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

V081, Millennium Estates

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V081 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 11.5M14 December 2023
Current rentAED 275K /yr18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V081, Millennium Estates

What is V081 worth today?

Last sold for AED 11,500,000 in 2023

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14 Dec 2023SoldReady
AED 11,500,000AED 1,510 per sqft
18 Jan 2023RentedRenewal
AED 275,000/yr12 months · AED 36 per sqft
18 Jan 2022RentedRenewal
AED 275,000/yr12 months · AED 36 per sqft
18 Jan 2020RentedNew contract
AED 250,000/yr12 months · AED 33 per sqft
1 Sep 2018RentedRenewal
AED 280,000/yr12 months · AED 37 per sqft
1 Sep 2017RentedNew contract
AED 330,000/yr12 months · AED 43 per sqft
1 Sep 2016RentedNew contract
AED 330,000/yr12 months · AED 43 per sqft
11 May 2015Sold by developerOff-plan
AED 8,941,250AED 1,174 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 11.5M · December 2023
Community
Millennium Estates

About V081, Millennium Estates

V081 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 14 December 2023 for AED 11,500,000, or AED 1,510 per sqft, 6% below the AED 1,612 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 18 January 2023, is AED 275,000 a year: a gross yield of 2.4% on the 2023 price.

Sales and rents for V081 over time

Sales
Villa V081, 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 8,941,250 (AED 1,174 per sqft)Sold, December 2023: AED 11,500,000 (AED 1,510 per sqft)

V081 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V081, 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, September 2016: AED 330,000 a yearNew contract, September 2017: AED 330,000 a yearRenewal, September 2018: AED 280,000 a yearNew contract, January 2020: AED 250,000 a yearRenewal, January 2022: AED 275,000 a yearRenewal, January 2023: AED 275,000 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 V081 sits

All 198 5-beds →

V081 last sold in December 2023 at AED 1,510 per sqft, 6% below what five-beds in Millennium Estates were fetching at the time (AED 1,612). 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. V081's AED 275,000 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 →

V081, Millennium Estates in numbers

  • Sold twice: first on 11 May 2015 for AED 8,941,250, last on 14 December 2023 for AED 11,500,000 (AED 1,510 per sqft).
  • Rented since September 2016 on 6 Ejari contracts, from AED 330,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2023 price is 2.4%.
  • 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 14 December 2023.

Questions about V081, Millennium Estates

What did villa V081 last sell for?

AED 11,500,000 on 14 December 2023: AED 1,510 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 8,941,250 in May 2015.

What is the rent for villa V081?

AED 275,000 a year on the contract renewed on 18 January 2023. The previous contract, from January 2022, was AED 275,000; the villa has been rented since September 2016.

How big is villa V081?

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

What is villa V081 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 V081, Millennium Estates

Starts from the last sale price (AED 11.5M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 11,500,000
Deposit, UAE resident (20%)
AED 2,300,000
Deposit, non-resident (40%)
AED 4,600,000
Monthly over 25 years at 3.7%
AED 47,050

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