4-bed · 3,512 sqftPalace Estates, Jumeirah Village Circle (JVC) · completed 2017

V07, Palace Estates

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

Villa V07 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 2.12M6 April 2017
Current rentAED 175K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V07, Palace Estates

What is V07 worth today?

Last sold for AED 2,120,000 in 2017

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20 Oct 2025RentedRenewal
AED 175,000/yr12 months · AED 50 per sqft
20 Oct 2024RentedRenewal
AED 175,000/yr12 months · AED 50 per sqft
20 Oct 2023RentedNew contract
AED 175,000/yr12 months · AED 50 per sqft
31 Jul 2022RentedRenewal
AED 105,000/yr12 months · AED 30 per sqft
1 Jul 2020RentedRenewal
AED 95,000/yr12 months · AED 27 per sqft
1 Jul 2019RentedNew contract
AED 110,000/yr12 months · AED 31 per sqft
1 Jun 2017RentedNew contract
AED 140,000/yr12 months · AED 40 per sqft
6 Apr 2017Sold by developerReady
AED 2,120,000AED 603 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2025.

Key facts

Type
4-bed villa
Size
3,512 sqft
Developer
Imtiaz Real Estate Investment & Development
Completed
2017
Service charge
AED 6,700 /yr
Last sold
AED 2.12M · April 2017

About V07, Palace Estates

V07 is a four-bedroom villa of 3,512 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 6 April 2017 for AED 2,120,000, or AED 603 per sqft, 21% below the AED 764 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 20 October 2025, is AED 175,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 6,700 a year.

Sales and rents for V07 over time

Sales
Villa V07, each saleTypical four-bed in Palace Estates
1M2M2017201820192020Typical sale price by year: 2017 AED 2,250,000; 2019 AED 1,000,000Sold by developer, April 2017: AED 2,120,000 (AED 603 per sqft)

V07 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V07, 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, June 2017: AED 140,000 a yearNew contract, July 2019: AED 110,000 a yearRenewal, July 2020: AED 95,000 a yearRenewal, July 2022: AED 105,000 a yearNew contract, October 2023: AED 175,000 a yearRenewal, October 2024: AED 175,000 a yearRenewal, October 2025: AED 175,000 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 V07 sits

All 13 4-beds →

V07 last sold in April 2017 at AED 603 per sqft, 21% below what four-beds in Palace Estates were fetching at the time (AED 764). 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. V07's AED 175,000 is at the bottom of that range.

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 →

V07, Palace Estates in numbers

  • Sold once: by Imtiaz Real Estate Investment & Development on 6 April 2017 for AED 2,120,000, or AED 603 per sqft.
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 175,000 by October 2025.
  • At AED 175,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 6,700 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 20 October 2025.

Questions about V07, Palace Estates

What did villa V07 last sell for?

AED 2,120,000 on 6 April 2017, sold by the developer: AED 603 per sqft for 3,512 sqft. It is the only registered sale of the villa.

What is the rent for villa V07?

AED 175,000 a year on the contract renewed on 20 October 2025. The previous contract, from October 2024, was AED 175,000; the villa has been rented since June 2017.

How big is villa V07?

3,512 sqft (326.3 sqm): a four-bedroom villa in Palace Estates, completed in 2017.

What is villa V07 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 V07, Palace Estates

Starts from the last sale price (AED 2.12M, 6 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,120,000
Deposit, UAE resident (20%)
AED 424,000
Deposit, non-resident (40%)
AED 848,000
Monthly over 25 years at 3.7%
AED 8,674

Plus AED 94,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →