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

V082, Millennium Estates

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V082 · DLD and Ejari recordsUpdated 29 September 2021
Last soldAED 8.34M29 September 2021
Current rentAED 280K /yr19 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V082, Millennium Estates

What is V082 worth today?

Last sold for AED 8,340,000 in 2021

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29 Sep 2021SoldReady
AED 8,340,000AED 1,095 per sqft
19 Feb 2021RentedNew contract
AED 280,000/yr24 months · AED 37 per sqft
19 Jan 2020RentedNew contract
AED 275,000/yr13 months · AED 36 per sqft
1 Mar 2018RentedRenewal · flagged as an outlier
AED 100,000/yr12 months · AED 13 per sqft
1 Mar 2017RentedNew contract · flagged as an outlier
AED 100,000/yr12 months · AED 13 per sqft
23 Apr 2015Sold by developerOff-plan
AED 8,346,845AED 1,096 per sqft

Source: Dubai Land Department. Updated 29 September 2021.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 8.34M · September 2021
Community
Millennium Estates

About V082, Millennium Estates

V082 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 29 September 2021 for AED 8,340,000, or AED 1,095 per sqft, 7% above the AED 1,024 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 19 February 2021, is AED 280,000 a year: a gross yield of 3.4% on the 2021 price.

Sales and rents for V082 over time

Sales
Villa V082, 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, April 2015: AED 8,346,845 (AED 1,096 per sqft)Sold, September 2021: AED 8,340,000 (AED 1,095 per sqft)

V082 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V082, 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, January 2020: AED 275,000 a yearNew contract, February 2021: AED 280,000 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 V082 sits

All 198 5-beds →

V082 last sold in September 2021 at AED 1,095 per sqft, 7% above what five-beds in Millennium Estates were fetching at the time (AED 1,024). 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. V082's AED 280,000 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 →

V082, Millennium Estates in numbers

  • Sold twice: first on 23 April 2015 for AED 8,346,845, last on 29 September 2021 for AED 8,340,000 (AED 1,095 per sqft).
  • Rented since March 2017 on 4 Ejari contracts, from AED 100,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2021 price is 3.4%.
  • 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 29 September 2021.

Questions about V082, Millennium Estates

What did villa V082 last sell for?

AED 8,340,000 on 29 September 2021: AED 1,095 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 8,346,845 in April 2015.

What is the rent for villa V082?

AED 280,000 a year on the contract signed on 19 February 2021. The previous contract, from January 2020, was AED 275,000; the villa has been rented since March 2017.

How big is villa V082?

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

What is villa V082 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 V082, Millennium Estates

Starts from the last sale price (AED 8.34M, 29 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 8,340,000
Deposit, UAE resident (20%)
AED 1,668,000
Deposit, non-resident (40%)
AED 3,336,000
Monthly over 25 years at 3.7%
AED 34,122

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