3-bed · 3,025 sqftVilla Lantana 1, Dubai Science Park (Dubiotech) · completed 2015

V098, Villa Lantana 1

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V098 · DLD and Ejari recordsUpdated 25 December 2021
Last soldAED 3.4M15 June 2021
Current rentAED 161K /yr25 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V098, Villa Lantana 1

What is V098 worth today?

Last sold for AED 3,400,000 in 2021

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25 Dec 2021RentedRenewal
AED 160,771/yr6 months · AED 53 per sqft
15 Jun 2021SoldReady
AED 3,400,000AED 1,123 per sqft
25 Dec 2020RentedNew contract
AED 160,000/yr12 months · AED 53 per sqft
25 Dec 2020RentedNew contract
AED 160,000/yr12 months · AED 53 per sqft
1 Jun 2020RentedNew contract
AED 147,000/yr12 months · AED 49 per sqft
1 Jun 2019RentedRenewal
AED 160,000/yr12 months · AED 53 per sqft
1 Jun 2018RentedNew contract
AED 160,000/yr12 months · AED 53 per sqft
21 Dec 2014Sold by developerOff-plan
AED 3,440,000AED 1,137 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2021.

Key facts

Type
3-bed villa
Size
3,025 sqft
Developer
DBT One Residential Projects
Completed
2015
Last sold
AED 3.4M · June 2021

About V098, Villa Lantana 1

V098 is a three-bedroom villa of 3,025 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 15 June 2021 for AED 3,400,000, or AED 1,123 per sqft, 20% above the AED 935 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 25 December 2021, is AED 160,771 a year: a gross yield of 4.7% on the 2021 price.

Sales and rents for V098 over time

Sales
Villa V098, 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 3,440,000 (AED 1,137 per sqft)Sold, June 2021: AED 3,400,000 (AED 1,123 per sqft)

V098 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V098, 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, June 2018: AED 160,000 a yearRenewal, June 2019: AED 160,000 a yearNew contract, June 2020: AED 147,000 a yearNew contract, December 2020: AED 160,000 a yearNew contract, December 2020: AED 160,000 a yearRenewal, December 2021: AED 160,771 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 V098 sits

All 154 3-beds →

V098 last sold in June 2021 at AED 1,123 per sqft, 20% above what three-beds in Villa Lantana 1 were fetching at the time (AED 935). 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. V098's AED 160,771 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 →

V098, Villa Lantana 1 in numbers

  • Sold twice: first on 21 December 2014 for AED 3,440,000, last on 15 June 2021 for AED 3,400,000 (AED 1,123 per sqft).
  • Rented since June 2018 on 6 Ejari contracts, from AED 160,000 to AED 160,771 a year.
  • At AED 160,771 a year the gross yield on the 2021 price is 4.7%.
  • 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 25 December 2021.

Questions about V098, Villa Lantana 1

What did villa V098 last sell for?

AED 3,400,000 on 15 June 2021: AED 1,123 per sqft for 3,025 sqft. The villa has 2 registered sales; the first was AED 3,440,000 in December 2014.

What is the rent for villa V098?

AED 160,771 a year on the contract renewed on 25 December 2021. The previous contract, from December 2020, was AED 160,000; the villa has been rented since June 2018.

How big is villa V098?

3,025 sqft (281.0 sqm): a three-bedroom villa in Villa Lantana 1, completed in 2015.

What is villa V098 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 V098, Villa Lantana 1

Starts from the last sale price (AED 3.4M, 15 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →