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

V101, Millennium Estates

Sold prices and rental history: sold 4 times, last in March 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V101 · DLD and Ejari recordsUpdated 16 April 2024
Last soldAED 6.25M21 March 2021
Current rentAED 402K /yr16 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V101, Millennium Estates

What is V101 worth today?

Last sold for AED 6,250,000 in 2021

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16 Apr 2024RentedRenewal
AED 402,000/yr24 months · AED 53 per sqft
16 Apr 2022RentedRenewal
AED 330,000/yr24 months · AED 43 per sqft
16 Apr 2021RentedNew contract
AED 330,000/yr12 months · AED 43 per sqft
21 Mar 2021SoldReady
AED 6,250,000AED 820 per sqft
25 Jan 2021SoldReady
AED 5,800,000AED 761 per sqft
15 Dec 2020SoldReady
AED 5,800,000AED 761 per sqft
30 May 2019Sold by developerReady
AED 5,500,000AED 722 per sqft

Source: Dubai Land Department. Updated 16 April 2024.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 6.25M · March 2021

About V101, Millennium Estates

V101 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 21 March 2021 for AED 6,250,000, or AED 820 per sqft, 8% below the AED 887 five-beds in the community were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 16 April 2024, is AED 402,000 a year: a gross yield of 6.4% on the 2021 price.

Sales and rents for V101 over time

Sales
Villa V101, 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, December 2020: AED 5,800,000 (AED 761 per sqft)Sold, January 2021: AED 5,800,000 (AED 761 per sqft)Sold, March 2021: AED 6,250,000 (AED 820 per sqft)

V101 has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V101, 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, April 2021: AED 330,000 a yearRenewal, April 2022: AED 330,000 a yearRenewal, April 2024: AED 402,000 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 V101 sits

All 198 5-beds →

V101 last sold in March 2021 at AED 820 per sqft, 8% below 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. V101's AED 402,000 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 →

V101, Millennium Estates in numbers

  • Sold 4 times: first on 30 May 2019 for AED 5,500,000, last on 21 March 2021 for AED 6,250,000 (AED 820 per sqft).
  • Rented since April 2021 on 3 Ejari contracts, from AED 330,000 to AED 402,000 a year.
  • At AED 402,000 a year the gross yield on the 2021 price is 6.4%.
  • 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 16 April 2024.

Questions about V101, Millennium Estates

What did villa V101 last sell for?

AED 6,250,000 on 21 March 2021: AED 820 per sqft for 7,616 sqft. The villa has 4 registered sales; the first was AED 5,500,000 in May 2019.

What is the rent for villa V101?

AED 402,000 a year on the contract renewed on 16 April 2024. The previous contract, from April 2022, was AED 330,000; the villa has been rented since April 2021.

How big is villa V101?

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

What is villa V101 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 V101, Millennium Estates

Starts from the last sale price (AED 6.25M, 21 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 6,250,000
Deposit, UAE resident (20%)
AED 1,250,000
Deposit, non-resident (40%)
AED 2,500,000
Monthly over 25 years at 3.7%
AED 25,571

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