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5-bed · 3,820 sqftThe Meadows 2, The Meadows · completed 2006

V06/40, The Meadows 2

Sold prices and rental history: sold twice, last in November 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V06/40 · DLD and Ejari recordsUpdated 7 December 2024
Last soldAED 3M24 November 2015
Current rentAED 500K /yr7 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V06/40, The Meadows 2

What is V06/40 worth today?

Last sold for AED 3,000,000 in 2015

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7 Dec 2024RentedRenewal
AED 500,000/yr12 months · AED 131 per sqft
1 Feb 2023RentedRenewal
AED 388,778/yr9 months · AED 102 per sqft
1 Feb 2022RentedNew contract
AED 390,000/yr12 months · AED 102 per sqft
24 Nov 2015SoldReady
AED 3,000,000AED 785 per sqft
24 Dec 2006Sold by developerReady
AED 1,488,800AED 389 per sqft

Source: Dubai Land Department. Updated 7 December 2024.

Key facts

Type
5-bed villa
Size
3,820 sqft
Developer
Emaar
Completed
2006
Service charge
AED 7,200 /yr
Last sold
AED 3M · November 2015
Community
The Meadows 2

About V06/40, The Meadows 2

V06/40 is a five-bedroom villa of 3,820 sqft in The Meadows 2, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 24 November 2015 for AED 3,000,000, or AED 785 per sqft, 33% below the AED 1,172 five-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 7 December 2024, is AED 500,000 a year: a gross yield of 16.7% on the 2015 price, before the service charge of about AED 7,200 a year.

Sales and rents for V06/40 over time

Sales
Villa V06/40, 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, December 2006: AED 1,488,800 (AED 389 per sqft)Sold, November 2015: AED 3,000,000 (AED 785 per sqft)

V06/40 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V06/40, 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 2022: AED 390,000 a yearRenewal, February 2023: AED 388,778 a yearRenewal, December 2024: AED 500,000 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 V06/40 sits

All 206 5-beds →

V06/40 last sold in November 2015 at AED 785 per sqft, 33% below what five-beds in The Meadows 2 were fetching at the time (AED 1,172). 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. V06/40's AED 500,000 is in the upper 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 →

V06/40, The Meadows 2 in numbers

  • Sold twice: first on 24 December 2006 for AED 1,488,800, last on 24 November 2015 for AED 3,000,000 (AED 785 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 390,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2015 price is 16.7%, before a service charge of about AED 7,200 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 7 December 2024.

Questions about V06/40, The Meadows 2

What did villa V06/40 last sell for?

AED 3,000,000 on 24 November 2015: AED 785 per sqft for 3,820 sqft. The villa has 2 registered sales; the first was AED 1,488,800 in December 2006.

What is the rent for villa V06/40?

AED 500,000 a year on the contract renewed on 7 December 2024. The previous contract, from February 2023, was AED 388,778; the villa has been rented since February 2022.

How big is villa V06/40?

3,820 sqft (354.9 sqm): a five-bedroom villa in The Meadows 2, completed in 2006.

What is villa V06/40 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 V06/40, The Meadows 2

Starts from the last sale price (AED 3M, 24 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →