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

V184, Millennium Estates

Sold prices and rental history: sold once, by the developer in July 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V184 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 8.59M14 July 2014
Current rentAED 240K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V184, Millennium Estates

What is V184 worth today?

Last sold for AED 8,587,215 in 2014

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1 Jul 2020RentedNew contract
AED 240,000/yr12 months · AED 30 per sqft
1 Jul 2019RentedNew contract
AED 280,000/yr12 months · AED 35 per sqft
14 Jul 2014Sold by developerOff-plan
AED 8,587,215AED 1,065 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 8.59M · July 2014
Community
Millennium Estates

About V184, Millennium Estates

V184 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 14 July 2014 for AED 8,587,215, or AED 1,065 per sqft, 7% above the AED 998 five-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 July 2020, is AED 240,000 a year: a gross yield of 2.8% on the 2014 price.

Sales and rents for V184 over time

Sales
Villa V184, 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, July 2014: AED 8,587,215 (AED 1,065 per sqft)

V184 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V184, 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, July 2019: AED 280,000 a yearNew contract, July 2020: AED 240,000 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 V184 sits

All 198 5-beds →

V184 last sold in July 2014 at AED 1,065 per sqft, 7% above what five-beds in Millennium Estates were fetching at the time (AED 998). 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. V184's AED 240,000 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 →

V184, Millennium Estates in numbers

  • Sold once: by G & Co Real Estate Development on 14 July 2014 for AED 8,587,215, or AED 1,065 per sqft.
  • Rented since July 2019 on 2 Ejari contracts, from AED 280,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2014 price is 2.8%.
  • 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 1 July 2020.

Questions about V184, Millennium Estates

What did villa V184 last sell for?

AED 8,587,215 on 14 July 2014, sold by the developer: AED 1,065 per sqft for 8,061 sqft. It is the only registered sale of the villa.

What is the rent for villa V184?

AED 240,000 a year on the contract signed on 1 July 2020. The previous contract, from July 2019, was AED 280,000.

How big is villa V184?

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

What is villa V184 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 V184, Millennium Estates

Starts from the last sale price (AED 8.59M, 14 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 8,587,215
Deposit, UAE resident (20%)
AED 1,717,443
Deposit, non-resident (40%)
AED 3,434,886
Monthly over 25 years at 3.7%
AED 35,133

Plus AED 365,673 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →