5-bed · 4,894 sqftSaheel, Arabian Ranches · completed 2005

V623, Saheel

Sold prices and rental history: sold 5 times, last in June 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V623 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 3.8M16 June 2020
Current rentAED 800K /yr11 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V623, Saheel

What is V623 worth today?

Last sold for AED 3,800,000 in 2020

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11 Jun 2024RentedNew contract
AED 800,000/yr12 months · AED 163 per sqft
1 Apr 2022RentedNew contract
AED 800,000/yr12 months · AED 163 per sqft
16 Jun 2020SoldReady
AED 3,800,000AED 776 per sqft
1 Jan 2016RentedNew contract
AED 150,000/yr48 months · AED 31 per sqft
30 May 2013SoldReady
AED 4,500,000AED 919 per sqft
16 Dec 2009SoldReady
AED 4,000,000AED 817 per sqft
23 Jul 2007SoldReady
AED 1,588,444AED 324 per sqft
13 Mar 2007Sold by developerReady
AED 1,588,444AED 324 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
5-bed villa
Size
4,894 sqft
Developer
Emaar
Completed
2005
Service charge
AED 15,100 /yr
Last sold
AED 3.8M · June 2020
Community
Saheel

About V623, Saheel

V623 is a five-bedroom villa of 4,894 sqft in Saheel, a villa community in Arabian Ranches completed in 2005 by Emaar. It last sold on 16 June 2020 for AED 3,800,000, or AED 776 per sqft, in line with the AED 776 five-beds in the community were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 11 June 2024, is AED 800,000 a year: a gross yield of 21.1% on the 2020 price, before the service charge of about AED 15,100 a year.

Sales and rents for V623 over time

Sales
Villa V623, each saleTypical five-bed in Saheel
010M2007201220172022Typical sale price by year: 2007 AED 1,665,888; 2008 AED 2,928,944; 2009 AED 3,750,000; 2010 AED 3,950,000; 2011 AED 3,662,500; 2012 AED 4,600,000; 2013 AED 5,112,500; 2014 AED 6,275,000; 2015 AED 5,000,000; 2016 AED 5,425,000; 2017 AED 5,450,000; 2018 AED 4,550,000; 2019 AED 3,820,000; 2020 AED 4,300,000; 2021 AED 5,025,000; 2022 AED 6,362,500; 2023 AED 8,500,000; 2024 AED 9,350,000; 2025 AED 13,300,000Sold by developer, March 2007: AED 1,588,444 (AED 324 per sqft)Sold, July 2007: AED 1,588,444 (AED 324 per sqft)Sold, December 2009: AED 4,000,000 (AED 817 per sqft)Sold, May 2013: AED 4,500,000 (AED 919 per sqft)Sold, June 2020: AED 3,800,000 (AED 776 per sqft)

V623 has sold 5 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V623, each contractTypical five-bed in Saheel
500K2012201620202024Typical rent by year: 2012 AED 275,000; 2013 AED 285,000; 2014 AED 310,000; 2015 AED 309,000; 2016 AED 295,000; 2017 AED 280,000; 2018 AED 260,000; 2019 AED 240,000; 2020 AED 235,000; 2021 AED 240,000; 2022 AED 265,000; 2023 AED 367,500; 2024 AED 400,000; 2025 AED 440,000; 2026 AED 470,000New contract, January 2016: AED 150,000 a yearNew contract, April 2022: AED 800,000 a yearNew contract, June 2024: AED 800,000 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 Saheel, and where V623 sits

All 288 5-beds →

V623 last sold in June 2020 at AED 776 per sqft, in line with what five-beds in Saheel were fetching at the time (AED 776). Over the last 12 months five-beds sold for AED 10,250,000 to 10,600,000, around AED 2,082 per sqft, and rent for AED 310,000 to 835,000 a year. V623's AED 800,000 is in the upper half of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
19 Jan 202610,250,000
23 Dec 202510,600,000
29 Oct 202514,000,000
15 Oct 202511,200,000
2 5-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 →

V623, Saheel in numbers

  • Sold 5 times: first on 13 March 2007 for AED 1,588,444, last on 16 June 2020 for AED 3,800,000 (AED 776 per sqft).
  • Rented since January 2016 on 3 Ejari contracts, from AED 150,000 to AED 800,000 a year.
  • At AED 800,000 a year the gross yield on the 2020 price is 21.1%, before a service charge of about AED 15,100 a year (AED 3.08 per sqft).
  • Five-beds in Saheel sold for AED 10,250,000–10,600,000 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 11 June 2024.

Questions about V623, Saheel

What did villa V623 last sell for?

AED 3,800,000 on 16 June 2020: AED 776 per sqft for 4,894 sqft. The villa has 5 registered sales; the first was AED 1,588,444 in March 2007.

What is the rent for villa V623?

AED 800,000 a year on the contract signed on 11 June 2024. The previous contract, from April 2022, was AED 800,000; the villa has been rented since January 2016.

How big is villa V623?

4,894 sqft (454.7 sqm): a five-bedroom villa in Saheel, completed in 2005.

What is villa V623 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Saheel sold for AED 10,250,000 to 10,600,000 in the last 12 months, around AED 2,082 per sqft.

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Mortgage on V623, Saheel

Starts from the last sale price (AED 3.8M, 16 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →