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

V116, Savannah

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V116 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 14.25M23 July 2024
Current rentAED 195K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V116, Savannah

What is V116 worth today?

Last sold for AED 14,250,000 in 2024

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23 Jul 2024SoldReady
AED 14,250,000AED 4,286 per sqft
31 Mar 2023SoldReady
AED 5,250,000AED 1,579 per sqft
20 Dec 2021RentedRenewal
AED 195,000/yr12 months · AED 59 per sqft
20 Jan 2020RentedRenewal
AED 190,000/yr12 months · AED 57 per sqft
20 Jan 2019RentedRenewal
AED 202,500/yr12 months · AED 61 per sqft
20 Jan 2018RentedRenewal
AED 225,000/yr12 months · AED 68 per sqft
1 May 2013RentedNew contract
AED 185,000/yr12 months · AED 56 per sqft
23 Oct 2007Sold by developerReady
AED 1,295,888AED 389 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
3-bed villa
Size
3,324 sqft
Developer
Emaar
Completed
2006
Service charge
AED 10,200 /yr
Last sold
AED 14.25M · July 2024
Community
Savannah

About V116, Savannah

V116 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 23 July 2024 for AED 14,250,000, or AED 4,286 per sqft, 110% above the AED 2,037 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 195,000 a year: a gross yield of 1.4% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for V116 over time

Sales
Villa V116, each saleTypical three-bed in Savannah
010M20072012201720222027Typical 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, October 2007: AED 1,295,888 (AED 389 per sqft)Sold, March 2023: AED 5,250,000 (AED 1,579 per sqft)Sold, July 2024: AED 14,250,000 (AED 4,286 per sqft)

V116 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V116, 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, May 2013: AED 185,000 a yearRenewal, January 2018: AED 225,000 a yearRenewal, January 2019: AED 202,500 a yearRenewal, January 2020: AED 190,000 a yearRenewal, December 2021: AED 195,000 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 Savannah, and where V116 sits

All 150 3-beds →

V116 last sold in July 2024 at AED 4,286 per sqft, 110% above what three-beds in Savannah were fetching at the time (AED 2,037). 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. V116's AED 195,000 is at the bottom 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 →

V116, Savannah in numbers

  • Sold 3 times: first on 23 October 2007 for AED 1,295,888, last on 23 July 2024 for AED 14,250,000 (AED 4,286 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 185,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2024 price is 1.4%, 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 23 July 2024.

Questions about V116, Savannah

What did villa V116 last sell for?

AED 14,250,000 on 23 July 2024: AED 4,286 per sqft for 3,324 sqft. The villa has 3 registered sales; the first was AED 1,295,888 in October 2007.

What is the rent for villa V116?

AED 195,000 a year on the contract renewed on 20 December 2021. The previous contract, from January 2020, was AED 190,000; the villa has been rented since May 2013.

How big is villa V116?

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

What is villa V116 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 V116, Savannah

Starts from the last sale price (AED 14.25M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 14,250,000
Deposit, UAE resident (20%)
AED 2,850,000
Deposit, non-resident (40%)
AED 5,700,000
Monthly over 25 years at 3.7%
AED 58,301

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