4-bed · 3,474 sqftVilla Lantana 1, Dubai Science Park (Dubiotech) · completed 2015

V002, Villa Lantana 1

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V002 · DLD and Ejari recordsUpdated 27 September 2022
Last soldAED 3.75M28 December 2014
Current rentAED 175K /yr27 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V002, Villa Lantana 1

What is V002 worth today?

Last sold for AED 3,750,000 in 2014

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27 Sep 2022RentedRenewal
AED 175,000/yr12 months · AED 50 per sqft
27 Sep 2021RentedRenewal
AED 175,000/yr12 months · AED 50 per sqft
27 Sep 2020RentedNew contract
AED 175,000/yr12 months · AED 50 per sqft
15 Sep 2019RentedRenewal
AED 210,000/yr12 months · AED 60 per sqft
15 Sep 2018RentedNew contract
AED 210,000/yr12 months · AED 60 per sqft
28 Dec 2014Sold by developerOff-plan
AED 3,750,000AED 1,079 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2022.

Key facts

Type
4-bed villa
Size
3,474 sqft
Developer
DBT One Residential Projects
Completed
2015
Last sold
AED 3.75M · December 2014

About V002, Villa Lantana 1

V002 is a four-bedroom villa of 3,474 sqft in Villa Lantana 1, a villa community in Dubai Science Park (Dubiotech) completed in 2015 by DBT One Residential Projects. The developer sold it on 28 December 2014 for AED 3,750,000, or AED 1,079 per sqft, 3% below the AED 1,116 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 27 September 2022, is AED 175,000 a year: a gross yield of 4.7% on the 2014 price.

Sales and rents for V002 over time

Sales
Villa V002, each saleTypical four-bed in Villa Lantana 1
4M6M2014201720202023Typical sale price by year: 2014 AED 4,037,500; 2015 AED 4,320,000; 2016 AED 3,948,700; 2017 AED 4,105,000; 2018 AED 4,000,000; 2019 AED 3,515,000; 2020 AED 3,417,500; 2021 AED 4,000,000; 2022 AED 4,500,000; 2023 AED 4,600,000; 2024 AED 5,675,000Sold by developer, December 2014: AED 3,750,000 (AED 1,079 per sqft)

V002 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V002, each contractTypical four-bed in Villa Lantana 1
200K300K2017202020232026Typical rent by year: 2017 AED 198,462; 2018 AED 195,000; 2019 AED 195,000; 2020 AED 180,000; 2021 AED 189,500; 2022 AED 200,000; 2023 AED 215,000; 2024 AED 263,564; 2025 AED 300,000New contract, September 2018: AED 210,000 a yearRenewal, September 2019: AED 210,000 a yearNew contract, September 2020: AED 175,000 a yearRenewal, September 2021: AED 175,000 a yearRenewal, September 2022: AED 175,000 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 Villa Lantana 1, and where V002 sits

All 116 4-beds →

V002 last sold in December 2014 at AED 1,079 per sqft, 3% below what four-beds in Villa Lantana 1 were fetching at the time (AED 1,116). Over the last 12 months four-beds sold for AED 7,200,000, around AED 1,788 per sqft, and rent for AED 310,000 to 400,000 a year. V002's AED 175,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
15 Jan 20267,200,000
14 Feb 20256,400,000
22 Nov 20246,500,000
6 Nov 20245,950,000
1 4-bed sale in the last 12 months

Villa Lantana 1

Community

276 villas, 3-bed to 5-bed in Dubai Science Park (Dubiotech), completed in 2015 by DBT One Residential Projects. 3 sold in the last 12 months.

Typical price per sqft
AED 1,804
Typical sale
AED 6.35M
Typical rent
AED 280K /yr
Typical yield
4.9%
Villa Lantana 1, Dubai Science Park (Dubiotech): prices, sales and rents →

V002, Villa Lantana 1 in numbers

  • Sold once: by DBT One Residential Projects on 28 December 2014 for AED 3,750,000, or AED 1,079 per sqft.
  • Rented since September 2018 on 5 Ejari contracts, from AED 210,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2014 price is 4.7%.
  • Four-beds in Villa Lantana 1 sold for AED 7,200,000–7,200,000 in the 12 months to November 2026; the community's median across all types is AED 1,804 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2022.

Questions about V002, Villa Lantana 1

What did villa V002 last sell for?

AED 3,750,000 on 28 December 2014, sold by the developer: AED 1,079 per sqft for 3,474 sqft. It is the only registered sale of the villa.

What is the rent for villa V002?

AED 175,000 a year on the contract renewed on 27 September 2022. The previous contract, from September 2021, was AED 175,000; the villa has been rented since September 2018.

How big is villa V002?

3,474 sqft (322.7 sqm): a four-bedroom villa in Villa Lantana 1, completed in 2015.

What is villa V002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Villa Lantana 1 sold for AED 7,200,000 to 7,200,000 in the last 12 months, around AED 1,788 per sqft.

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Mortgage on V002, Villa Lantana 1

Starts from the last sale price (AED 3.75M, 28 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

Plus AED 162,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →