6-bed · 9,415 sqftPolo Homes, Arabian Ranches · completed 2011

V028, Polo Homes

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V028 · DLD and Ejari recordsUpdated 10 June 2022
Last soldAED 18M10 June 2022
Current rentAED 578K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V028, Polo Homes

What is V028 worth today?

Last sold for AED 18,000,000 in 2022

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10 Jun 2022SoldReady
AED 18,000,000AED 1,911 per sqft
1 Oct 2019RentedRenewal
AED 577,500/yr12 months · AED 61 per sqft
1 Oct 2018RentedRenewal
AED 550,000/yr12 months · AED 58 per sqft
1 Oct 2017RentedNew contract
AED 550,000/yr12 months · AED 58 per sqft
14 Jul 2016RentedNew contract
AED 700,000/yr12 months · AED 74 per sqft
24 Apr 2013Sold by developerReady
AED 10,607,888AED 1,126 per sqft

Source: Dubai Land Department. Updated 10 June 2022.

Key facts

Type
6-bed villa
Size
9,415 sqft
Developer
Emaar
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 18M · June 2022
Community
Polo Homes

About V028, Polo Homes

V028 is a six-bedroom villa of 9,415 sqft in Polo Homes, a villa community in Arabian Ranches completed in 2011 by Emaar. It last sold on 10 June 2022 for AED 18,000,000, or AED 1,911 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 October 2019, is AED 577,500 a year: a gross yield of 3.2% on the 2022 price, before the service charge of about AED 9,900 a year.

Sales and rents for V028 over time

Sales
Villa V028, each saleTypical six-bed in Polo Homes
20M2011201520192023Typical sale price by year: 2011 AED 8,250,000; 2012 AED 9,602,644; 2013 AED 10,669,888; 2014 AED 8,375,000; 2015 AED 7,843,320; 2016 AED 9,514,444; 2017 AED 8,142,444; 2020 AED 8,812,444; 2022 AED 15,030,000; 2023 AED 19,450,000; 2024 AED 23,562,500; 2025 AED 32,625,000Sold by developer, April 2013: AED 10,607,888 (AED 1,126 per sqft)Sold, June 2022: AED 18,000,000 (AED 1,911 per sqft)

V028 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V028, each contractTypical six-bed in Polo Homes
500K1M2015201820212024Typical rent by year: 2015 AED 750,000; 2016 AED 700,000; 2017 AED 710,000; 2018 AED 585,000; 2019 AED 563,750; 2020 AED 612,500; 2021 AED 600,000; 2022 AED 1,300,000; 2023 AED 1,050,000; 2024 AED 1,150,500; 2025 AED 1,300,000New contract, July 2016: AED 700,000 a yearNew contract, October 2017: AED 550,000 a yearRenewal, October 2018: AED 550,000 a yearRenewal, October 2019: AED 577,500 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 Polo Homes, and where V028 sits

All 50 6-beds →
Recent 6-bed salesVilla no.Price (AED)Summary
10 Nov 202530,750,000
18 Jul 202520,500,000
1 May 202536,700,000
14 Mar 202534,500,000
0 6-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 →

V028, Polo Homes in numbers

  • Sold twice: first on 24 April 2013 for AED 10,607,888, last on 10 June 2022 for AED 18,000,000 (AED 1,911 per sqft).
  • Rented since July 2016 on 4 Ejari contracts, from AED 700,000 to AED 577,500 a year.
  • At AED 577,500 a year the gross yield on the 2022 price is 3.2%, before a service charge of about AED 9,900 a year (AED 1.05 per sqft).

Source: Dubai Land Department. Updated 10 June 2022.

Questions about V028, Polo Homes

What did villa V028 last sell for?

AED 18,000,000 on 10 June 2022: AED 1,911 per sqft for 9,415 sqft. The villa has 2 registered sales; the first was AED 10,607,888 in April 2013.

What is the rent for villa V028?

AED 577,500 a year on the contract renewed on 1 October 2019. The previous contract, from October 2018, was AED 550,000; the villa has been rented since July 2016.

How big is villa V028?

9,415 sqft (874.7 sqm): a six-bedroom villa in Polo Homes, completed in 2011.

What is villa V028 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 V028, Polo Homes

Starts from the last sale price (AED 18M, 10 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 18,000,000
Deposit, UAE resident (20%)
AED 3,600,000
Deposit, non-resident (40%)
AED 7,200,000
Monthly over 25 years at 3.7%
AED 73,644

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