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5-bed · 4,257 sqftThe Meadows 2, The Meadows · completed 2006

V06/02, The Meadows 2

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V06/02 · DLD and Ejari recordsUpdated 1 October 2020
Last soldAED 3.5M1 October 2020
Current rentAED 200K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V06/02, The Meadows 2

What is V06/02 worth today?

Last sold for AED 3,500,000 in 2020

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1 Oct 2020SoldReady
AED 3,500,000AED 822 per sqft
1 Jan 2020RentedRenewal
AED 200,000/yr12 months · AED 47 per sqft
1 Jan 2019RentedRenewal
AED 225,000/yr12 months · AED 53 per sqft
5 Dec 2016RentedNew contract
AED 235,000/yr12 months · AED 55 per sqft
25 Feb 2016RentedNew contract
AED 250,000/yr12 months · AED 59 per sqft
28 Jul 2008Sold by developerReady
AED 6,100,000AED 1,433 per sqft
28 Jul 2008SoldReady
AED 1,392,800AED 327 per sqft

Source: Dubai Land Department. Updated 1 October 2020.

Key facts

Type
5-bed villa
Size
4,257 sqft
Developer
Emaar
Completed
2006
Service charge
AED 8,000 /yr
Last sold
AED 3.5M · October 2020
Community
The Meadows 2

About V06/02, The Meadows 2

V06/02 is a five-bedroom villa of 4,257 sqft in The Meadows 2, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 1 October 2020 for AED 3,500,000, or AED 822 per sqft, 8% below the AED 894 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 200,000 a year: a gross yield of 5.7% on the 2020 price, before the service charge of about AED 8,000 a year.

Sales and rents for V06/02 over time

Sales
Villa V06/02, each saleTypical five-bed in The Meadows 2
05M10M2004201020162022Typical sale price by year: 2004 AED 1,433,800; 2006 AED 1,491,800; 2007 AED 1,535,800; 2008 AED 2,942,181; 2009 AED 2,355,200; 2010 AED 2,600,000; 2011 AED 3,710,000; 2012 AED 4,400,000; 2013 AED 5,300,000; 2014 AED 4,175,000; 2015 AED 4,470,000; 2016 AED 4,999,999; 2017 AED 4,602,500; 2018 AED 4,010,000; 2019 AED 3,775,000; 2020 AED 3,500,000; 2021 AED 4,850,000; 2022 AED 6,100,000; 2023 AED 7,425,000; 2024 AED 9,125,000; 2025 AED 11,900,000Sold by developer, July 2008: AED 6,100,000 (AED 1,433 per sqft)Sold, July 2008: AED 1,392,800 (AED 327 per sqft)Sold, October 2020: AED 3,500,000 (AED 822 per sqft)

V06/02 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V06/02, each contractTypical five-bed in The Meadows 2
200K400K600K2012201620202024Typical rent by year: 2012 AED 250,000; 2013 AED 260,000; 2014 AED 275,000; 2015 AED 280,000; 2016 AED 270,000; 2017 AED 259,250; 2018 AED 245,000; 2019 AED 220,000; 2020 AED 200,000; 2021 AED 217,500; 2022 AED 250,000; 2023 AED 290,750; 2024 AED 350,000; 2025 AED 385,000; 2026 AED 550,000New contract, February 2016: AED 250,000 a yearNew contract, December 2016: AED 235,000 a yearRenewal, January 2019: AED 225,000 a yearRenewal, January 2020: AED 200,000 a year

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

5-beds in The Meadows 2, and where V06/02 sits

All 206 5-beds →

V06/02 last sold in October 2020 at AED 822 per sqft, 8% below what five-beds in The Meadows 2 were fetching at the time (AED 894). Over the last 12 months five-beds sold for AED 22,250,000, around AED 5,644 per sqft, and rent for AED 167,000 to 650,000 a year. V06/02's AED 200,000 is in the lower half of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
19 Nov 202522,250,000
20 Aug 202513,900,000
25 Jun 20258,700,000
25 Jun 202512,300,000
1 5-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 →

V06/02, The Meadows 2 in numbers

  • Sold 3 times: first on 28 July 2008 for AED 1,392,800, last on 1 October 2020 for AED 3,500,000 (AED 822 per sqft).
  • Rented since February 2016 on 4 Ejari contracts, from AED 250,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 5.7%, before a service charge of about AED 8,000 a year (AED 1.88 per sqft).
  • Five-beds in The Meadows 2 sold for AED 22,250,000–22,250,000 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 1 October 2020.

Questions about V06/02, The Meadows 2

What did villa V06/02 last sell for?

AED 3,500,000 on 1 October 2020: AED 822 per sqft for 4,257 sqft. The villa has 3 registered sales; the first was AED 1,392,800 in July 2008.

What is the rent for villa V06/02?

AED 200,000 a year on the contract renewed on 1 January 2020. The previous contract, from January 2019, was AED 225,000; the villa has been rented since February 2016.

How big is villa V06/02?

4,257 sqft (395.5 sqm): a five-bedroom villa in The Meadows 2, completed in 2006.

What is villa V06/02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in The Meadows 2 sold for AED 22,250,000 to 22,250,000 in the last 12 months, around AED 5,644 per sqft.

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Mortgage on V06/02, The Meadows 2

Starts from the last sale price (AED 3.5M, 1 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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