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5-bed · 5,490 sqftSavannah, Arabian Ranches · completed 2006

V216, Savannah

Sold prices and rental history: sold twice, last in July 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V216 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 850K22 July 2007
Current rentAED 410K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V216, Savannah

What is V216 worth today?

Last sold for AED 850,481 in 2007

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5 Jul 2024RentedRenewal
AED 410,000/yr12 months · AED 75 per sqft
5 Jul 2023RentedNew contract
AED 400,000/yr12 months · AED 73 per sqft
1 Feb 2022RentedNew contract
AED 310,000/yr24 months · AED 56 per sqft
10 Sep 2021RentedRenewal
AED 225,000/yr12 months · AED 41 per sqft
10 Sep 2021RentedNew contract
AED 225,000/yr12 months · AED 41 per sqft
10 Sep 2020RentedRenewal
AED 200,000/yr12 months · AED 36 per sqft
21 Jun 2018RentedRenewal
AED 270,000/yr12 months · AED 49 per sqft
20 Jun 2016RentedRenewal
AED 275,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
5-bed villa
Size
5,490 sqft
Developer
Emaar
Completed
2006
Service charge
AED 16,900 /yr
Last sold
AED 850K · July 2007
Community
Savannah

About V216, Savannah

V216 is a five-bedroom villa of 5,490 sqft in Savannah, a villa community in Arabian Ranches completed in 2006 by Emaar. It last sold on 22 July 2007 for AED 850,481, or AED 154 per sqft, 53% below the AED 330 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 410,000 a year: a gross yield of 48.2% on the 2007 price, before the service charge of about AED 16,900 a year.

Sales and rents for V216 over time

Sales
Villa V216, each saleTypical five-bed in Savannah
05M10M2007201220172022Typical sale price by year: 2007 AED 1,812,888; 2008 AED 3,333,888; 2009 AED 3,017,576; 2010 AED 4,425,000; 2011 AED 4,075,000; 2012 AED 5,200,000; 2013 AED 5,640,000; 2014 AED 6,550,000; 2015 AED 6,300,000; 2016 AED 5,000,000; 2018 AED 4,500,000; 2020 AED 4,200,000; 2021 AED 5,900,000; 2022 AED 7,000,000; 2023 AED 8,375,000; 2025 AED 10,650,000Sold by developer, April 2007: AED 858,444 (AED 156 per sqft)Sold, July 2007: AED 850,481 (AED 154 per sqft)

V216 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V216, each contractTypical five-bed in Savannah
200K400K2012201620202024Typical rent by year: 2012 AED 307,500; 2013 AED 285,000; 2014 AED 312,500; 2015 AED 325,000; 2016 AED 315,000; 2017 AED 300,000; 2018 AED 275,000; 2019 AED 277,500; 2020 AED 240,000; 2021 AED 250,000; 2022 AED 285,000; 2023 AED 436,910; 2024 AED 460,000; 2025 AED 526,500New contract, April 2013: AED 275,000 a yearNew contract, June 2015: AED 270,000 a yearRenewal, June 2016: AED 275,000 a yearRenewal, June 2018: AED 270,000 a yearRenewal, September 2020: AED 200,000 a yearRenewal, September 2021: AED 225,000 a yearNew contract, September 2021: AED 225,000 a yearNew contract, February 2022: AED 310,000 a yearNew contract, July 2023: AED 400,000 a yearRenewal, July 2024: AED 410,000 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 Savannah, and where V216 sits

All 71 5-beds →

V216 last sold in July 2007 at AED 154 per sqft, 53% below what five-beds in Savannah were fetching at the time (AED 330). Over the last 12 months five-beds sold for AED 10,650,000, around AED 2,076 per sqft, and rent for AED 200,000 to 200,000 a year.

Recent 5-bed salesVilla no.Price (AED)Summary
16 Dec 202510,650,000
4 Feb 20258,784,000
16 Jan 202511,600,000
8 Dec 202310,800,000
1 5-bed sale 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 →

V216, Savannah in numbers

  • Sold twice: first on 3 April 2007 for AED 858,444, last on 22 July 2007 for AED 850,481 (AED 154 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 275,000 to AED 200,000 in 2020 and recovered to AED 410,000 by July 2024.
  • At AED 410,000 a year the gross yield on the 2007 price is 48.2%, before a service charge of about AED 16,900 a year (AED 3.08 per sqft).
  • Five-beds in Savannah sold for AED 10,650,000–10,650,000 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 5 July 2024.

Questions about V216, Savannah

What did villa V216 last sell for?

AED 850,481 on 22 July 2007: AED 154 per sqft for 5,490 sqft. The villa has 2 registered sales; the first was AED 858,444 in April 2007.

What is the rent for villa V216?

AED 410,000 a year on the contract renewed on 5 July 2024. The previous contract, from July 2023, was AED 400,000; the villa has been rented since April 2013.

How big is villa V216?

5,490 sqft (510.0 sqm): a five-bedroom villa in Savannah, completed in 2006.

What is villa V216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Savannah sold for AED 10,650,000 to 10,650,000 in the last 12 months, around AED 2,076 per sqft.

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Mortgage on V216, Savannah

Starts from the last sale price (AED 850K, 22 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 850,481
Deposit, UAE resident (20%)
AED 170,096
Deposit, non-resident (40%)
AED 340,192
Monthly over 25 years at 3.7%
AED 3,480

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