4-bed · 3,871 sqftVilla Lantana 2, Dubai Science Park (Dubiotech) · completed 2017

V387, Villa Lantana 2

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

Villa V387 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 5.5M1 March 2024
Current rentAED 246K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V387, Villa Lantana 2

What is V387 worth today?

Last sold for AED 5,500,000 in 2024

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1 Mar 2024SoldReady
AED 5,500,000AED 1,421 per sqft
10 Oct 2023RentedRenewal
AED 246,000/yr12 months · AED 64 per sqft
10 Oct 2022RentedRenewal
AED 205,000/yr12 months · AED 53 per sqft
10 Oct 2021RentedRenewal
AED 195,000/yr12 months · AED 50 per sqft
1 Oct 2019RentedRenewal
AED 190,000/yr12 months · AED 49 per sqft
1 Oct 2018RentedRenewal
AED 190,000/yr12 months · AED 49 per sqft
1 Oct 2017RentedNew contract
AED 205,000/yr12 months · AED 53 per sqft
23 May 2016Sold by developerOff-plan
AED 3,649,000AED 942 per sqft

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

Key facts

Type
4-bed villa
Size
3,871 sqft
Developer
DBT One Residential Projects
Completed
2017
Last sold
AED 5.5M · March 2024

About V387, Villa Lantana 2

V387 is a four-bedroom villa of 3,871 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 1 March 2024 for AED 5,500,000, or AED 1,421 per sqft, in line with the AED 1,402 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 246,000 a year: a gross yield of 4.5% on the 2024 price.

Sales and rents for V387 over time

Sales
Villa V387, 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, May 2016: AED 3,649,000 (AED 942 per sqft)Sold, March 2024: AED 5,500,000 (AED 1,421 per sqft)

V387 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V387, each contractTypical four-bed in Villa Lantana 2
200K300K2017202020232026Typical 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 320,000New contract, October 2017: AED 205,000 a yearRenewal, October 2018: AED 190,000 a yearRenewal, October 2019: AED 190,000 a yearRenewal, October 2021: AED 195,000 a yearRenewal, October 2022: AED 205,000 a yearRenewal, October 2023: AED 246,000 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 V387 sits

All 93 4-beds →

V387 last sold in March 2024 at AED 1,421 per sqft, in line with what four-beds in Villa Lantana 2 were fetching at the time (AED 1,402).

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 →

V387, Villa Lantana 2 in numbers

  • Sold twice: first on 23 May 2016 for AED 3,649,000, last on 1 March 2024 for AED 5,500,000 (AED 1,421 per sqft).
  • Rented since October 2017 on 6 Ejari contracts, from AED 205,000 to AED 246,000 a year.
  • At AED 246,000 a year the gross yield on the 2024 price is 4.5%.

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

Questions about V387, Villa Lantana 2

What did villa V387 last sell for?

AED 5,500,000 on 1 March 2024: AED 1,421 per sqft for 3,871 sqft. The villa has 2 registered sales; the first was AED 3,649,000 in May 2016.

What is the rent for villa V387?

AED 246,000 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 205,000; the villa has been rented since October 2017.

How big is villa V387?

3,871 sqft (359.6 sqm): a four-bedroom villa in Villa Lantana 2, completed in 2017.

What is villa V387 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 V387, Villa Lantana 2

Starts from the last sale price (AED 5.5M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

Plus AED 236,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →