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5-bed · 10,947 sqftParkway, Dubai Hills Estate

V040, Parkway

Sold prices and rental history: sold once, by the developer in June 2016, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V040 · DLD and Ejari recordsUpdated 1 October 2020
Last soldAED 5.52M26 June 2016
Current rentAED 200K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V040, Parkway

What is V040 worth today?

Last sold for AED 5,517,888 in 2016

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1 Oct 2020RentedNew contract
AED 200,000/yr12 months · AED 18 per sqft
26 Jun 2016Sold by developerOff-plan · flagged as an outlier
AED 5,517,888AED 504 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2020.

Key facts

Type
5-bed villa
Size
10,947 sqft
Last sold
AED 5.52M · June 2016
Community
Parkway

About V040, Parkway

V040 is a five-bedroom villa of 10,947 sqft in Parkway, a villa community in Dubai Hills Estate. The developer sold it on 26 June 2016 for AED 5,517,888, or AED 504 per sqft, 27% below the AED 694 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 October 2020. The current contract, signed on 1 October 2020, is AED 200,000 a year: a gross yield of 3.6% on the 2016 price.

5-beds in Parkway, and where V040 sits

All 6 5-beds →

V040 last sold in June 2016 at AED 504 per sqft, 27% below what five-beds in Parkway were fetching at the time (AED 694).

Recent 5-bed salesVilla no.Price (AED)Summary
5 Oct 202365,000,000
27 Jun 20227,560,000
20 Oct 202114,100,000
25 Aug 20204,200,000
0 5-bed sales in the last 12 months

Parkway

Community

117 villas, 4-bed to 10-bed in Dubai Hills Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 3,671
Typical sale
AED 31M
Typical rent
AED 3.03M /yr
Typical yield
7.7%
Parkway, Dubai Hills Estate: prices, sales and rents →

V040, Parkway in numbers

  • Sold once: by the developer on 26 June 2016 for AED 5,517,888, or AED 504 per sqft.
  • Rented since October 2020 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2016 price is 3.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2020.

Questions about V040, Parkway

What did villa V040 last sell for?

AED 5,517,888 on 26 June 2016, sold by the developer: AED 504 per sqft for 10,947 sqft. It is the only registered sale of the villa.

What is the rent for villa V040?

AED 200,000 a year on the contract signed on 1 October 2020.

How big is villa V040?

10,947 sqft (1017.0 sqm): a five-bedroom villa in Parkway.

What is villa V040 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V040, Parkway

Starts from the last sale price (AED 5.52M, 26 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 5,517,888
Deposit, UAE resident (20%)
AED 1,103,578
Deposit, non-resident (40%)
AED 2,207,155
Monthly over 25 years at 3.7%
AED 22,575

Plus AED 236,762 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →