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

V102, Millennium Estates

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V102 · DLD and Ejari recordsUpdated 5 July 2022
Last soldAED 9M5 July 2022
Current rentAED 250K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V102, Millennium Estates

What is V102 worth today?

Last sold for AED 9,000,000 in 2022

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5 Jul 2022SoldReady
AED 9,000,000AED 1,181 per sqft
15 Sep 2021RentedRenewal
AED 250,000/yr12 months · AED 33 per sqft
15 Sep 2020RentedNew contract
AED 235,000/yr12 months · AED 31 per sqft
15 Sep 2019RentedNew contract
AED 260,000/yr12 months · AED 34 per sqft
18 Jul 2017RentedNew contract
AED 280,000/yr60 months · AED 37 per sqft
27 May 2015Sold by developerOff-plan
AED 8,741,250AED 1,147 per sqft

Source: Dubai Land Department. Updated 5 July 2022.

Key facts

Type
5-bed villa
Size
7,616 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 9M · July 2022

About V102, Millennium Estates

V102 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 5 July 2022 for AED 9,000,000, or AED 1,181 per sqft, in line with the AED 1,148 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 September 2021, is AED 250,000 a year: a gross yield of 2.8% on the 2022 price.

Sales and rents for V102 over time

Sales
Villa V102, 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)Sold, July 2022: AED 9,000,000 (AED 1,181 per sqft)

V102 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V102, 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 280,000 a yearNew contract, September 2019: AED 260,000 a yearNew contract, September 2020: AED 235,000 a yearRenewal, September 2021: AED 250,000 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 V102 sits

All 198 5-beds →

V102 last sold in July 2022 at AED 1,181 per sqft, in line with what five-beds in Millennium Estates were fetching at the time (AED 1,148). 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. V102's AED 250,000 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 →

V102, Millennium Estates in numbers

  • Sold twice: first on 27 May 2015 for AED 8,741,250, last on 5 July 2022 for AED 9,000,000 (AED 1,181 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 280,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2022 price is 2.8%.
  • 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 5 July 2022.

Questions about V102, Millennium Estates

What did villa V102 last sell for?

AED 9,000,000 on 5 July 2022: AED 1,181 per sqft for 7,616 sqft. The villa has 2 registered sales; the first was AED 8,741,250 in May 2015.

What is the rent for villa V102?

AED 250,000 a year on the contract renewed on 15 September 2021. The previous contract, from September 2020, was AED 235,000; the villa has been rented since July 2017.

How big is villa V102?

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

What is villa V102 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 V102, Millennium Estates

Starts from the last sale price (AED 9M, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

Plus AED 383,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →