4-bed · 3,462 sqftPalace Estates, Jumeirah Village Circle (JVC) · completed 2017

V02, Palace Estates

Sold prices and rental history: sold once, by the developer in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02 · DLD and Ejari recordsUpdated 17 May 2017
Last soldAED 2.3M17 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02, Palace Estates

What is V02 worth today?

Last sold for AED 2,300,000 in 2017

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17 May 2017Sold by developerReady
AED 2,300,000AED 664 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2017.

Key facts

Type
4-bed villa
Size
3,462 sqft
Developer
Imtiaz Real Estate Investment & Development
Completed
2017
Service charge
AED 6,600 /yr
Last sold
AED 2.3M · May 2017

About V02, Palace Estates

V02 is a four-bedroom villa of 3,462 sqft in Palace Estates, a villa community in Jumeirah Village Circle (JVC) completed in 2017 by Imtiaz Real Estate Investment & Development. The developer sold it on 17 May 2017 for AED 2,300,000, or AED 664 per sqft, 7% below the AED 714 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V02 over time

Sales
Villa V02, each saleTypical four-bed in Palace Estates
1M2M2017201820192020Typical sale price by year: 2017 AED 2,250,000; 2019 AED 1,000,000Sold by developer, May 2017: AED 2,300,000 (AED 664 per sqft)

V02 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V02, each contractTypical four-bed in Palace Estates
100K150K200K2017202020232026Typical rent by year: 2017 AED 140,000; 2018 AED 140,000; 2019 AED 110,000; 2020 AED 97,500; 2021 AED 115,000; 2022 AED 130,000; 2023 AED 155,000; 2024 AED 175,000; 2025 AED 185,000

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

4-beds in Palace Estates, and where V02 sits

All 13 4-beds →

V02 last sold in May 2017 at AED 664 per sqft, 7% below what four-beds in Palace Estates were fetching at the time (AED 714). Over the last 12 months four-beds sold for AED 2,900,000, around AED 837 per sqft, and rent for AED 190,000 to 220,000 a year.

Recent 4-bed salesVilla no.Price (AED)Summary
15 Jan 20262,900,000
19 Oct 20232,400,000
6 Mar 20191,000,000
6 Mar 20191,000,000
1 4-bed sale in the last 12 months

Palace Estates

Community

13 villas, 4-bed in Jumeirah Village Circle (JVC), completed in 2017 by Imtiaz Real Estate Investment & Development. 1 sold in the last 12 months.

Typical price per sqft
AED 837
Typical sale
AED 2.9M
Typical rent
AED 192K /yr
Typical yield
6.6%
Palace Estates, Jumeirah Village Circle (JVC): prices, sales and rents →

V02, Palace Estates in numbers

  • Sold once: by Imtiaz Real Estate Investment & Development on 17 May 2017 for AED 2,300,000, or AED 664 per sqft.
  • Four-beds in Palace Estates sold for AED 2,900,000–2,900,000 in the 12 months to November 2026; the community's median across all types is AED 837 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2017.

Questions about V02, Palace Estates

What did villa V02 last sell for?

AED 2,300,000 on 17 May 2017, sold by the developer: AED 664 per sqft for 3,462 sqft. It is the only registered sale of the villa.

How big is villa V02?

3,462 sqft (321.6 sqm): a four-bedroom villa in Palace Estates, completed in 2017.

What is villa V02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Palace Estates sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 837 per sqft.

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Mortgage on V02, Palace Estates

Starts from the last sale price (AED 2.3M, 17 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →