5-bed · 4,918 sqftThe Meadows 5, The Meadows · completed 2006

V02/40, The Meadows 5

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02/40 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 2.6M15 July 2007
Current rentAED 374K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02/40, The Meadows 5

What is V02/40 worth today?

Last sold for AED 2,600,000 in 2007

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1 Feb 2024RentedRenewal
AED 374,000/yr12 months · AED 76 per sqft
1 Feb 2023RentedRenewal
AED 312,000/yr12 months · AED 63 per sqft
1 Feb 2022RentedRenewal
AED 260,000/yr12 months · AED 53 per sqft
16 Mar 2020RentedRenewal
AED 285,000/yr12 months · AED 58 per sqft
16 Mar 2019RentedRenewal
AED 310,000/yr12 months · AED 63 per sqft
16 Mar 2017RentedRenewal
AED 340,000/yr12 months · AED 69 per sqft
16 Mar 2016RentedNew contract
AED 340,000/yr12 months · AED 69 per sqft
16 Mar 2015RentedNew contract
AED 340,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
5-bed villa
Size
4,918 sqft
Developer
Emaar
Completed
2006
Service charge
AED 9,200 /yr
Last sold
AED 2.6M · July 2007
Community
The Meadows 5

About V02/40, The Meadows 5

V02/40 is a five-bedroom villa of 4,918 sqft in The Meadows 5, a villa community in The Meadows completed in 2006 by Emaar. The developer sold it on 15 July 2007 for AED 2,600,000, or AED 528 per sqft, 32% above the AED 400 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 374,000 a year: a gross yield of 14.4% on the 2007 price, before the service charge of about AED 9,200 a year.

Sales and rents for V02/40 over time

Sales
Villa V02/40, each saleTypical five-bed in The Meadows 5
010M20062011201620212026Typical sale price by year: 2006 AED 1,811,888; 2007 AED 1,427,888; 2008 AED 2,800,000; 2009 AED 4,100,000; 2010 AED 2,258,944; 2011 AED 3,875,000; 2012 AED 3,545,000; 2013 AED 6,475,000; 2014 AED 6,325,000; 2015 AED 2,068,888; 2016 AED 6,550,000; 2017 AED 6,315,000; 2018 AED 4,975,000; 2019 AED 3,900,000; 2020 AED 3,880,000; 2021 AED 6,700,000; 2022 AED 7,425,000; 2023 AED 7,437,500; 2024 AED 8,600,000; 2025 AED 14,900,000Sold by developer, July 2007: AED 2,600,000 (AED 528 per sqft)

V02/40 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V02/40, each contractTypical five-bed in The Meadows 5
200K400K2012201620202024Typical rent by year: 2012 AED 250,000; 2013 AED 280,000; 2014 AED 300,000; 2015 AED 300,000; 2016 AED 291,750; 2017 AED 271,700; 2018 AED 245,000; 2019 AED 225,000; 2020 AED 212,500; 2021 AED 224,970; 2022 AED 247,500; 2023 AED 312,000; 2024 AED 384,250; 2025 AED 490,000; 2026 AED 400,000New contract, March 2013: AED 300,000 a yearRenewal, March 2014: AED 300,000 a yearNew contract, March 2015: AED 340,000 a yearNew contract, March 2016: AED 340,000 a yearRenewal, March 2017: AED 340,000 a yearRenewal, March 2019: AED 310,000 a yearRenewal, March 2020: AED 285,000 a yearRenewal, February 2022: AED 260,000 a yearRenewal, February 2023: AED 312,000 a yearRenewal, February 2024: AED 374,000 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 5, and where V02/40 sits

All 107 5-beds →

V02/40 last sold in July 2007 at AED 528 per sqft, 32% above what five-beds in The Meadows 5 were fetching at the time (AED 400). Over the last 12 months five-beds sold for AED 13,850,000, around AED 3,625 per sqft, and rent for AED 252,000 to 600,000 a year. V02/40's AED 374,000 is in the lower half of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
8 Dec 202513,850,000
10 Nov 202514,900,000
5 Nov 202518,000,000
15 Oct 202520,500,000
1 5-bed sale in the last 12 months

The Meadows 5

Community

234 villas, 3-bed to 6-bed in The Meadows, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 3,757
Typical sale
AED 17.18M
Typical rent
AED 400K /yr
Typical yield
2.7%
The Meadows 5, The Meadows: prices, sales and rents →

V02/40, The Meadows 5 in numbers

  • Sold once: by Emaar on 15 July 2007 for AED 2,600,000, or AED 528 per sqft.
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 300,000 to AED 260,000 in 2022 and recovered to AED 374,000 by February 2024.
  • At AED 374,000 a year the gross yield on the 2007 price is 14.4%, before a service charge of about AED 9,200 a year (AED 1.88 per sqft).
  • Five-beds in The Meadows 5 sold for AED 13,850,000–13,850,000 in the 12 months to November 2026; the community's median across all types is AED 3,757 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about V02/40, The Meadows 5

What did villa V02/40 last sell for?

AED 2,600,000 on 15 July 2007, sold by the developer: AED 528 per sqft for 4,918 sqft. It is the only registered sale of the villa.

What is the rent for villa V02/40?

AED 374,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 312,000; the villa has been rented since March 2013.

How big is villa V02/40?

4,918 sqft (456.9 sqm): a five-bedroom villa in The Meadows 5, completed in 2006.

What is villa V02/40 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 5 sold for AED 13,850,000 to 13,850,000 in the last 12 months, around AED 3,625 per sqft.

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Mortgage on V02/40, The Meadows 5

Starts from the last sale price (AED 2.6M, 15 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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