3-bed · 5,692 sqftWestar Reflections, Jumeirah Village Circle (JVC) · completed 2011

V02, Westar Reflections

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02 · DLD and Ejari recordsUpdated 1 August 2016
Last soldAED 3M18 June 2014
Current rentAED 190K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02, Westar Reflections

What is V02 worth today?

Last sold for AED 3,000,000 in 2014

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1 Aug 2016RentedNew contract
AED 190,000/yr60 months · AED 33 per sqft
1 Mar 2016RentedNew contract
AED 190,000/yr12 months · AED 33 per sqft
18 Jun 2014SoldReady
AED 3,000,000AED 527 per sqft
1 Mar 2014RentedNew contract
AED 190,000/yr12 months · AED 33 per sqft
20 Apr 2013RentedNew contract
AED 160,000/yr12 months · AED 28 per sqft
13 Dec 2011SoldReady
AED 2,514,389AED 441 per sqft
22 Jun 2009Sold by developerOff-plan
AED 2,685,541AED 471 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2016.

Key facts

Type
3-bed villa
Size
5,692 sqft
Developer
Westar Properties
Completed
2011
Service charge
AED 24,400 /yr
Last sold
AED 3M · June 2014

About V02, Westar Reflections

V02 is a three-bedroom villa of 5,692 sqft in Westar Reflections, a villa community in Jumeirah Village Circle (JVC) completed in 2011 by Westar Properties. It last sold on 18 June 2014 for AED 3,000,000, or AED 527 per sqft, in line with the AED 527 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 August 2016, is AED 190,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 24,400 a year.

Sales and rents for V02 over time

Sales
Villa V02, each saleTypical three-bed in Westar Reflections
2.5M3M3.5M2009201420192024Typical sale price by year: 2009 AED 2,685,541; 2011 AED 2,685,541; 2015 AED 2,650,000; 2025 AED 3,500,000Sold by developer, June 2009: AED 2,685,541 (AED 471 per sqft)Sold, December 2011: AED 2,514,389 (AED 441 per sqft)Sold, June 2014: AED 3,000,000 (AED 527 per sqft)

V02 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V02, each contractTypical three-bed in Westar Reflections
150K200K250K2013201720212025Typical rent by year: 2013 AED 150,000; 2014 AED 147,500; 2015 AED 155,000; 2016 AED 190,000; 2017 AED 155,000; 2018 AED 150,000; 2019 AED 130,000; 2025 AED 235,000New contract, April 2013: AED 160,000 a yearNew contract, March 2014: AED 190,000 a yearNew contract, March 2016: AED 190,000 a yearNew contract, August 2016: AED 190,000 a year

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

3-beds in Westar Reflections, and where V02 sits

All 9 3-beds →

V02 last sold in June 2014 at AED 527 per sqft, in line with what three-beds in Westar Reflections were fetching at the time (AED 527).

Recent 3-bed salesVilla no.Price (AED)Summary
4 Aug 20253,300,000
6 May 20253,825,000
11 Mar 20253,500,000
31 Oct 20232,500,000
0 3-bed sales in the last 12 months

Westar Reflections

Community

14 villas, 2-bed to 3-bed in Jumeirah Village Circle (JVC), completed in 2011 by Westar Properties. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Westar Reflections, Jumeirah Village Circle (JVC): prices, sales and rents →

V02, Westar Reflections in numbers

  • Sold 3 times: first on 22 June 2009 for AED 2,685,541, last on 18 June 2014 for AED 3,000,000 (AED 527 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, from AED 160,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 24,400 a year (AED 4.29 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2016.

Questions about V02, Westar Reflections

What did villa V02 last sell for?

AED 3,000,000 on 18 June 2014: AED 527 per sqft for 5,692 sqft. The villa has 3 registered sales; the first was AED 2,685,541 in June 2009.

What is the rent for villa V02?

AED 190,000 a year on the contract signed on 1 August 2016. The previous contract, from March 2016, was AED 190,000; the villa has been rented since April 2013.

How big is villa V02?

5,692 sqft (528.8 sqm): a three-bedroom villa in Westar Reflections, completed in 2011.

What is villa V02 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 V02, Westar Reflections

Starts from the last sale price (AED 3M, 18 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →