L40, Emirates Hills - Sector L
Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L40, Emirates Hills - Sector L
What is L40 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 3-bed villa
- Size
- 2,938 sqft
- Service charge
- AED 5,000 /yr
- Last sold
- AED 4.27M · June 2009
- Community
- Emirates Hills - Sector L
About L40, Emirates Hills - Sector L
L40 is a three-bedroom villa of 2,938 sqft in Emirates Hills - Sector L, a villa community in Emirates Hills. The developer sold it on 21 June 2009 for AED 4,270,000, or AED 1,453 per sqft, 16% above the AED 1,255 three-beds in the community were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 120,000 a year: a gross yield of 2.8% on the 2009 price, before the service charge of about AED 5,000 a year.
3-beds in Emirates Hills - Sector L, and where L40 sits
All 5 3-beds →L40 last sold in June 2009 at AED 1,453 per sqft, 16% above what three-beds in Emirates Hills - Sector L were fetching at the time (AED 1,255).
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Sep 202126 September 2021 | 12,941 sqft | 59,500,000 | 4,597 | ||
| 6 Aug 20176 August 2017 | 13,051 sqft | 12,119,250 | 928 | ||
| 12 May 200912 May 2009 | 12,941 sqft | 20,000,000 | 1,545 | ||
| 10 May 200910 May 2009 | 13,086 sqft | 22,500,000 | 1,719 |
Emirates Hills - Sector L
Community51 villas, 2-bed to 10-bed in Emirates Hills. 1 sold in the last 12 months.
- Typical price per sqft
- AED 8,571
- Typical sale
- AED 123.63M
- Typical rent
- AED 4.01M /yr
- Typical yield
- 1.4%
L40, Emirates Hills - Sector L in numbers
- Sold once: by the developer on 21 June 2009 for AED 4,270,000, or AED 1,453 per sqft.
- Rented since September 2014 on 2 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2009 price is 2.8%, before a service charge of about AED 5,000 a year (AED 1.70 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Questions about L40, Emirates Hills - Sector L
What did villa L40 last sell for?
AED 4,270,000 on 21 June 2009, sold by the developer: AED 1,453 per sqft for 2,938 sqft. It is the only registered sale of the villa.
What is the rent for villa L40?
AED 120,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2014, was AED 120,000.
How big is villa L40?
2,938 sqft (272.9 sqm): a three-bedroom villa in Emirates Hills - Sector L.
What is villa L40 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 L40, Emirates Hills - Sector L
Starts from the last sale price (AED 4.27M, 21 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 4,270,000
- Deposit, UAE resident (20%)
- AED 854,000
- Deposit, non-resident (40%)
- AED 1,708,000
- Monthly over 25 years at 3.7%
- AED 17,470
Plus AED 184,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →