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5-bed · 5,647 sqftFlame Tree Ridge, Jumeirah Golf Estates · completed 2016

D038, Flame Tree Ridge

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa D038 · DLD and Ejari recordsUpdated 7 August 2023
Last soldAED 11.65M7 August 2023
Current rentAED 308K /yr5 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D038, Flame Tree Ridge

What is D038 worth today?

Last sold for AED 11,650,000 in 2023

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7 Aug 2023SoldReady
AED 11,650,000AED 2,063 per sqft
5 Dec 2020RentedNew contract
AED 308,000/yr12 months · AED 55 per sqft
12 Jun 2020RentedNew contract
AED 301,000/yr12 months · AED 53 per sqft
1 May 2019RentedNew contract
AED 300,000/yr12 months · AED 53 per sqft
9 Jan 2019RentedRenewal
AED 360,000/yr12 months · AED 64 per sqft
9 Jan 2018RentedRenewal
AED 380,000/yr12 months · AED 67 per sqft
9 Jan 2017RentedRenewal
AED 380,000/yr12 months · AED 67 per sqft
3 Oct 2013SoldOff-plan
AED 8,949,695AED 1,584 per sqft

Source: Dubai Land Department. Updated 7 August 2023.

Key facts

Type
5-bed villa
Size
5,647 sqft
Developer
Jumeirah Golf Estates
Completed
2016
Last sold
AED 11.65M · August 2023
Community
Flame Tree Ridge

About D038, Flame Tree Ridge

D038 is a five-bedroom villa of 5,647 sqft in Flame Tree Ridge, a villa community in Jumeirah Golf Estates completed in 2016 by Jumeirah Golf Estates. It last sold on 7 August 2023 for AED 11,650,000, or AED 2,063 per sqft, 8% above the AED 1,907 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 5 December 2020, is AED 308,000 a year: a gross yield of 2.6% on the 2023 price.

Sales and rents for D038 over time

Sales
Villa D038, 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, August 2009: AED 8,949,695 (AED 1,584 per sqft)Sold, October 2013: AED 8,949,695 (AED 1,584 per sqft)Sold, August 2023: AED 11,650,000 (AED 2,063 per sqft)

D038 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa D038, 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 788,500Renewal, January 2017: AED 380,000 a yearRenewal, January 2018: AED 380,000 a yearRenewal, January 2019: AED 360,000 a yearNew contract, May 2019: AED 300,000 a yearNew contract, June 2020: AED 301,000 a yearNew contract, December 2020: AED 308,000 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 D038 sits

All 99 5-beds →

D038 last sold in August 2023 at AED 2,063 per sqft, 8% above what five-beds in Flame Tree Ridge were fetching at the time (AED 1,907). 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. D038's AED 308,000 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 →

D038, Flame Tree Ridge in numbers

  • Sold 3 times: first on 3 August 2009 for AED 8,949,695, last on 7 August 2023 for AED 11,650,000 (AED 2,063 per sqft).
  • Rented since January 2017 on 6 Ejari contracts, from AED 380,000 to AED 308,000 a year.
  • At AED 308,000 a year the gross yield on the 2023 price is 2.6%.
  • 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 7 August 2023.

Questions about D038, Flame Tree Ridge

What did villa D038 last sell for?

AED 11,650,000 on 7 August 2023: AED 2,063 per sqft for 5,647 sqft. The villa has 3 registered sales; the first was AED 8,949,695 in August 2009.

What is the rent for villa D038?

AED 308,000 a year on the contract signed on 5 December 2020. The previous contract, from June 2020, was AED 301,000; the villa has been rented since January 2017.

How big is villa D038?

5,647 sqft (524.6 sqm): a five-bedroom villa in Flame Tree Ridge, completed in 2016.

What is villa D038 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 D038, Flame Tree Ridge

Starts from the last sale price (AED 11.65M, 7 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 11,650,000
Deposit, UAE resident (20%)
AED 2,330,000
Deposit, non-resident (40%)
AED 4,660,000
Monthly over 25 years at 3.7%
AED 47,664

Plus AED 494,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →