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

V12, Iris Park

Sold prices and rental history: sold once, by the developer in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V12 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 2.95M21 November 2024
Current rentAED 12K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V12, Iris Park

What is V12 worth today?

Last sold for AED 2,950,000 in 2024

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21 Nov 2024Sold by developerReady
AED 2,950,000AED 728 per sqft
1 Nov 2020RentedRenewal · flagged as an outlier
AED 12,155/yr42 months · AED 3 per sqft
1 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 25 per sqft
5 Jan 2017RentedNew contract
AED 145,000/yr12 months · AED 36 per sqft
9 Dec 2015RentedRenewal
AED 155,000/yr12 months · AED 38 per sqft
1 Nov 2013RentedNew contract
AED 112,000/yr12 months · AED 28 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.

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 · November 2024
Community
Iris Park

About V12, Iris Park

V12 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 21 November 2024 for AED 2,950,000, or AED 728 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 12,155 a year: a gross yield of 0.4% on the 2024 price, before the service charge of about AED 9,600 a year.

Sales and rents for V12 over time

Rents
Villa V12, 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, November 2013: AED 112,000 a yearRenewal, December 2015: AED 155,000 a yearNew contract, January 2017: AED 145,000 a yearNew contract, November 2019: AED 100,000 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 V12 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 →

V12, Iris Park in numbers

  • Sold once: by AB Properties on 21 November 2024 for AED 2,950,000, or AED 728 per sqft.
  • Rented since November 2013 on 5 Ejari contracts, from AED 112,000 to AED 12,155 a year.
  • At AED 12,155 a year the gross yield on the 2024 price is 0.4%, 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 21 November 2024.

Questions about V12, Iris Park

What did villa V12 last sell for?

AED 2,950,000 on 21 November 2024, 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 V12?

AED 12,155 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 100,000; the villa has been rented since November 2013.

How big is villa V12?

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

What is villa V12 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 V12, Iris Park

Starts from the last sale price (AED 2.95M, 21 November 2024). 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 →