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

V063, Millennium Estates

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V063 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 10M21 June 2022
Current rentAED 495K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V063

Property timeline for V063, Millennium Estates

What is V063 worth today?

Last sold for AED 10,000,000 in 2022

Unlock today's estimate, updated daily, with

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

1 Nov 2023RentedRenewal
AED 495,453/yr9 months · AED 65 per sqft
21 Jun 2022SoldReady
AED 10,000,000AED 1,313 per sqft
1 Nov 2021RentedNew contract
AED 450,000/yr12 months · AED 59 per sqft
25 Oct 2020RentedNew contract
AED 255,000/yr12 months · AED 33 per sqft
24 Oct 2018RentedNew contract
AED 255,000/yr36 months · AED 33 per sqft
1 Aug 2016RentedNew contract
AED 330,667/yr25 months · AED 43 per sqft
6 May 2015Sold by developerOff-plan
AED 7,979,195AED 1,047 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 10M · June 2022
Community
Millennium Estates

About V063, Millennium Estates

V063 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 21 June 2022 for AED 10,000,000, or AED 1,313 per sqft, 15% above the AED 1,142 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 495,453 a year: a gross yield of 5.0% on the 2022 price.

Sales and rents for V063 over time

Sales
Villa V063, 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 7,979,195 (AED 1,047 per sqft)Sold, June 2022: AED 10,000,000 (AED 1,313 per sqft)

V063 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V063, 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, August 2016: AED 330,667 a yearNew contract, October 2018: AED 255,000 a yearNew contract, October 2020: AED 255,000 a yearNew contract, November 2021: AED 450,000 a yearRenewal, November 2023: AED 495,453 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 V063 sits

All 198 5-beds →

V063 last sold in June 2022 at AED 1,313 per sqft, 15% above what five-beds in Millennium Estates were fetching at the time (AED 1,142). 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. V063's AED 495,453 is in the lower half 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 →

V063, Millennium Estates in numbers

  • Sold twice: first on 6 May 2015 for AED 7,979,195, last on 21 June 2022 for AED 10,000,000 (AED 1,313 per sqft).
  • Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 330,667 to AED 255,000 in 2020 and recovered to AED 495,453 by November 2023.
  • At AED 495,453 a year the gross yield on the 2022 price is 5.0%.
  • 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 1 November 2023.

Questions about V063, Millennium Estates

What did villa V063 last sell for?

AED 10,000,000 on 21 June 2022: AED 1,313 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 7,979,195 in May 2015.

What is the rent for villa V063?

AED 495,453 a year on the contract renewed on 1 November 2023. The previous contract, from November 2021, was AED 450,000; the villa has been rented since August 2016.

How big is villa V063?

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

What is villa V063 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 V063? 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 V063, Millennium Estates

Starts from the last sale price (AED 10M, 21 June 2022). 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 AED 425,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →