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

V122, Millennium Estates

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V122 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 16.9M19 December 2024
Current rentAED 648K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V122, Millennium Estates

What is V122 worth today?

Last sold for AED 16,900,000 in 2024

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19 Dec 2024SoldReady
AED 16,900,000AED 2,096 per sqft
15 Nov 2023RentedRenewal
AED 648,000/yr4 months · AED 80 per sqft
15 Nov 2022RentedRenewal
AED 540,000/yr12 months · AED 67 per sqft
10 Oct 2020RentedRenewal
AED 280,000/yr12 months · AED 35 per sqft
10 Oct 2019RentedRenewal
AED 280,000/yr12 months · AED 35 per sqft
10 Oct 2018RentedNew contract
AED 300,000/yr12 months · AED 37 per sqft
10 Oct 2017RentedNew contract
AED 300,000/yr12 months · AED 37 per sqft
10 Oct 2017RentedNew contract
AED 300,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 16.9M · December 2024

About V122, Millennium Estates

V122 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 19 December 2024 for AED 16,900,000, or AED 2,096 per sqft, 17% above the AED 1,786 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 648,000 a year: a gross yield of 3.8% on the 2024 price.

Sales and rents for V122 over time

Sales
Villa V122, 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, January 2015: AED 7,850,115 (AED 973 per sqft)Sold, March 2015: AED 9,969,646 (AED 1,236 per sqft)Sold, December 2024: AED 16,900,000 (AED 2,096 per sqft)

V122 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V122, 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, October 2017: AED 300,000 a yearNew contract, October 2017: AED 300,000 a yearNew contract, October 2018: AED 300,000 a yearRenewal, October 2019: AED 280,000 a yearRenewal, October 2020: AED 280,000 a yearRenewal, November 2022: AED 540,000 a yearRenewal, November 2023: AED 648,000 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 V122 sits

All 198 5-beds →

V122 last sold in December 2024 at AED 2,096 per sqft, 17% above what five-beds in Millennium Estates were fetching at the time (AED 1,786). 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. V122's AED 648,000 is in the upper 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 →

V122, Millennium Estates in numbers

  • Sold 3 times: first on 26 January 2015 for AED 7,850,115, last on 19 December 2024 for AED 16,900,000 (AED 2,096 per sqft).
  • Rented since October 2017 on 7 Ejari contracts, from AED 300,000 to AED 648,000 a year.
  • At AED 648,000 a year the gross yield on the 2024 price is 3.8%.
  • 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 19 December 2024.

Questions about V122, Millennium Estates

What did villa V122 last sell for?

AED 16,900,000 on 19 December 2024: AED 2,096 per sqft for 8,061 sqft. The villa has 3 registered sales; the first was AED 7,850,115 in January 2015.

What is the rent for villa V122?

AED 648,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 540,000; the villa has been rented since October 2017.

How big is villa V122?

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

What is villa V122 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 V122, Millennium Estates

Starts from the last sale price (AED 16.9M, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 16,900,000
Deposit, UAE resident (20%)
AED 3,380,000
Deposit, non-resident (40%)
AED 6,760,000
Monthly over 25 years at 3.7%
AED 69,143

Plus AED 714,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →