3-bed · 3,490 sqftThe Meadows 8, The Meadows · completed 2006

V02/16, The Meadows 8

Sold prices and rental history: sold 3 times, last in August 2017, 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 15 August 2017
Last soldAED 3.55M15 August 2017
Current rentAED 215K /yr22 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V02/16, The Meadows 8

What is V02/16 worth today?

Last sold for AED 3,550,000 in 2017

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15 Aug 2017SoldReady
AED 3,550,000AED 1,017 per sqft
22 Sep 2015RentedNew contract
AED 215,000/yr12 months · AED 62 per sqft
22 Jul 2015SoldReady
AED 3,880,000AED 1,111 per sqft
11 May 2014RentedNew contract
AED 217,000/yr12 months · AED 62 per sqft
11 May 2013RentedNew contract
AED 217,000/yr12 months · AED 62 per sqft
11 May 2012RentedNew contract
AED 205,000/yr12 months · AED 59 per sqft
10 Aug 2008Sold by developerReady
AED 2,100,000AED 601 per sqft

Source: Dubai Land Department. Updated 15 August 2017.

Key facts

Type
3-bed villa
Size
3,490 sqft
Developer
Emaar
Completed
2006
Service charge
AED 6,600 /yr
Last sold
AED 3.55M · August 2017
Community
The Meadows 8

About V02/16, The Meadows 8

V02/16 is a three-bedroom villa of 3,490 sqft in The Meadows 8, a villa community in The Meadows completed in 2006 by Emaar. It last sold on 15 August 2017 for AED 3,550,000, or AED 1,017 per sqft, in line with the AED 1,039 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 22 September 2015, is AED 215,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for V02/16 over time

Sales
Villa V02/16, each saleTypical three-bed in The Meadows 8
02M4M2007201120152019Typical sale price by year: 2007 AED 1,045,800; 2008 AED 2,100,000; 2009 AED 499,900; 2010 AED 1,700,000; 2017 AED 3,550,000; 2021 AED 3,737,500Sold by developer, August 2008: AED 2,100,000 (AED 601 per sqft)Sold, July 2015: AED 3,880,000 (AED 1,111 per sqft)Sold, August 2017: AED 3,550,000 (AED 1,017 per sqft)

V02/16 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V02/16, each contractTypical three-bed in The Meadows 8
150K200K2012201520182021Typical rent by year: 2012 AED 189,750; 2013 AED 200,000; 2014 AED 212,500; 2015 AED 209,000; 2016 AED 201,934; 2018 AED 200,000; 2019 AED 195,000; 2020 AED 160,000; 2021 AED 177,500; 2022 AED 220,000New contract, May 2012: AED 205,000 a yearNew contract, May 2013: AED 217,000 a yearNew contract, May 2014: AED 217,000 a yearNew contract, September 2015: AED 215,000 a year

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

3-beds in The Meadows 8, and where V02/16 sits

All 15 3-beds →

V02/16 last sold in August 2017 at AED 1,017 per sqft, in line with what three-beds in The Meadows 8 were fetching at the time (AED 1,039).

Recent 3-bed salesVilla no.Price (AED)Summary
22 Sep 20257,730,000
5 Dec 20236,350,000
27 Dec 20224,200,000
23 Mar 20224,800,000
0 3-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 →

V02/16, The Meadows 8 in numbers

  • Sold 3 times: first on 10 August 2008 for AED 2,100,000, last on 15 August 2017 for AED 3,550,000 (AED 1,017 per sqft).
  • Rented since May 2012 on 4 Ejari contracts, from AED 205,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 6,600 a year (AED 1.88 per sqft).

Source: Dubai Land Department. Updated 15 August 2017.

Questions about V02/16, The Meadows 8

What did villa V02/16 last sell for?

AED 3,550,000 on 15 August 2017: AED 1,017 per sqft for 3,490 sqft. The villa has 3 registered sales; the first was AED 2,100,000 in August 2008.

What is the rent for villa V02/16?

AED 215,000 a year on the contract signed on 22 September 2015. The previous contract, from May 2014, was AED 217,000; the villa has been rented since May 2012.

How big is villa V02/16?

3,490 sqft (324.2 sqm): a three-bedroom villa in The Meadows 8, 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 8

Starts from the last sale price (AED 3.55M, 15 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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