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5-bed · 7,616 sqftMillennium Estates, Meydan City · completed 2015

V064, Millennium Estates

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V064 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 8.3M23 March 2022
Current rentAED 500K /yr16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V064, Millennium Estates

What is V064 worth today?

Last sold for AED 8,300,000 in 2022

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16 Jul 2024RentedRenewal
AED 500,000/yr36 months · AED 66 per sqft
16 Jul 2023RentedNew contract
AED 400,000/yr12 months · AED 53 per sqft
23 Mar 2022SoldReady
AED 8,300,000AED 1,089 per sqft
16 Jul 2021RentedRenewal
AED 330,000/yr12 months · AED 43 per sqft
16 Jul 2020RentedRenewal
AED 230,000/yr12 months · AED 30 per sqft
16 Jul 2018RentedNew contract
AED 290,000/yr12 months · AED 38 per sqft
29 Jun 2014Sold by developerOff-plan
AED 7,797,195AED 1,023 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 8.3M · March 2022
Community
Millennium Estates

About V064, Millennium Estates

V064 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 23 March 2022 for AED 8,300,000, or AED 1,089 per sqft, in line with the AED 1,089 five-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 16 July 2024, is AED 500,000 a year: a gross yield of 6.0% on the 2022 price.

Sales and rents for V064 over time

Sales
Villa V064, 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 2014: AED 7,797,195 (AED 1,023 per sqft)Sold, March 2022: AED 8,300,000 (AED 1,089 per sqft)

V064 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V064, 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, July 2018: AED 290,000 a yearRenewal, July 2020: AED 230,000 a yearRenewal, July 2021: AED 330,000 a yearNew contract, July 2023: AED 400,000 a yearRenewal, July 2024: AED 500,000 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 V064 sits

All 198 5-beds →

V064 last sold in March 2022 at AED 1,089 per sqft, in line with what five-beds in Millennium Estates were fetching at the time (AED 1,089). 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. V064's AED 500,000 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 →

V064, Millennium Estates in numbers

  • Sold twice: first on 29 June 2014 for AED 7,797,195, last on 23 March 2022 for AED 8,300,000 (AED 1,089 per sqft).
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 290,000 to AED 230,000 in 2020 and recovered to AED 500,000 by July 2024.
  • At AED 500,000 a year the gross yield on the 2022 price is 6.0%.
  • 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 16 July 2024.

Questions about V064, Millennium Estates

What did villa V064 last sell for?

AED 8,300,000 on 23 March 2022: AED 1,089 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 7,797,195 in June 2014.

What is the rent for villa V064?

AED 500,000 a year on the contract renewed on 16 July 2024. The previous contract, from July 2023, was AED 400,000; the villa has been rented since July 2018.

How big is villa V064?

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

What is villa V064 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 V064, Millennium Estates

Starts from the last sale price (AED 8.3M, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,300,000
Deposit, UAE resident (20%)
AED 1,660,000
Deposit, non-resident (40%)
AED 3,320,000
Monthly over 25 years at 3.7%
AED 33,958

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