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3-bed · 3,719 sqftSaheel, Arabian Ranches · completed 2005

V588, Saheel

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V588 · DLD and Ejari recordsUpdated 23 June 2019
Last soldAED 3.1M23 June 2019
Current rentAED 210K /yr20 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V588, Saheel

What is V588 worth today?

Last sold for AED 3,100,000 in 2019

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23 Jun 2019SoldReady
AED 3,100,000AED 833 per sqft
20 Jun 2018RentedNew contract
AED 210,000/yr12 months · AED 56 per sqft
20 Jun 2017RentedNew contract
AED 220,000/yr12 months · AED 59 per sqft
4 Jun 2016RentedNew contract
AED 240,000/yr12 months · AED 65 per sqft
27 Jun 2015RentedNew contract
AED 350,000/yr12 months · AED 94 per sqft
7 Sep 2008Sold by developerReady
AED 3,520,000AED 946 per sqft

Source: Dubai Land Department. Updated 23 June 2019.

Key facts

Type
3-bed villa
Size
3,719 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,500 /yr
Last sold
AED 3.1M · June 2019
Community
Saheel

About V588, Saheel

V588 is a three-bedroom villa of 3,719 sqft in Saheel, a villa community in Arabian Ranches completed in 2005 by Emaar. It last sold on 23 June 2019 for AED 3,100,000, or AED 833 per sqft, in line with the AED 825 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 20 June 2018, is AED 210,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 11,500 a year.

Sales and rents for V588 over time

Sales
Villa V588, each saleTypical three-bed in Saheel
05M2006201220182024Typical sale price by year: 2006 AED 1,724,388; 2007 AED 1,108,888; 2008 AED 2,192,888; 2009 AED 2,064,888; 2010 AED 2,308,888; 2011 AED 2,328,444; 2012 AED 3,150,000; 2013 AED 3,900,000; 2014 AED 4,400,000; 2015 AED 3,900,000; 2016 AED 3,800,000; 2017 AED 3,700,000; 2018 AED 3,200,000; 2019 AED 2,900,000; 2020 AED 2,925,000; 2021 AED 3,687,500; 2022 AED 4,625,000; 2023 AED 5,700,000; 2024 AED 6,750,000; 2025 AED 8,525,000; 2026 AED 6,800,000Sold by developer, September 2008: AED 3,520,000 (AED 946 per sqft)Sold, June 2019: AED 3,100,000 (AED 833 per sqft)

V588 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V588, each contractTypical three-bed in Saheel
200K300K20112015201920232027Typical rent by year: 2011 AED 182,500; 2012 AED 195,000; 2013 AED 210,000; 2014 AED 225,000; 2015 AED 230,000; 2016 AED 225,000; 2017 AED 215,000; 2018 AED 190,000; 2019 AED 180,000; 2020 AED 165,000; 2021 AED 175,000; 2022 AED 191,250; 2023 AED 240,000; 2024 AED 285,000; 2025 AED 300,000; 2026 AED 310,000New contract, June 2015: AED 350,000 a yearNew contract, June 2016: AED 240,000 a yearNew contract, June 2017: AED 220,000 a yearNew contract, June 2018: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Saheel, and where V588 sits

All 540 3-beds →

V588 last sold in June 2019 at AED 833 per sqft, in line with what three-beds in Saheel were fetching at the time (AED 825). Over the last 12 months three-beds sold for AED 5,350,000 to 11,200,000, around AED 2,204 per sqft, and rent for AED 169,125 to 420,000 a year. V588's AED 210,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
16 Feb 20268,300,000
12 Feb 20268,650,000
27 Jan 20266,000,000
27 Jan 20267,200,000
21 3-bed sales in the last 12 months

Saheel

Community

828 villas, 3-bed to 5-bed in Arabian Ranches, completed in 2005 by Emaar. 23 sold in the last 12 months.

Typical price per sqft
AED 2,165 Down 5.6%
Typical sale
AED 8.3M
Typical rent
AED 330K /yr
Typical yield
3.9%
Saheel, Arabian Ranches: prices, sales and rents →

V588, Saheel in numbers

  • Sold twice: first on 7 September 2008 for AED 3,520,000, last on 23 June 2019 for AED 3,100,000 (AED 833 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 350,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 11,500 a year (AED 3.08 per sqft).
  • Three-beds in Saheel sold for AED 5,350,000–11,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,165 per sqft.

Source: Dubai Land Department. Updated 23 June 2019.

Questions about V588, Saheel

What did villa V588 last sell for?

AED 3,100,000 on 23 June 2019: AED 833 per sqft for 3,719 sqft. The villa has 2 registered sales; the first was AED 3,520,000 in September 2008.

What is the rent for villa V588?

AED 210,000 a year on the contract signed on 20 June 2018. The previous contract, from June 2017, was AED 220,000; the villa has been rented since June 2015.

How big is villa V588?

3,719 sqft (345.5 sqm): a three-bedroom villa in Saheel, completed in 2005.

What is villa V588 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Saheel sold for AED 5,350,000 to 11,200,000 in the last 12 months, around AED 2,204 per sqft.

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Mortgage on V588, Saheel

Starts from the last sale price (AED 3.1M, 23 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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