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3-bed · 2,894 sqftSouth Bay 1, Dubai South · completed 2025

V023, South Bay 1

Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V023 · DLD and Ejari recordsUpdated 16 February 2023
Last soldAED 2.1M16 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V023, South Bay 1

What is V023 worth today?

Last sold for AED 2,100,000 in 2023

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16 Feb 2023Sold by developerOff-plan
AED 2,100,000AED 725 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2023.

Key facts

Type
3-bed villa
Size
2,894 sqft
Developer
Dubai South Properties Dwc
Completed
2025
Last sold
AED 2.1M · February 2023
Community
South Bay 1

About V023, South Bay 1

V023 is a three-bedroom villa of 2,894 sqft in South Bay 1, a villa community in Dubai South completed in 2025 by Dubai South Properties Dwc. The developer sold it on 16 February 2023 for AED 2,100,000, or AED 725 per sqft, in line with the AED 725 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V023 over time

Sales
Villa V023, each saleTypical three-bed in South Bay 1
2.08M2.1M202220232024Typical sale price by year: 2022 AED 2,100,000; 2023 AED 2,071,500Sold by developer, February 2023: AED 2,100,000 (AED 725 per sqft)

V023 has sold once; the dashed line is the three-bed median of each year in the community.

3-beds in South Bay 1, and where V023 sits

All 30 3-beds →

V023 last sold in February 2023 at AED 725 per sqft, in line with what three-beds in South Bay 1 were fetching at the time (AED 725).

Recent 3-bed salesVilla no.Price (AED)Summary
14 Aug 20253,500,000
23 Jun 20253,200,000
26 Jun 20242,775,000
28 Dec 20232,043,000
0 3-bed sales in the last 12 months

South Bay 1

Community

251 villas, 3-bed to 7-bed in Dubai South, completed in 2025 by Dubai South Properties Dwc. 4 sold in the last 12 months.

Typical price per sqft
AED 1,180
Typical sale
AED 4.35M
Typical rent
Few contracts
Typical yield
South Bay 1, Dubai South: prices, sales and rents →

V023, South Bay 1 in numbers

  • Sold once: by Dubai South Properties Dwc on 16 February 2023 for AED 2,100,000, or AED 725 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2023.

Questions about V023, South Bay 1

What did villa V023 last sell for?

AED 2,100,000 on 16 February 2023, sold by the developer: AED 725 per sqft for 2,894 sqft. It is the only registered sale of the villa.

How big is villa V023?

2,894 sqft (268.9 sqm): a three-bedroom villa in South Bay 1, completed in 2025.

What is villa V023 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 V023, South Bay 1

Starts from the last sale price (AED 2.1M, 16 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →