V048, Millennium Estates
Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V048, Millennium Estates
What is V048 worth today?
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Source: Dubai Land Department. Updated 11 March 2024.
Key facts
- Type
- 5-bed villa
- Size
- 7,616 sqft
- Developer
- G & Co Real Estate Development
- Completed
- 2015
- Last sold
- AED 7.48M · January 2015
- Community
- Millennium Estates
About V048, Millennium Estates
V048 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 18 January 2015 for AED 7,475,000, or AED 981 per sqft, 3% below the AED 1,016 five-beds in the community were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 11 March 2024, is AED 550,000 a year: a gross yield of 7.4% on the 2015 price.
Sales and rents for V048 over time
V048 has sold twice; the dashed line is the five-bed median of each year in the community.
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 V048 sits
All 198 5-beds →V048 last sold in January 2015 at AED 981 per sqft, 3% below what five-beds in Millennium Estates were fetching at the time (AED 1,016). 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. V048's AED 550,000 is in the lower half of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 7,616 sqft | 15,650,000 | 2,054 | ||
| 16 Oct 202516 October 2025 | 8,061 sqft | 26,500,000 | 3,287 | ||
| 8 Jul 20258 July 2025 | 8,061 sqft | 19,000,000 | 2,357 | ||
| 4 Jul 20254 July 2025 | 7,616 sqft | 18,000,000 | 2,363 |
Millennium Estates
Community198 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%
V048, Millennium Estates in numbers
- Sold twice: first on 18 December 2014 for AED 7,447,545, last on 18 January 2015 for AED 7,475,000 (AED 981 per sqft).
- Rented since December 2016 on 8 Ejari contracts, from AED 310,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2015 price is 7.4%.
- 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 11 March 2024.
Questions about V048, Millennium Estates
What did villa V048 last sell for?
AED 7,475,000 on 18 January 2015: AED 981 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 7,447,545 in December 2014.
What is the rent for villa V048?
AED 550,000 a year on the contract signed on 11 March 2024. The previous contract, from January 2023, was AED 410,000; the villa has been rented since December 2016.
How big is villa V048?
7,616 sqft (707.6 sqm): a five-bedroom villa in Millennium Estates, completed in 2015.
What is villa V048 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 V048, Millennium Estates
Starts from the last sale price (AED 7.48M, 18 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 7,475,000
- Deposit, UAE resident (20%)
- AED 1,495,000
- Deposit, non-resident (40%)
- AED 2,990,000
- Monthly over 25 years at 3.7%
- AED 30,583
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →