5-bed · 6,002 sqftFlame Tree Ridge, Jumeirah Golf Estates · completed 2016

D024, Flame Tree Ridge

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa D024 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 7.42M25 August 2014
Current rentAED 775K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D024, Flame Tree Ridge

What is D024 worth today?

Last sold for AED 7,424,822 in 2014

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26 Aug 2024RentedNew contract
AED 775,000/yr12 months · AED 129 per sqft
10 Sep 2023RentedRenewal
AED 625,001/yr10 months · AED 104 per sqft
10 Sep 2022RentedNew contract
AED 625,000/yr12 months · AED 104 per sqft
10 Jul 2021RentedRenewal
AED 378,000/yr12 months · AED 63 per sqft
10 Jul 2020RentedNew contract
AED 378,000/yr12 months · AED 63 per sqft
10 Jul 2017RentedNew contract
AED 390,000/yr12 months · AED 65 per sqft
25 Aug 2014SoldOff-plan
AED 7,424,822AED 1,237 per sqft
7 Jun 2009Sold by developerReady
AED 7,424,822AED 1,237 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
5-bed villa
Size
6,002 sqft
Developer
Jumeirah Golf Estates
Completed
2016
Last sold
AED 7.42M · August 2014

About D024, Flame Tree Ridge

D024 is a five-bedroom villa of 6,002 sqft in Flame Tree Ridge, a villa community in Jumeirah Golf Estates completed in 2016 by Jumeirah Golf Estates. It last sold on 25 August 2014 for AED 7,424,822, or AED 1,237 per sqft, 16% below the AED 1,468 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 26 August 2024, is AED 775,000 a year: a gross yield of 10.4% on the 2014 price.

Sales and rents for D024 over time

Sales
Villa D024, 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 7,424,822 (AED 1,237 per sqft)Sold, August 2014: AED 7,424,822 (AED 1,237 per sqft)

D024 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa D024, 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, July 2017: AED 390,000 a yearNew contract, July 2020: AED 378,000 a yearRenewal, July 2021: AED 378,000 a yearNew contract, September 2022: AED 625,000 a yearRenewal, September 2023: AED 625,001 a yearNew contract, August 2024: AED 775,000 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 D024 sits

All 99 5-beds →

D024 last sold in August 2014 at AED 1,237 per sqft, 16% below what five-beds in Flame Tree Ridge were fetching at the time (AED 1,468). 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. D024's AED 775,000 is in the upper half 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 →

D024, Flame Tree Ridge in numbers

  • Sold twice: first on 7 June 2009 for AED 7,424,822, last on 25 August 2014 for AED 7,424,822 (AED 1,237 per sqft).
  • Rented since July 2017 on 6 Ejari contracts, from AED 390,000 to AED 775,000 a year.
  • At AED 775,000 a year the gross yield on the 2014 price is 10.4%.
  • 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 26 August 2024.

Questions about D024, Flame Tree Ridge

What did villa D024 last sell for?

AED 7,424,822 on 25 August 2014: AED 1,237 per sqft for 6,002 sqft. The villa has 2 registered sales; the first was AED 7,424,822 in June 2009.

What is the rent for villa D024?

AED 775,000 a year on the contract signed on 26 August 2024. The previous contract, from September 2023, was AED 625,001; the villa has been rented since July 2017.

How big is villa D024?

6,002 sqft (557.6 sqm): a five-bedroom villa in Flame Tree Ridge, completed in 2016.

What is villa D024 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 D024, Flame Tree Ridge

Starts from the last sale price (AED 7.42M, 25 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 7,424,822
Deposit, UAE resident (20%)
AED 1,484,964
Deposit, non-resident (40%)
AED 2,969,929
Monthly over 25 years at 3.7%
AED 30,377

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →