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3-bed · 3,538 sqftSaheel, Arabian Ranches · completed 2005

V702, Saheel

Sold prices and rental history: sold 3 times, last in January 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V702 · DLD and Ejari recordsUpdated 9 January 2017
Last soldAED 3.8M9 January 2017
Current rentAED 225K /yr30 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V702, Saheel

What is V702 worth today?

Last sold for AED 3,800,000 in 2017

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9 Jan 2017SoldReady
AED 3,800,000AED 1,073 per sqft
30 Nov 2016RentedRenewal
AED 225,000/yr12 months · AED 64 per sqft
30 Nov 2015RentedNew contract
AED 225,000/yr12 months · AED 64 per sqft
17 Sep 2013RentedNew contract
AED 240,000/yr12 months · AED 68 per sqft
24 May 2010SoldReady
AED 2,200,000AED 621 per sqft
2 Sep 2007Sold by developerReady
AED 1,097,444AED 310 per sqft

Source: Dubai Land Department. Updated 9 January 2017.

Key facts

Type
3-bed villa
Size
3,538 sqft
Developer
Emaar
Completed
2005
Service charge
AED 10,900 /yr
Last sold
AED 3.8M · January 2017
Community
Saheel

About V702, Saheel

V702 is a three-bedroom villa of 3,538 sqft in Saheel, a villa community in Arabian Ranches completed in 2005 by Emaar. It last sold on 9 January 2017 for AED 3,800,000, or AED 1,073 per sqft, in line with the AED 1,054 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 30 November 2016, is AED 225,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 10,900 a year.

Sales and rents for V702 over time

Sales
Villa V702, 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 2007: AED 1,097,444 (AED 310 per sqft)Sold, May 2010: AED 2,200,000 (AED 621 per sqft)Sold, January 2017: AED 3,800,000 (AED 1,073 per sqft)

V702 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V702, 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, September 2013: AED 240,000 a yearNew contract, November 2015: AED 225,000 a yearRenewal, November 2016: AED 225,000 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 V702 sits

All 540 3-beds →

V702 last sold in January 2017 at AED 1,073 per sqft, in line with what three-beds in Saheel were fetching at the time (AED 1,054). 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. V702's AED 225,000 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 →

V702, Saheel in numbers

  • Sold 3 times: first on 2 September 2007 for AED 1,097,444, last on 9 January 2017 for AED 3,800,000 (AED 1,073 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 240,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 10,900 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 9 January 2017.

Questions about V702, Saheel

What did villa V702 last sell for?

AED 3,800,000 on 9 January 2017: AED 1,073 per sqft for 3,538 sqft. The villa has 3 registered sales; the first was AED 1,097,444 in September 2007.

What is the rent for villa V702?

AED 225,000 a year on the contract renewed on 30 November 2016. The previous contract, from November 2015, was AED 225,000; the villa has been rented since September 2013.

How big is villa V702?

3,538 sqft (328.7 sqm): a three-bedroom villa in Saheel, completed in 2005.

What is villa V702 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 V702, Saheel

Starts from the last sale price (AED 3.8M, 9 January 2017). 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 →