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5-bed · 4,726 sqftThe Palmarosa, Riverside · completed 2021

V016, The Palmarosa

Sold prices and rental history: sold once, by the developer in July 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V016 · DLD and Ejari recordsUpdated 2 July 2012
Last soldAED 1.5M2 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V016, The Palmarosa

What is V016 worth today?

Last sold for AED 1,500,000 in 2012

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2 Jul 2012Sold by developerOff-plan
AED 1,500,000AED 317 per sqft

Source: Dubai Land Department. Updated 2 July 2012.

Key facts

Type
5-bed villa
Size
4,726 sqft
Developer
Gulf Developers
Completed
2021
Last sold
AED 1.5M · July 2012
Community
The Palmarosa

About V016, The Palmarosa

V016 is a five-bedroom villa of 4,726 sqft in The Palmarosa, a villa community in Riverside completed in 2021 by Gulf Developers. The developer sold it on 2 July 2012 for AED 1,500,000, or AED 317 per sqft, 49% below the AED 618 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V016 over time

Sales
Villa V016, each saleTypical five-bed in The Palmarosa
5M20092011201320152017Typical sale price by year: 2009 AED 8,283,481; 2012 AED 1,500,000; 2016 AED 4,743,963Sold by developer, July 2012: AED 1,500,000 (AED 317 per sqft)

V016 has sold once; the dashed line is the five-bed median of each year in the community.

5-beds in The Palmarosa, and where V016 sits

All 29 5-beds →

V016 last sold in July 2012 at AED 317 per sqft, 49% below what five-beds in The Palmarosa were fetching at the time (AED 618).

Recent 5-bed salesVilla no.Price (AED)Summary
31 May 20224,000,000
24 Sep 20184,500,000
18 May 20167,642,026
18 May 20167,642,026
0 5-bed sales in the last 12 months

The Palmarosa

Community

253 villas, 4-bed to 5-bed in Riverside, completed in 2021 by Gulf Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 1,031
Typical sale
AED 2.75M
Typical rent
Few contracts
Typical yield
The Palmarosa, Riverside: prices, sales and rents →

V016, The Palmarosa in numbers

  • Sold once: by Gulf Developers on 2 July 2012 for AED 1,500,000, or AED 317 per sqft.

Source: Dubai Land Department. Updated 2 July 2012.

Questions about V016, The Palmarosa

What did villa V016 last sell for?

AED 1,500,000 on 2 July 2012, sold by the developer: AED 317 per sqft for 4,726 sqft. It is the only registered sale of the villa.

How big is villa V016?

4,726 sqft (439.1 sqm): a five-bedroom villa in The Palmarosa, completed in 2021.

What is villa V016 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 V016, The Palmarosa

Starts from the last sale price (AED 1.5M, 2 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →