4-bed · 1,229 sqftRoyal Park, Jumeirah Park · completed 2020

V29, Royal Park

Sold prices and rental history: sold once, by the developer in February 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V29 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.75M22 February 2024
Current rentAED 292K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V29, Royal Park

What is V29 worth today?

Last sold for AED 1,747,179 in 2024

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1 Dec 2024RentedRenewal · flagged as an outlier
AED 291,500/yr12 months · AED 119 per sqft
22 Feb 2024Sold by developerReady
AED 1,747,179AED 1,421 per sqft
1 Dec 2023RentedRenewal
AED 265,000/yr12 months · AED 108 per sqft
1 Dec 2022RentedNew contract
AED 265,000/yr12 months · AED 108 per sqft
15 Sep 2022RentedRenewal
AED 228,000/yr2 months · AED 93 per sqft
15 Sep 2021RentedNew contract
AED 220,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
4-bed villa
Size
1,229 sqft
Developer
Metrical Real Estate Development
Completed
2020
Last sold
AED 1.75M · February 2024
Community
Royal Park

About V29, Royal Park

V29 is a four-bedroom villa of 1,229 sqft in Royal Park, a villa community in Jumeirah Park completed in 2020 by Metrical Real Estate Development. The developer sold it on 22 February 2024 for AED 1,747,179, or AED 1,421 per sqft, 14% below the AED 1,647 four-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 291,500 a year: a gross yield of 16.7% on the 2024 price.

Sales and rents for V29 over time

Sales
Villa V29, each saleTypical four-bed in Royal Park
2M4M202020222024Typical 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, February 2024: AED 1,747,179 (AED 1,421 per sqft)

V29 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V29, each contractTypical four-bed in Royal Park
200K250K202020222024Typical rent by year: 2020 AED 172,500; 2021 AED 220,000; 2022 AED 231,500New contract, September 2021: AED 220,000 a yearRenewal, September 2022: AED 228,000 a yearNew contract, December 2022: AED 265,000 a yearRenewal, December 2023: AED 265,000 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 V29 sits

All 40 4-beds →

V29 last sold in February 2024 at AED 1,421 per sqft, 14% below what four-beds in Royal Park were fetching at the time (AED 1,647). V29's AED 291,500 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 →

V29, Royal Park in numbers

  • Sold once: by Metrical Real Estate Development on 22 February 2024 for AED 1,747,179, or AED 1,421 per sqft.
  • Rented since September 2021 on 5 Ejari contracts, from AED 220,000 to AED 291,500 a year.
  • At AED 291,500 a year the gross yield on the 2024 price is 16.7%.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about V29, Royal Park

What did villa V29 last sell for?

AED 1,747,179 on 22 February 2024, sold by the developer: AED 1,421 per sqft for 1,229 sqft. It is the only registered sale of the villa.

What is the rent for villa V29?

AED 291,500 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 265,000; the villa has been rented since September 2021.

How big is villa V29?

1,229 sqft (114.2 sqm): a four-bedroom villa in Royal Park, completed in 2020.

What is villa V29 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 V29, Royal Park

Starts from the last sale price (AED 1.75M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,747,179
Deposit, UAE resident (20%)
AED 349,436
Deposit, non-resident (40%)
AED 698,872
Monthly over 25 years at 3.7%
AED 7,148

Plus AED 78,391 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →