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

V088, Millennium Estates

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V088 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 13.5M30 November 2023
Current rentAED 325K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V088, Millennium Estates

What is V088 worth today?

Last sold for AED 13,500,000 in 2023

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30 Nov 2023SoldReady
AED 13,500,000AED 1,772 per sqft
15 Mar 2023SoldReady
AED 10,125,000AED 1,329 per sqft
1 Nov 2022RentedRenewal
AED 325,000/yr12 months · AED 43 per sqft
1 Nov 2021RentedRenewal
AED 300,000/yr12 months · AED 39 per sqft
1 Nov 2020RentedRenewal
AED 280,000/yr12 months · AED 37 per sqft
1 Nov 2019RentedNew contract
AED 280,000/yr12 months · AED 37 per sqft
23 Apr 2015Sold by developerOff-plan
AED 8,146,845AED 1,069 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 13.5M · November 2023
Community
Millennium Estates

About V088, Millennium Estates

V088 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 30 November 2023 for AED 13,500,000, or AED 1,772 per sqft, 10% above the AED 1,612 five-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 325,000 a year: a gross yield of 2.4% on the 2023 price.

Sales and rents for V088 over time

Sales
Villa V088, 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 8,146,845 (AED 1,069 per sqft)Sold, March 2023: AED 10,125,000 (AED 1,329 per sqft)Sold, November 2023: AED 13,500,000 (AED 1,772 per sqft)

V088 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V088, 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, November 2019: AED 280,000 a yearRenewal, November 2020: AED 280,000 a yearRenewal, November 2021: AED 300,000 a yearRenewal, November 2022: AED 325,000 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 V088 sits

All 198 5-beds →

V088 last sold in November 2023 at AED 1,772 per sqft, 10% above 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. V088's AED 325,000 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 →

V088, Millennium Estates in numbers

  • Sold 3 times: first on 23 April 2015 for AED 8,146,845, last on 30 November 2023 for AED 13,500,000 (AED 1,772 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 280,000 to AED 325,000 a year.
  • At AED 325,000 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 30 November 2023.

Questions about V088, Millennium Estates

What did villa V088 last sell for?

AED 13,500,000 on 30 November 2023: AED 1,772 per sqft for 7,616 sqft. The villa has 3 registered sales; the first was AED 8,146,845 in April 2015.

What is the rent for villa V088?

AED 325,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 300,000; the villa has been rented since November 2019.

How big is villa V088?

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

What is villa V088 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 V088, Millennium Estates

Starts from the last sale price (AED 13.5M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 13,500,000
Deposit, UAE resident (20%)
AED 2,700,000
Deposit, non-resident (40%)
AED 5,400,000
Monthly over 25 years at 3.7%
AED 55,233

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