6-bed · 4,918 sqftThe Meadows 7, The Meadows · completed 2006

V02/16, The Meadows 7

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02/16 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 15M7 November 2024
Current rentAED 230K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02/16, The Meadows 7

What is V02/16 worth today?

Last sold for AED 15,000,000 in 2024

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7 Nov 2024SoldReady
AED 15,000,000AED 3,049 per sqft
1 Sep 2022RentedRenewal
AED 230,003/yr3 months · AED 47 per sqft
1 Sep 2021RentedRenewal
AED 230,000/yr12 months · AED 47 per sqft
1 Sep 2019RentedRenewal
AED 230,000/yr12 months · AED 47 per sqft
1 Sep 2018RentedNew contract
AED 240,000/yr12 months · AED 49 per sqft
1 Jan 2016RentedRenewal
AED 340,000/yr12 months · AED 69 per sqft
1 Jan 2015RentedNew contract
AED 340,000/yr12 months · AED 69 per sqft
7 Dec 2013RentedNew contract
AED 310,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
6-bed villa
Size
4,918 sqft
Developer
Emaar
Completed
2006
Service charge
AED 9,200 /yr
Last sold
AED 15M · November 2024
Community
The Meadows 7

About V02/16, The Meadows 7

V02/16 is a six-bedroom villa of 4,918 sqft in The Meadows 7, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 7 November 2024 for AED 15,000,000, or AED 3,049 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 230,003 a year: a gross yield of 1.5% on the 2024 price, before the service charge of about AED 9,200 a year.

Sales and rents for V02/16 over time

Rents
Villa V02/16, each contractTypical six-bed in The Meadows 7
250K300K350K2012201520182021Typical rent by year: 2018 AED 250,000; 2019 AED 245,000New contract, December 2012: AED 310,000 a yearNew contract, December 2013: AED 310,000 a yearNew contract, January 2015: AED 340,000 a yearRenewal, January 2016: AED 340,000 a yearNew contract, September 2018: AED 240,000 a yearRenewal, September 2019: AED 230,000 a yearRenewal, September 2021: AED 230,000 a yearRenewal, September 2022: AED 230,003 a year

Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.

6-beds in The Meadows 7, and where V02/16 sits

All 9 6-beds →
Recent 6-bed salesVilla no.Price (AED)Summary
29 Apr 202511,950,000
20 May 202412,000,000
25 May 20227,750,000
27 Apr 20216,800,000
0 6-bed sales in the last 12 months

The Meadows 7

Community

115 villas, 3-bed to 6-bed in The Meadows, completed in 2006 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 395K /yr
Typical yield
The Meadows 7, The Meadows: prices, sales and rents →

V02/16, The Meadows 7 in numbers

  • Sold twice: first on 11 June 2008 for AED 2,088,800, last on 7 November 2024 for AED 15,000,000 (AED 3,049 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 310,000 to AED 230,003 a year.
  • At AED 230,003 a year the gross yield on the 2024 price is 1.5%, before a service charge of about AED 9,200 a year (AED 1.88 per sqft).

Source: Dubai Land Department. Updated 7 November 2024.

Questions about V02/16, The Meadows 7

What did villa V02/16 last sell for?

AED 15,000,000 on 7 November 2024: AED 3,049 per sqft for 4,918 sqft. The villa has 2 registered sales; the first was AED 2,088,800 in June 2008.

What is the rent for villa V02/16?

AED 230,003 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 230,000; the villa has been rented since December 2012.

How big is villa V02/16?

4,918 sqft (456.9 sqm): a six-bedroom villa in The Meadows 7, completed in 2006.

What is villa V02/16 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V02/16, The Meadows 7

Starts from the last sale price (AED 15M, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 15,000,000
Deposit, UAE resident (20%)
AED 3,000,000
Deposit, non-resident (40%)
AED 6,000,000
Monthly over 25 years at 3.7%
AED 61,370

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