5-bed · 7,145 sqftPolo Homes, Arabian Ranches · completed 2011

V024, Polo Homes

Sold prices and rental history: sold twice, last in December 2013, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V024 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 16.75M5 December 2013
Current rentAED 200K /yr16 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V024, Polo Homes

What is V024 worth today?

Last sold for AED 16,750,000 in 2013

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16 Nov 2022RentedNew contract
AED 200,000/yr24 months · AED 28 per sqft
1 Oct 2017RentedNew contract
AED 300,000/yr36 months · AED 42 per sqft
5 Dec 2013SoldReady
AED 16,750,000AED 2,344 per sqft
23 Oct 2013Sold by developerReady
AED 7,003,178AED 980 per sqft

Source: Dubai Land Department. Updated 16 November 2022.

Key facts

Type
5-bed villa
Size
7,145 sqft
Developer
Emaar
Completed
2011
Service charge
AED 7,500 /yr
Last sold
AED 16.75M · December 2013
Community
Polo Homes

About V024, Polo Homes

V024 is a five-bedroom villa of 7,145 sqft in Polo Homes, a villa community in Arabian Ranches completed in 2011 by Emaar. It last sold on 5 December 2013 for AED 16,750,000, or AED 2,344 per sqft, 121% above the AED 1,063 five-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 16 November 2022, is AED 200,000 a year: a gross yield of 1.2% on the 2013 price, before the service charge of about AED 7,500 a year.

Sales and rents for V024 over time

Sales
Villa V024, each saleTypical five-bed in Polo Homes
10M20M2011201520192023Typical sale price by year: 2011 AED 6,995,932; 2012 AED 10,364,827; 2013 AED 7,600,000; 2016 AED 9,400,000; 2020 AED 7,700,000; 2021 AED 11,350,000; 2024 AED 20,825,000; 2025 AED 20,650,000Sold by developer, October 2013: AED 7,003,178 (AED 980 per sqft)Sold, December 2013: AED 16,750,000 (AED 2,344 per sqft)

V024 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V024, each contractTypical five-bed in Polo Homes
200K400K201520182021Typical rent by year: 2015 AED 382,500; 2016 AED 435,750; 2017 AED 385,000; 2018 AED 380,000; 2019 AED 382,500; 2020 AED 385,000; 2021 AED 390,000; 2022 AED 462,500New contract, October 2017: AED 300,000 a yearNew contract, November 2022: AED 200,000 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 Polo Homes, and where V024 sits

All 18 5-beds →

V024 last sold in December 2013 at AED 2,344 per sqft, 121% above what five-beds in Polo Homes were fetching at the time (AED 1,063).

Recent 5-bed salesVilla no.Price (AED)Summary
24 Oct 202519,700,000
19 Jun 202543,500,000
21 Apr 202520,650,000
12 Aug 202422,000,000
0 5-bed sales in the last 12 months

Polo Homes

Community

69 villas, 5-bed to 7-bed in Arabian Ranches, completed in 2011 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 850K /yr
Typical yield
Polo Homes, Arabian Ranches: prices, sales and rents →

V024, Polo Homes in numbers

  • Sold twice: first on 23 October 2013 for AED 7,003,178, last on 5 December 2013 for AED 16,750,000 (AED 2,344 per sqft).
  • Rented since October 2017 on 2 Ejari contracts, from AED 300,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2013 price is 1.2%, before a service charge of about AED 7,500 a year (AED 1.05 per sqft).

Source: Dubai Land Department. Updated 16 November 2022.

Questions about V024, Polo Homes

What did villa V024 last sell for?

AED 16,750,000 on 5 December 2013: AED 2,344 per sqft for 7,145 sqft. The villa has 2 registered sales; the first was AED 7,003,178 in October 2013.

What is the rent for villa V024?

AED 200,000 a year on the contract signed on 16 November 2022. The previous contract, from October 2017, was AED 300,000.

How big is villa V024?

7,145 sqft (663.8 sqm): a five-bedroom villa in Polo Homes, completed in 2011.

What is villa V024 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V024, Polo Homes

Starts from the last sale price (AED 16.75M, 5 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 16,750,000
Deposit, UAE resident (20%)
AED 3,350,000
Deposit, non-resident (40%)
AED 6,700,000
Monthly over 25 years at 3.7%
AED 68,529

Plus AED 708,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →