3-bed · 3,630 sqftMarbella Village, Victory Heights · completed 2022

V002, Marbella Village

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

Villa V002 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 3.8M29 January 2024
Current rentAED 225K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V002, Marbella Village

What is V002 worth today?

Last sold for AED 3,800,000 in 2024

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29 Jan 2024SoldReady
AED 3,800,000AED 1,046 per sqft
5 Sep 2023RentedRenewal
AED 225,000/yr12 months · AED 62 per sqft
13 Oct 2021RentedNew contract
AED 190,000/yr12 months · AED 52 per sqft
1 Jul 2020Sold by developerOff-plan
AED 2,400,000AED 661 per sqft

Source: Dubai Land Department. Updated 29 January 2024.

Key facts

Type
3-bed villa
Size
3,630 sqft
Developer
Victory Heights Real Estate Development
Completed
2022
Last sold
AED 3.8M · January 2024

About V002, Marbella Village

V002 is a three-bedroom villa of 3,630 sqft in Marbella Village, a villa community in Victory Heights completed in 2022 by Victory Heights Real Estate Development. It last sold on 29 January 2024 for AED 3,800,000, or AED 1,046 per sqft, 7% above the AED 978 three-beds in the community were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 5 September 2023, is AED 225,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for V002 over time

Sales
Villa V002, each saleTypical three-bed in Marbella Village
2M4M2020202220242026Typical sale price by year: 2020 AED 2,265,000; 2021 AED 2,270,000; 2022 AED 2,875,000; 2023 AED 3,350,000; 2024 AED 3,800,000; 2025 AED 4,650,000Sold by developer, July 2020: AED 2,400,000 (AED 661 per sqft)Sold, January 2024: AED 3,800,000 (AED 1,046 per sqft)

V002 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V002, each contractTypical three-bed in Marbella Village
200K225K250K2021202320252027Typical rent by year: 2021 AED 190,000; 2022 AED 192,500; 2023 AED 220,000; 2024 AED 245,000; 2025 AED 240,000; 2026 AED 225,000New contract, October 2021: AED 190,000 a yearRenewal, September 2023: AED 225,000 a year

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

3-beds in Marbella Village, and where V002 sits

All 95 3-beds →

V002 last sold in January 2024 at AED 1,046 per sqft, 7% above what three-beds in Marbella Village were fetching at the time (AED 978). Over the last 12 months three-beds sold for AED 4,240,000 to 5,450,000, around AED 1,294 per sqft, and rent for AED 205,000 to 257,000 a year. V002's AED 225,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
26 Jan 20264,240,000
14 Jan 20264,700,000
14 Nov 20255,450,000
23 Oct 20254,450,000
3 3-bed sales in the last 12 months

Marbella Village

Community

103 villas, 3-bed to 5-bed in Victory Heights, completed in 2022 by Victory Heights Real Estate Development. 3 sold in the last 12 months.

Typical price per sqft
AED 1,294
Typical sale
AED 4.7M
Typical rent
AED 225K /yr
Typical yield
4.9%
Marbella Village, Victory Heights: prices, sales and rents →

V002, Marbella Village in numbers

  • Sold twice: first on 1 July 2020 for AED 2,400,000, last on 29 January 2024 for AED 3,800,000 (AED 1,046 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, from AED 190,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2024 price is 5.9%.
  • Three-beds in Marbella Village sold for AED 4,240,000–5,450,000 in the 12 months to November 2026; the community's median across all types is AED 1,294 per sqft.

Source: Dubai Land Department. Updated 29 January 2024.

Questions about V002, Marbella Village

What did villa V002 last sell for?

AED 3,800,000 on 29 January 2024: AED 1,046 per sqft for 3,630 sqft. The villa has 2 registered sales; the first was AED 2,400,000 in July 2020.

What is the rent for villa V002?

AED 225,000 a year on the contract renewed on 5 September 2023. The previous contract, from October 2021, was AED 190,000.

How big is villa V002?

3,630 sqft (337.2 sqm): a three-bedroom villa in Marbella Village, completed in 2022.

What is villa V002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marbella Village sold for AED 4,240,000 to 5,450,000 in the last 12 months, around AED 1,294 per sqft.

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Mortgage on V002, Marbella Village

Starts from the last sale price (AED 3.8M, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →