6-bed · 13,121 sqftEmirates Hills - Sector P, Emirates Hills

P037, Emirates Hills - Sector P

Sold prices and rental history: sold once, by the developer in May 2008, and rented since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa P037 · DLD and Ejari recordsUpdated 1 August 2015
Last soldAED 2.1M11 May 2008
Current rentAED 1.3M /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P037, Emirates Hills - Sector P

What is P037 worth today?

Last sold for AED 2,104,000 in 2008

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1 Aug 2015RentedNew contract
AED 1,300,000/yr12 months · AED 99 per sqft
1 Aug 2013RentedNew contract
AED 475,000/yr24 months · AED 36 per sqft
1 Aug 2011RentedNew contract
AED 900,000/yr24 months · AED 69 per sqft
11 May 2008Sold by developerReady
AED 2,104,000AED 160 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2015.

Key facts

Type
6-bed villa
Size
13,121 sqft
Service charge
AED 22,300 /yr
Last sold
AED 2.1M · May 2008

About P037, Emirates Hills - Sector P

P037 is a six-bedroom villa of 13,121 sqft in Emirates Hills - Sector P, a villa community in Emirates Hills. The developer sold it on 11 May 2008 for AED 2,104,000, or AED 160 per sqft, 80% below the AED 811 six-beds in the community were fetching at the time.

It has been rented since 2011 on 3 Ejari contracts. The current contract, signed on 1 August 2015, is AED 1,300,000 a year: a gross yield of 61.8% on the 2008 price, before the service charge of about AED 22,300 a year.

Sales and rents for P037 over time

Sales
Villa P037, each saleTypical six-bed in Emirates Hills - Sector P
020M40M2000200720142021Typical sale price by year: 2000 AED 1,527,800; 2001 AED 2,016,450; 2002 AED 1,985,799; 2006 AED 2,108,500; 2007 AED 3,552,500; 2008 AED 6,000,000; 2009 AED 1,955,000; 2010 AED 11,250,000; 2011 AED 6,060,000; 2012 AED 16,500,000; 2013 AED 3,076,000; 2015 AED 17,050,000; 2016 AED 1,761,246; 2017 AED 21,500,000; 2019 AED 12,875,000; 2020 AED 19,000,000; 2021 AED 15,540,032; 2022 AED 46,500,000; 2023 AED 15,000,000; 2025 AED 20,400,000Sold by developer, May 2008: AED 2,104,000 (AED 160 per sqft)

P037 has sold once; the dashed line is the six-bed median of each year in the community.

Rents
Villa P037, each contractTypical six-bed in Emirates Hills - Sector P
1M2011201520192023Typical rent by year: 2015 AED 1,300,000; 2021 AED 1,040,000; 2024 AED 1,600,000New contract, August 2011: AED 900,000 a yearNew contract, August 2013: AED 475,000 a yearNew contract, August 2015: AED 1,300,000 a year

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

6-beds in Emirates Hills - Sector P, and where P037 sits

All 74 6-beds →

P037 last sold in May 2008 at AED 160 per sqft, 80% below what six-beds in Emirates Hills - Sector P were fetching at the time (AED 811). Over the last 12 months six-beds sold for AED 30,000,000, around AED 4,569 per sqft, and rent for AED 550,000 to 1,200,000 a year. P037's AED 1,300,000 is at the top of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
26 Dec 202530,000,000
27 Mar 202510,800,000
12 Mar 202578,000,000
2 Jan 20253,196,000
1 6-bed sale 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 →

P037, Emirates Hills - Sector P in numbers

  • Sold once: by the developer on 11 May 2008 for AED 2,104,000, or AED 160 per sqft.
  • Rented since August 2011 on 3 Ejari contracts. The rent fell from AED 900,000 to AED 475,000 in 2013 and recovered to AED 1,300,000 by August 2015.
  • At AED 1,300,000 a year the gross yield on the 2008 price is 61.8%, before a service charge of about AED 22,300 a year (AED 1.70 per sqft).
  • Six-beds in Emirates Hills - Sector P sold for AED 30,000,000–30,000,000 in the 12 months to November 2026; the community's median across all types is AED 4,569 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2015.

Questions about P037, Emirates Hills - Sector P

What did villa P037 last sell for?

AED 2,104,000 on 11 May 2008, sold by the developer: AED 160 per sqft for 13,121 sqft. It is the only registered sale of the villa.

What is the rent for villa P037?

AED 1,300,000 a year on the contract signed on 1 August 2015. The previous contract, from August 2013, was AED 475,000; the villa has been rented since August 2011.

How big is villa P037?

13,121 sqft (1219.0 sqm): a six-bedroom villa in Emirates Hills - Sector P.

What is villa P037 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Emirates Hills - Sector P sold for AED 30,000,000 to 30,000,000 in the last 12 months, around AED 4,569 per sqft.

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Mortgage on P037, Emirates Hills - Sector P

Starts from the last sale price (AED 2.1M, 11 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,104,000
Deposit, UAE resident (20%)
AED 420,800
Deposit, non-resident (40%)
AED 841,600
Monthly over 25 years at 3.7%
AED 8,608

Plus AED 93,378 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →