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

V059, Polo Homes

Sold prices and rental history: sold twice, last in August 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V059 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 22M12 August 2024
Current rentAED 385K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V059, Polo Homes

What is V059 worth today?

Last sold for AED 22,000,000 in 2024

Unlock today's estimate, updated daily, with

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

12 Aug 2024SoldReady
AED 22,000,000AED 3,079 per sqft
1 Sep 2021RentedRenewal
AED 385,000/yr12 months · AED 54 per sqft
1 Sep 2019RentedNew contract
AED 350,000/yr12 months · AED 49 per sqft
18 Jul 2011Sold by developerOff-plan
AED 13,119,956AED 1,836 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
5-bed villa
Size
7,145 sqft
Developer
Emaar
Completed
2011
Service charge
AED 7,500 /yr
Last sold
AED 22M · August 2024
Community
Polo Homes

About V059, Polo Homes

V059 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 12 August 2024 for AED 22,000,000, or AED 3,079 per sqft, 6% above the AED 2,915 five-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 385,000 a year: a gross yield of 1.8% on the 2024 price, before the service charge of about AED 7,500 a year.

Sales and rents for V059 over time

Sales
Villa V059, 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, July 2011: AED 13,119,956 (AED 1,836 per sqft)Sold, August 2024: AED 22,000,000 (AED 3,079 per sqft)

V059 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V059, each contractTypical five-bed in Polo Homes
400K20152017201920212023Typical 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, September 2019: AED 350,000 a yearRenewal, September 2021: AED 385,000 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 V059 sits

All 18 5-beds →

V059 last sold in August 2024 at AED 3,079 per sqft, 6% above what five-beds in Polo Homes were fetching at the time (AED 2,915).

Recent 5-bed salesVilla no.Price (AED)Summary
24 Oct 202519,700,000
19 Jun 202543,500,000
21 Apr 202520,650,000
1 Jul 202419,650,000
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 →

V059, Polo Homes in numbers

  • Sold twice: first on 18 July 2011 for AED 13,119,956, last on 12 August 2024 for AED 22,000,000 (AED 3,079 per sqft).
  • Rented since September 2019 on 2 Ejari contracts, from AED 350,000 to AED 385,000 a year.
  • At AED 385,000 a year the gross yield on the 2024 price is 1.8%, before a service charge of about AED 7,500 a year (AED 1.05 per sqft).

Source: Dubai Land Department. Updated 12 August 2024.

Questions about V059, Polo Homes

What did villa V059 last sell for?

AED 22,000,000 on 12 August 2024: AED 3,079 per sqft for 7,145 sqft. The villa has 2 registered sales; the first was AED 13,119,956 in July 2011.

What is the rent for villa V059?

AED 385,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2019, was AED 350,000.

How big is villa V059?

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

What is villa V059 worth today?

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

Selling V059? 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 V059, Polo Homes

Starts from the last sale price (AED 22M, 12 August 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →