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

V03, Iris Park

Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V03 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 2.95M6 February 2025
Current rentAED 140K /yr28 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V03, Iris Park

What is V03 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
28 Dec 2022RentedNew contract
AED 140,000/yr12 months · AED 35 per sqft
1 Dec 2021RentedNew contract
AED 115,000/yr12 months · AED 28 per sqft
14 Oct 2020RentedNew contract
AED 99,000/yr13 months · AED 24 per sqft
6 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 25 per sqft
5 Sep 2017RentedNew contract
AED 125,000/yr12 months · AED 31 per sqft
10 Apr 2016RentedRenewal
AED 145,000/yr12 months · AED 36 per sqft
10 Apr 2015RentedRenewal
AED 145,000/yr12 months · AED 36 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 V03, Iris Park

V03 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 2014 on 8 Ejari contracts. The current contract, signed on 28 December 2022, is AED 140,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 9,600 a year.

Sales and rents for V03 over time

Rents
Villa V03, 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, April 2014: AED 145,000 a yearRenewal, April 2015: AED 145,000 a yearRenewal, April 2016: AED 145,000 a yearNew contract, September 2017: AED 125,000 a yearNew contract, August 2019: AED 100,000 a yearNew contract, October 2020: AED 99,000 a yearNew contract, December 2021: AED 115,000 a yearNew contract, December 2022: AED 140,000 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 V03 sits

All 13 2-beds →

V03 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 →

V03, 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 April 2014 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 99,000 in 2020 and recovered to AED 140,000 by December 2022.
  • At AED 140,000 a year the gross yield on the 2025 price is 4.8%, 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 V03, Iris Park

What did villa V03 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 V03?

AED 140,000 a year on the contract signed on 28 December 2022. The previous contract, from December 2021, was AED 115,000; the villa has been rented since April 2014.

How big is villa V03?

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

What is villa V03 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 V03, 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 →