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

V160, Millennium Estates

Sold prices and rental history: sold twice, last in October 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V160 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 13M26 October 2023
Current rentAED 245K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V160, Millennium Estates

What is V160 worth today?

Last sold for AED 13,000,000 in 2023

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26 Oct 2023SoldReady
AED 13,000,000AED 1,612 per sqft
1 Aug 2022RentedRenewal
AED 245,000/yr12 months · AED 30 per sqft
1 Aug 2019RentedNew contract
AED 250,000/yr12 months · AED 31 per sqft
1 Aug 2017RentedNew contract
AED 300,000/yr12 months · AED 37 per sqft
3 May 2015Sold by developerOff-plan
AED 8,418,665AED 1,044 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 13M · October 2023

About V160, Millennium Estates

V160 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 26 October 2023 for AED 13,000,000, or AED 1,612 per sqft, in line with the AED 1,581 five-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 245,000 a year: a gross yield of 1.9% on the 2023 price.

Sales and rents for V160 over time

Sales
Villa V160, 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 8,418,665 (AED 1,044 per sqft)Sold, October 2023: AED 13,000,000 (AED 1,612 per sqft)

V160 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V160, 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, August 2017: AED 300,000 a yearNew contract, August 2019: AED 250,000 a yearRenewal, August 2022: AED 245,000 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 V160 sits

All 198 5-beds →

V160 last sold in October 2023 at AED 1,612 per sqft, in line with what five-beds in Millennium Estates were fetching at the time (AED 1,581). 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. V160's AED 245,000 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 →

V160, Millennium Estates in numbers

  • Sold twice: first on 3 May 2015 for AED 8,418,665, last on 26 October 2023 for AED 13,000,000 (AED 1,612 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 300,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2023 price is 1.9%.
  • 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 26 October 2023.

Questions about V160, Millennium Estates

What did villa V160 last sell for?

AED 13,000,000 on 26 October 2023: AED 1,612 per sqft for 8,061 sqft. The villa has 2 registered sales; the first was AED 8,418,665 in May 2015.

What is the rent for villa V160?

AED 245,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2019, was AED 250,000; the villa has been rented since August 2017.

How big is villa V160?

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

What is villa V160 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 V160, Millennium Estates

Starts from the last sale price (AED 13M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 13,000,000
Deposit, UAE resident (20%)
AED 2,600,000
Deposit, non-resident (40%)
AED 5,200,000
Monthly over 25 years at 3.7%
AED 53,187

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