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4-bed · 4,185 sqftVilla Lantana 2, Dubai Science Park (Dubiotech) · completed 2017

V283, Villa Lantana 2

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V283 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 4.32M1 March 2015
Current rentAED 400K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V283, Villa Lantana 2

What is V283 worth today?

Last sold for AED 4,320,000 in 2015

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1 Sep 2024RentedNew contract
AED 400,000/yr12 months · AED 96 per sqft
1 Sep 2023RentedRenewal
AED 400,000/yr12 months · AED 96 per sqft
1 Sep 2022RentedNew contract
AED 400,000/yr12 months · AED 96 per sqft
10 Mar 2022RentedRenewal
AED 190,686/yr4 months · AED 46 per sqft
10 Mar 2021RentedRenewal
AED 190,000/yr12 months · AED 45 per sqft
10 Mar 2020RentedNew contract
AED 190,000/yr12 months · AED 45 per sqft
10 Mar 2019RentedRenewal
AED 190,000/yr12 months · AED 45 per sqft
1 Mar 2015Sold by developerOff-plan
AED 4,320,000AED 1,032 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
4-bed villa
Size
4,185 sqft
Developer
DBT One Residential Projects
Completed
2017
Last sold
AED 4.32M · March 2015
Community
Villa Lantana 2

About V283, Villa Lantana 2

V283 is a four-bedroom villa of 4,185 sqft in Villa Lantana 2, a villa community in Dubai Science Park (Dubiotech) completed in 2017 by DBT One Residential Projects. The developer sold it on 1 March 2015 for AED 4,320,000, or AED 1,032 per sqft, in line with the AED 1,057 four-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 September 2024, is AED 400,000 a year: a gross yield of 9.3% on the 2015 price.

Sales and rents for V283 over time

Sales
Villa V283, each saleTypical four-bed in Villa Lantana 2
3M4M5M2014201720202023Typical sale price by year: 2014 AED 4,347,500; 2015 AED 4,320,000; 2016 AED 3,649,000; 2017 AED 3,652,000; 2018 AED 4,237,500; 2020 AED 3,315,000; 2021 AED 4,000,000; 2022 AED 4,200,000; 2023 AED 5,200,000; 2024 AED 5,000,000Sold by developer, March 2015: AED 4,320,000 (AED 1,032 per sqft)

V283 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V283, each contractTypical four-bed in Villa Lantana 2
200K400K2017202020232026Typical rent by year: 2017 AED 190,000; 2018 AED 190,000; 2019 AED 186,000; 2020 AED 175,000; 2021 AED 185,000; 2022 AED 190,343; 2023 AED 215,625; 2024 AED 280,000; 2025 AED 320,000Renewal, March 2019: AED 190,000 a yearNew contract, March 2020: AED 190,000 a yearRenewal, March 2021: AED 190,000 a yearRenewal, March 2022: AED 190,686 a yearNew contract, September 2022: AED 400,000 a yearRenewal, September 2023: AED 400,000 a yearNew contract, September 2024: AED 400,000 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 2, and where V283 sits

All 93 4-beds →

V283 last sold in March 2015 at AED 1,032 per sqft, in line with what four-beds in Villa Lantana 2 were fetching at the time (AED 1,057).

Recent 4-bed salesVilla no.Price (AED)Summary
9 Apr 20256,850,000
6 Nov 20244,990,000
28 Oct 20245,000,000
28 Oct 20245,000,000
0 4-bed sales in the last 12 months

Villa Lantana 2

Community

164 villas, 3-bed to 5-bed in Dubai Science Park (Dubiotech), completed in 2017 by DBT One Residential Projects. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 270K /yr
Typical yield
Villa Lantana 2, Dubai Science Park (Dubiotech): prices, sales and rents →

V283, Villa Lantana 2 in numbers

  • Sold once: by DBT One Residential Projects on 1 March 2015 for AED 4,320,000, or AED 1,032 per sqft.
  • Rented since March 2019 on 7 Ejari contracts, from AED 190,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2015 price is 9.3%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Questions about V283, Villa Lantana 2

What did villa V283 last sell for?

AED 4,320,000 on 1 March 2015, sold by the developer: AED 1,032 per sqft for 4,185 sqft. It is the only registered sale of the villa.

What is the rent for villa V283?

AED 400,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 400,000; the villa has been rented since March 2019.

How big is villa V283?

4,185 sqft (388.8 sqm): a four-bedroom villa in Villa Lantana 2, completed in 2017.

What is villa V283 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 V283, Villa Lantana 2

Starts from the last sale price (AED 4.32M, 1 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,320,000
Deposit, UAE resident (20%)
AED 864,000
Deposit, non-resident (40%)
AED 1,728,000
Monthly over 25 years at 3.7%
AED 17,674

Plus AED 186,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →