4-bed · 2,461 sqftRoyal Park, Jumeirah Park · completed 2020

V24, Royal Park

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V24 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 3.8M1 August 2022
Current rentAED 170K /yr26 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V24, Royal Park

What is V24 worth today?

Last sold for AED 3,800,000 in 2022

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1 Aug 2022Sold by developerReady
AED 3,800,000AED 1,544 per sqft
26 Sep 2020RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2022.

Key facts

Type
4-bed villa
Size
2,461 sqft
Developer
Metrical Real Estate Development
Completed
2020
Last sold
AED 3.8M · August 2022
Community
Royal Park

About V24, Royal Park

V24 is a four-bedroom villa of 2,461 sqft in Royal Park, a villa community in Jumeirah Park completed in 2020 by Metrical Real Estate Development. The developer sold it on 1 August 2022 for AED 3,800,000, or AED 1,544 per sqft, 4% above the AED 1,483 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 26 September 2020. The current contract, signed on 26 September 2020, is AED 170,000 a year: a gross yield of 4.5% on the 2022 price.

Sales and rents for V24 over time

Sales
Villa V24, 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, August 2022: AED 3,800,000 (AED 1,544 per sqft)

V24 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V24, each contractTypical four-bed in Royal Park
200K2020202120222023Typical rent by year: 2020 AED 172,500; 2021 AED 220,000; 2022 AED 231,500New contract, September 2020: AED 170,000 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 V24 sits

All 40 4-beds →

V24 last sold in August 2022 at AED 1,544 per sqft, 4% above what four-beds in Royal Park were fetching at the time (AED 1,483). V24's AED 170,000 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 →

V24, Royal Park in numbers

  • Sold once: by Metrical Real Estate Development on 1 August 2022 for AED 3,800,000, or AED 1,544 per sqft.
  • Rented since September 2020 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 4.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2022.

Questions about V24, Royal Park

What did villa V24 last sell for?

AED 3,800,000 on 1 August 2022, sold by the developer: AED 1,544 per sqft for 2,461 sqft. It is the only registered sale of the villa.

What is the rent for villa V24?

AED 170,000 a year on the contract signed on 26 September 2020.

How big is villa V24?

2,461 sqft (228.6 sqm): a four-bedroom villa in Royal Park, completed in 2020.

What is villa V24 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 V24, Royal Park

Starts from the last sale price (AED 3.8M, 1 August 2022). 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 →