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5-bed · 3,914 sqftThe Meadows 2, The Meadows · completed 2006

V12/02, The Meadows 2

Sold prices and rental history: sold twice, last in August 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V12/02 · DLD and Ejari recordsUpdated 10 August 2016
Last soldAED 4.85M10 August 2016
Current rentAED 330K /yr1 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V12/02, The Meadows 2

What is V12/02 worth today?

Last sold for AED 4,850,000 in 2016

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10 Aug 2016SoldReady
AED 4,850,000AED 1,239 per sqft
1 Jan 2015RentedNew contract
AED 330,000/yr12 months · AED 84 per sqft
11 Dec 2013RentedNew contract
AED 330,000/yr12 months · AED 84 per sqft
4 Aug 2008Sold by developerReady
AED 4,375,000AED 1,117 per sqft

Source: Dubai Land Department. Updated 10 August 2016.

Key facts

Type
5-bed villa
Size
3,914 sqft
Developer
Emaar
Completed
2006
Service charge
AED 7,400 /yr
Last sold
AED 4.85M · August 2016
Community
The Meadows 2

About V12/02, The Meadows 2

V12/02 is a five-bedroom villa of 3,914 sqft in The Meadows 2, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 10 August 2016 for AED 4,850,000, or AED 1,239 per sqft, in line with the AED 1,222 five-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 January 2015, is AED 330,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 7,400 a year.

Sales and rents for V12/02 over time

Sales
Villa V12/02, 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, August 2008: AED 4,375,000 (AED 1,117 per sqft)Sold, August 2016: AED 4,850,000 (AED 1,239 per sqft)

V12/02 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V12/02, 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, December 2013: AED 330,000 a yearNew contract, January 2015: AED 330,000 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 V12/02 sits

All 206 5-beds →

V12/02 last sold in August 2016 at AED 1,239 per sqft, in line with what five-beds in The Meadows 2 were fetching at the time (AED 1,222). 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. V12/02's AED 330,000 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 →

V12/02, The Meadows 2 in numbers

  • Sold twice: first on 4 August 2008 for AED 4,375,000, last on 10 August 2016 for AED 4,850,000 (AED 1,239 per sqft).
  • Rented since December 2013 on 2 Ejari contracts, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 7,400 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 10 August 2016.

Questions about V12/02, The Meadows 2

What did villa V12/02 last sell for?

AED 4,850,000 on 10 August 2016: AED 1,239 per sqft for 3,914 sqft. The villa has 2 registered sales; the first was AED 4,375,000 in August 2008.

What is the rent for villa V12/02?

AED 330,000 a year on the contract signed on 1 January 2015. The previous contract, from December 2013, was AED 330,000.

How big is villa V12/02?

3,914 sqft (363.6 sqm): a five-bedroom villa in The Meadows 2, completed in 2006.

What is villa V12/02 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 V12/02, The Meadows 2

Starts from the last sale price (AED 4.85M, 10 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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