3-bed · 3,324 sqftSavannah, Arabian Ranches · completed 2006

V061, Savannah

Sold prices and rental history: sold twice, last in October 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V061 · DLD and Ejari recordsUpdated 3 October 2018
Last soldAED 3M3 October 2018
Current rentAED 213K /yr15 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V061, Savannah

What is V061 worth today?

Last sold for AED 3,000,000 in 2018

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3 Oct 2018SoldReady
AED 3,000,000AED 902 per sqft
15 Mar 2017RentedRenewal
AED 212,850/yr12 months · AED 64 per sqft
15 Mar 2016RentedRenewal
AED 212,850/yr12 months · AED 64 per sqft
15 Mar 2015RentedRenewal
AED 212,850/yr12 months · AED 64 per sqft
15 Mar 2013RentedNew contract
AED 167,000/yr12 months · AED 50 per sqft
15 May 2007Sold by developerReady
AED 1,172,888AED 352 per sqft

Source: Dubai Land Department. Updated 3 October 2018.

Key facts

Type
3-bed villa
Size
3,324 sqft
Developer
Emaar
Completed
2006
Service charge
AED 10,200 /yr
Last sold
AED 3M · October 2018
Community
Savannah

About V061, Savannah

V061 is a three-bedroom villa of 3,324 sqft in Savannah, a villa community in Arabian Ranches completed in 2006 by Emaar. It last sold on 3 October 2018 for AED 3,000,000, or AED 902 per sqft, 12% below the AED 1,020 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 March 2017, is AED 212,850 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 10,200 a year.

Sales and rents for V061 over time

Sales
Villa V061, each saleTypical three-bed in Savannah
05M10M20072012201720222027Typical sale price by year: 2007 AED 1,115,388; 2008 AED 1,330,888; 2009 AED 1,950,000; 2010 AED 2,736,400; 2011 AED 2,650,000; 2012 AED 3,300,000; 2013 AED 4,200,000; 2014 AED 5,000,000; 2015 AED 3,900,000; 2016 AED 3,950,000; 2017 AED 4,025,000; 2018 AED 3,500,000; 2019 AED 3,200,000; 2020 AED 3,025,000; 2021 AED 4,200,000; 2022 AED 4,750,000; 2023 AED 6,025,000; 2024 AED 7,225,000; 2025 AED 11,250,000; 2026 AED 10,100,000Sold by developer, May 2007: AED 1,172,888 (AED 352 per sqft)Sold, October 2018: AED 3,000,000 (AED 902 per sqft)

V061 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V061, each contractTypical three-bed in Savannah
200K300K2012201620202024Typical rent by year: 2012 AED 210,000; 2013 AED 220,000; 2014 AED 235,000; 2015 AED 242,500; 2016 AED 235,000; 2017 AED 230,000; 2018 AED 200,000; 2019 AED 185,000; 2020 AED 175,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 260,000; 2024 AED 302,500; 2025 AED 313,136; 2026 AED 350,000New contract, March 2013: AED 167,000 a yearRenewal, March 2015: AED 212,850 a yearRenewal, March 2016: AED 212,850 a yearRenewal, March 2017: AED 212,850 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 Savannah, and where V061 sits

All 150 3-beds →

V061 last sold in October 2018 at AED 902 per sqft, 12% below what three-beds in Savannah were fetching at the time (AED 1,020). Over the last 12 months three-beds sold for AED 8,600,000 to 14,800,000, around AED 2,769 per sqft, and rent for AED 211,000 to 600,000 a year. V061's AED 212,850 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
17 Feb 202610,500,000
16 Feb 20269,700,000
15 Jan 202614,800,000
12 Jan 20268,600,000
7 3-bed sales in the last 12 months

Savannah

Community

221 villas, 3-bed to 5-bed in Arabian Ranches, completed in 2006 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,689
Typical sale
AED 10.4M
Typical rent
AED 319K /yr
Typical yield
3.2%
Savannah, Arabian Ranches: prices, sales and rents →

V061, Savannah in numbers

  • Sold twice: first on 15 May 2007 for AED 1,172,888, last on 3 October 2018 for AED 3,000,000 (AED 902 per sqft).
  • Rented since March 2013 on 4 Ejari contracts, from AED 167,000 to AED 212,850 a year.
  • At AED 212,850 a year the gross yield on the 2018 price is 7.1%, before a service charge of about AED 10,200 a year (AED 3.08 per sqft).
  • Three-beds in Savannah sold for AED 8,600,000–14,800,000 in the 12 months to November 2026; the community's median across all types is AED 2,689 per sqft.

Source: Dubai Land Department. Updated 3 October 2018.

Questions about V061, Savannah

What did villa V061 last sell for?

AED 3,000,000 on 3 October 2018: AED 902 per sqft for 3,324 sqft. The villa has 2 registered sales; the first was AED 1,172,888 in May 2007.

What is the rent for villa V061?

AED 212,850 a year on the contract renewed on 15 March 2017. The previous contract, from March 2016, was AED 212,850; the villa has been rented since March 2013.

How big is villa V061?

3,324 sqft (308.8 sqm): a three-bedroom villa in Savannah, completed in 2006.

What is villa V061 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Savannah sold for AED 8,600,000 to 14,800,000 in the last 12 months, around AED 2,769 per sqft.

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Mortgage on V061, Savannah

Starts from the last sale price (AED 3M, 3 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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