5-bed · 8,061 sqftMillennium Estates, Meydan City · completed 2015

V113, Millennium Estates

Sold prices and rental history: sold twice, last in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V113 · DLD and Ejari recordsUpdated 31 May 2017
Last soldAED 9M31 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V113, Millennium Estates

What is V113 worth today?

Last sold for AED 9,000,000 in 2017

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31 May 2017SoldReady
AED 9,000,000AED 1,116 per sqft
3 May 2015Sold by developerOff-plan
AED 8,050,115AED 998 per sqft

Source: Dubai Land Department. Updated 31 May 2017.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 9M · May 2017

About V113, Millennium Estates

V113 is a five-bedroom villa of 8,061 sqft in Millennium Estates, a villa community in Meydan City completed in 2015 by G & Co Real Estate Development. It last sold on 31 May 2017 for AED 9,000,000, or AED 1,116 per sqft, 10% above the AED 1,019 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V113 over time

Sales
Villa V113, 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 8,050,115 (AED 998 per sqft)Sold, May 2017: AED 9,000,000 (AED 1,116 per sqft)

V113 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V113, 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 V113 sits

All 198 5-beds →

V113 last sold in May 2017 at AED 1,116 per sqft, 10% above what five-beds in Millennium Estates were fetching at the time (AED 1,019). 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.

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 →

V113, Millennium Estates in numbers

  • Sold twice: first on 3 May 2015 for AED 8,050,115, last on 31 May 2017 for AED 9,000,000 (AED 1,116 per sqft).
  • 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 31 May 2017.

Questions about V113, Millennium Estates

What did villa V113 last sell for?

AED 9,000,000 on 31 May 2017: AED 1,116 per sqft for 8,061 sqft. The villa has 2 registered sales; the first was AED 8,050,115 in May 2015.

How big is villa V113?

8,061 sqft (748.9 sqm): a five-bedroom villa in Millennium Estates, completed in 2015.

What is villa V113 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 V113, Millennium Estates

Starts from the last sale price (AED 9M, 31 May 2017). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →