4-bed · 3,763 sqftHarmony 1, Tilal Al Ghaf · completed 2024

V038, Harmony 1

Sold prices and rental history: sold once, by the developer in February 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V038 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 3.02M21 February 2021
Current rentAED 500K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V038, Harmony 1

What is V038 worth today?

Last sold for AED 3,018,000 in 2021

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1 Dec 2025RentedNew contract
AED 500,000/yr12 months · AED 133 per sqft
23 Apr 2025RentedRenewal
AED 430,000/yr12 months · AED 114 per sqft
23 Apr 2024RentedNew contract
AED 430,000/yr12 months · AED 114 per sqft
21 Feb 2021Sold by developerOff-plan
AED 3,018,000AED 802 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
4-bed villa
Size
3,763 sqft
Developer
Majid Al Futtaim Tilal Al Ghaf Phase A
Completed
2024
Last sold
AED 3.02M · February 2021
Community
Harmony 1

About V038, Harmony 1

V038 is a four-bedroom villa of 3,763 sqft in Harmony 1, a villa community in Tilal Al Ghaf completed in 2024 by Majid Al Futtaim Tilal Al Ghaf Phase A . The developer sold it on 21 February 2021 for AED 3,018,000, or AED 802 per sqft, 11% below the AED 897 four-beds in the community were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 December 2025, is AED 500,000 a year: a gross yield of 16.6% on the 2021 price.

Sales and rents for V038 over time

Sales
Villa V038, each saleTypical four-bed in Harmony 1
2.5M5M7.5M202120232025Typical sale price by year: 2021 AED 3,386,000; 2022 AED 4,025,000; 2023 AED 5,600,000; 2024 AED 7,200,000; 2025 AED 7,837,500Sold by developer, February 2021: AED 3,018,000 (AED 802 per sqft)

V038 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V038, each contractTypical four-bed in Harmony 1
500K2024202520262027Typical rent by year: 2024 AED 430,000; 2025 AED 440,000; 2026 AED 550,000New contract, April 2024: AED 430,000 a yearRenewal, April 2025: AED 430,000 a yearNew contract, December 2025: AED 500,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Harmony 1, and where V038 sits

All 155 4-beds →

V038 last sold in February 2021 at AED 802 per sqft, 11% below what four-beds in Harmony 1 were fetching at the time (AED 897). Over the last 12 months four-beds sold for AED 8,500,000 to 8,800,000, around AED 2,284 per sqft, and rent for AED 470,000 to 747,989 a year. V038's AED 500,000 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
14 Jan 20268,700,000
17 Dec 20258,500,000
14 Nov 20258,800,000
14 Oct 20258,050,000
3 4-bed sales in the last 12 months

Harmony 1

Community

204 villas, 4-bed to 5-bed in Tilal Al Ghaf, completed in 2024 by Majid Al Futtaim Tilal Al Ghaf Phase A . 5 sold in the last 12 months.

Typical price per sqft
AED 2,339
Typical sale
AED 8.8M
Typical rent
AED 600K /yr
Typical yield
6.3%
Harmony 1, Tilal Al Ghaf: prices, sales and rents →

V038, Harmony 1 in numbers

  • Sold once: by Majid Al Futtaim Tilal Al Ghaf Phase A on 21 February 2021 for AED 3,018,000, or AED 802 per sqft.
  • Rented since April 2024 on 3 Ejari contracts, from AED 430,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2021 price is 16.6%.
  • Four-beds in Harmony 1 sold for AED 8,500,000–8,800,000 in the 12 months to November 2026; the community's median across all types is AED 2,339 per sqft.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about V038, Harmony 1

What did villa V038 last sell for?

AED 3,018,000 on 21 February 2021, sold by the developer: AED 802 per sqft for 3,763 sqft. It is the only registered sale of the villa.

What is the rent for villa V038?

AED 500,000 a year on the contract signed on 1 December 2025. The previous contract, from April 2025, was AED 430,000; the villa has been rented since April 2024.

How big is villa V038?

3,763 sqft (349.6 sqm): a four-bedroom villa in Harmony 1, completed in 2024.

What is villa V038 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Harmony 1 sold for AED 8,500,000 to 8,800,000 in the last 12 months, around AED 2,284 per sqft.

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Mortgage on V038, Harmony 1

Starts from the last sale price (AED 3.02M, 21 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,018,000
Deposit, UAE resident (20%)
AED 603,600
Deposit, non-resident (40%)
AED 1,207,200
Monthly over 25 years at 3.7%
AED 12,348

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