4-bed · 4,148 sqftThe Meadows 7, The Meadows · completed 2006

V03/24, The Meadows 7

Sold prices and rental history: sold 5 times, last in November 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V03/24 · DLD and Ejari recordsUpdated 23 November 2020
Last soldAED 3.6M23 November 2020
Current rentAED 220K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V03/24, The Meadows 7

What is V03/24 worth today?

Last sold for AED 3,600,000 in 2020

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23 Nov 2020SoldReady
AED 3,600,000AED 867 per sqft
1 Feb 2020RentedRenewal
AED 220,000/yr12 months · AED 53 per sqft
1 Feb 2019RentedRenewal
AED 230,000/yr12 months · AED 55 per sqft
1 Aug 2017RentedNew contract
AED 246,667/yr18 months · AED 59 per sqft
28 Sep 2014SoldReady
AED 2,725,000AED 656 per sqft
15 Jul 2012RentedNew contract
AED 250,000/yr12 months · AED 60 per sqft
8 May 2008SoldReady
AED 5,050,000AED 1,217 per sqft
5 May 2008SoldReady
AED 1,492,500AED 359 per sqft

Source: Dubai Land Department. Updated 23 November 2020.

Key facts

Type
4-bed villa
Size
4,148 sqft
Developer
Emaar
Completed
2006
Service charge
AED 7,800 /yr
Last sold
AED 3.6M · November 2020
Community
The Meadows 7

About V03/24, The Meadows 7

V03/24 is a four-bedroom villa of 4,148 sqft in The Meadows 7, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 23 November 2020 for AED 3,600,000, or AED 867 per sqft, 16% above the AED 748 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 220,000 a year: a gross yield of 6.1% on the 2020 price, before the service charge of about AED 7,800 a year.

Sales and rents for V03/24 over time

Sales
Villa V03/24, each saleTypical four-bed in The Meadows 7
010M2004201020162022Typical sale price by year: 2006 AED 2,427,800; 2007 AED 1,542,844; 2008 AED 2,937,500; 2009 AED 5,100,000; 2010 AED 4,087,470; 2011 AED 3,591,250; 2012 AED 5,250,000; 2013 AED 7,800,000; 2014 AED 2,807,500; 2015 AED 6,350,000; 2016 AED 7,700,000; 2018 AED 5,000,000; 2020 AED 3,300,000; 2021 AED 7,750,000; 2022 AED 7,175,000; 2025 AED 15,030,000Sold by developer, November 2004: AED 1,397,800 (AED 337 per sqft)Sold, May 2008: AED 5,050,000 (AED 1,217 per sqft)Sold, May 2008: AED 1,492,500 (AED 359 per sqft)Sold, September 2014: AED 2,725,000 (AED 656 per sqft)Sold, November 2020: AED 3,600,000 (AED 867 per sqft)

V03/24 has sold 5 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V03/24, each contractTypical four-bed in The Meadows 7
200K300K400K2012201620202024Typical rent by year: 2012 AED 250,000; 2013 AED 270,000; 2014 AED 290,000; 2015 AED 300,000; 2016 AED 275,000; 2017 AED 280,000; 2018 AED 270,000; 2019 AED 252,500; 2020 AED 275,000; 2021 AED 235,500; 2022 AED 225,451; 2023 AED 245,464; 2024 AED 378,877; 2025 AED 349,500New contract, July 2012: AED 250,000 a yearNew contract, August 2017: AED 246,667 a yearRenewal, February 2019: AED 230,000 a yearRenewal, February 2020: AED 220,000 a year

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

4-beds in The Meadows 7, and where V03/24 sits

All 50 4-beds →

V03/24 last sold in November 2020 at AED 867 per sqft, 16% above what four-beds in The Meadows 7 were fetching at the time (AED 748).

Recent 4-bed salesVilla no.Price (AED)Summary
6 Aug 202515,760,000
20 Feb 202510,100,000
7 Feb 202521,000,000
3 Feb 202514,300,000
0 4-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 →

V03/24, The Meadows 7 in numbers

  • Sold 5 times: first on 2 November 2004 for AED 1,397,800, last on 23 November 2020 for AED 3,600,000 (AED 867 per sqft).
  • Rented since July 2012 on 4 Ejari contracts, from AED 250,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2020 price is 6.1%, before a service charge of about AED 7,800 a year (AED 1.88 per sqft).

Source: Dubai Land Department. Updated 23 November 2020.

Questions about V03/24, The Meadows 7

What did villa V03/24 last sell for?

AED 3,600,000 on 23 November 2020: AED 867 per sqft for 4,148 sqft. The villa has 5 registered sales; the first was AED 1,397,800 in November 2004.

What is the rent for villa V03/24?

AED 220,000 a year on the contract renewed on 1 February 2020. The previous contract, from February 2019, was AED 230,000; the villa has been rented since July 2012.

How big is villa V03/24?

4,148 sqft (385.4 sqm): a four-bedroom villa in The Meadows 7, completed in 2006.

What is villa V03/24 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 V03/24, The Meadows 7

Starts from the last sale price (AED 3.6M, 23 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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