7-bed · 16,361 sqftEmirates Hills - Sector P, Emirates Hills

P029, Emirates Hills - Sector P

Sold prices and rental history: sold once, by the developer in June 2010, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa P029 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 3.25M28 June 2010
Current rentAED 1.45M /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P029, Emirates Hills - Sector P

What is P029 worth today?

Last sold for AED 3,246,000 in 2010

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15 Dec 2023RentedNew contract
AED 1,447,542/yr19 months · AED 88 per sqft
20 Oct 2021RentedNew contract
AED 1,000,000/yr12 months · AED 61 per sqft
1 Jan 2021RentedNew contract
AED 725,000/yr12 months · AED 44 per sqft
28 Jun 2010Sold by developerReady
AED 3,246,000AED 198 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2023.

Key facts

Type
7-bed villa
Size
16,361 sqft
Service charge
AED 27,800 /yr
Last sold
AED 3.25M · June 2010

About P029, Emirates Hills - Sector P

P029 is a seven-bedroom villa of 16,361 sqft in Emirates Hills - Sector P, a villa community in Emirates Hills. The developer sold it on 28 June 2010 for AED 3,246,000, or AED 198 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 December 2023, is AED 1,447,542 a year: a gross yield of 44.6% on the 2010 price, before the service charge of about AED 27,800 a year.

Sales and rents for P029 over time

Sales
Villa P029, each saleTypical seven-bed in Emirates Hills - Sector P
020M40M20102014201820222026Typical sale price by year: 2012 AED 26,250,000; 2025 AED 43,500,000Sold by developer, June 2010: AED 3,246,000 (AED 198 per sqft)

P029 has sold once; the dashed line is the seven-bed median of each year in the community.

Rents
Villa P029, each contractTypical seven-bed in Emirates Hills - Sector P
1M1.5M2017201920212023Typical rent by year: 2017 AED 950,000; 2019 AED 925,000; 2020 AED 1,100,000; 2021 AED 875,000; 2023 AED 1,447,542New contract, January 2021: AED 725,000 a yearNew contract, October 2021: AED 1,000,000 a yearNew contract, December 2023: AED 1,447,542 a year

Annual rent on each registered contract; the dashed line is the seven-bed median of each year in the community.

7-beds in Emirates Hills - Sector P, and where P029 sits

All 8 7-beds →
Recent 7-bed salesVilla no.Price (AED)Summary
7 Aug 202543,500,000
17 Jul 20252,000,000
3 Feb 202551,000,000
24 May 202443,000,000
0 7-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 →

P029, Emirates Hills - Sector P in numbers

  • Sold once: by the developer on 28 June 2010 for AED 3,246,000, or AED 198 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 725,000 to AED 1,447,542 a year.
  • At AED 1,447,542 a year the gross yield on the 2010 price is 44.6%, before a service charge of about AED 27,800 a year (AED 1.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2023.

Questions about P029, Emirates Hills - Sector P

What did villa P029 last sell for?

AED 3,246,000 on 28 June 2010, sold by the developer: AED 198 per sqft for 16,361 sqft. It is the only registered sale of the villa.

What is the rent for villa P029?

AED 1,447,542 a year on the contract signed on 15 December 2023. The previous contract, from October 2021, was AED 1,000,000; the villa has been rented since January 2021.

How big is villa P029?

16,361 sqft (1520.0 sqm): a seven-bedroom villa in Emirates Hills - Sector P.

What is villa P029 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 P029, Emirates Hills - Sector P

Starts from the last sale price (AED 3.25M, 28 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,246,000
Deposit, UAE resident (20%)
AED 649,200
Deposit, non-resident (40%)
AED 1,298,400
Monthly over 25 years at 3.7%
AED 13,280

Plus AED 141,342 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →