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

V034, Millennium Estates

Sold prices and rental history: sold 5 times, last in November 2023, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V034 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 10M13 November 2023
Current rentAED 130K /yr1 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V034, Millennium Estates

What is V034 worth today?

Last sold for AED 10,000,000 in 2023

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13 Nov 2023SoldReady
AED 10,000,000AED 1,746 per sqft
1 May 2020RentedNew contract
AED 130,000/yr12 months · AED 23 per sqft
28 Nov 2017SoldReady
AED 5,950,000AED 1,039 per sqft
18 Oct 2017SoldReady
AED 5,280,000AED 922 per sqft
17 Sep 2015SoldOff-plan
AED 5,821,415AED 1,016 per sqft
14 Sep 2015Sold by developerOff-plan
AED 5,821,415AED 1,016 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
5-bed villa
Size
5,725 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 10M · November 2023

About V034, Millennium Estates

V034 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. It last sold on 13 November 2023 for AED 10,000,000, or AED 1,746 per sqft, 8% above the AED 1,612 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 May 2020. The current contract, signed on 1 May 2020, is AED 130,000 a year: a gross yield of 1.3% on the 2023 price.

Sales and rents for V034 over time

Sales
Villa V034, 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, September 2015: AED 5,821,415 (AED 1,016 per sqft)Sold by developer, September 2015: AED 5,821,415 (AED 1,016 per sqft)Sold, October 2017: AED 5,280,000 (AED 922 per sqft)Sold, November 2017: AED 5,950,000 (AED 1,039 per sqft)Sold, November 2023: AED 10,000,000 (AED 1,746 per sqft)

V034 has sold 5 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V034, 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, May 2020: AED 130,000 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 V034 sits

All 198 5-beds →

V034 last sold in November 2023 at AED 1,746 per sqft, 8% above what five-beds in Millennium Estates were fetching at the time (AED 1,612). 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. V034's AED 130,000 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 →

V034, Millennium Estates in numbers

  • Sold 5 times: first on 14 September 2015 for AED 5,821,415, last on 13 November 2023 for AED 10,000,000 (AED 1,746 per sqft).
  • Rented since May 2020 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 1.3%.
  • 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 13 November 2023.

Questions about V034, Millennium Estates

What did villa V034 last sell for?

AED 10,000,000 on 13 November 2023: AED 1,746 per sqft for 5,725 sqft. The villa has 5 registered sales; the first was AED 5,821,415 in September 2015.

What is the rent for villa V034?

AED 130,000 a year on the contract signed on 1 May 2020.

How big is villa V034?

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

What is villa V034 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 V034, Millennium Estates

Starts from the last sale price (AED 10M, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,000,000
Deposit, UAE resident (20%)
AED 2,000,000
Deposit, non-resident (40%)
AED 4,000,000
Monthly over 25 years at 3.7%
AED 40,913

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