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

V092, Millennium Estates

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

Villa V092 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 10.3M30 March 2023
Current rentAED 1.2M /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V092, Millennium Estates

What is V092 worth today?

Last sold for AED 10,300,000 in 2023

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1 Aug 2023RentedNew contract
AED 1,200,000/yr12 months · AED 158 per sqft
30 Mar 2023SoldReady
AED 10,300,000AED 1,352 per sqft
15 Nov 2021RentedNew contract
AED 350,000/yr12 months · AED 46 per sqft
1 Nov 2019RentedNew contract
AED 250,000/yr12 months · AED 33 per sqft
31 Jan 2019SoldReady
AED 6,350,000AED 833 per sqft
27 Oct 2015Sold by developerOff-plan
AED 8,741,250AED 1,147 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 10.3M · March 2023
Community
Millennium Estates

About V092, Millennium Estates

V092 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 March 2023 for AED 10,300,000, or AED 1,352 per sqft, 6% above the AED 1,279 five-beds in the community were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 August 2023, is AED 1,200,000 a year: a gross yield of 11.7% on the 2023 price.

Sales and rents for V092 over time

Sales
Villa V092, 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 8,741,250 (AED 1,147 per sqft)Sold, January 2019: AED 6,350,000 (AED 833 per sqft)Sold, March 2023: AED 10,300,000 (AED 1,352 per sqft)

V092 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V092, each contractTypical five-bed in Millennium Estates
500K1M2016201920222025Typical 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 250,000 a yearNew contract, November 2021: AED 350,000 a yearNew contract, August 2023: AED 1,200,000 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 V092 sits

All 198 5-beds →

V092 last sold in March 2023 at AED 1,352 per sqft, 6% above what five-beds in Millennium Estates were fetching at the time (AED 1,279). 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. V092's AED 1,200,000 is at the top 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 →

V092, Millennium Estates in numbers

  • Sold 3 times: first on 27 October 2015 for AED 8,741,250, last on 30 March 2023 for AED 10,300,000 (AED 1,352 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 250,000 to AED 1,200,000 a year.
  • At AED 1,200,000 a year the gross yield on the 2023 price is 11.7%.
  • 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 1 August 2023.

Questions about V092, Millennium Estates

What did villa V092 last sell for?

AED 10,300,000 on 30 March 2023: AED 1,352 per sqft for 7,616 sqft. The villa has 3 registered sales; the first was AED 8,741,250 in October 2015.

What is the rent for villa V092?

AED 1,200,000 a year on the contract signed on 1 August 2023. The previous contract, from November 2021, was AED 350,000; the villa has been rented since November 2019.

How big is villa V092?

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

What is villa V092 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 V092, Millennium Estates

Starts from the last sale price (AED 10.3M, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,300,000
Deposit, UAE resident (20%)
AED 2,060,000
Deposit, non-resident (40%)
AED 4,120,000
Monthly over 25 years at 3.7%
AED 42,140

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