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

V03/15, The Meadows 1

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

Villa V03/15 · DLD and Ejari recordsUpdated 18 August 2023
Last soldAED 10.5M18 August 2023
Current rentAED 320K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V03/15, The Meadows 1

What is V03/15 worth today?

Last sold for AED 10,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Aug 2023SoldReady
AED 10,500,000AED 2,134 per sqft
1 Oct 2022RentedRenewal
AED 320,000/yr12 months · AED 65 per sqft
1 Oct 2021RentedRenewal
AED 285,000/yr12 months · AED 58 per sqft
1 Oct 2020RentedRenewal
AED 285,000/yr12 months · AED 58 per sqft
1 Oct 2018RentedNew contract
AED 320,000/yr12 months · AED 65 per sqft
1 Oct 2017RentedNew contract
AED 320,000/yr12 months · AED 65 per sqft
10 Oct 2006Sold by developerReady
AED 1,700,000AED 345 per sqft

Source: Dubai Land Department. Updated 18 August 2023.

Key facts

Type
6-bed villa
Size
4,918 sqft
Developer
Emaar
Completed
2006
Service charge
AED 9,200 /yr
Last sold
AED 10.5M · August 2023
Community
The Meadows 1

About V03/15, The Meadows 1

V03/15 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 18 August 2023 for AED 10,500,000, or AED 2,134 per sqft, 30% above the AED 1,637 six-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 320,000 a year: a gross yield of 3.0% on the 2023 price, before the service charge of about AED 9,200 a year.

Sales and rents for V03/15 over time

Sales
Villa V03/15, 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, October 2006: AED 1,700,000 (AED 345 per sqft)Sold, August 2023: AED 10,500,000 (AED 2,134 per sqft)

V03/15 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V03/15, each contractTypical six-bed in The Meadows 1
300K2013201620192022Typical 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, October 2017: AED 320,000 a yearNew contract, October 2018: AED 320,000 a yearRenewal, October 2020: AED 285,000 a yearRenewal, October 2021: AED 285,000 a yearRenewal, October 2022: AED 320,000 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 V03/15 sits

All 18 6-beds →

V03/15 last sold in August 2023 at AED 2,134 per sqft, 30% above what six-beds in The Meadows 1 were fetching at the time (AED 1,637).

Recent 6-bed salesVilla no.Price (AED)Summary
7 Nov 202516,500,000
28 Sep 20238,800,000
26 May 20239,700,000
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 →

V03/15, The Meadows 1 in numbers

  • Sold twice: first on 10 October 2006 for AED 1,700,000, last on 18 August 2023 for AED 10,500,000 (AED 2,134 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 320,000 to AED 285,000 in 2021 and recovered to AED 320,000 by October 2022.
  • At AED 320,000 a year the gross yield on the 2023 price is 3.0%, before a service charge of about AED 9,200 a year (AED 1.88 per sqft).

Source: Dubai Land Department. Updated 18 August 2023.

Questions about V03/15, The Meadows 1

What did villa V03/15 last sell for?

AED 10,500,000 on 18 August 2023: AED 2,134 per sqft for 4,918 sqft. The villa has 2 registered sales; the first was AED 1,700,000 in October 2006.

What is the rent for villa V03/15?

AED 320,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 285,000; the villa has been rented since October 2017.

How big is villa V03/15?

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

What is villa V03/15 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V03/15? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V03/15, The Meadows 1

Starts from the last sale price (AED 10.5M, 18 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,500,000
Deposit, UAE resident (20%)
AED 2,100,000
Deposit, non-resident (40%)
AED 4,200,000
Monthly over 25 years at 3.7%
AED 42,959

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