2-bed · 4,048 sqftIris Park, Jumeirah Village Circle (JVC) · completed 2011

V02, Iris Park

Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 2.95M6 February 2025
Current rentAED 145K /yr22 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02, Iris Park

What is V02 worth today?

Last sold for AED 2,950,000 in 2025

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6 Feb 2025Sold by developerReady
AED 2,950,000AED 728 per sqft
22 May 2023RentedNew contract
AED 145,000/yr12 months · AED 36 per sqft
8 Dec 2021RentedNew contract
AED 110,000/yr12 months · AED 27 per sqft
14 Oct 2020RentedNew contract
AED 99,000/yr13 months · AED 24 per sqft
20 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 25 per sqft
20 Jun 2018RentedNew contract
AED 115,000/yr12 months · AED 28 per sqft
22 Apr 2017RentedNew contract
AED 155,000/yr12 months · AED 38 per sqft
2 Dec 2013RentedRenewal
AED 99,750/yr12 months · AED 25 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2025.

Key facts

Type
2-bed villa
Size
4,048 sqft
Developer
AB Properties
Completed
2011
Service charge
AED 9,600 /yr
Last sold
AED 2.95M · February 2025
Community
Iris Park

About V02, Iris Park

V02 is a two-bedroom villa of 4,048 sqft in Iris Park, a villa community in Jumeirah Village Circle (JVC) completed in 2011 by AB Properties. The developer sold it on 6 February 2025 for AED 2,950,000, or AED 728 per sqft, in line with the AED 728 two-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, signed on 22 May 2023, is AED 145,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 9,600 a year.

Sales and rents for V02 over time

Rents
Villa V02, each contractTypical two-bed in Iris Park
100K150K2011201520192023Typical rent by year: 2011 AED 95,000; 2013 AED 110,250; 2014 AED 145,000; 2015 AED 150,000; 2016 AED 155,000; 2017 AED 127,500; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 99,000; 2021 AED 102,500; 2022 AED 115,000; 2023 AED 145,000; 2024 AED 138,000New contract, December 2011: AED 95,000 a yearNew contract, December 2011: AED 95,000 a yearRenewal, December 2013: AED 99,750 a yearNew contract, April 2017: AED 155,000 a yearNew contract, June 2018: AED 115,000 a yearNew contract, August 2019: AED 100,000 a yearNew contract, October 2020: AED 99,000 a yearNew contract, December 2021: AED 110,000 a yearNew contract, May 2023: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in Iris Park, and where V02 sits

All 13 2-beds →

V02 last sold in February 2025 at AED 728 per sqft, in line with what two-beds in Iris Park were fetching at the time (AED 728).

Recent 2-bed salesVilla no.Price (AED)Summary
25 Aug 20252,860,000
12 Feb 20251,950,000
7 Feb 20252,950,000
6 Feb 20252,950,000
0 2-bed sales in the last 12 months

Iris Park

Community

15 villas, 2-bed to 3-bed in Jumeirah Village Circle (JVC), completed in 2011 by AB Properties. 1 sold in the last 12 months.

Typical price per sqft
AED 721
Typical sale
AED 3M
Typical rent
AED 228K /yr
Typical yield
6.6%
Iris Park, Jumeirah Village Circle (JVC): prices, sales and rents →

V02, Iris Park in numbers

  • Sold once: by AB Properties on 6 February 2025 for AED 2,950,000, or AED 728 per sqft.
  • Rented since December 2011 on 9 Ejari contracts, from AED 95,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 9,600 a year (AED 2.38 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2025.

Questions about V02, Iris Park

What did villa V02 last sell for?

AED 2,950,000 on 6 February 2025, sold by the developer: AED 728 per sqft for 4,048 sqft. It is the only registered sale of the villa.

What is the rent for villa V02?

AED 145,000 a year on the contract signed on 22 May 2023. The previous contract, from December 2021, was AED 110,000; the villa has been rented since December 2011.

How big is villa V02?

4,048 sqft (376.1 sqm): a two-bedroom villa in Iris Park, completed in 2011.

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, Iris Park

Starts from the last sale price (AED 2.95M, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →