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

V703, Saheel

Sold prices and rental history: sold 3 times, last in February 2015, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V703 · DLD and Ejari recordsUpdated 16 February 2015
Last soldAED 4M16 February 2015
Current rentAED 220K /yr20 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V703, Saheel

What is V703 worth today?

Last sold for AED 4,000,000 in 2015

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16 Feb 2015SoldReady
AED 4,000,000AED 1,075 per sqft
12 Oct 2014SoldReady
AED 3,605,000AED 969 per sqft
20 Sep 2013RentedNew contract
AED 220,000/yr12 months · AED 59 per sqft
19 Apr 2010Sold by developerReady
AED 3,850,000AED 1,035 per sqft

Source: Dubai Land Department. Updated 16 February 2015.

Key facts

Type
3-bed villa
Size
3,719 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,500 /yr
Last sold
AED 4M · February 2015
Community
Saheel

About V703, Saheel

V703 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 16 February 2015 for AED 4,000,000, or AED 1,075 per sqft, 13% below the AED 1,230 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 20 September 2013. The current contract, signed on 20 September 2013, is AED 220,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 11,500 a year.

Sales and rents for V703 over time

Sales
Villa V703, 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, April 2010: AED 3,850,000 (AED 1,035 per sqft)Sold, October 2014: AED 3,605,000 (AED 969 per sqft)Sold, February 2015: AED 4,000,000 (AED 1,075 per sqft)

V703 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V703, 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 220,000 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 V703 sits

All 540 3-beds →

V703 last sold in February 2015 at AED 1,075 per sqft, 13% below what three-beds in Saheel were fetching at the time (AED 1,230). 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. V703's AED 220,000 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 →

V703, Saheel in numbers

  • Sold 3 times: first on 19 April 2010 for AED 3,850,000, last on 16 February 2015 for AED 4,000,000 (AED 1,075 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2015 price is 5.5%, 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 16 February 2015.

Questions about V703, Saheel

What did villa V703 last sell for?

AED 4,000,000 on 16 February 2015: AED 1,075 per sqft for 3,719 sqft. The villa has 3 registered sales; the first was AED 3,850,000 in April 2010.

What is the rent for villa V703?

AED 220,000 a year on the contract signed on 20 September 2013.

How big is villa V703?

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

What is villa V703 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 V703, Saheel

Starts from the last sale price (AED 4M, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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