7-bed · 16,517 sqftEmirates Hills - Sector P, Emirates Hills

P040, Emirates Hills - Sector P

Sold prices and rental history: sold 3 times, last in July 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa P040 · DLD and Ejari recordsUpdated 11 July 2021
Last soldAED 43.5M11 July 2021
Current rentAED 2.7M /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P040, Emirates Hills - Sector P

What is P040 worth today?

Last sold for AED 43,500,000 in 2021

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11 Jul 2021SoldReady
AED 43,500,000AED 2,633 per sqft
1 Jul 2020RentedRenewal
AED 2,700,000/yr12 months · AED 163 per sqft
1 Jul 2019RentedRenewal
AED 2,700,000/yr12 months · AED 163 per sqft
13 Jun 2018RentedNew contract
AED 2,700,000/yr13 months · AED 163 per sqft
31 Mar 2014SoldReady
AED 30,000,000AED 1,816 per sqft
25 May 2008Sold by developerReady
AED 2,559,400AED 154 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 July 2021.

Key facts

Type
7-bed villa
Size
16,517 sqft
Service charge
AED 28,100 /yr
Last sold
AED 43.5M · July 2021

About P040, Emirates Hills - Sector P

P040 is a seven-bedroom villa of 16,517 sqft in Emirates Hills - Sector P, a villa community in Emirates Hills. It last sold on 11 July 2021 for AED 43,500,000, or AED 2,633 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 2,700,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 28,100 a year.

Sales and rents for P040 over time

Sales
Villa P040, each saleTypical seven-bed in Emirates Hills - Sector P
020M40M2008201320182023Typical sale price by year: 2012 AED 26,250,000; 2025 AED 43,500,000Sold by developer, May 2008: AED 2,559,400 (AED 154 per sqft)Sold, March 2014: AED 30,000,000 (AED 1,816 per sqft)Sold, July 2021: AED 43,500,000 (AED 2,633 per sqft)

P040 has sold 3 times; the dashed line is the seven-bed median of each year in the community.

Rents
Villa P040, each contractTypical seven-bed in Emirates Hills - Sector P
1M2M3M2017201920212023Typical 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, June 2018: AED 2,700,000 a yearRenewal, July 2019: AED 2,700,000 a yearRenewal, July 2020: AED 2,700,000 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 P040 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 →

P040, Emirates Hills - Sector P in numbers

  • Sold 3 times: first on 25 May 2008 for AED 2,559,400, last on 11 July 2021 for AED 43,500,000 (AED 2,633 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, at AED 2,700,000 a year.
  • At AED 2,700,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 28,100 a year (AED 1.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 11 July 2021.

Questions about P040, Emirates Hills - Sector P

What did villa P040 last sell for?

AED 43,500,000 on 11 July 2021: AED 2,633 per sqft for 16,517 sqft. The villa has 3 registered sales; the first was AED 2,559,400 in May 2008.

What is the rent for villa P040?

AED 2,700,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 2,700,000; the villa has been rented since June 2018.

How big is villa P040?

16,517 sqft (1534.5 sqm): a seven-bedroom villa in Emirates Hills - Sector P.

What is villa P040 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 P040, Emirates Hills - Sector P

Starts from the last sale price (AED 43.5M, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 43,500,000
Deposit, UAE resident (20%)
AED 8,700,000
Deposit, non-resident (40%)
AED 17,400,000
Monthly over 25 years at 3.7%
AED 177,972

Plus AED 1,832,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →