5-bed · 5,725 sqftMillennium Estates, Meydan City · completed 2015

V020, Millennium Estates

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

Villa V020 · DLD and Ejari recordsUpdated 5 August 2023
Last soldAED 5.56M2 June 2015
Current rentAED 15K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V020, Millennium Estates

What is V020 worth today?

Last sold for AED 5,560,365 in 2015

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5 Aug 2023RentedRenewal · flagged as an outlier
AED 15,000/yr60 months · AED 3 per sqft
5 Aug 2020RentedNew contract · flagged as an outlier
AED 15,000/yr36 months · AED 3 per sqft
2 Aug 2017RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 9 per sqft
2 Jun 2015Sold by developerOff-plan
AED 5,560,365AED 971 per sqft

Source: Dubai Land Department. Updated 5 August 2023.

Key facts

Type
5-bed villa
Size
5,725 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 5.56M · June 2015

About V020, Millennium Estates

V020 is a five-bedroom villa of 5,725 sqft in Millennium Estates, a villa community in Meydan City completed in 2015 by G & Co Real Estate Development. The developer sold it on 2 June 2015 for AED 5,560,365, or AED 971 per sqft, 6% below the AED 1,034 five-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 15,000 a year: a gross yield of 0.3% on the 2015 price.

Sales and rents for V020 over time

Sales
Villa V020, 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, June 2015: AED 5,560,365 (AED 971 per sqft)

V020 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V020, each contractTypical five-bed in Millennium Estates
200K400K600K2016201920222025Typical 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 660,000

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 V020 sits

All 198 5-beds →

V020 last sold in June 2015 at AED 971 per sqft, 6% below what five-beds in Millennium Estates were fetching at the time (AED 1,034). 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. V020's AED 15,000 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 →

V020, Millennium Estates in numbers

  • Sold once: by G & Co Real Estate Development on 2 June 2015 for AED 5,560,365, or AED 971 per sqft.
  • Rented since August 2017 on 3 Ejari contracts, from AED 50,000 to AED 15,000 a year.
  • At AED 15,000 a year the gross yield on the 2015 price is 0.3%.
  • 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 5 August 2023.

Questions about V020, Millennium Estates

What did villa V020 last sell for?

AED 5,560,365 on 2 June 2015, sold by the developer: AED 971 per sqft for 5,725 sqft. It is the only registered sale of the villa.

What is the rent for villa V020?

AED 15,000 a year on the contract renewed on 5 August 2023. The previous contract, from August 2020, was AED 15,000; the villa has been rented since August 2017.

How big is villa V020?

5,725 sqft (531.9 sqm): a five-bedroom villa in Millennium Estates, completed in 2015.

What is villa V020 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.

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Mortgage on V020, Millennium Estates

Starts from the last sale price (AED 5.56M, 2 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,560,365
Deposit, UAE resident (20%)
AED 1,112,073
Deposit, non-resident (40%)
AED 2,224,146
Monthly over 25 years at 3.7%
AED 22,749

Plus AED 238,546 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →