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6-bed · 4,918 sqftThe Meadows 1, The Meadows · completed 2006

V03/04, The Meadows 1

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V03/04 · DLD and Ejari recordsUpdated 26 May 2023
Last soldAED 9.7M26 May 2023
Current rentAED 240K /yr10 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V03/04, The Meadows 1

What is V03/04 worth today?

Last sold for AED 9,700,000 in 2023

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26 May 2023SoldReady
AED 9,700,000AED 1,972 per sqft
10 Nov 2022RentedRenewal
AED 240,345/yr12 months · AED 49 per sqft
10 Nov 2021RentedNew contract
AED 228,900/yr12 months · AED 47 per sqft
10 Nov 2020RentedRenewal
AED 218,000/yr12 months · AED 44 per sqft
10 Nov 2019RentedRenewal
AED 265,000/yr12 months · AED 54 per sqft
10 Nov 2018RentedNew contract
AED 275,000/yr12 months · AED 56 per sqft
22 Mar 2018Sold by developerReady
AED 1,872,800AED 380 per sqft
22 Nov 2017RentedNew contract
AED 280,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 26 May 2023.

Key facts

Type
6-bed villa
Size
4,918 sqft
Developer
Emaar
Completed
2006
Service charge
AED 9,200 /yr
Last sold
AED 9.7M · May 2023
Community
The Meadows 1

About V03/04, The Meadows 1

V03/04 is a six-bedroom villa of 4,918 sqft in The Meadows 1, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 26 May 2023 for AED 9,700,000, or AED 1,972 per sqft, 78% above the AED 1,108 six-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 November 2022, is AED 240,345 a year: a gross yield of 2.5% on the 2023 price, before the service charge of about AED 9,200 a year.

Sales and rents for V03/04 over time

Sales
Villa V03/04, each saleTypical six-bed in The Meadows 1
5M10M2006201120162021Typical sale price by year: 2006 AED 1,868,800; 2012 AED 5,500,000; 2018 AED 3,575,000; 2021 AED 4,377,500; 2023 AED 9,250,000Sold by developer, March 2018: AED 1,872,800 (AED 380 per sqft)Sold, May 2023: AED 9,700,000 (AED 1,972 per sqft)

V03/04 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V03/04, each contractTypical six-bed in The Meadows 1
200K300K2013201620192022Typical rent by year: 2013 AED 350,000; 2014 AED 315,000; 2015 AED 330,000; 2016 AED 300,000; 2017 AED 292,500; 2018 AED 260,000; 2019 AED 240,000; 2020 AED 227,500; 2021 AED 245,000; 2022 AED 240,345New contract, November 2017: AED 280,000 a yearNew contract, November 2018: AED 275,000 a yearRenewal, November 2019: AED 265,000 a yearRenewal, November 2020: AED 218,000 a yearNew contract, November 2021: AED 228,900 a yearRenewal, November 2022: AED 240,345 a year

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

6-beds in The Meadows 1, and where V03/04 sits

All 18 6-beds →

V03/04 last sold in May 2023 at AED 1,972 per sqft, 78% above what six-beds in The Meadows 1 were fetching at the time (AED 1,108).

Recent 6-bed salesVilla no.Price (AED)Summary
7 Nov 202516,500,000
28 Sep 20238,800,000
18 Aug 202310,500,000
31 Mar 20234,500,000
0 6-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 →

V03/04, The Meadows 1 in numbers

  • Sold twice: first on 22 March 2018 for AED 1,872,800, last on 26 May 2023 for AED 9,700,000 (AED 1,972 per sqft).
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 280,000 to AED 218,000 in 2020 and recovered to AED 240,345 by November 2022.
  • At AED 240,345 a year the gross yield on the 2023 price is 2.5%, before a service charge of about AED 9,200 a year (AED 1.88 per sqft).

Source: Dubai Land Department. Updated 26 May 2023.

Questions about V03/04, The Meadows 1

What did villa V03/04 last sell for?

AED 9,700,000 on 26 May 2023: AED 1,972 per sqft for 4,918 sqft. The villa has 2 registered sales; the first was AED 1,872,800 in March 2018.

What is the rent for villa V03/04?

AED 240,345 a year on the contract renewed on 10 November 2022. The previous contract, from November 2021, was AED 228,900; the villa has been rented since November 2017.

How big is villa V03/04?

4,918 sqft (456.9 sqm): a six-bedroom villa in The Meadows 1, completed in 2006.

What is villa V03/04 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 V03/04, The Meadows 1

Starts from the last sale price (AED 9.7M, 26 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,700,000
Deposit, UAE resident (20%)
AED 1,940,000
Deposit, non-resident (40%)
AED 3,880,000
Monthly over 25 years at 3.7%
AED 39,686

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