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4-bed · 4,027 sqftVilla Lantana 1, Dubai Science Park (Dubiotech) · completed 2015

V008, Villa Lantana 1

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V008 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 5.8M2 April 2024
Current rentAED 240K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V008, Villa Lantana 1

What is V008 worth today?

Last sold for AED 5,800,000 in 2024

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2 Apr 2024SoldReady
AED 5,800,000AED 1,440 per sqft
15 Nov 2023RentedRenewal
AED 240,000/yr12 months · AED 60 per sqft
15 Nov 2022RentedRenewal
AED 200,000/yr12 months · AED 50 per sqft
15 Oct 2021RentedRenewal
AED 200,000/yr13 months · AED 50 per sqft
15 Oct 2020RentedNew contract
AED 185,000/yr12 months · AED 46 per sqft
15 Sep 2019RentedNew contract
AED 200,000/yr12 months · AED 50 per sqft
15 Jul 2019RentedRenewal
AED 200,000/yr12 months · AED 50 per sqft
15 Jul 2018RentedRenewal
AED 215,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2024.

Key facts

Type
4-bed villa
Size
4,027 sqft
Developer
DBT One Residential Projects
Completed
2015
Last sold
AED 5.8M · April 2024
Community
Villa Lantana 1

About V008, Villa Lantana 1

V008 is a four-bedroom villa of 4,027 sqft in Villa Lantana 1, a villa community in Dubai Science Park (Dubiotech) completed in 2015 by DBT One Residential Projects. It last sold on 2 April 2024 for AED 5,800,000, or AED 1,440 per sqft, in line with the AED 1,421 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 240,000 a year: a gross yield of 4.1% on the 2024 price.

Sales and rents for V008 over time

Sales
Villa V008, 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, May 2016: AED 3,847,440 (AED 955 per sqft)Sold, April 2024: AED 5,800,000 (AED 1,440 per sqft)

V008 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V008, 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 300,000Renewal, July 2018: AED 215,000 a yearRenewal, July 2019: AED 200,000 a yearNew contract, September 2019: AED 200,000 a yearNew contract, October 2020: AED 185,000 a yearRenewal, October 2021: AED 200,000 a yearRenewal, November 2022: AED 200,000 a yearRenewal, November 2023: AED 240,000 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 V008 sits

All 116 4-beds →

V008 last sold in April 2024 at AED 1,440 per sqft, in line with what four-beds in Villa Lantana 1 were fetching at the time (AED 1,421). 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. V008's AED 240,000 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 →

V008, Villa Lantana 1 in numbers

  • Sold twice: first on 23 May 2016 for AED 3,847,440, last on 2 April 2024 for AED 5,800,000 (AED 1,440 per sqft).
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 215,000 to AED 185,000 in 2020 and recovered to AED 240,000 by November 2023.
  • At AED 240,000 a year the gross yield on the 2024 price is 4.1%.
  • 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 2 April 2024.

Questions about V008, Villa Lantana 1

What did villa V008 last sell for?

AED 5,800,000 on 2 April 2024: AED 1,440 per sqft for 4,027 sqft. The villa has 2 registered sales; the first was AED 3,847,440 in May 2016.

What is the rent for villa V008?

AED 240,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 200,000; the villa has been rented since July 2018.

How big is villa V008?

4,027 sqft (374.1 sqm): a four-bedroom villa in Villa Lantana 1, completed in 2015.

What is villa V008 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 V008, Villa Lantana 1

Starts from the last sale price (AED 5.8M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

Plus AED 248,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →