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

V04, Palace Estates

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V04 · DLD and Ejari recordsUpdated 12 December 2025
Last soldAED 2.4M19 October 2023
Current rentAED 192K /yr12 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V04, Palace Estates

What is V04 worth today?

Last sold for AED 2,400,000 in 2023

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12 Dec 2025RentedNew contract
AED 192,000/yr12 months · AED 55 per sqft
12 Dec 2024RentedNew contract
AED 175,000/yr12 months · AED 51 per sqft
15 Nov 2023RentedNew contract
AED 170,000/yr12 months · AED 49 per sqft
19 Oct 2023Sold by developerReady
AED 2,400,000AED 693 per sqft
5 Dec 2022RentedNew contract
AED 145,000/yr12 months · AED 42 per sqft
16 Jul 2022RentedNew contract
AED 135,000/yr12 months · AED 39 per sqft
14 Jul 2021RentedNew contract
AED 120,000/yr12 months · AED 35 per sqft
20 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 30 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2025.

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 2.4M · October 2023

About V04, Palace Estates

V04 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 19 October 2023 for AED 2,400,000, or AED 693 per sqft.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 12 December 2025, is AED 192,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for V04 over time

Sales
Villa V04, each saleTypical four-bed in Palace Estates
1M2M2017201920212023Typical sale price by year: 2017 AED 2,250,000; 2019 AED 1,000,000Sold by developer, October 2023: AED 2,400,000 (AED 693 per sqft)

V04 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V04, 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 185,000New contract, May 2017: AED 140,000 a yearNew contract, May 2018: AED 140,000 a yearRenewal, May 2019: AED 124,319 a yearNew contract, June 2020: AED 105,000 a yearNew contract, July 2021: AED 120,000 a yearNew contract, July 2022: AED 135,000 a yearNew contract, December 2022: AED 145,000 a yearNew contract, November 2023: AED 170,000 a yearNew contract, December 2024: AED 175,000 a yearNew contract, December 2025: AED 192,000 a year

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 V04 sits

All 13 4-beds →

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. V04's AED 192,000 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
15 Jan 20262,900,000
6 Mar 20191,000,000
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 →

V04, Palace Estates in numbers

  • Sold once: by Imtiaz Real Estate Investment & Development on 19 October 2023 for AED 2,400,000, or AED 693 per sqft.
  • Rented since May 2017 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2020 and recovered to AED 192,000 by December 2025.
  • At AED 192,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 6,600 a year (AED 1.91 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 12 December 2025.

Questions about V04, Palace Estates

What did villa V04 last sell for?

AED 2,400,000 on 19 October 2023, sold by the developer: AED 693 per sqft for 3,462 sqft. It is the only registered sale of the villa.

What is the rent for villa V04?

AED 192,000 a year on the contract signed on 12 December 2025. The previous contract, from December 2024, was AED 175,000; the villa has been rented since May 2017.

How big is villa V04?

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

What is villa V04 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 V04, Palace Estates

Starts from the last sale price (AED 2.4M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →