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

V09, Palace Estates

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V09 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 2.25M6 July 2017
Current rentAED 170K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V09, Palace Estates

What is V09 worth today?

Last sold for AED 2,250,000 in 2017

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5 Mar 2025RentedRenewal
AED 170,000/yr13 months · AED 49 per sqft
5 Mar 2024RentedNew contract
AED 170,000/yr12 months · AED 49 per sqft
25 Dec 2022RentedNew contract
AED 130,000/yr12 months · AED 38 per sqft
25 Apr 2022RentedNew contract
AED 130,000/yr12 months · AED 38 per sqft
6 Jul 2017Sold by developerReady
AED 2,250,000AED 649 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 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 2.25M · July 2017

About V09, Palace Estates

V09 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 6 July 2017 for AED 2,250,000, or AED 649 per sqft, in line with the AED 657 four-beds in the community were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 170,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for V09 over time

Sales
Villa V09, each saleTypical four-bed in Palace Estates
1M2M2017201820192020Typical sale price by year: 2017 AED 2,250,000; 2019 AED 1,000,000Sold by developer, July 2017: AED 2,250,000 (AED 649 per sqft)

V09 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V09, 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, April 2022: AED 130,000 a yearNew contract, December 2022: AED 130,000 a yearNew contract, March 2024: AED 170,000 a yearRenewal, March 2025: AED 170,000 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 V09 sits

All 13 4-beds →

V09 last sold in July 2017 at AED 649 per sqft, in line with what four-beds in Palace Estates were fetching at the time (AED 657). 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. V09's AED 170,000 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 →

V09, Palace Estates in numbers

  • Sold once: by Imtiaz Real Estate Investment & Development on 6 July 2017 for AED 2,250,000, or AED 649 per sqft.
  • Rented since April 2022 on 4 Ejari contracts, from AED 130,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 7.6%, 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 5 March 2025.

Questions about V09, Palace Estates

What did villa V09 last sell for?

AED 2,250,000 on 6 July 2017, sold by the developer: AED 649 per sqft for 3,462 sqft. It is the only registered sale of the villa.

What is the rent for villa V09?

AED 170,000 a year on the contract renewed on 5 March 2025. The previous contract, from March 2024, was AED 170,000; the villa has been rented since April 2022.

How big is villa V09?

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

What is villa V09 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 V09, Palace Estates

Starts from the last sale price (AED 2.25M, 6 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →