Home
Dubai prices
About
Research
5-bed · 7,616 sqftMillennium Estates, Meydan City · completed 2015

V017, Millennium Estates

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V017 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 8.6M26 May 2022
Current rentAED 200K /yr7 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V017

Property timeline for V017, Millennium Estates

What is V017 worth today?

Last sold for AED 8,600,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Mar 2023RentedNew contract
AED 200,000/yr12 months · AED 26 per sqft
26 May 2022SoldReady
AED 8,600,000AED 1,129 per sqft
1 Mar 2022RentedRenewal
AED 325,000/yr12 months · AED 43 per sqft
1 Mar 2021RentedNew contract
AED 325,000/yr12 months · AED 43 per sqft
26 Nov 2018RentedNew contract
AED 250,000/yr12 months · AED 33 per sqft
20 Jan 2018RentedNew contract
AED 265,000/yr36 months · AED 35 per sqft
1 Oct 2017RentedNew contract
AED 260,000/yr12 months · AED 34 per sqft
27 May 2015Sold by developerOff-plan
AED 8,741,250AED 1,147 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 8.6M · May 2022
Community
Millennium Estates

About V017, Millennium Estates

V017 is a five-bedroom villa of 7,616 sqft in Millennium Estates, a villa community in Meydan City completed in 2015 by G & Co Real Estate Development. It last sold on 26 May 2022 for AED 8,600,000, or AED 1,129 per sqft, in line with the AED 1,132 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 7 March 2023, is AED 200,000 a year: a gross yield of 2.3% on the 2022 price.

Sales and rents for V017 over time

Sales
Villa V017, each saleTypical five-bed in Millennium Estates
10M20M20142017202020232026Typical sale price by year: 2014 AED 7,850,115; 2015 AED 8,050,118; 2016 AED 7,447,545; 2017 AED 7,323,773; 2018 AED 7,000,000; 2019 AED 6,350,000; 2020 AED 6,300,000; 2021 AED 6,850,000; 2022 AED 9,100,000; 2023 AED 12,375,000; 2024 AED 13,900,000; 2025 AED 18,500,000Sold by developer, May 2015: AED 8,741,250 (AED 1,147 per sqft)Sold, May 2022: AED 8,600,000 (AED 1,129 per sqft)

V017 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V017, each contractTypical five-bed in Millennium Estates
250K500K750K2016201920222025Typical rent by year: 2016 AED 330,000; 2017 AED 280,000; 2018 AED 272,500; 2019 AED 270,000; 2020 AED 255,000; 2021 AED 281,138; 2022 AED 325,000; 2023 AED 472,727; 2024 AED 570,000; 2025 AED 670,000; 2026 AED 660,000New contract, October 2017: AED 260,000 a yearNew contract, January 2018: AED 265,000 a yearNew contract, November 2018: AED 250,000 a yearNew contract, March 2021: AED 325,000 a yearRenewal, March 2022: AED 325,000 a yearNew contract, March 2023: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Millennium Estates, and where V017 sits

All 198 5-beds →

V017 last sold in May 2022 at AED 1,129 per sqft, in line with what five-beds in Millennium Estates were fetching at the time (AED 1,132). Over the last 12 months five-beds sold for AED 15,650,000, around AED 2,054 per sqft, and rent for AED 400,000 to 780,000 a year. V017's AED 200,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
5 Jan 202615,650,000
16 Oct 202526,500,000
8 Jul 202519,000,000
4 Jul 202518,000,000
1 5-bed sale in the last 12 months

Millennium Estates

Community

198 villas, 5-bed in Meydan City, completed in 2015 by G & Co Real Estate Development. 1 sold in the last 12 months.

Typical price per sqft
AED 2,054
Typical sale
AED 15.65M
Typical rent
AED 630K /yr
Typical yield
4.5%
Millennium Estates, Meydan City: prices, sales and rents →

V017, Millennium Estates in numbers

  • Sold twice: first on 27 May 2015 for AED 8,741,250, last on 26 May 2022 for AED 8,600,000 (AED 1,129 per sqft).
  • Rented since October 2017 on 6 Ejari contracts, from AED 260,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 2.3%.
  • Five-beds in Millennium Estates sold for AED 15,650,000–15,650,000 in the 12 months to November 2026; the community's median across all types is AED 2,054 per sqft.

Source: Dubai Land Department. Updated 7 March 2023.

Questions about V017, Millennium Estates

What did villa V017 last sell for?

AED 8,600,000 on 26 May 2022: AED 1,129 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 8,741,250 in May 2015.

What is the rent for villa V017?

AED 200,000 a year on the contract signed on 7 March 2023. The previous contract, from March 2022, was AED 325,000; the villa has been rented since October 2017.

How big is villa V017?

7,616 sqft (707.6 sqm): a five-bedroom villa in Millennium Estates, completed in 2015.

What is villa V017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Millennium Estates sold for AED 15,650,000 to 15,650,000 in the last 12 months, around AED 2,054 per sqft.

Selling V017? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V017, Millennium Estates

Starts from the last sale price (AED 8.6M, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,600,000
Deposit, UAE resident (20%)
AED 1,720,000
Deposit, non-resident (40%)
AED 3,440,000
Monthly over 25 years at 3.7%
AED 35,185

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →