3-bed · 3,229 sqftVilla Lantana 2, Dubai Science Park (Dubiotech) · completed 2017

V293, Villa Lantana 2

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V293 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 3.11M22 January 2015
Current rentAED 190K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V293, Villa Lantana 2

What is V293 worth today?

Last sold for AED 3,105,000 in 2015

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1 Nov 2024RentedRenewal
AED 190,000/yr12 months · AED 59 per sqft
1 Nov 2023RentedRenewal
AED 178,000/yr12 months · AED 55 per sqft
1 Nov 2022RentedNew contract
AED 175,000/yr12 months · AED 54 per sqft
2 May 2021RentedRenewal
AED 140,757/yr6 months · AED 44 per sqft
1 May 2017RentedNew contract
AED 164,558/yr12 months · AED 51 per sqft
22 Jan 2015Sold by developerOff-plan
AED 3,105,000AED 961 per sqft

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

Key facts

Type
3-bed villa
Size
3,229 sqft
Developer
DBT One Residential Projects
Completed
2017
Last sold
AED 3.11M · January 2015

About V293, Villa Lantana 2

V293 is a three-bedroom villa of 3,229 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 22 January 2015 for AED 3,105,000, or AED 961 per sqft, 9% above the AED 881 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 190,000 a year: a gross yield of 6.1% on the 2015 price.

Sales and rents for V293 over time

Sales
Villa V293, each saleTypical three-bed in Villa Lantana 2
2M4M20142017202020232026Typical sale price by year: 2014 AED 2,770,000; 2015 AED 2,770,000; 2016 AED 2,893,000; 2017 AED 2,997,500; 2020 AED 1,950,000; 2021 AED 2,700,000; 2023 AED 3,300,000; 2024 AED 3,962,500; 2025 AED 5,200,000Sold by developer, January 2015: AED 3,105,000 (AED 961 per sqft)

V293 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V293, each contractTypical three-bed in Villa Lantana 2
150K200K250K2017202020232026Typical rent by year: 2017 AED 155,000; 2018 AED 155,000; 2019 AED 150,000; 2020 AED 140,000; 2021 AED 145,000; 2022 AED 160,000; 2023 AED 178,000; 2024 AED 203,750; 2025 AED 246,250New contract, May 2017: AED 164,558 a yearRenewal, May 2021: AED 140,757 a yearNew contract, November 2022: AED 175,000 a yearRenewal, November 2023: AED 178,000 a yearRenewal, November 2024: AED 190,000 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 2, and where V293 sits

All 65 3-beds →

V293 last sold in January 2015 at AED 961 per sqft, 9% above what three-beds in Villa Lantana 2 were fetching at the time (AED 881). V293's AED 190,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
11 Nov 20255,350,000
21 Mar 20255,200,000
13 Mar 20254,300,000
7 Nov 20243,800,000
0 3-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 →

V293, Villa Lantana 2 in numbers

  • Sold once: by DBT One Residential Projects on 22 January 2015 for AED 3,105,000, or AED 961 per sqft.
  • Rented since May 2017 on 5 Ejari contracts. The rent fell from AED 164,558 to AED 140,757 in 2021 and recovered to AED 190,000 by November 2024.
  • At AED 190,000 a year the gross yield on the 2015 price is 6.1%.

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

Questions about V293, Villa Lantana 2

What did villa V293 last sell for?

AED 3,105,000 on 22 January 2015, sold by the developer: AED 961 per sqft for 3,229 sqft. It is the only registered sale of the villa.

What is the rent for villa V293?

AED 190,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 178,000; the villa has been rented since May 2017.

How big is villa V293?

3,229 sqft (300.0 sqm): a three-bedroom villa in Villa Lantana 2, completed in 2017.

What is villa V293 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 V293, Villa Lantana 2

Starts from the last sale price (AED 3.11M, 22 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,105,000
Deposit, UAE resident (20%)
AED 621,000
Deposit, non-resident (40%)
AED 1,242,000
Monthly over 25 years at 3.7%
AED 12,704

Plus AED 135,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →