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4-bed · 3,575 sqftThe Meadows 1, The Meadows · completed 2006

V03/02, The Meadows 1

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V03/02 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 9.2M28 August 2024
Current rentAED 205K /yr11 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V03/02, The Meadows 1

What is V03/02 worth today?

Last sold for AED 9,200,000 in 2024

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28 Aug 2024SoldReady
AED 9,200,000AED 2,573 per sqft
11 Sep 2021RentedRenewal
AED 205,000/yr12 months · AED 57 per sqft
11 Sep 2020RentedNew contract
AED 195,000/yr12 months · AED 55 per sqft
11 Sep 2019RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft
7 Sep 2018RentedRenewal
AED 198,895/yr12 months · AED 56 per sqft
8 Sep 2016RentedNew contract
AED 260,000/yr12 months · AED 73 per sqft
8 Sep 2015RentedNew contract
AED 292,140/yr12 months · AED 82 per sqft
10 Jul 2013RentedNew contract
AED 309,750/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
4-bed villa
Size
3,575 sqft
Developer
Emaar
Completed
2006
Service charge
AED 6,700 /yr
Last sold
AED 9.2M · August 2024
Community
The Meadows 1

About V03/02, The Meadows 1

V03/02 is a four-bedroom villa of 3,575 sqft in The Meadows 1, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 28 August 2024 for AED 9,200,000, or AED 2,573 per sqft, 17% above the AED 2,195 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 11 September 2021, is AED 205,000 a year: a gross yield of 2.2% on the 2024 price, before the service charge of about AED 6,700 a year.

Sales and rents for V03/02 over time

Sales
Villa V03/02, each saleTypical four-bed in The Meadows 1
010M2004201020162022Typical sale price by year: 2004 AED 1,353,800; 2006 AED 1,337,800; 2007 AED 1,474,800; 2008 AED 1,945,350; 2009 AED 1,485,800; 2010 AED 3,100,000; 2011 AED 3,325,000; 2012 AED 4,200,000; 2013 AED 4,980,000; 2014 AED 5,975,000; 2015 AED 5,299,750; 2016 AED 4,587,500; 2017 AED 4,275,000; 2018 AED 4,075,000; 2019 AED 3,500,000; 2020 AED 3,337,200; 2021 AED 4,700,000; 2022 AED 6,550,000; 2023 AED 7,000,000; 2024 AED 9,000,000; 2025 AED 10,350,000; 2026 AED 13,950,000Sold by developer, January 2008: AED 3,500,000 (AED 979 per sqft)Sold, June 2012: AED 4,300,000 (AED 1,202 per sqft)Sold, August 2024: AED 9,200,000 (AED 2,573 per sqft)

V03/02 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V03/02, each contractTypical four-bed in The Meadows 1
200K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 255,000; 2014 AED 260,000; 2015 AED 265,000; 2016 AED 260,000; 2017 AED 250,000; 2018 AED 225,000; 2019 AED 205,000; 2020 AED 190,000; 2021 AED 200,000; 2022 AED 210,000; 2023 AED 295,000; 2024 AED 342,500; 2025 AED 367,000; 2026 AED 350,000New contract, July 2013: AED 309,750 a yearNew contract, September 2015: AED 292,140 a yearNew contract, September 2016: AED 260,000 a yearRenewal, September 2018: AED 198,895 a yearNew contract, September 2019: AED 200,000 a yearNew contract, September 2020: AED 195,000 a yearRenewal, September 2021: AED 205,000 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 The Meadows 1, and where V03/02 sits

All 191 4-beds →

V03/02 last sold in August 2024 at AED 2,573 per sqft, 17% above what four-beds in The Meadows 1 were fetching at the time (AED 2,195). Over the last 12 months four-beds sold for AED 13,000,000 to 16,000,000, around AED 3,731 per sqft, and rent for AED 257,400 to 550,000 a year. V03/02's AED 205,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
26 Jan 202613,000,000
26 Jan 202613,250,000
20 Jan 202614,650,000
12 Jan 202616,000,000
4 4-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 →

V03/02, The Meadows 1 in numbers

  • Sold 3 times: first on 24 January 2008 for AED 3,500,000, last on 28 August 2024 for AED 9,200,000 (AED 2,573 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 309,750 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2024 price is 2.2%, before a service charge of about AED 6,700 a year (AED 1.88 per sqft).
  • Four-beds in The Meadows 1 sold for AED 13,000,000–16,000,000 in the 12 months to November 2026; the community's median across all types is AED 3,731 per sqft.

Source: Dubai Land Department. Updated 28 August 2024.

Questions about V03/02, The Meadows 1

What did villa V03/02 last sell for?

AED 9,200,000 on 28 August 2024: AED 2,573 per sqft for 3,575 sqft. The villa has 3 registered sales; the first was AED 3,500,000 in January 2008.

What is the rent for villa V03/02?

AED 205,000 a year on the contract renewed on 11 September 2021. The previous contract, from September 2020, was AED 195,000; the villa has been rented since July 2013.

How big is villa V03/02?

3,575 sqft (332.1 sqm): a four-bedroom villa in The Meadows 1, completed in 2006.

What is villa V03/02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The Meadows 1 sold for AED 13,000,000 to 16,000,000 in the last 12 months, around AED 3,731 per sqft.

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Mortgage on V03/02, The Meadows 1

Starts from the last sale price (AED 9.2M, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,200,000
Deposit, UAE resident (20%)
AED 1,840,000
Deposit, non-resident (40%)
AED 3,680,000
Monthly over 25 years at 3.7%
AED 37,640

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