3-bed · 2,426 sqftVilla Lantana 2, Dubai Science Park (Dubiotech) · completed 2017

V296, Villa Lantana 2

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V296 · DLD and Ejari recordsUpdated 6 October 2021
Last soldAED 2.64M6 October 2021
Current rentAED 130K /yr10 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V296, Villa Lantana 2

What is V296 worth today?

Last sold for AED 2,640,000 in 2021

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6 Oct 2021SoldReady
AED 2,640,000AED 1,088 per sqft
10 Oct 2020RentedRenewal
AED 130,000/yr12 months · AED 54 per sqft
10 Oct 2019RentedNew contract
AED 135,000/yr12 months · AED 56 per sqft
20 Jun 2018RentedNew contract
AED 138,462/yr13 months · AED 57 per sqft
20 Jun 2017RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
9 Feb 2015Sold by developerOff-plan
AED 2,640,000AED 1,088 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2021.

Key facts

Type
3-bed villa
Size
2,426 sqft
Developer
DBT One Residential Projects
Completed
2017
Last sold
AED 2.64M · October 2021

About V296, Villa Lantana 2

V296 is a three-bedroom villa of 2,426 sqft in Villa Lantana 2, a villa community in Dubai Science Park (Dubiotech) completed in 2017 by DBT One Residential Projects. It last sold on 6 October 2021 for AED 2,640,000, or AED 1,088 per sqft, 8% above the AED 1,006 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 October 2020, is AED 130,000 a year: a gross yield of 4.9% on the 2021 price.

Sales and rents for V296 over time

Sales
Villa V296, 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, February 2015: AED 2,640,000 (AED 1,088 per sqft)Sold, October 2021: AED 2,640,000 (AED 1,088 per sqft)

V296 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V296, each contractTypical three-bed in Villa Lantana 2
200K2017202020232026Typical 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, June 2017: AED 150,000 a yearNew contract, June 2018: AED 138,462 a yearNew contract, October 2019: AED 135,000 a yearRenewal, October 2020: AED 130,000 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 V296 sits

All 65 3-beds →

V296 last sold in October 2021 at AED 1,088 per sqft, 8% above what three-beds in Villa Lantana 2 were fetching at the time (AED 1,006). V296's AED 130,000 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 →

V296, Villa Lantana 2 in numbers

  • Sold twice: first on 9 February 2015 for AED 2,640,000, last on 6 October 2021 for AED 2,640,000 (AED 1,088 per sqft).
  • Rented since June 2017 on 4 Ejari contracts, from AED 150,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 4.9%.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2021.

Questions about V296, Villa Lantana 2

What did villa V296 last sell for?

AED 2,640,000 on 6 October 2021: AED 1,088 per sqft for 2,426 sqft. The villa has 2 registered sales; the first was AED 2,640,000 in February 2015.

What is the rent for villa V296?

AED 130,000 a year on the contract renewed on 10 October 2020. The previous contract, from October 2019, was AED 135,000; the villa has been rented since June 2017.

How big is villa V296?

2,426 sqft (225.4 sqm): a three-bedroom villa in Villa Lantana 2, completed in 2017.

What is villa V296 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 V296, Villa Lantana 2

Starts from the last sale price (AED 2.64M, 6 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,640,000
Deposit, UAE resident (20%)
AED 528,000
Deposit, non-resident (40%)
AED 1,056,000
Monthly over 25 years at 3.7%
AED 10,801

Plus AED 115,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →