2-bed · 1,948 sqftVilla Pera, Jumeirah Village Circle (JVC) · 4th floor · completed 2015

302, Villa Pera

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 1.3M16 July 2024
Current rentAED 95K /yr9 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Villa Pera

What is 302 worth today?

Last sold for AED 1,300,000 in 2024

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16 Jul 2024SoldReady
AED 1,300,000AED 667 per sqft
9 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 49 per sqft
22 May 2020RentedNew contract
AED 75,000/yr12 months · AED 38 per sqft
25 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 49 per sqft
20 Jan 2019RentedNew contract
AED 94,000/yr12 months · AED 48 per sqft
27 Oct 2017RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
27 Oct 2016RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
25 Aug 2015RentedNew contract
AED 140,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
2-bed apartment
Size
1,948 sqft
Floor
4th of 4
Parking
G-03
Developer
Five Real Estate Development
Completed
2015
Service charge
AED 30,400 /yr
Last sold
AED 1.3M · July 2024
Building
Villa Pera

About 302, Villa Pera

302 is a two-bedroom apartment of 1,948 sqft on the 4th floor of Villa Pera, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2015 by Five Real Estate Development. It last sold on 16 July 2024 for AED 1,300,000, or AED 667 per sqft, in line with the AED 686 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 9 August 2022, is AED 95,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 30,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Villa Pera
1M1.5M2012201620202024Typical sale price by year: 2012 AED 759,421; 2015 AED 1,630,000; 2022 AED 1,100,000; 2023 AED 1,370,000; 2024 AED 1,367,500Sold, June 2015: AED 1,734,652 (AED 890 per sqft)Sold, July 2024: AED 1,300,000 (AED 667 per sqft)

302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 302, each contractTypical two-bed in Villa Pera
100K150K20152018202120242027Typical rent by year: 2015 AED 137,500; 2016 AED 133,000; 2017 AED 124,000; 2018 AED 100,000; 2019 AED 89,000; 2020 AED 75,000; 2021 AED 74,215; 2022 AED 88,750; 2023 AED 95,000; 2024 AED 107,500; 2025 AED 120,000; 2026 AED 128,000New contract, August 2015: AED 140,000 a yearNew contract, October 2016: AED 130,000 a yearRenewal, October 2017: AED 130,000 a yearNew contract, January 2019: AED 94,000 a yearNew contract, March 2019: AED 95,000 a yearNew contract, May 2020: AED 75,000 a yearNew contract, August 2022: AED 95,000 a year

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

2-beds in Villa Pera, and where 302 sits

All 17 2-beds →

302 last sold in July 2024 at AED 667 per sqft, in line with what two-beds in Villa Pera were fetching at the time (AED 686). Over the last 12 months two-beds sold for AED 1,750,000, around AED 706 per sqft, and rent for AED 116,000 to 135,000 a year. 302's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jun 20261,750,000
4 Jul 20252,000,000
25 Apr 20252,000,000
14 Nov 20241,650,000
1 2-bed sale in the last 12 months

Villa Pera

Building

81 apartments, studios to 4-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2015 by Five Real Estate Development. 9 sold in the last 12 months.

Typical price per sqft
AED 777
Typical sale
AED 850K
Typical rent
AED 55K /yr
Typical yield
9.6%
Villa Pera, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 81 units in Villa Pera
Value
3012-bedAED 1.2M · Feb 2023
303PenthouseAED 2.75M · Dec 2024
304PenthouseAED 2.5M · Jul 2024
305StudioAED 540K · Mar 2025
3064-bedAED 2.2M · Sep 2015
3073-bedAED 2.2M · Oct 2015
308PenthouseAED 2.4M · Mar 2016
1–7 of 22

302, Villa Pera in numbers

  • Sold 3 times: first on 13 May 2014 for AED 479,126, last on 16 July 2024 for AED 1,300,000 (AED 667 per sqft).
  • Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2020 and recovered to AED 95,000 by August 2022.
  • At AED 95,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 30,400 a year (AED 15.61 per sqft).
  • Two-beds in Villa Pera sold for AED 1,750,000–1,750,000 in the 12 months to November 2026; the building's median across all types is AED 777 per sqft.

Source: Dubai Land Department. Updated 16 July 2024.

Questions about 302, Villa Pera

What did unit 302 last sell for?

AED 1,300,000 on 16 July 2024: AED 667 per sqft for 1,948 sqft. The unit has 3 registered sales; the first was AED 479,126 in May 2014.

What is the rent for unit 302?

AED 95,000 a year on the contract signed on 9 August 2022. The previous contract, from May 2020, was AED 75,000; the unit has been rented since August 2015.

How big is unit 302?

1,948 sqft (181.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2015.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Villa Pera sold for AED 1,750,000 to 1,750,000 in the last 12 months, around AED 706 per sqft.

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Mortgage on 302, Villa Pera

Starts from the last sale price (AED 1.3M, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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