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

V423, Villa Lantana 2

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

Villa V423 · DLD and Ejari recordsUpdated 16 December 2023
Last soldAED 4.38M4 October 2015
Current rentAED 205K /yr16 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V423, Villa Lantana 2

What is V423 worth today?

Last sold for AED 4,375,000 in 2015

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16 Dec 2023RentedRenewal
AED 205,000/yr12 months · AED 53 per sqft
16 Dec 2022RentedRenewal
AED 205,000/yr12 months · AED 53 per sqft
16 Dec 2020RentedRenewal
AED 195,000/yr12 months · AED 50 per sqft
1 Dec 2018RentedRenewal
AED 200,000/yr12 months · AED 52 per sqft
1 Dec 2017RentedNew contract
AED 200,000/yr12 months · AED 52 per sqft
4 Oct 2015Sold by developerOff-plan
AED 4,375,000AED 1,130 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2023.

Key facts

Type
4-bed villa
Size
3,871 sqft
Developer
DBT One Residential Projects
Completed
2017
Last sold
AED 4.38M · October 2015

About V423, Villa Lantana 2

V423 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. The developer sold it on 4 October 2015 for AED 4,375,000, or AED 1,130 per sqft, 7% above the AED 1,056 four-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 16 December 2023, is AED 205,000 a year: a gross yield of 4.7% on the 2015 price.

Sales and rents for V423 over time

Sales
Villa V423, 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, October 2015: AED 4,375,000 (AED 1,130 per sqft)

V423 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V423, 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, December 2017: AED 200,000 a yearRenewal, December 2018: AED 200,000 a yearRenewal, December 2020: AED 195,000 a yearRenewal, December 2022: AED 205,000 a yearRenewal, December 2023: AED 205,000 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 V423 sits

All 93 4-beds →

V423 last sold in October 2015 at AED 1,130 per sqft, 7% above what four-beds in Villa Lantana 2 were fetching at the time (AED 1,056).

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 →

V423, Villa Lantana 2 in numbers

  • Sold once: by DBT One Residential Projects on 4 October 2015 for AED 4,375,000, or AED 1,130 per sqft.
  • Rented since December 2017 on 5 Ejari contracts, from AED 200,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2015 price is 4.7%.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2023.

Questions about V423, Villa Lantana 2

What did villa V423 last sell for?

AED 4,375,000 on 4 October 2015, sold by the developer: AED 1,130 per sqft for 3,871 sqft. It is the only registered sale of the villa.

What is the rent for villa V423?

AED 205,000 a year on the contract renewed on 16 December 2023. The previous contract, from December 2022, was AED 205,000; the villa has been rented since December 2017.

How big is villa V423?

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

What is villa V423 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 V423, Villa Lantana 2

Starts from the last sale price (AED 4.38M, 4 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,375,000
Deposit, UAE resident (20%)
AED 875,000
Deposit, non-resident (40%)
AED 1,750,000
Monthly over 25 years at 3.7%
AED 17,899

Plus AED 188,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →