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3-bed · 2,601 sqftVilla Lantana 2, Dubai Science Park (Dubiotech) · completed 2017

V298, Villa Lantana 2

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V298 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 3.95M11 October 2024
Current rentAED 190K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V298, Villa Lantana 2

What is V298 worth today?

Last sold for AED 3,950,000 in 2024

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11 Oct 2024SoldReady
AED 3,950,000AED 1,518 per sqft
20 Aug 2024RentedRenewal
AED 190,000/yr12 months · AED 73 per sqft
20 Aug 2023RentedRenewal
AED 172,000/yr12 months · AED 66 per sqft
20 Aug 2022RentedRenewal
AED 160,000/yr12 months · AED 62 per sqft
20 Aug 2021RentedNew contract
AED 160,000/yr12 months · AED 62 per sqft
15 Aug 2020RentedRenewal
AED 135,000/yr12 months · AED 52 per sqft
15 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 58 per sqft
15 Jul 2018RentedRenewal
AED 160,000/yr12 months · AED 62 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2024.

Key facts

Type
3-bed villa
Size
2,601 sqft
Developer
DBT One Residential Projects
Completed
2017
Last sold
AED 3.95M · October 2024
Community
Villa Lantana 2

About V298, Villa Lantana 2

V298 is a three-bedroom villa of 2,601 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 11 October 2024 for AED 3,950,000, or AED 1,518 per sqft, in line with the AED 1,537 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 190,000 a year: a gross yield of 4.8% on the 2024 price.

Sales and rents for V298 over time

Sales
Villa V298, 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 2,640,000 (AED 1,014 per sqft)Sold, October 2024: AED 3,950,000 (AED 1,518 per sqft)

V298 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V298, 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, July 2017: AED 160,000 a yearRenewal, July 2018: AED 160,000 a yearNew contract, August 2019: AED 150,000 a yearRenewal, August 2020: AED 135,000 a yearNew contract, August 2021: AED 160,000 a yearRenewal, August 2022: AED 160,000 a yearRenewal, August 2023: AED 172,000 a yearRenewal, August 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 V298 sits

All 65 3-beds →

V298 last sold in October 2024 at AED 1,518 per sqft, in line with what three-beds in Villa Lantana 2 were fetching at the time (AED 1,537). V298'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 →

V298, Villa Lantana 2 in numbers

  • Sold twice: first on 22 January 2015 for AED 2,640,000, last on 11 October 2024 for AED 3,950,000 (AED 1,518 per sqft).
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 135,000 in 2020 and recovered to AED 190,000 by August 2024.
  • At AED 190,000 a year the gross yield on the 2024 price is 4.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2024.

Questions about V298, Villa Lantana 2

What did villa V298 last sell for?

AED 3,950,000 on 11 October 2024: AED 1,518 per sqft for 2,601 sqft. The villa has 2 registered sales; the first was AED 2,640,000 in January 2015.

What is the rent for villa V298?

AED 190,000 a year on the contract renewed on 20 August 2024. The previous contract, from August 2023, was AED 172,000; the villa has been rented since July 2017.

How big is villa V298?

2,601 sqft (241.6 sqm): a three-bedroom villa in Villa Lantana 2, completed in 2017.

What is villa V298 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 V298, Villa Lantana 2

Starts from the last sale price (AED 3.95M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

Plus AED 170,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →