5-bed · 5,711 sqftHarmony 1, Tilal Al Ghaf · completed 2024

V062, Harmony 1

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

Villa V062 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 5.67M17 October 2021
Current rentAED 850K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V062, Harmony 1

What is V062 worth today?

Last sold for AED 5,665,000 in 2021

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20 Sep 2024RentedNew contract
AED 850,000/yr24 months · AED 149 per sqft
17 Oct 2021Sold by developerOff-plan
AED 5,665,000AED 991 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
5-bed villa
Size
5,711 sqft
Developer
Majid Al Futtaim Tilal Al Ghaf Phase A
Completed
2024
Last sold
AED 5.67M · October 2021
Community
Harmony 1

About V062, Harmony 1

V062 is a five-bedroom villa of 5,711 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 17 October 2021 for AED 5,665,000, or AED 991 per sqft, 6% above the AED 936 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 20 September 2024. The current contract, signed on 20 September 2024, is AED 850,000 a year: a gross yield of 15.0% on the 2021 price.

Sales and rents for V062 over time

Sales
Villa V062, each saleTypical five-bed in Harmony 1
5M10M202120232025Typical sale price by year: 2021 AED 4,310,000; 2022 AED 5,100,000; 2023 AED 7,600,000; 2024 AED 11,000,000; 2025 AED 11,025,000Sold by developer, October 2021: AED 5,665,000 (AED 991 per sqft)

V062 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V062, each contractTypical five-bed in Harmony 1
600K800K202420252026Typical rent by year: 2024 AED 620,000; 2025 AED 700,000New contract, September 2024: AED 850,000 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 Harmony 1, and where V062 sits

All 49 5-beds →

V062 last sold in October 2021 at AED 991 per sqft, 6% above what five-beds in Harmony 1 were fetching at the time (AED 936). Over the last 12 months five-beds sold for AED 11,800,000 to 13,000,000, around AED 2,551 per sqft, and rent for AED 871,250 to 950,000 a year. V062's AED 850,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
28 Nov 202511,800,000
26 Nov 202513,000,000
11 Sep 202510,250,000
29 Jul 202516,000,000
2 5-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 →

V062, Harmony 1 in numbers

  • Sold once: by Majid Al Futtaim Tilal Al Ghaf Phase A on 17 October 2021 for AED 5,665,000, or AED 991 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 850,000 a year.
  • At AED 850,000 a year the gross yield on the 2021 price is 15.0%.
  • Five-beds in Harmony 1 sold for AED 11,800,000–13,000,000 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 20 September 2024.

Questions about V062, Harmony 1

What did villa V062 last sell for?

AED 5,665,000 on 17 October 2021, sold by the developer: AED 991 per sqft for 5,711 sqft. It is the only registered sale of the villa.

What is the rent for villa V062?

AED 850,000 a year on the contract signed on 20 September 2024.

How big is villa V062?

5,711 sqft (530.6 sqm): a five-bedroom villa in Harmony 1, completed in 2024.

What is villa V062 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Harmony 1 sold for AED 11,800,000 to 13,000,000 in the last 12 months, around AED 2,551 per sqft.

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Mortgage on V062, Harmony 1

Starts from the last sale price (AED 5.67M, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,665,000
Deposit, UAE resident (20%)
AED 1,133,000
Deposit, non-resident (40%)
AED 2,266,000
Monthly over 25 years at 3.7%
AED 23,177

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