Penthouse · 4,328 sqftVilla Pera, Jumeirah Village Circle (JVC) · 4th floor · completed 2015

308, Villa Pera

Sold prices and rental history: sold 3 times, last in March 2016, and rented once, from July 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 23 July 2018
Last soldAED 2.4M16 March 2016
Current rentAED 145K /yr23 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Villa Pera

What is 308 worth today?

Last sold for AED 2,400,000 in 2016

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23 Jul 2018RentedNew contract
AED 145,000/yr12 months · AED 34 per sqft
16 Mar 2016SoldReady
AED 2,400,000AED 554 per sqft
18 Jun 2015SoldReady
AED 2,906,400AED 671 per sqft
22 Oct 2014Sold by developerOff-plan · flagged as an outlier
AED 1,007,767AED 232 per sqft

Source: Dubai Land Department. Updated 23 July 2018.

Key facts

Type
Penthouse apartment
Size
4,328 sqft
Floor
4th of 4
Parking
G-12,G-13
Developer
Five Real Estate Development
Completed
2015
Service charge
AED 67,600 /yr
Last sold
AED 2.4M · March 2016
Building
Villa Pera

About 308, Villa Pera

308 is a penthouse of 4,328 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 March 2016 for AED 2,400,000, or AED 554 per sqft, 23% below the AED 721 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 23 July 2018. The current contract, signed on 23 July 2018, is AED 145,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 67,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical penthouse in Villa Pera
2M2.5M3M2015201820212024Typical sale price by year: 2015 AED 2,906,400; 2024 AED 1,900,000Sold, June 2015: AED 2,906,400 (AED 671 per sqft)Sold, March 2016: AED 2,400,000 (AED 554 per sqft)

308 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents
Unit 308, each contractTypical penthouse in Villa Pera
125K150K2015201820212024Typical rent by year: 2015 AED 121,000; 2016 AED 160,000; 2017 AED 145,000; 2018 AED 150,000; 2019 AED 132,000; 2020 AED 120,000; 2022 AED 112,500; 2023 AED 112,500; 2025 AED 135,000New contract, July 2018: AED 145,000 a year

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

Penthouses in Villa Pera, and where 308 sits

All 9 penthouses →

308 last sold in March 2016 at AED 554 per sqft, 23% below what penthouses in Villa Pera were fetching at the time (AED 721).

Recent penthouse salesUnit no.Price (AED)Summary
26 Dec 20242,750,000
23 Jul 20242,500,000
30 Apr 20241,300,000
3 Jan 20241,300,000
0 penthouse sales 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
3022-bedAED 1.3M · Jul 2024
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
1–7 of 22

308, Villa Pera in numbers

  • Sold 3 times: first on 22 October 2014 for AED 1,007,767, last on 16 March 2016 for AED 2,400,000 (AED 554 per sqft).
  • Rented since July 2018 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 67,600 a year (AED 15.61 per sqft).

Source: Dubai Land Department. Updated 23 July 2018.

Questions about 308, Villa Pera

What did unit 308 last sell for?

AED 2,400,000 on 16 March 2016: AED 554 per sqft for 4,328 sqft. The unit has 3 registered sales; the first was AED 1,007,767 in October 2014.

What is the rent for unit 308?

AED 145,000 a year on the contract signed on 23 July 2018.

How big is unit 308?

4,328 sqft (402.1 sqm): a penthouse on the 4th floor of a 4-storey tower completed in 2015.

What is unit 308 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 308, Villa Pera

Starts from the last sale price (AED 2.4M, 16 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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