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

V040, Polo Homes

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V040 · DLD and Ejari recordsUpdated 26 December 2023
Last soldAED 6.08M30 April 2015
Current rentAED 660K /yr26 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V040, Polo Homes

What is V040 worth today?

Last sold for AED 6,077,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Dec 2023RentedRenewal
AED 660,000/yr12 months · AED 81 per sqft
26 Dec 2023RentedRenewal
AED 660,000/yr12 months · AED 81 per sqft
26 Dec 2023RentedRenewal
AED 660,000/yr12 months · AED 81 per sqft
7 Dec 2022RentedRenewal
AED 600,000/yr13 months · AED 74 per sqft
31 Oct 2020RentedNew contract
AED 475,000/yr12 months · AED 58 per sqft
7 Dec 2016RentedNew contract
AED 675,000/yr36 months · AED 83 per sqft
1 Oct 2015RentedNew contract
AED 620,000/yr12 months · AED 76 per sqft
30 Apr 2015Sold by developerReady
AED 6,077,888AED 745 per sqft

Source: Dubai Land Department. Updated 26 December 2023.

Key facts

Type
6-bed villa
Size
8,152 sqft
Developer
Emaar
Completed
2011
Service charge
AED 8,600 /yr
Last sold
AED 6.08M · April 2015
Community
Polo Homes

About V040, Polo Homes

V040 is a six-bedroom villa of 8,152 sqft in Polo Homes, a villa community in Arabian Ranches completed in 2011 by Emaar. The developer sold it on 30 April 2015 for AED 6,077,888, or AED 745 per sqft, 6% below the AED 792 six-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 26 December 2023, is AED 660,000 a year: a gross yield of 10.9% on the 2015 price, before the service charge of about AED 8,600 a year.

Sales and rents for V040 over time

Sales
Villa V040, 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 2015: AED 6,077,888 (AED 745 per sqft)

V040 has sold once; the dashed line is the six-bed median of each year in the community.

Rents
Villa V040, 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, October 2015: AED 620,000 a yearNew contract, December 2016: AED 675,000 a yearNew contract, October 2020: AED 475,000 a yearRenewal, December 2022: AED 600,000 a yearRenewal, December 2023: AED 660,000 a yearRenewal, December 2023: AED 660,000 a yearRenewal, December 2023: AED 660,000 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 V040 sits

All 50 6-beds →

V040 last sold in April 2015 at AED 745 per sqft, 6% below what six-beds in Polo Homes were fetching at the time (AED 792).

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 →

V040, Polo Homes in numbers

  • Sold once: by Emaar on 30 April 2015 for AED 6,077,888, or AED 745 per sqft.
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 620,000 to AED 475,000 in 2020 and recovered to AED 660,000 by December 2023.
  • At AED 660,000 a year the gross yield on the 2015 price is 10.9%, before a service charge of about AED 8,600 a year (AED 1.05 per sqft).

Source: Dubai Land Department. Updated 26 December 2023.

Questions about V040, Polo Homes

What did villa V040 last sell for?

AED 6,077,888 on 30 April 2015, sold by the developer: AED 745 per sqft for 8,152 sqft. It is the only registered sale of the villa.

What is the rent for villa V040?

AED 660,000 a year on the contract renewed on 26 December 2023. The previous contract, from December 2023, was AED 660,000; the villa has been rented since October 2015.

How big is villa V040?

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

What is villa V040 worth today?

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

Selling V040? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V040, Polo Homes

Starts from the last sale price (AED 6.08M, 30 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 6,077,888
Deposit, UAE resident (20%)
AED 1,215,578
Deposit, non-resident (40%)
AED 2,431,155
Monthly over 25 years at 3.7%
AED 24,867

Plus AED 260,282 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →