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

V098, Millennium Estates

Sold prices and rental history: sold 3 times, last in March 2021, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V098 · DLD and Ejari recordsUpdated 7 March 2021
Last soldAED 10M7 March 2021
Current rentAED 150K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V098, Millennium Estates

What is V098 worth today?

Last sold for AED 10,000,000 in 2021

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7 Mar 2021SoldReady
AED 10,000,000AED 1,313 per sqft
1 Sep 2020RentedNew contract · flagged as an outlier
AED 150,000/yr12 months · AED 20 per sqft
30 Jun 2020SoldReady
AED 5,600,000AED 735 per sqft
30 May 2019Sold by developerReady
AED 5,500,000AED 722 per sqft

Source: Dubai Land Department. Updated 7 March 2021.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 10M · March 2021
Community
Millennium Estates

About V098, Millennium Estates

V098 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 7 March 2021 for AED 10,000,000, or AED 1,313 per sqft, 48% above the AED 887 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 September 2020. The current contract, signed on 1 September 2020, is AED 150,000 a year: a gross yield of 1.5% on the 2021 price.

Sales and rents for V098 over time

Sales
Villa V098, 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 2019: AED 5,500,000 (AED 722 per sqft)Sold, June 2020: AED 5,600,000 (AED 735 per sqft)Sold, March 2021: AED 10,000,000 (AED 1,313 per sqft)

V098 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V098, 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 660,000

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 V098 sits

All 198 5-beds →

V098 last sold in March 2021 at AED 1,313 per sqft, 48% above what five-beds in Millennium Estates were fetching at the time (AED 887). 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. V098's AED 150,000 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 →

V098, Millennium Estates in numbers

  • Sold 3 times: first on 30 May 2019 for AED 5,500,000, last on 7 March 2021 for AED 10,000,000 (AED 1,313 per sqft).
  • Rented since September 2020 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 1.5%.
  • 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 7 March 2021.

Questions about V098, Millennium Estates

What did villa V098 last sell for?

AED 10,000,000 on 7 March 2021: AED 1,313 per sqft for 7,616 sqft. The villa has 3 registered sales; the first was AED 5,500,000 in May 2019.

What is the rent for villa V098?

AED 150,000 a year on the contract signed on 1 September 2020.

How big is villa V098?

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

What is villa V098 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 V098, Millennium Estates

Starts from the last sale price (AED 10M, 7 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 10,000,000
Deposit, UAE resident (20%)
AED 2,000,000
Deposit, non-resident (40%)
AED 4,000,000
Monthly over 25 years at 3.7%
AED 40,913

Plus AED 425,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →