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5-bed · 3,820 sqftThe Meadows 8, The Meadows · completed 2006

V02/03, The Meadows 8

Sold prices and rental history: sold 5 times, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02/03 · DLD and Ejari recordsUpdated 14 July 2021
Last soldAED 5.4M14 July 2021
Current rentAED 100K /yr16 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V02/03, The Meadows 8

What is V02/03 worth today?

Last sold for AED 5,400,000 in 2021

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14 Jul 2021SoldReady
AED 5,400,000AED 1,413 per sqft
4 Apr 2021SoldReady
AED 4,375,000AED 1,145 per sqft
16 Feb 2020RentedNew contract
AED 100,000/yr12 months · AED 26 per sqft
31 May 2018SoldReady
AED 4,000,000AED 1,047 per sqft
20 Jul 2016RentedRenewal
AED 300,000/yr12 months · AED 79 per sqft
20 Jul 2015RentedNew contract
AED 300,000/yr12 months · AED 79 per sqft
1 Oct 2014RentedNew contract
AED 280,000/yr12 months · AED 73 per sqft
17 Aug 2013RentedNew contract
AED 300,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 14 July 2021.

Key facts

Type
5-bed villa
Size
3,820 sqft
Developer
Emaar
Completed
2006
Service charge
AED 7,200 /yr
Last sold
AED 5.4M · July 2021
Community
The Meadows 8

About V02/03, The Meadows 8

V02/03 is a five-bedroom villa of 3,820 sqft in The Meadows 8, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 14 July 2021 for AED 5,400,000, or AED 1,413 per sqft, 16% above the AED 1,220 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 16 February 2020, is AED 100,000 a year: a gross yield of 1.8% on the 2021 price, before the service charge of about AED 7,200 a year.

Sales and rents for V02/03 over time

Sales
Villa V02/03, each saleTypical five-bed in The Meadows 8
010M20062011201620212026Typical sale price by year: 2006 AED 1,823,844; 2007 AED 1,672,800; 2008 AED 2,680,800; 2009 AED 6,800,000; 2010 AED 3,700,000; 2011 AED 2,665,800; 2012 AED 4,850,000; 2013 AED 5,480,000; 2016 AED 4,150,000; 2018 AED 4,500,000; 2019 AED 3,900,000; 2020 AED 4,975,000; 2021 AED 4,974,500; 2023 AED 7,850,000; 2025 AED 12,950,000Sold by developer, April 2008: AED 1,394,800 (AED 365 per sqft)Sold, July 2008: AED 5,600,000 (AED 1,465 per sqft)Sold, May 2018: AED 4,000,000 (AED 1,047 per sqft)Sold, April 2021: AED 4,375,000 (AED 1,145 per sqft)Sold, July 2021: AED 5,400,000 (AED 1,413 per sqft)

V02/03 has sold 5 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V02/03, each contractTypical five-bed in The Meadows 8
200K400K2012201620202024Typical rent by year: 2012 AED 360,000; 2013 AED 287,500; 2014 AED 314,375; 2015 AED 284,375; 2016 AED 277,500; 2017 AED 270,000; 2018 AED 250,000; 2019 AED 230,000; 2020 AED 212,000; 2021 AED 270,000; 2022 AED 265,000; 2023 AED 350,000; 2024 AED 379,500; 2025 AED 520,000New contract, August 2013: AED 300,000 a yearNew contract, October 2014: AED 280,000 a yearNew contract, July 2015: AED 300,000 a yearRenewal, July 2016: AED 300,000 a yearNew contract, February 2020: AED 100,000 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 8, and where V02/03 sits

All 52 5-beds →

V02/03 last sold in July 2021 at AED 1,413 per sqft, 16% above what five-beds in The Meadows 8 were fetching at the time (AED 1,220). Over the last 12 months five-beds sold for AED 10,800,000 to 13,100,000, around AED 3,053 per sqft.

Recent 5-bed salesVilla no.Price (AED)Summary
15 Jan 202613,100,000
12 Dec 202510,800,000
30 Oct 202512,950,000
6 Aug 202513,750,000
2 5-bed sales in the last 12 months

The Meadows 8

Community

123 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 3,053
Typical sale
AED 11.95M
Typical rent
AED 585K /yr
Typical yield
3.9%
The Meadows 8, The Meadows: prices, sales and rents →

V02/03, The Meadows 8 in numbers

  • Sold 5 times: first on 29 April 2008 for AED 1,394,800, last on 14 July 2021 for AED 5,400,000 (AED 1,413 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 300,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 1.8%, before a service charge of about AED 7,200 a year (AED 1.88 per sqft).
  • Five-beds in The Meadows 8 sold for AED 10,800,000–13,100,000 in the 12 months to November 2026; the community's median across all types is AED 3,053 per sqft.

Source: Dubai Land Department. Updated 14 July 2021.

Questions about V02/03, The Meadows 8

What did villa V02/03 last sell for?

AED 5,400,000 on 14 July 2021: AED 1,413 per sqft for 3,820 sqft. The villa has 5 registered sales; the first was AED 1,394,800 in April 2008.

What is the rent for villa V02/03?

AED 100,000 a year on the contract signed on 16 February 2020. The previous contract, from July 2016, was AED 300,000; the villa has been rented since August 2013.

How big is villa V02/03?

3,820 sqft (354.9 sqm): a five-bedroom villa in The Meadows 8, completed in 2006.

What is villa V02/03 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 8 sold for AED 10,800,000 to 13,100,000 in the last 12 months, around AED 3,053 per sqft.

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Mortgage on V02/03, The Meadows 8

Starts from the last sale price (AED 5.4M, 14 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

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