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

V071, Polo Homes

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V071 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 11.5M25 November 2022
Current rentAED 1.1M /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V071, Polo Homes

What is V071 worth today?

Last sold for AED 11,500,000 in 2022

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1 Apr 2024RentedNew contract
AED 1,100,000/yr12 months · AED 135 per sqft
25 Nov 2022SoldReady
AED 11,500,000AED 1,410 per sqft
16 Jun 2021RentedRenewal
AED 300,000/yr12 months · AED 37 per sqft
16 Jun 2019RentedNew contract
AED 300,000/yr12 months · AED 37 per sqft
1 Mar 2017RentedRenewal
AED 550,000/yr12 months · AED 67 per sqft
17 Jul 2011Sold by developerOff-plan
AED 8,000,000AED 981 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
6-bed villa
Size
8,152 sqft
Developer
Emaar
Completed
2011
Service charge
AED 8,600 /yr
Last sold
AED 11.5M · November 2022
Community
Polo Homes

About V071, Polo Homes

V071 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 25 November 2022 for AED 11,500,000, or AED 1,410 per sqft, 22% below the AED 1,805 six-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 April 2024, is AED 1,100,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 8,600 a year.

Sales and rents for V071 over time

Sales
Villa V071, 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, July 2011: AED 8,000,000 (AED 981 per sqft)Sold, November 2022: AED 11,500,000 (AED 1,410 per sqft)

V071 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V071, 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 1,300,000Renewal, March 2017: AED 550,000 a yearNew contract, June 2019: AED 300,000 a yearRenewal, June 2021: AED 300,000 a yearNew contract, April 2024: AED 1,100,000 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 V071 sits

All 50 6-beds →

V071 last sold in November 2022 at AED 1,410 per sqft, 22% below what six-beds in Polo Homes were fetching at the time (AED 1,805).

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 →

V071, Polo Homes in numbers

  • Sold twice: first on 17 July 2011 for AED 8,000,000, last on 25 November 2022 for AED 11,500,000 (AED 1,410 per sqft).
  • Rented since March 2017 on 4 Ejari contracts. The rent fell from AED 550,000 to AED 300,000 in 2021 and recovered to AED 1,100,000 by April 2024.
  • At AED 1,100,000 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 8,600 a year (AED 1.05 per sqft).

Source: Dubai Land Department. Updated 1 April 2024.

Questions about V071, Polo Homes

What did villa V071 last sell for?

AED 11,500,000 on 25 November 2022: AED 1,410 per sqft for 8,152 sqft. The villa has 2 registered sales; the first was AED 8,000,000 in July 2011.

What is the rent for villa V071?

AED 1,100,000 a year on the contract signed on 1 April 2024. The previous contract, from June 2021, was AED 300,000; the villa has been rented since March 2017.

How big is villa V071?

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

What is villa V071 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 V071, Polo Homes

Starts from the last sale price (AED 11.5M, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 11,500,000
Deposit, UAE resident (20%)
AED 2,300,000
Deposit, non-resident (40%)
AED 4,600,000
Monthly over 25 years at 3.7%
AED 47,050

Plus AED 488,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →