4-bed · 2,458 sqftRoyal Park, Jumeirah Park · completed 2020

V02, Royal Park

Sold prices and rental history: sold 3 times, last in September 2023, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02 · DLD and Ejari recordsUpdated 9 September 2023
Last soldAED 4.05M9 September 2023
Current rentAED 220K /yr30 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02, Royal Park

What is V02 worth today?

Last sold for AED 4,050,000 in 2023

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9 Sep 2023SoldReady
AED 4,050,000AED 1,647 per sqft
20 Oct 2021SoldReady
AED 3,350,000AED 1,363 per sqft
30 Jan 2021RentedNew contract
AED 220,000/yr12 months · AED 90 per sqft
19 Oct 2020Sold by developerReady
AED 2,800,000AED 1,139 per sqft

Source: Dubai Land Department. Updated 9 September 2023.

Key facts

Type
4-bed villa
Size
2,458 sqft
Developer
Metrical Real Estate Development
Completed
2020
Last sold
AED 4.05M · September 2023
Community
Royal Park

About V02, Royal Park

V02 is a four-bedroom villa of 2,458 sqft in Royal Park, a villa community in Jumeirah Park completed in 2020 by Metrical Real Estate Development. It last sold on 9 September 2023 for AED 4,050,000, or AED 1,647 per sqft, 5% below the AED 1,728 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 30 January 2021. The current contract, signed on 30 January 2021, is AED 220,000 a year: a gross yield of 5.4% on the 2023 price.

Sales and rents for V02 over time

Sales
Villa V02, each saleTypical four-bed in Royal Park
3M4M5M202020222024Typical sale price by year: 2020 AED 2,700,000; 2021 AED 2,900,000; 2022 AED 4,000,000; 2023 AED 4,300,000; 2024 AED 4,900,000Sold by developer, October 2020: AED 2,800,000 (AED 1,139 per sqft)Sold, October 2021: AED 3,350,000 (AED 1,363 per sqft)Sold, September 2023: AED 4,050,000 (AED 1,647 per sqft)

V02 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V02, each contractTypical four-bed in Royal Park
200K2020202120222023Typical rent by year: 2020 AED 172,500; 2021 AED 220,000; 2022 AED 231,500New contract, January 2021: AED 220,000 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 Royal Park, and where V02 sits

All 40 4-beds →

V02 last sold in September 2023 at AED 1,647 per sqft, 5% below what four-beds in Royal Park were fetching at the time (AED 1,728). V02's AED 220,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
19 Sep 20255,900,000
16 Jul 20255,880,000
12 Sep 20244,900,000
5 Jun 20244,950,000
0 4-bed sales in the last 12 months

Royal Park

Community

40 villas, 4-bed in Jumeirah Park, completed in 2020 by Metrical Real Estate Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 342K /yr
Typical yield
Royal Park, Jumeirah Park: prices, sales and rents →

V02, Royal Park in numbers

  • Sold 3 times: first on 19 October 2020 for AED 2,800,000, last on 9 September 2023 for AED 4,050,000 (AED 1,647 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 5.4%.

Source: Dubai Land Department. Updated 9 September 2023.

Questions about V02, Royal Park

What did villa V02 last sell for?

AED 4,050,000 on 9 September 2023: AED 1,647 per sqft for 2,458 sqft. The villa has 3 registered sales; the first was AED 2,800,000 in October 2020.

What is the rent for villa V02?

AED 220,000 a year on the contract signed on 30 January 2021.

How big is villa V02?

2,458 sqft (228.4 sqm): a four-bedroom villa in Royal Park, completed in 2020.

What is villa V02 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 V02, Royal Park

Starts from the last sale price (AED 4.05M, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

Plus AED 175,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →