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

V057, Millennium Estates

Sold prices and rental history: sold twice, last in March 2021, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V057 · DLD and Ejari recordsUpdated 21 March 2021
Last soldAED 5.66M21 March 2021
Current rentAED 250K /yr15 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V057, Millennium Estates

What is V057 worth today?

Last sold for AED 5,662,500 in 2021

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21 Mar 2021SoldReady
AED 5,662,500AED 989 per sqft
15 Mar 2021RentedNew contract
AED 250,000/yr12 months · AED 44 per sqft
6 May 2015Sold by developerOff-plan
AED 6,526,250AED 1,139 per sqft

Source: Dubai Land Department. Updated 21 March 2021.

Key facts

Type
5-bed villa
Size
5,725 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 5.66M · March 2021
Community
Millennium Estates

About V057, Millennium Estates

V057 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 21 March 2021 for AED 5,662,500, or AED 989 per sqft, 11% above the AED 887 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 March 2021. The current contract, signed on 15 March 2021, is AED 250,000 a year: a gross yield of 4.4% on the 2021 price.

Sales and rents for V057 over time

Sales
Villa V057, 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 6,526,250 (AED 1,139 per sqft)Sold, March 2021: AED 5,662,500 (AED 989 per sqft)

V057 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V057, 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 660,000New contract, March 2021: AED 250,000 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 V057 sits

All 198 5-beds →

V057 last sold in March 2021 at AED 989 per sqft, 11% above what five-beds in Millennium Estates were fetching at the time (AED 887). 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. V057's AED 250,000 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 →

V057, Millennium Estates in numbers

  • Sold twice: first on 6 May 2015 for AED 6,526,250, last on 21 March 2021 for AED 5,662,500 (AED 989 per sqft).
  • Rented since March 2021 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2021 price is 4.4%.
  • 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 21 March 2021.

Questions about V057, Millennium Estates

What did villa V057 last sell for?

AED 5,662,500 on 21 March 2021: AED 989 per sqft for 5,725 sqft. The villa has 2 registered sales; the first was AED 6,526,250 in May 2015.

What is the rent for villa V057?

AED 250,000 a year on the contract signed on 15 March 2021.

How big is villa V057?

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

What is villa V057 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 V057, Millennium Estates

Starts from the last sale price (AED 5.66M, 21 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,662,500
Deposit, UAE resident (20%)
AED 1,132,500
Deposit, non-resident (40%)
AED 2,265,000
Monthly over 25 years at 3.7%
AED 23,167

Plus AED 242,835 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →