6-bed · 11,000 sqftEmirates Hills - Sector P, Emirates Hills

P088, Emirates Hills - Sector P

Sold prices and rental history: sold twice, last in August 2008, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa P088 · DLD and Ejari recordsUpdated 1 July 2016
Last soldAED 20M28 August 2008
Current rentAED 1.2M /yr1 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P088, Emirates Hills - Sector P

What is P088 worth today?

Last sold for AED 20,000,000 in 2008

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1 Jul 2016RentedRenewal
AED 1,200,000/yr12 months · AED 109 per sqft
1 Apr 2015RentedNew contract
AED 1,200,000/yr15 months · AED 109 per sqft
1 Apr 2015RentedNew contract · flagged as an outlier
AED 6,000,000/yr3 months · AED 545 per sqft
28 Aug 2008SoldReady
AED 20,000,000AED 1,818 per sqft
7 Aug 2008Sold by developerReady
AED 2,047,000AED 186 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2016.

Key facts

Type
6-bed villa
Size
11,000 sqft
Service charge
AED 18,700 /yr
Last sold
AED 20M · August 2008

About P088, Emirates Hills - Sector P

P088 is a six-bedroom villa of 11,000 sqft in Emirates Hills - Sector P, a villa community in Emirates Hills. It last sold on 28 August 2008 for AED 20,000,000, or AED 1,818 per sqft, 171% above the AED 671 six-beds in the community were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 July 2016, is AED 1,200,000 a year: a gross yield of 6.0% on the 2008 price, before the service charge of about AED 18,700 a year.

Sales and rents for P088 over time

Sales
Villa P088, 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, August 2008: AED 20,000,000 (AED 1,818 per sqft)Sold by developer, August 2008: AED 2,047,000 (AED 186 per sqft)

P088 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa P088, each contractTypical six-bed in Emirates Hills - Sector P
1M1.5M2015201820212024Typical rent by year: 2015 AED 1,300,000; 2021 AED 1,040,000; 2024 AED 1,600,000New contract, April 2015: AED 1,200,000 a yearRenewal, July 2016: AED 1,200,000 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 P088 sits

All 74 6-beds →

P088 last sold in August 2008 at AED 1,818 per sqft, 171% above what six-beds in Emirates Hills - Sector P were fetching at the time (AED 671). 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. P088's AED 1,200,000 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 →

P088, Emirates Hills - Sector P in numbers

  • Sold twice: first on 7 August 2008 for AED 2,047,000, last on 28 August 2008 for AED 20,000,000 (AED 1,818 per sqft).
  • Rented since April 2015 on 3 Ejari contracts, from AED 6,000,000 to AED 1,200,000 a year.
  • At AED 1,200,000 a year the gross yield on the 2008 price is 6.0%, before a service charge of about AED 18,700 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 July 2016.

Questions about P088, Emirates Hills - Sector P

What did villa P088 last sell for?

AED 20,000,000 on 28 August 2008: AED 1,818 per sqft for 11,000 sqft. The villa has 2 registered sales; the first was AED 2,047,000 in August 2008.

What is the rent for villa P088?

AED 1,200,000 a year on the contract renewed on 1 July 2016. The previous contract, from April 2015, was AED 1,200,000; the villa has been rented since April 2015.

How big is villa P088?

11,000 sqft (1021.9 sqm): a six-bedroom villa in Emirates Hills - Sector P.

What is villa P088 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 P088, Emirates Hills - Sector P

Starts from the last sale price (AED 20M, 28 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 20,000,000
Deposit, UAE resident (20%)
AED 4,000,000
Deposit, non-resident (40%)
AED 8,000,000
Monthly over 25 years at 3.7%
AED 81,826

Plus AED 845,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →