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

V137, Millennium Estates

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V137 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 8.22M6 May 2015
Current rentAED 75K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V137, Millennium Estates

What is V137 worth today?

Last sold for AED 8,218,665 in 2015

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1 Dec 2024RentedRenewal · flagged as an outlier
AED 75,000/yr24 months · AED 9 per sqft
1 Dec 2022RentedRenewal · flagged as an outlier
AED 75,000/yr24 months · AED 9 per sqft
1 Dec 2021RentedRenewal · flagged as an outlier
AED 150,000/yr12 months · AED 19 per sqft
1 Dec 2018RentedRenewal
AED 175,000/yr12 months · AED 22 per sqft
1 Dec 2017RentedRenewal
AED 175,000/yr12 months · AED 22 per sqft
1 Dec 2016RentedNew contract
AED 175,000/yr12 months · AED 22 per sqft
6 May 2015Sold by developerOff-plan
AED 8,218,665AED 1,019 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 8.22M · May 2015

About V137, Millennium Estates

V137 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. The developer sold it on 6 May 2015 for AED 8,218,665, or AED 1,019 per sqft, in line with the AED 1,019 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 75,000 a year: a gross yield of 0.9% on the 2015 price.

Sales and rents for V137 over time

Sales
Villa V137, 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 8,218,665 (AED 1,019 per sqft)

V137 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V137, each contractTypical five-bed in Millennium Estates
250K500K750K2016201920222025Typical 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, December 2016: AED 175,000 a yearRenewal, December 2017: AED 175,000 a yearRenewal, December 2018: AED 175,000 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 V137 sits

All 198 5-beds →

V137 last sold in May 2015 at AED 1,019 per sqft, in line with 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. V137's AED 75,000 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 →

V137, Millennium Estates in numbers

  • Sold once: by G & Co Real Estate Development on 6 May 2015 for AED 8,218,665, or AED 1,019 per sqft.
  • Rented since December 2016 on 6 Ejari contracts, from AED 175,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 0.9%.
  • 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 1 December 2024.

Questions about V137, Millennium Estates

What did villa V137 last sell for?

AED 8,218,665 on 6 May 2015, sold by the developer: AED 1,019 per sqft for 8,061 sqft. It is the only registered sale of the villa.

What is the rent for villa V137?

AED 75,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2022, was AED 75,000; the villa has been rented since December 2016.

How big is villa V137?

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

What is villa V137 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 V137, Millennium Estates

Starts from the last sale price (AED 8.22M, 6 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 8,218,665
Deposit, UAE resident (20%)
AED 1,643,733
Deposit, non-resident (40%)
AED 3,287,466
Monthly over 25 years at 3.7%
AED 33,625

Plus AED 350,194 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →