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2-bed · 5,243 sqftWestar Reflections, Jumeirah Village Circle (JVC) · completed 2011

V04, Westar Reflections

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V04 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 2.65M9 November 2023
Current rentAED 75K /yr29 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V04, Westar Reflections

What is V04 worth today?

Last sold for AED 2,650,000 in 2023

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29 Nov 2023RentedNew contract
AED 75,000/yr60 months · AED 14 per sqft
9 Nov 2023SoldReady
AED 2,650,000AED 505 per sqft
15 Jun 2023RentedRenewal
AED 130,000/yr12 months · AED 25 per sqft
15 Jun 2022RentedNew contract
AED 125,000/yr12 months · AED 24 per sqft
15 Jan 2022RentedNew contract
AED 120,000/yr12 months · AED 23 per sqft
1 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 19 per sqft
10 Dec 2017RentedNew contract
AED 145,000/yr12 months · AED 28 per sqft
1 Nov 2016RentedNew contract
AED 150,000/yr12 months · AED 29 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2023.

Key facts

Type
2-bed villa
Size
5,243 sqft
Developer
Westar Properties
Completed
2011
Service charge
AED 22,500 /yr
Last sold
AED 2.65M · November 2023
Community
Westar Reflections

About V04, Westar Reflections

V04 is a two-bedroom villa of 5,243 sqft in Westar Reflections, a villa community in Jumeirah Village Circle (JVC) completed in 2011 by Westar Properties. It last sold on 9 November 2023 for AED 2,650,000, or AED 505 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 29 November 2023, is AED 75,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 22,500 a year.

Sales and rents for V04 over time

Sales
Villa V04, each saleTypical two-bed in Westar Reflections
2.4M2.6M2009201320172021Typical sale price by year: 2009 AED 2,574,414; 2011 AED 2,574,414Sold by developer, June 2009: AED 2,474,414 (AED 471 per sqft)Sold, December 2011: AED 2,316,718 (AED 441 per sqft)Sold, November 2023: AED 2,650,000 (AED 505 per sqft)

V04 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa V04, each contractTypical two-bed in Westar Reflections
100K150K2014201720202023Typical rent by year: 2014 AED 172,500; 2015 AED 145,000; 2016 AED 150,000; 2017 AED 145,000; 2019 AED 105,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 117,500; 2023 AED 110,000; 2024 AED 180,000New contract, April 2014: AED 165,000 a yearRenewal, April 2015: AED 180,000 a yearNew contract, November 2016: AED 150,000 a yearNew contract, December 2017: AED 145,000 a yearRenewal, December 2020: AED 100,000 a yearNew contract, January 2022: AED 120,000 a yearNew contract, June 2022: AED 125,000 a yearRenewal, June 2023: AED 130,000 a yearNew contract, November 2023: AED 75,000 a year

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

2-beds in Westar Reflections, and where V04 sits

All 5 2-beds →
Recent 2-bed salesVilla no.Price (AED)Summary
2 Oct 20243,500,000
10 Jul 20242,600,000
19 Jan 20231,850,000
14 Nov 20191,800,000
0 2-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 →

V04, Westar Reflections in numbers

  • Sold 3 times: first on 22 June 2009 for AED 2,474,414, last on 9 November 2023 for AED 2,650,000 (AED 505 per sqft).
  • Rented since April 2014 on 9 Ejari contracts, from AED 165,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 2.8%, before a service charge of about AED 22,500 a year (AED 4.29 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2023.

Questions about V04, Westar Reflections

What did villa V04 last sell for?

AED 2,650,000 on 9 November 2023: AED 505 per sqft for 5,243 sqft. The villa has 3 registered sales; the first was AED 2,474,414 in June 2009.

What is the rent for villa V04?

AED 75,000 a year on the contract signed on 29 November 2023. The previous contract, from June 2023, was AED 130,000; the villa has been rented since April 2014.

How big is villa V04?

5,243 sqft (487.1 sqm): a two-bedroom villa in Westar Reflections, completed in 2011.

What is villa V04 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 V04, Westar Reflections

Starts from the last sale price (AED 2.65M, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →