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

V096, Millennium Estates

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V096 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 8.74M27 May 2015
Current rentAED 550K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V096, Millennium Estates

What is V096 worth today?

Last sold for AED 8,741,250 in 2015

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1 Jul 2022RentedNew contract
AED 550,000/yr24 months · AED 72 per sqft
1 Mar 2020RentedNew contract
AED 250,000/yr12 months · AED 33 per sqft
1 Feb 2020RentedNew contract
AED 250,000/yr12 months · AED 33 per sqft
20 Jul 2018RentedRenewal
AED 270,000/yr12 months · AED 35 per sqft
20 Jul 2017RentedNew contract
AED 270,000/yr12 months · AED 35 per sqft
27 May 2015Sold by developerOff-plan
AED 8,741,250AED 1,147 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 8.74M · May 2015
Community
Millennium Estates

About V096, Millennium Estates

V096 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. The developer sold it on 27 May 2015 for AED 8,741,250, or AED 1,147 per sqft, 12% above the AED 1,023 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 July 2022, is AED 550,000 a year: a gross yield of 6.3% on the 2015 price.

Sales and rents for V096 over time

Sales
Villa V096, 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 8,741,250 (AED 1,147 per sqft)

V096 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V096, 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, July 2017: AED 270,000 a yearRenewal, July 2018: AED 270,000 a yearNew contract, February 2020: AED 250,000 a yearNew contract, March 2020: AED 250,000 a yearNew contract, July 2022: AED 550,000 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 V096 sits

All 198 5-beds →

V096 last sold in May 2015 at AED 1,147 per sqft, 12% above what five-beds in Millennium Estates were fetching at the time (AED 1,023). 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. V096's AED 550,000 is in the lower half 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 →

V096, Millennium Estates in numbers

  • Sold once: by G & Co Real Estate Development on 27 May 2015 for AED 8,741,250, or AED 1,147 per sqft.
  • Rented since July 2017 on 5 Ejari contracts, from AED 270,000 to AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2015 price is 6.3%.
  • 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 July 2022.

Questions about V096, Millennium Estates

What did villa V096 last sell for?

AED 8,741,250 on 27 May 2015, sold by the developer: AED 1,147 per sqft for 7,616 sqft. It is the only registered sale of the villa.

What is the rent for villa V096?

AED 550,000 a year on the contract signed on 1 July 2022. The previous contract, from March 2020, was AED 250,000; the villa has been rented since July 2017.

How big is villa V096?

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

What is villa V096 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 V096, Millennium Estates

Starts from the last sale price (AED 8.74M, 27 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 8,741,250
Deposit, UAE resident (20%)
AED 1,748,250
Deposit, non-resident (40%)
AED 3,496,500
Monthly over 25 years at 3.7%
AED 35,763

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