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

V173, Millennium Estates

Sold prices and rental history: sold twice, last in November 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V173 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 10M13 November 2014
Current rentAED 200K /yr16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V173, Millennium Estates

What is V173 worth today?

Last sold for AED 10,000,000 in 2014

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16 Jun 2023RentedRenewal
AED 200,000/yr60 months · AED 25 per sqft
16 Jun 2018RentedRenewal
AED 200,000/yr60 months · AED 25 per sqft
16 Jun 2017RentedRenewal
AED 250,000/yr12 months · AED 31 per sqft
13 Nov 2014SoldOff-plan
AED 10,000,000AED 1,240 per sqft
2 Nov 2014Sold by developerOff-plan
AED 9,213,750AED 1,143 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 10M · November 2014
Community
Millennium Estates

About V173, Millennium Estates

V173 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 13 November 2014 for AED 10,000,000, or AED 1,240 per sqft, 22% above the AED 1,016 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 16 June 2023, is AED 200,000 a year: a gross yield of 2.0% on the 2014 price.

Sales and rents for V173 over time

Sales
Villa V173, 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, November 2014: AED 10,000,000 (AED 1,240 per sqft)Sold by developer, November 2014: AED 9,213,750 (AED 1,143 per sqft)

V173 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V173, 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 660,000Renewal, June 2017: AED 250,000 a yearRenewal, June 2018: AED 200,000 a yearRenewal, June 2023: AED 200,000 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 V173 sits

All 198 5-beds →

V173 last sold in November 2014 at AED 1,240 per sqft, 22% above what five-beds in Millennium Estates were fetching at the time (AED 1,016). 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. V173's AED 200,000 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 →

V173, Millennium Estates in numbers

  • Sold twice: first on 2 November 2014 for AED 9,213,750, last on 13 November 2014 for AED 10,000,000 (AED 1,240 per sqft).
  • Rented since June 2017 on 3 Ejari contracts, from AED 250,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2014 price is 2.0%.
  • 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 16 June 2023.

Questions about V173, Millennium Estates

What did villa V173 last sell for?

AED 10,000,000 on 13 November 2014: AED 1,240 per sqft for 8,061 sqft. The villa has 2 registered sales; the first was AED 9,213,750 in November 2014.

What is the rent for villa V173?

AED 200,000 a year on the contract renewed on 16 June 2023. The previous contract, from June 2018, was AED 200,000; the villa has been rented since June 2017.

How big is villa V173?

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

What is villa V173 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 V173, Millennium Estates

Starts from the last sale price (AED 10M, 13 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 10,000,000
Deposit, UAE resident (20%)
AED 2,000,000
Deposit, non-resident (40%)
AED 4,000,000
Monthly over 25 years at 3.7%
AED 40,913

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