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

V389, Villa Lantana 2

Sold prices and rental history: sold twice, last in February 2020, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V389 · DLD and Ejari recordsUpdated 9 February 2020
Last soldAED 1.95M9 February 2020
Current rentAED 150K /yr20 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V389, Villa Lantana 2

What is V389 worth today?

Last sold for AED 1,950,000 in 2020

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9 Feb 2020SoldReady
AED 1,950,000AED 749 per sqft
20 Nov 2018RentedNew contract
AED 150,000/yr12 months · AED 58 per sqft
9 Feb 2015Sold by developerOff-plan
AED 2,380,000AED 914 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2020.

Key facts

Type
3-bed villa
Size
2,601 sqft
Developer
DBT One Residential Projects
Completed
2017
Last sold
AED 1.95M · February 2020

About V389, Villa Lantana 2

V389 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 9 February 2020 for AED 1,950,000, or AED 749 per sqft, 5% below the AED 788 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 20 November 2018. The current contract, signed on 20 November 2018, is AED 150,000 a year: a gross yield of 7.7% on the 2020 price.

Sales and rents for V389 over time

Sales
Villa V389, 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 2,380,000 (AED 914 per sqft)Sold, February 2020: AED 1,950,000 (AED 749 per sqft)

V389 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V389, 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, November 2018: AED 150,000 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 V389 sits

All 65 3-beds →

V389 last sold in February 2020 at AED 749 per sqft, 5% below what three-beds in Villa Lantana 2 were fetching at the time (AED 788). V389's AED 150,000 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 →

V389, Villa Lantana 2 in numbers

  • Sold twice: first on 9 February 2015 for AED 2,380,000, last on 9 February 2020 for AED 1,950,000 (AED 749 per sqft).
  • Rented since November 2018 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2020 price is 7.7%.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2020.

Questions about V389, Villa Lantana 2

What did villa V389 last sell for?

AED 1,950,000 on 9 February 2020: AED 749 per sqft for 2,601 sqft. The villa has 2 registered sales; the first was AED 2,380,000 in February 2015.

What is the rent for villa V389?

AED 150,000 a year on the contract signed on 20 November 2018.

How big is villa V389?

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

What is villa V389 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 V389, Villa Lantana 2

Starts from the last sale price (AED 1.95M, 9 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →