5-bed · 15,199 sqftEmirates Hills - Sector P, Emirates Hills

P018, Emirates Hills - Sector P

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa P018 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 28.2M16 March 2023
Current rentAED 480K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P018, Emirates Hills - Sector P

What is P018 worth today?

Last sold for AED 28,200,000 in 2023

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16 Mar 2023SoldReady
AED 28,200,000AED 1,855 per sqft
1 Nov 2020RentedRenewal
AED 480,000/yr12 months · AED 32 per sqft
1 Nov 2019RentedNew contract
AED 500,000/yr12 months · AED 33 per sqft
15 Oct 2018RentedRenewal
AED 625,000/yr12 months · AED 41 per sqft
15 Oct 2017RentedNew contract
AED 625,000/yr12 months · AED 41 per sqft
1 May 2016RentedNew contract
AED 750,000/yr12 months · AED 49 per sqft
10 Aug 2015RentedNew contract
AED 1,000,000/yr12 months · AED 66 per sqft
16 Jun 2014SoldReady
AED 34,500,000AED 2,269 per sqft

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

Key facts

Type
5-bed villa
Size
15,199 sqft
Service charge
AED 25,800 /yr
Last sold
AED 28.2M · March 2023

About P018, Emirates Hills - Sector P

P018 is a five-bedroom villa of 15,199 sqft in Emirates Hills - Sector P, a villa community in Emirates Hills. It last sold on 16 March 2023 for AED 28,200,000, or AED 1,855 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 480,000 a year: a gross yield of 1.7% on the 2023 price, before the service charge of about AED 25,800 a year.

Sales and rents for P018 over time

Sales
Villa P018, each saleTypical five-bed in Emirates Hills - Sector P
020M40M20012007201320192025Typical sale price by year: 2001 AED 2,905,652; 2020 AED 8,750,000; 2024 AED 29,620,000Sold by developer, May 2002: AED 1,720,446 (AED 113 per sqft)Sold, June 2014: AED 34,500,000 (AED 2,269 per sqft)Sold, March 2023: AED 28,200,000 (AED 1,855 per sqft)

P018 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa P018, each contractTypical five-bed in Emirates Hills - Sector P
500K1M2015201820212024Typical rent by year: 2016 AED 750,000; 2017 AED 625,000; 2018 AED 700,000; 2019 AED 500,000; 2020 AED 480,000; 2021 AED 800,000; 2025 AED 1,300,000New contract, August 2015: AED 1,000,000 a yearNew contract, May 2016: AED 750,000 a yearNew contract, October 2017: AED 625,000 a yearRenewal, October 2018: AED 625,000 a yearNew contract, November 2019: AED 500,000 a yearRenewal, November 2020: AED 480,000 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 Emirates Hills - Sector P, and where P018 sits

All 11 5-beds →
Recent 5-bed salesVilla no.Price (AED)Summary
12 Feb 202585,000,000
4 Oct 202481,000,000
1 Feb 202419,000,000
15 Jan 202429,620,000
0 5-bed sales in the last 12 months

Emirates Hills - Sector P

Community

105 villas, 2-bed to 9-bed in Emirates Hills. 1 sold in the last 12 months.

Typical price per sqft
AED 4,569
Typical sale
AED 30M
Typical rent
AED 1.2M /yr
Typical yield
2.1%
Emirates Hills - Sector P, Emirates Hills: prices, sales and rents →

P018, Emirates Hills - Sector P in numbers

  • Sold 3 times: first on 1 May 2002 for AED 1,720,446, last on 16 March 2023 for AED 28,200,000 (AED 1,855 per sqft).
  • Rented since August 2015 on 6 Ejari contracts, from AED 1,000,000 to AED 480,000 a year.
  • At AED 480,000 a year the gross yield on the 2023 price is 1.7%, before a service charge of about AED 25,800 a year (AED 1.70 per sqft).

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

Questions about P018, Emirates Hills - Sector P

What did villa P018 last sell for?

AED 28,200,000 on 16 March 2023: AED 1,855 per sqft for 15,199 sqft. The villa has 3 registered sales; the first was AED 1,720,446 in May 2002.

What is the rent for villa P018?

AED 480,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 500,000; the villa has been rented since August 2015.

How big is villa P018?

15,199 sqft (1412.0 sqm): a five-bedroom villa in Emirates Hills - Sector P.

What is villa P018 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 P018, Emirates Hills - Sector P

Starts from the last sale price (AED 28.2M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 28,200,000
Deposit, UAE resident (20%)
AED 5,640,000
Deposit, non-resident (40%)
AED 11,280,000
Monthly over 25 years at 3.7%
AED 115,375

Plus AED 1,189,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →