6-bed · 8,098 sqftParkway, Dubai Hills Estate

V048, Parkway

Sold prices and rental history: sold 3 times, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V048 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 24.8M16 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V048, Parkway

What is V048 worth today?

Last sold for AED 24,800,000 in 2023

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16 Mar 2023SoldReady
AED 24,800,000AED 3,062 per sqft
16 Nov 2020SoldOff-plan · flagged as an outlier
AED 1,000,000AED 247 per sqft
6 Oct 2020Sold by developerOff-plan
AED 5,303,888AED 654 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2023.

Key facts

Type
6-bed villa
Size
8,098 sqft
Last sold
AED 24.8M · March 2023
Community
Parkway

About V048, Parkway

V048 is a six-bedroom villa of 8,098 sqft in Parkway, a villa community in Dubai Hills Estate. It last sold on 16 March 2023 for AED 24,800,000, or AED 3,062 per sqft, 168% above the AED 1,142 six-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V048 over time

Sales
Villa V048, each saleTypical six-bed in Parkway
10M20M2016201920222025Typical sale price by year: 2016 AED 5,474,888; 2017 AED 5,499,888; 2018 AED 6,179,888; 2019 AED 5,726,888; 2020 AED 5,366,888; 2021 AED 6,225,000; 2022 AED 9,556,000; 2023 AED 15,700,000; 2024 AED 19,000,000; 2025 AED 22,900,000Sold by developer, October 2020: AED 5,303,888 (AED 654 per sqft)Sold, March 2023: AED 24,800,000 (AED 3,062 per sqft)

V048 has sold twice; the dashed line is the six-bed median of each year in the community.

6-beds in Parkway, and where V048 sits

All 104 6-beds →

V048 last sold in March 2023 at AED 3,062 per sqft, 168% above what six-beds in Parkway were fetching at the time (AED 1,142). Over the last 12 months six-beds sold for AED 22,900,000 to 40,000,000, around AED 3,671 per sqft.

Recent 6-bed salesVilla no.Price (AED)Summary
5 Jan 202623,000,000
17 Dec 202522,900,000
15 Dec 202539,000,000
20 Nov 202540,000,000
4 6-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 →

V048, Parkway in numbers

  • Sold 3 times: first on 6 October 2020 for AED 5,303,888, last on 16 March 2023 for AED 24,800,000 (AED 3,062 per sqft).
  • Six-beds in Parkway sold for AED 22,900,000–40,000,000 in the 12 months to November 2026; the community's median across all types is AED 3,671 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2023.

Questions about V048, Parkway

What did villa V048 last sell for?

AED 24,800,000 on 16 March 2023: AED 3,062 per sqft for 8,098 sqft. The villa has 3 registered sales; the first was AED 5,303,888 in October 2020.

How big is villa V048?

8,098 sqft (752.3 sqm): a six-bedroom villa in Parkway.

What is villa V048 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Parkway sold for AED 22,900,000 to 40,000,000 in the last 12 months, around AED 3,671 per sqft.

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Mortgage on V048, Parkway

Starts from the last sale price (AED 24.8M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 24,800,000
Deposit, UAE resident (20%)
AED 4,960,000
Deposit, non-resident (40%)
AED 9,920,000
Monthly over 25 years at 3.7%
AED 101,464

Plus AED 1,046,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →