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

V03/09, The Meadows 1

Sold prices and rental history: sold twice, last in May 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V03/09 · DLD and Ejari recordsUpdated 28 May 2020
Last soldAED 3.46M28 May 2020
Current rentAED 235K /yr9 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V03/09, The Meadows 1

What is V03/09 worth today?

Last sold for AED 3,460,000 in 2020

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28 May 2020SoldReady
AED 3,460,000AED 967 per sqft
9 Oct 2018RentedRenewal
AED 235,000/yr12 months · AED 66 per sqft
9 Oct 2017RentedNew contract
AED 245,000/yr12 months · AED 69 per sqft
1 Aug 2016RentedNew contract
AED 225,000/yr12 months · AED 63 per sqft
1 Jul 2015RentedNew contract
AED 250,000/yr12 months · AED 70 per sqft
1 Jul 2015RentedNew contract
AED 250,000/yr12 months · AED 70 per sqft
15 Jan 2012RentedNew contract
AED 225,000/yr12 months · AED 63 per sqft
15 Feb 2009Sold by developerReady
AED 1,333,800AED 373 per sqft

Source: Dubai Land Department. Updated 28 May 2020.

Key facts

Type
4-bed villa
Size
3,575 sqft
Developer
Emaar
Completed
2006
Service charge
AED 6,700 /yr
Last sold
AED 3.46M · May 2020
Community
The Meadows 1

About V03/09, The Meadows 1

V03/09 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 May 2020 for AED 3,460,000, or AED 967 per sqft, in line with the AED 975 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 9 October 2018, is AED 235,000 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 6,700 a year.

Sales and rents for V03/09 over time

Sales
Villa V03/09, 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, February 2009: AED 1,333,800 (AED 373 per sqft)Sold, May 2020: AED 3,460,000 (AED 967 per sqft)

V03/09 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V03/09, 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, January 2012: AED 225,000 a yearNew contract, July 2015: AED 250,000 a yearNew contract, July 2015: AED 250,000 a yearNew contract, August 2016: AED 225,000 a yearNew contract, October 2017: AED 245,000 a yearRenewal, October 2018: AED 235,000 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 V03/09 sits

All 191 4-beds →

V03/09 last sold in May 2020 at AED 967 per sqft, in line with what four-beds in The Meadows 1 were fetching at the time (AED 975). 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. V03/09's AED 235,000 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 →

V03/09, The Meadows 1 in numbers

  • Sold twice: first on 15 February 2009 for AED 1,333,800, last on 28 May 2020 for AED 3,460,000 (AED 967 per sqft).
  • Rented since January 2012 on 6 Ejari contracts, from AED 225,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2020 price is 6.8%, 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 May 2020.

Questions about V03/09, The Meadows 1

What did villa V03/09 last sell for?

AED 3,460,000 on 28 May 2020: AED 967 per sqft for 3,575 sqft. The villa has 2 registered sales; the first was AED 1,333,800 in February 2009.

What is the rent for villa V03/09?

AED 235,000 a year on the contract renewed on 9 October 2018. The previous contract, from October 2017, was AED 245,000; the villa has been rented since January 2012.

How big is villa V03/09?

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

What is villa V03/09 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 V03/09, The Meadows 1

Starts from the last sale price (AED 3.46M, 28 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,460,000
Deposit, UAE resident (20%)
AED 692,000
Deposit, non-resident (40%)
AED 1,384,000
Monthly over 25 years at 3.7%
AED 14,156

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