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

V16/16, The Meadows 2

Sold prices and rental history: sold 3 times, last in January 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V16/16 · DLD and Ejari recordsUpdated 16 January 2018
Last soldAED 4.55M16 January 2018
Current rentAED 287K /yr8 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V16/16, The Meadows 2

What is V16/16 worth today?

Last sold for AED 4,550,000 in 2018

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16 Jan 2018SoldReady
AED 4,550,000AED 1,068 per sqft
28 Aug 2016SoldReady
AED 4,700,000AED 1,104 per sqft
8 Sep 2015RentedRenewal
AED 287,000/yr12 months · AED 67 per sqft
7 Sep 2013RentedNew contract
AED 275,000/yr12 months · AED 65 per sqft
11 Nov 2009Sold by developerReady · flagged as an outlier
AED 696,400AED 163 per sqft

Source: Dubai Land Department. Updated 16 January 2018.

Key facts

Type
5-bed villa
Size
4,257 sqft
Developer
Emaar
Completed
2006
Service charge
AED 8,000 /yr
Last sold
AED 4.55M · January 2018
Community
The Meadows 2

About V16/16, The Meadows 2

V16/16 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 16 January 2018 for AED 4,550,000, or AED 1,068 per sqft, 8% below the AED 1,164 five-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 8 September 2015, is AED 287,000 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 8,000 a year.

Sales and rents for V16/16 over time

Sales
Villa V16/16, 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, August 2016: AED 4,700,000 (AED 1,104 per sqft)Sold, January 2018: AED 4,550,000 (AED 1,068 per sqft)

V16/16 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V16/16, 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, September 2013: AED 275,000 a yearRenewal, September 2015: AED 287,000 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 V16/16 sits

All 206 5-beds →

V16/16 last sold in January 2018 at AED 1,068 per sqft, 8% below what five-beds in The Meadows 2 were fetching at the time (AED 1,164). 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. V16/16's AED 287,000 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 →

V16/16, The Meadows 2 in numbers

  • Sold 3 times: first on 11 November 2009 for AED 696,400, last on 16 January 2018 for AED 4,550,000 (AED 1,068 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, from AED 275,000 to AED 287,000 a year.
  • At AED 287,000 a year the gross yield on the 2018 price is 6.3%, 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 16 January 2018.

Questions about V16/16, The Meadows 2

What did villa V16/16 last sell for?

AED 4,550,000 on 16 January 2018: AED 1,068 per sqft for 4,257 sqft. The villa has 3 registered sales; the first was AED 696,400 in November 2009.

What is the rent for villa V16/16?

AED 287,000 a year on the contract renewed on 8 September 2015. The previous contract, from September 2013, was AED 275,000.

How big is villa V16/16?

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

What is villa V16/16 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 V16/16, The Meadows 2

Starts from the last sale price (AED 4.55M, 16 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

Plus AED 196,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →