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3-bed · 2,426 sqftVilla Lantana 1, Dubai Science Park (Dubiotech) · completed 2015

V042, Villa Lantana 1

Sold prices and rental history: sold once, by the developer in December 2014, and rented once, from October 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V042 · DLD and Ejari recordsUpdated 1 October 2017
Last soldAED 2.56M28 December 2014
Current rentAED 170K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V042, Villa Lantana 1

What is V042 worth today?

Last sold for AED 2,560,000 in 2014

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1 Oct 2017RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
28 Dec 2014Sold by developerOff-plan
AED 2,560,000AED 1,055 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2017.

Key facts

Type
3-bed villa
Size
2,426 sqft
Developer
DBT One Residential Projects
Completed
2015
Last sold
AED 2.56M · December 2014
Community
Villa Lantana 1

About V042, Villa Lantana 1

V042 is a three-bedroom villa of 2,426 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 2,560,000, or AED 1,055 per sqft, in line with the AED 1,055 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 October 2017. The current contract, signed on 1 October 2017, is AED 170,000 a year: a gross yield of 6.6% on the 2014 price.

Sales and rents for V042 over time

Sales
Villa V042, each saleTypical three-bed in Villa Lantana 1
2M4M20142017202020232026Typical sale price by year: 2014 AED 2,745,000; 2015 AED 3,155,000; 2016 AED 3,155,000; 2017 AED 2,784,250; 2018 AED 2,450,000; 2019 AED 2,350,000; 2020 AED 2,475,000; 2021 AED 2,950,000; 2022 AED 3,500,000; 2023 AED 3,637,500; 2024 AED 4,375,000; 2025 AED 5,325,000Sold by developer, December 2014: AED 2,560,000 (AED 1,055 per sqft)

V042 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V042, each contractTypical three-bed in Villa Lantana 1
200K2016201920222025Typical rent by year: 2016 AED 180,000; 2017 AED 170,000; 2018 AED 170,000; 2019 AED 160,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 160,000; 2023 AED 180,000; 2024 AED 204,500; 2025 AED 230,000; 2026 AED 270,000New contract, October 2017: AED 170,000 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 Villa Lantana 1, and where V042 sits

All 154 3-beds →

V042 last sold in December 2014 at AED 1,055 per sqft, in line with what three-beds in Villa Lantana 1 were fetching at the time (AED 1,055). Over the last 12 months three-beds sold for AED 5,550,000 to 6,350,000, around AED 1,896 per sqft, and rent for AED 190,000 to 290,000 a year. V042's AED 170,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
6 Feb 20265,550,000
8 Jan 20266,350,000
16 Oct 20256,000,000
28 Jul 20254,000,000
2 3-bed sales 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 →

V042, Villa Lantana 1 in numbers

  • Sold once: by DBT One Residential Projects on 28 December 2014 for AED 2,560,000, or AED 1,055 per sqft.
  • Rented since October 2017 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2014 price is 6.6%.
  • Three-beds in Villa Lantana 1 sold for AED 5,550,000–6,350,000 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 1 October 2017.

Questions about V042, Villa Lantana 1

What did villa V042 last sell for?

AED 2,560,000 on 28 December 2014, sold by the developer: AED 1,055 per sqft for 2,426 sqft. It is the only registered sale of the villa.

What is the rent for villa V042?

AED 170,000 a year on the contract signed on 1 October 2017.

How big is villa V042?

2,426 sqft (225.4 sqm): a three-bedroom villa in Villa Lantana 1, completed in 2015.

What is villa V042 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Villa Lantana 1 sold for AED 5,550,000 to 6,350,000 in the last 12 months, around AED 1,896 per sqft.

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Mortgage on V042, Villa Lantana 1

Starts from the last sale price (AED 2.56M, 28 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,560,000
Deposit, UAE resident (20%)
AED 512,000
Deposit, non-resident (40%)
AED 1,024,000
Monthly over 25 years at 3.7%
AED 10,474

Plus AED 112,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →