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

V068, Millennium Estates

Sold prices and rental history: sold twice, last in November 2018, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V068 · DLD and Ejari recordsUpdated 17 May 2022
Last soldAED 7.3M19 November 2018
Current rentAED 200K /yr17 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V068, Millennium Estates

What is V068 worth today?

Last sold for AED 7,300,000 in 2018

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17 May 2022RentedNew contract
AED 200,000/yr12 months · AED 26 per sqft
19 Nov 2018SoldReady
AED 7,300,000AED 958 per sqft
1 May 2017RentedNew contract
AED 430,000/yr12 months · AED 56 per sqft
29 Oct 2015Sold by developerOff-plan
AED 7,447,545AED 977 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 7.3M · November 2018

About V068, Millennium Estates

V068 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 19 November 2018 for AED 7,300,000, or AED 958 per sqft, in line with the AED 965 five-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 17 May 2022, is AED 200,000 a year: a gross yield of 2.7% on the 2018 price.

Sales and rents for V068 over time

Sales
Villa V068, 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, October 2015: AED 7,447,545 (AED 977 per sqft)Sold, November 2018: AED 7,300,000 (AED 958 per sqft)

V068 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V068, 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 2017: AED 430,000 a yearNew contract, May 2022: AED 200,000 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 V068 sits

All 198 5-beds →

V068 last sold in November 2018 at AED 958 per sqft, in line with what five-beds in Millennium Estates were fetching at the time (AED 965). 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. V068's AED 200,000 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 →

V068, Millennium Estates in numbers

  • Sold twice: first on 29 October 2015 for AED 7,447,545, last on 19 November 2018 for AED 7,300,000 (AED 958 per sqft).
  • Rented since May 2017 on 2 Ejari contracts, from AED 430,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2018 price is 2.7%.
  • 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 17 May 2022.

Questions about V068, Millennium Estates

What did villa V068 last sell for?

AED 7,300,000 on 19 November 2018: AED 958 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 7,447,545 in October 2015.

What is the rent for villa V068?

AED 200,000 a year on the contract signed on 17 May 2022. The previous contract, from May 2017, was AED 430,000.

How big is villa V068?

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

What is villa V068 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 V068, Millennium Estates

Starts from the last sale price (AED 7.3M, 19 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 7,300,000
Deposit, UAE resident (20%)
AED 1,460,000
Deposit, non-resident (40%)
AED 2,920,000
Monthly over 25 years at 3.7%
AED 29,867

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