2-bed · 4,160 sqftIris Park, Jumeirah Village Circle (JVC) · completed 2011

V05, Iris Park

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V05 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 2.51M12 June 2014
Current rentAED 138K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V05, Iris Park

What is V05 worth today?

Last sold for AED 2,510,000 in 2014

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20 Sep 2024RentedRenewal
AED 138,000/yr12 months · AED 33 per sqft
20 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 28 per sqft
1 Sep 2020RentedRenewal
AED 105,000/yr12 months · AED 25 per sqft
1 Mar 2019RentedRenewal
AED 118,000/yr12 months · AED 28 per sqft
1 Sep 2018RentedRenewal
AED 120,000/yr6 months · AED 29 per sqft
12 Jun 2014SoldReady
AED 2,510,000AED 603 per sqft
20 Feb 2012Sold by developerOff-plan
AED 3,000,000AED 721 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2024.

Key facts

Type
2-bed villa
Size
4,160 sqft
Developer
AB Properties
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 2.51M · June 2014
Community
Iris Park

About V05, Iris Park

V05 is a two-bedroom villa of 4,160 sqft in Iris Park, a villa community in Jumeirah Village Circle (JVC) completed in 2011 by AB Properties. It last sold on 12 June 2014 for AED 2,510,000, or AED 603 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 138,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 9,900 a year.

Sales and rents for V05 over time

Rents
Villa V05, 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 138,000Renewal, September 2018: AED 120,000 a yearRenewal, March 2019: AED 118,000 a yearRenewal, September 2020: AED 105,000 a yearNew contract, September 2022: AED 115,000 a yearRenewal, September 2024: AED 138,000 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 V05 sits

All 13 2-beds →
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 →

V05, Iris Park in numbers

  • Sold twice: first on 20 February 2012 for AED 3,000,000, last on 12 June 2014 for AED 2,510,000 (AED 603 per sqft).
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 105,000 in 2020 and recovered to AED 138,000 by September 2024.
  • At AED 138,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 9,900 a year (AED 2.38 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2024.

Questions about V05, Iris Park

What did villa V05 last sell for?

AED 2,510,000 on 12 June 2014: AED 603 per sqft for 4,160 sqft. The villa has 2 registered sales; the first was AED 3,000,000 in February 2012.

What is the rent for villa V05?

AED 138,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2022, was AED 115,000; the villa has been rented since September 2018.

How big is villa V05?

4,160 sqft (386.5 sqm): a two-bedroom villa in Iris Park, completed in 2011.

What is villa V05 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 V05, Iris Park

Starts from the last sale price (AED 2.51M, 12 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,510,000
Deposit, UAE resident (20%)
AED 502,000
Deposit, non-resident (40%)
AED 1,004,000
Monthly over 25 years at 3.7%
AED 10,269

Plus AED 110,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →