4-bed · 3,575 sqftThe Meadows 2, The Meadows · completed 2006

V06/24, The Meadows 2

Sold prices and rental history: sold once, by the developer in March 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V06/24 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 1.25M15 March 2007
Current rentAED 280K /yr18 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V06/24, The Meadows 2

What is V06/24 worth today?

Last sold for AED 1,250,000 in 2007

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18 Dec 2023RentedRenewal
AED 280,000/yr12 months · AED 78 per sqft
18 Dec 2022RentedRenewal
AED 262,000/yr12 months · AED 73 per sqft
18 Dec 2021RentedRenewal
AED 234,000/yr12 months · AED 65 per sqft
18 Dec 2019RentedRenewal
AED 244,500/yr12 months · AED 68 per sqft
18 Dec 2017RentedNew contract
AED 300,000/yr12 months · AED 84 per sqft
1 Apr 2017RentedNew contract
AED 88,000/yr12 months · AED 25 per sqft
20 Mar 2016RentedNew contract
AED 88,000/yr12 months · AED 25 per sqft
15 Mar 2007Sold by developerReady
AED 1,250,000AED 349 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
4-bed villa
Size
3,575 sqft
Developer
Emaar
Completed
2006
Service charge
AED 6,700 /yr
Last sold
AED 1.25M · March 2007
Community
The Meadows 2

About V06/24, The Meadows 2

V06/24 is a four-bedroom villa of 3,575 sqft in The Meadows 2, a villa community in The Meadows completed in 2006 by Emaar. The developer sold it on 15 March 2007 for AED 1,250,000, or AED 349 per sqft, 8% below the AED 378 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 18 December 2023, is AED 280,000 a year: a gross yield of 22.4% on the 2007 price, before the service charge of about AED 6,700 a year.

Sales and rents for V06/24 over time

Sales
Villa V06/24, each saleTypical four-bed in The Meadows 2
05M10M2004201020162022Typical 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, March 2007: AED 1,250,000 (AED 349 per sqft)

V06/24 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V06/24, 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, March 2016: AED 88,000 a yearNew contract, April 2017: AED 88,000 a yearNew contract, December 2017: AED 300,000 a yearRenewal, December 2019: AED 244,500 a yearRenewal, December 2021: AED 234,000 a yearRenewal, December 2022: AED 262,000 a yearRenewal, December 2023: AED 280,000 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 V06/24 sits

All 136 4-beds →

V06/24 last sold in March 2007 at AED 349 per sqft, 8% below what four-beds in The Meadows 2 were fetching at the time (AED 378). 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. V06/24's AED 280,000 is in the lower 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 →

V06/24, The Meadows 2 in numbers

  • Sold once: by Emaar on 15 March 2007 for AED 1,250,000, or AED 349 per sqft.
  • Rented since March 2016 on 7 Ejari contracts, from AED 88,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2007 price is 22.4%, before a service charge of about AED 6,700 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 18 December 2023.

Questions about V06/24, The Meadows 2

What did villa V06/24 last sell for?

AED 1,250,000 on 15 March 2007, sold by the developer: AED 349 per sqft for 3,575 sqft. It is the only registered sale of the villa.

What is the rent for villa V06/24?

AED 280,000 a year on the contract renewed on 18 December 2023. The previous contract, from December 2022, was AED 262,000; the villa has been rented since March 2016.

How big is villa V06/24?

3,575 sqft (332.1 sqm): a four-bedroom villa in The Meadows 2, completed in 2006.

What is villa V06/24 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 V06/24, The Meadows 2

Starts from the last sale price (AED 1.25M, 15 March 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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