5-bed · 3,820 sqftThe Meadows 1, The Meadows · completed 2006

V02/03, The Meadows 1

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

Villa V02/03 · DLD and Ejari recordsUpdated 10 February 2014
Last soldAED 6.15M10 February 2014
Current rentAED 265K /yr20 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02/03, The Meadows 1

What is V02/03 worth today?

Last sold for AED 6,150,000 in 2014

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10 Feb 2014SoldReady
AED 6,150,000AED 1,609 per sqft
20 Jun 2013RentedNew contract
AED 265,000/yr12 months · AED 69 per sqft
12 May 2013SoldReady
AED 5,000,000AED 1,308 per sqft
14 Apr 2008Sold by developerReady
AED 1,382,800AED 361 per sqft

Source: Dubai Land Department. Updated 10 February 2014.

Key facts

Type
5-bed villa
Size
3,820 sqft
Developer
Emaar
Completed
2006
Service charge
AED 7,200 /yr
Last sold
AED 6.15M · February 2014
Community
The Meadows 1

About V02/03, The Meadows 1

V02/03 is a five-bedroom villa of 3,820 sqft in The Meadows 1, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 10 February 2014 for AED 6,150,000, or AED 1,609 per sqft, 5% above the AED 1,531 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 20 June 2013. The current contract, signed on 20 June 2013, is AED 265,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 7,200 a year.

Sales and rents for V02/03 over time

Sales
Villa V02/03, each saleTypical five-bed in The Meadows 1
05M10M20062011201620212026Typical sale price by year: 2006 AED 1,472,800; 2007 AED 3,788,888; 2008 AED 2,229,944; 2009 AED 1,388,800; 2010 AED 1,414,800; 2011 AED 1,460,300; 2012 AED 4,300,000; 2013 AED 5,425,000; 2014 AED 5,575,000; 2016 AED 4,727,500; 2021 AED 5,950,000; 2022 AED 5,800,000; 2023 AED 6,920,000; 2025 AED 12,050,000Sold by developer, April 2008: AED 1,382,800 (AED 361 per sqft)Sold, May 2013: AED 5,000,000 (AED 1,308 per sqft)Sold, February 2014: AED 6,150,000 (AED 1,609 per sqft)

V02/03 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V02/03, each contractTypical five-bed in The Meadows 1
200K300K400K2012201620202024Typical rent by year: 2012 AED 280,000; 2013 AED 265,000; 2014 AED 294,000; 2015 AED 292,000; 2016 AED 269,565; 2017 AED 247,500; 2018 AED 235,000; 2019 AED 225,000; 2020 AED 210,000; 2021 AED 227,500; 2022 AED 262,500; 2023 AED 300,000; 2024 AED 391,500; 2025 AED 385,000New contract, June 2013: AED 265,000 a year

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

5-beds in The Meadows 1, and where V02/03 sits

All 57 5-beds →

V02/03 last sold in February 2014 at AED 1,609 per sqft, 5% above what five-beds in The Meadows 1 were fetching at the time (AED 1,531).

Recent 5-bed salesVilla no.Price (AED)Summary
23 Jun 202513,300,000
4 Jun 202515,000,000
2 Jun 202510,800,000
14 Jan 202510,000,000
0 5-bed sales in the last 12 months

The Meadows 1

Community

400 villas, 3-bed to 6-bed in The Meadows, completed in 2006 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 3,731
Typical sale
AED 13.95M
Typical rent
AED 350K /yr
Typical yield
2.6%
The Meadows 1, The Meadows: prices, sales and rents →

V02/03, The Meadows 1 in numbers

  • Sold 3 times: first on 14 April 2008 for AED 1,382,800, last on 10 February 2014 for AED 6,150,000 (AED 1,609 per sqft).
  • Rented since June 2013 on one Ejari contract, at AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2014 price is 4.3%, before a service charge of about AED 7,200 a year (AED 1.88 per sqft).

Source: Dubai Land Department. Updated 10 February 2014.

Questions about V02/03, The Meadows 1

What did villa V02/03 last sell for?

AED 6,150,000 on 10 February 2014: AED 1,609 per sqft for 3,820 sqft. The villa has 3 registered sales; the first was AED 1,382,800 in April 2008.

What is the rent for villa V02/03?

AED 265,000 a year on the contract signed on 20 June 2013.

How big is villa V02/03?

3,820 sqft (354.9 sqm): a five-bedroom villa in The Meadows 1, completed in 2006.

What is villa V02/03 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 V02/03, The Meadows 1

Starts from the last sale price (AED 6.15M, 10 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,150,000
Deposit, UAE resident (20%)
AED 1,230,000
Deposit, non-resident (40%)
AED 2,460,000
Monthly over 25 years at 3.7%
AED 25,162

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →