6-bed · 8,152 sqftPolo Homes, Arabian Ranches · completed 2011

V031, Polo Homes

Sold prices and rental history: sold 4 times, last in May 2024, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V031 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 22M31 May 2024
Current rentAED 200K /yr16 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V031, Polo Homes

What is V031 worth today?

Last sold for AED 22,000,000 in 2024

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31 May 2024SoldReady
AED 22,000,000AED 2,698 per sqft
22 Nov 2022SoldReady
AED 15,030,000AED 1,843 per sqft
16 Aug 2021RentedNew contract
AED 200,000/yr24 months · AED 25 per sqft
4 Oct 2018SoldReady
AED 7,150,000AED 877 per sqft
26 Mar 2015Sold by developerReady
AED 7,023,888AED 861 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
6-bed villa
Size
8,152 sqft
Developer
Emaar
Completed
2011
Service charge
AED 8,600 /yr
Last sold
AED 22M · May 2024
Community
Polo Homes

About V031, Polo Homes

V031 is a six-bedroom villa of 8,152 sqft in Polo Homes, a villa community in Arabian Ranches completed in 2011 by Emaar. It last sold on 31 May 2024 for AED 22,000,000, or AED 2,698 per sqft, 10% above the AED 2,444 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 16 August 2021. The current contract, signed on 16 August 2021, is AED 200,000 a year: a gross yield of 0.9% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for V031 over time

Sales
Villa V031, 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, March 2015: AED 7,023,888 (AED 861 per sqft)Sold, October 2018: AED 7,150,000 (AED 877 per sqft)Sold, November 2022: AED 15,030,000 (AED 1,843 per sqft)Sold, May 2024: AED 22,000,000 (AED 2,698 per sqft)

V031 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V031, 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, August 2021: AED 200,000 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 V031 sits

All 50 6-beds →

V031 last sold in May 2024 at AED 2,698 per sqft, 10% above what six-beds in Polo Homes were fetching at the time (AED 2,444).

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 →

V031, Polo Homes in numbers

  • Sold 4 times: first on 26 March 2015 for AED 7,023,888, last on 31 May 2024 for AED 22,000,000 (AED 2,698 per sqft).
  • Rented since August 2021 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 0.9%, before a service charge of about AED 8,600 a year (AED 1.05 per sqft).

Source: Dubai Land Department. Updated 31 May 2024.

Questions about V031, Polo Homes

What did villa V031 last sell for?

AED 22,000,000 on 31 May 2024: AED 2,698 per sqft for 8,152 sqft. The villa has 4 registered sales; the first was AED 7,023,888 in March 2015.

What is the rent for villa V031?

AED 200,000 a year on the contract signed on 16 August 2021.

How big is villa V031?

8,152 sqft (757.3 sqm): a six-bedroom villa in Polo Homes, completed in 2011.

What is villa V031 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 V031, Polo Homes

Starts from the last sale price (AED 22M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 22,000,000
Deposit, UAE resident (20%)
AED 4,400,000
Deposit, non-resident (40%)
AED 8,800,000
Monthly over 25 years at 3.7%
AED 90,009

Plus AED 929,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →