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5-bed · 4,596 sqftMirador, Arabian Ranches · completed 2008

V248, Mirador

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V248 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 3.5M10 November 2023
Current rentAED 475K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V248, Mirador

What is V248 worth today?

Last sold for AED 3,500,000 in 2023

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15 Jan 2025RentedRenewal
AED 475,000/yr12 months · AED 103 per sqft
15 Jan 2024RentedNew contract
AED 475,000/yr12 months · AED 103 per sqft
10 Nov 2023SoldReady
AED 3,500,000AED 761 per sqft
5 Nov 2022RentedRenewal
AED 231,756/yr9 months · AED 50 per sqft
5 Nov 2021RentedRenewal
AED 220,000/yr12 months · AED 48 per sqft
5 Nov 2019RentedNew contract
AED 220,000/yr12 months · AED 48 per sqft
20 Oct 2016RentedRenewal
AED 300,000/yr12 months · AED 65 per sqft
20 Oct 2014RentedNew contract
AED 300,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
5-bed villa
Size
4,596 sqft
Developer
Emaar
Completed
2008
Service charge
AED 14,200 /yr
Last sold
AED 3.5M · November 2023
Community
Mirador

About V248, Mirador

V248 is a five-bedroom villa of 4,596 sqft in Mirador, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 10 November 2023 for AED 3,500,000, or AED 761 per sqft, 43% below the AED 1,327 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 475,000 a year: a gross yield of 13.6% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for V248 over time

Sales
Villa V248, 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, November 2007: AED 2,472,888 (AED 538 per sqft)Sold, July 2009: AED 3,500,000 (AED 761 per sqft)Sold, November 2023: AED 3,500,000 (AED 761 per sqft)

V248 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V248, 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, October 2013: AED 300,000 a yearNew contract, October 2013: AED 300,000 a yearNew contract, October 2014: AED 300,000 a yearRenewal, October 2016: AED 300,000 a yearNew contract, November 2019: AED 220,000 a yearRenewal, November 2021: AED 220,000 a yearRenewal, November 2022: AED 231,756 a yearNew contract, January 2024: AED 475,000 a yearRenewal, January 2025: AED 475,000 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 V248 sits

All 129 5-beds →

V248 last sold in November 2023 at AED 761 per sqft, 43% below what five-beds in Mirador were fetching at the time (AED 1,327). 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. V248's AED 475,000 is in the upper half 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 →

V248, Mirador in numbers

  • Sold 3 times: first on 12 November 2007 for AED 2,472,888, last on 10 November 2023 for AED 3,500,000 (AED 761 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 300,000 to AED 220,000 in 2021 and recovered to AED 475,000 by January 2025.
  • At AED 475,000 a year the gross yield on the 2023 price is 13.6%, before a service charge of about AED 14,200 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 15 January 2025.

Questions about V248, Mirador

What did villa V248 last sell for?

AED 3,500,000 on 10 November 2023: AED 761 per sqft for 4,596 sqft. The villa has 3 registered sales; the first was AED 2,472,888 in November 2007.

What is the rent for villa V248?

AED 475,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2024, was AED 475,000; the villa has been rented since October 2013.

How big is villa V248?

4,596 sqft (427.0 sqm): a five-bedroom villa in Mirador, completed in 2008.

What is villa V248 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 V248, Mirador

Starts from the last sale price (AED 3.5M, 10 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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