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5-bed · 5,894 sqftFlame Tree Ridge, Jumeirah Golf Estates · completed 2016

D023, Flame Tree Ridge

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa D023 · DLD and Ejari recordsUpdated 27 April 2022
Last soldAED 8.7M27 April 2022
Current rentAED 325K /yr25 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D023, Flame Tree Ridge

What is D023 worth today?

Last sold for AED 8,700,000 in 2022

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27 Apr 2022SoldReady
AED 8,700,000AED 1,476 per sqft
25 Jun 2021RentedRenewal
AED 325,000/yr12 months · AED 55 per sqft
25 Jun 2020RentedRenewal
AED 300,000/yr12 months · AED 51 per sqft
25 Jun 2019RentedRenewal
AED 300,000/yr12 months · AED 51 per sqft
25 Jun 2018RentedNew contract
AED 340,000/yr12 months · AED 58 per sqft
18 Jul 2013SoldOff-plan
AED 7,727,671AED 1,311 per sqft
7 Jun 2009Sold by developerReady
AED 7,727,671AED 1,311 per sqft

Source: Dubai Land Department. Updated 27 April 2022.

Key facts

Type
5-bed villa
Size
5,894 sqft
Developer
Jumeirah Golf Estates
Completed
2016
Last sold
AED 8.7M · April 2022
Community
Flame Tree Ridge

About D023, Flame Tree Ridge

D023 is a five-bedroom villa of 5,894 sqft in Flame Tree Ridge, a villa community in Jumeirah Golf Estates completed in 2016 by Jumeirah Golf Estates. It last sold on 27 April 2022 for AED 8,700,000, or AED 1,476 per sqft, 8% above the AED 1,365 five-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 25 June 2021, is AED 325,000 a year: a gross yield of 3.7% on the 2022 price.

Sales and rents for D023 over time

Sales
Villa D023, each saleTypical five-bed in Flame Tree Ridge
10M20M2009201420192024Typical sale price by year: 2009 AED 8,393,762; 2013 AED 8,789,304; 2014 AED 7,344,042; 2015 AED 7,897,367; 2016 AED 7,272,554; 2017 AED 7,000,000; 2018 AED 6,475,000; 2019 AED 5,300,000; 2020 AED 4,997,500; 2021 AED 6,570,000; 2022 AED 8,850,000; 2023 AED 12,075,000; 2024 AED 14,087,500; 2025 AED 19,375,000Sold by developer, June 2009: AED 7,727,671 (AED 1,311 per sqft)Sold, July 2013: AED 7,727,671 (AED 1,311 per sqft)Sold, April 2022: AED 8,700,000 (AED 1,476 per sqft)

D023 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa D023, each contractTypical five-bed in Flame Tree Ridge
250K500K750K2015201820212024Typical rent by year: 2015 AED 380,000; 2016 AED 375,000; 2017 AED 375,000; 2018 AED 360,000; 2019 AED 340,000; 2020 AED 320,000; 2021 AED 330,000; 2022 AED 415,000; 2023 AED 570,000; 2024 AED 623,125; 2025 AED 788,500New contract, June 2018: AED 340,000 a yearRenewal, June 2019: AED 300,000 a yearRenewal, June 2020: AED 300,000 a yearRenewal, June 2021: AED 325,000 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 Flame Tree Ridge, and where D023 sits

All 99 5-beds →

D023 last sold in April 2022 at AED 1,476 per sqft, 8% above what five-beds in Flame Tree Ridge were fetching at the time (AED 1,365). Over the last 12 months five-beds sold for AED 21,000,000 to 24,000,000, around AED 3,957 per sqft, and rent for AED 528,000 to 1,000,000 a year. D023's AED 325,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
21 Jan 202624,000,000
29 Dec 202521,000,000
15 Oct 202517,400,000
22 Sep 202520,388,888
2 5-bed sales in the last 12 months

Flame Tree Ridge

Community

99 villas, 5-bed in Jumeirah Golf Estates, completed in 2016 by Jumeirah Golf Estates. 2 sold in the last 12 months.

Typical price per sqft
AED 3,957
Typical sale
AED 22.5M
Typical rent
AED 750K /yr
Typical yield
3.5%
Flame Tree Ridge, Jumeirah Golf Estates: prices, sales and rents →

D023, Flame Tree Ridge in numbers

  • Sold 3 times: first on 7 June 2009 for AED 7,727,671, last on 27 April 2022 for AED 8,700,000 (AED 1,476 per sqft).
  • Rented since June 2018 on 4 Ejari contracts, from AED 340,000 to AED 325,000 a year.
  • At AED 325,000 a year the gross yield on the 2022 price is 3.7%.
  • Five-beds in Flame Tree Ridge sold for AED 21,000,000–24,000,000 in the 12 months to November 2026; the community's median across all types is AED 3,957 per sqft.

Source: Dubai Land Department. Updated 27 April 2022.

Questions about D023, Flame Tree Ridge

What did villa D023 last sell for?

AED 8,700,000 on 27 April 2022: AED 1,476 per sqft for 5,894 sqft. The villa has 3 registered sales; the first was AED 7,727,671 in June 2009.

What is the rent for villa D023?

AED 325,000 a year on the contract renewed on 25 June 2021. The previous contract, from June 2020, was AED 300,000; the villa has been rented since June 2018.

How big is villa D023?

5,894 sqft (547.6 sqm): a five-bedroom villa in Flame Tree Ridge, completed in 2016.

What is villa D023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Flame Tree Ridge sold for AED 21,000,000 to 24,000,000 in the last 12 months, around AED 3,957 per sqft.

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Mortgage on D023, Flame Tree Ridge

Starts from the last sale price (AED 8.7M, 27 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,700,000
Deposit, UAE resident (20%)
AED 1,740,000
Deposit, non-resident (40%)
AED 3,480,000
Monthly over 25 years at 3.7%
AED 35,594

Plus AED 370,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →