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

V12, Royal Park

Sold prices and rental history: sold twice, last in November 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V12 · DLD and Ejari recordsUpdated 1 January 2022
Last soldAED 2.58M11 November 2020
Current rentAED 120K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V12, Royal Park

What is V12 worth today?

Last sold for AED 2,580,000 in 2020

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1 Jan 2022RentedRenewal
AED 120,000/yr12 months · AED 49 per sqft
1 Jan 2021RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
11 Nov 2020SoldReady
AED 2,580,000AED 1,049 per sqft
16 Mar 2020Sold by developerOff-plan
AED 2,500,000AED 1,049 per sqft

Source: Dubai Land Department. Updated 1 January 2022.

Key facts

Type
4-bed villa
Size
2,458 sqft
Developer
Metrical Real Estate Development
Completed
2020
Last sold
AED 2.58M · November 2020
Community
Royal Park

About V12, Royal Park

V12 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 11 November 2020 for AED 2,580,000, or AED 1,049 per sqft, 5% below the AED 1,110 four-beds in the community were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 120,000 a year: a gross yield of 4.7% on the 2020 price.

Sales and rents for V12 over time

Sales
Villa V12, each saleTypical four-bed in Royal Park
4M202020222024Typical 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, March 2020: AED 2,500,000 (AED 1,049 per sqft)Sold, November 2020: AED 2,580,000 (AED 1,049 per sqft)

V12 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V12, each contractTypical four-bed in Royal Park
100K200K2020202120222023Typical rent by year: 2020 AED 172,500; 2021 AED 220,000; 2022 AED 231,500New contract, January 2021: AED 120,000 a yearRenewal, January 2022: AED 120,000 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 V12 sits

All 40 4-beds →

V12 last sold in November 2020 at AED 1,049 per sqft, 5% below what four-beds in Royal Park were fetching at the time (AED 1,110). V12's AED 120,000 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 →

V12, Royal Park in numbers

  • Sold twice: first on 16 March 2020 for AED 2,500,000, last on 11 November 2020 for AED 2,580,000 (AED 1,049 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 4.7%.

Source: Dubai Land Department. Updated 1 January 2022.

Questions about V12, Royal Park

What did villa V12 last sell for?

AED 2,580,000 on 11 November 2020: AED 1,049 per sqft for 2,458 sqft. The villa has 2 registered sales; the first was AED 2,500,000 in March 2020.

What is the rent for villa V12?

AED 120,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 120,000.

How big is villa V12?

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

What is villa V12 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 V12, Royal Park

Starts from the last sale price (AED 2.58M, 11 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,580,000
Deposit, UAE resident (20%)
AED 516,000
Deposit, non-resident (40%)
AED 1,032,000
Monthly over 25 years at 3.7%
AED 10,556

Plus AED 113,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →