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

V147, Millennium Estates

Sold prices and rental history: sold 3 times, last in June 2021, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V147 · DLD and Ejari recordsUpdated 10 June 2021
Last soldAED 7.5M10 June 2021
Current rentAED 310K /yr5 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V147, Millennium Estates

What is V147 worth today?

Last sold for AED 7,500,000 in 2021

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10 Jun 2021SoldReady
AED 7,500,000AED 930 per sqft
5 May 2020RentedNew contract
AED 310,000/yr12 months · AED 38 per sqft
21 Jul 2016SoldOff-plan
AED 8,500,000AED 1,054 per sqft
2 Jun 2015Sold by developerOff-plan
AED 8,418,665AED 1,044 per sqft

Source: Dubai Land Department. Updated 10 June 2021.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 7.5M · June 2021
Community
Millennium Estates

About V147, Millennium Estates

V147 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 10 June 2021 for AED 7,500,000, or AED 930 per sqft, 5% above the AED 887 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 5 May 2020. The current contract, signed on 5 May 2020, is AED 310,000 a year: a gross yield of 4.1% on the 2021 price.

Sales and rents for V147 over time

Sales
Villa V147, 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, June 2015: AED 8,418,665 (AED 1,044 per sqft)Sold, July 2016: AED 8,500,000 (AED 1,054 per sqft)Sold, June 2021: AED 7,500,000 (AED 930 per sqft)

V147 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V147, 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, May 2020: AED 310,000 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 V147 sits

All 198 5-beds →

V147 last sold in June 2021 at AED 930 per sqft, 5% above 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. V147's AED 310,000 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 →

V147, Millennium Estates in numbers

  • Sold 3 times: first on 2 June 2015 for AED 8,418,665, last on 10 June 2021 for AED 7,500,000 (AED 930 per sqft).
  • Rented since May 2020 on one Ejari contract, at AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2021 price is 4.1%.
  • 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 10 June 2021.

Questions about V147, Millennium Estates

What did villa V147 last sell for?

AED 7,500,000 on 10 June 2021: AED 930 per sqft for 8,061 sqft. The villa has 3 registered sales; the first was AED 8,418,665 in June 2015.

What is the rent for villa V147?

AED 310,000 a year on the contract signed on 5 May 2020.

How big is villa V147?

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

What is villa V147 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 V147, Millennium Estates

Starts from the last sale price (AED 7.5M, 10 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

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