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4-bed · 4,148 sqftThe Meadows 2, The Meadows · completed 2006

V03/02, The Meadows 2

Sold prices and rental history: sold 3 times, last in July 2023, 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 5 July 2023
Last soldAED 9M5 July 2023
Current rentAED 450K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V03/02, The Meadows 2

What is V03/02 worth today?

Last sold for AED 9,000,000 in 2023

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5 Jul 2023SoldReady
AED 9,000,000AED 2,169 per sqft
1 Jun 2022RentedNew contract
AED 450,000/yr12 months · AED 108 per sqft
16 May 2021RentedNew contract
AED 180,000/yr12 months · AED 43 per sqft
16 May 2020RentedRenewal
AED 210,000/yr12 months · AED 51 per sqft
16 May 2019RentedRenewal
AED 210,000/yr12 months · AED 51 per sqft
10 Feb 2017RentedRenewal
AED 240,000/yr12 months · AED 58 per sqft
10 Feb 2016RentedRenewal
AED 260,000/yr12 months · AED 63 per sqft
10 Feb 2015RentedRenewal
AED 260,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
4-bed villa
Size
4,148 sqft
Developer
Emaar
Completed
2006
Service charge
AED 7,800 /yr
Last sold
AED 9M · July 2023
Community
The Meadows 2

About V03/02, The Meadows 2

V03/02 is a four-bedroom villa of 4,148 sqft in The Meadows 2, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 5 July 2023 for AED 9,000,000, or AED 2,169 per sqft, 29% above the AED 1,678 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 June 2022, is AED 450,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for V03/02 over time

Sales
Villa V03/02, each saleTypical four-bed in The Meadows 2
05M10M2003200920152021Typical sale price by year: 2004 AED 1,451,800; 2006 AED 1,396,800; 2007 AED 1,450,900; 2008 AED 1,681,900; 2009 AED 2,250,000; 2010 AED 3,200,000; 2011 AED 2,139,900; 2012 AED 4,525,000; 2013 AED 5,100,000; 2014 AED 6,162,500; 2015 AED 4,900,000; 2016 AED 4,525,000; 2017 AED 4,500,000; 2018 AED 3,600,000; 2019 AED 3,425,000; 2020 AED 3,100,000; 2021 AED 4,850,000; 2022 AED 5,160,000; 2023 AED 7,500,000; 2024 AED 8,462,500; 2025 AED 11,187,500Sold by developer, December 2003: AED 1,469,800 (AED 354 per sqft)Sold, July 2012: AED 4,600,000 (AED 1,109 per sqft)Sold, July 2023: AED 9,000,000 (AED 2,169 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 2
200K400K2012201620202024Typical rent by year: 2012 AED 230,500; 2013 AED 245,000; 2014 AED 260,000; 2015 AED 260,000; 2016 AED 250,000; 2017 AED 240,000; 2018 AED 220,000; 2019 AED 200,000; 2020 AED 185,000; 2021 AED 195,000; 2022 AED 217,500; 2023 AED 273,832; 2024 AED 342,500; 2025 AED 398,885; 2026 AED 345,000New contract, February 2013: AED 250,000 a yearNew contract, February 2014: AED 250,000 a yearRenewal, February 2015: AED 260,000 a yearRenewal, February 2016: AED 260,000 a yearRenewal, February 2017: AED 240,000 a yearRenewal, May 2019: AED 210,000 a yearRenewal, May 2020: AED 210,000 a yearNew contract, May 2021: AED 180,000 a yearNew contract, June 2022: AED 450,000 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 2, and where V03/02 sits

All 136 4-beds →

V03/02 last sold in July 2023 at AED 2,169 per sqft, 29% above what four-beds in The Meadows 2 were fetching at the time (AED 1,678). Over the last 12 months four-beds sold for AED 10,375,000, around AED 2,902 per sqft, and rent for AED 145,000 to 650,000 a year. V03/02's AED 450,000 is in the upper half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
17 Nov 202510,375,000
22 Oct 202515,000,000
5 May 202515,000,000
24 Apr 202512,000,000
1 4-bed sale in the last 12 months

The Meadows 2

Community

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

Typical price per sqft
AED 3,454
Typical sale
AED 15.04M
Typical rent
AED 415K /yr
Typical yield
3.1%
The Meadows 2, The Meadows: prices, sales and rents →

V03/02, The Meadows 2 in numbers

  • Sold 3 times: first on 27 December 2003 for AED 1,469,800, last on 5 July 2023 for AED 9,000,000 (AED 2,169 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 250,000 to AED 180,000 in 2021 and recovered to AED 450,000 by June 2022.
  • At AED 450,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 7,800 a year (AED 1.88 per sqft).
  • Four-beds in The Meadows 2 sold for AED 10,375,000–10,375,000 in the 12 months to November 2026; the community's median across all types is AED 3,454 per sqft.

Source: Dubai Land Department. Updated 5 July 2023.

Questions about V03/02, The Meadows 2

What did villa V03/02 last sell for?

AED 9,000,000 on 5 July 2023: AED 2,169 per sqft for 4,148 sqft. The villa has 3 registered sales; the first was AED 1,469,800 in December 2003.

What is the rent for villa V03/02?

AED 450,000 a year on the contract signed on 1 June 2022. The previous contract, from May 2021, was AED 180,000; the villa has been rented since February 2013.

How big is villa V03/02?

4,148 sqft (385.4 sqm): a four-bedroom villa in The Meadows 2, 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 2 sold for AED 10,375,000 to 10,375,000 in the last 12 months, around AED 2,902 per sqft.

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Mortgage on V03/02, The Meadows 2

Starts from the last sale price (AED 9M, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

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