED 25,571

Plus AED 267,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →