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

V185, Millennium Estates

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V185 · DLD and Ejari recordsUpdated 31 March 2023
Last soldAED 5.9M31 March 2023
Current rentAED 350K /yr5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V185, Millennium Estates

What is V185 worth today?

Last sold for AED 5,900,000 in 2023

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31 Mar 2023SoldReady
AED 5,900,000AED 731 per sqft
5 May 2021RentedNew contract
AED 350,000/yr12 months · AED 43 per sqft
10 Jul 2020RentedRenewal
AED 244,343/yr12 months · AED 30 per sqft
10 Jul 2019RentedNew contract
AED 270,000/yr12 months · AED 33 per sqft
10 Jul 2018RentedNew contract
AED 270,000/yr12 months · AED 33 per sqft
1 Dec 2017RentedNew contract
AED 270,000/yr12 months · AED 33 per sqft
20 Sep 2017RentedNew contract
AED 280,000/yr12 months · AED 35 per sqft
6 Apr 2016SoldOff-plan
AED 9,213,750AED 1,143 per sqft

Source: Dubai Land Department. Updated 31 March 2023.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 5.9M · March 2023

About V185, Millennium Estates

V185 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 31 March 2023 for AED 5,900,000, or AED 731 per sqft, 42% below the AED 1,255 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 5 May 2021, is AED 350,000 a year: a gross yield of 5.9% on the 2023 price.

Sales and rents for V185 over time

Sales
Villa V185, 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, August 2014: AED 9,213,750 (AED 1,143 per sqft)Sold, April 2016: AED 9,213,750 (AED 1,143 per sqft)Sold, March 2023: AED 5,900,000 (AED 731 per sqft)

V185 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V185, 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, September 2017: AED 280,000 a yearNew contract, December 2017: AED 270,000 a yearNew contract, July 2018: AED 270,000 a yearNew contract, July 2019: AED 270,000 a yearRenewal, July 2020: AED 244,343 a yearNew contract, May 2021: AED 350,000 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 V185 sits

All 198 5-beds →

V185 last sold in March 2023 at AED 731 per sqft, 42% below what five-beds in Millennium Estates were fetching at the time (AED 1,255). 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. V185's AED 350,000 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 →

V185, Millennium Estates in numbers

  • Sold 3 times: first on 12 August 2014 for AED 9,213,750, last on 31 March 2023 for AED 5,900,000 (AED 731 per sqft).
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 280,000 to AED 244,343 in 2020 and recovered to AED 350,000 by May 2021.
  • At AED 350,000 a year the gross yield on the 2023 price is 5.9%.
  • 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 31 March 2023.

Questions about V185, Millennium Estates

What did villa V185 last sell for?

AED 5,900,000 on 31 March 2023: AED 731 per sqft for 8,061 sqft. The villa has 3 registered sales; the first was AED 9,213,750 in August 2014.

What is the rent for villa V185?

AED 350,000 a year on the contract signed on 5 May 2021. The previous contract, from July 2020, was AED 244,343; the villa has been rented since September 2017.

How big is villa V185?

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

What is villa V185 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 V185, Millennium Estates

Starts from the last sale price (AED 5.9M, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,900,000
Deposit, UAE resident (20%)
AED 1,180,000
Deposit, non-resident (40%)
AED 2,360,000
Monthly over 25 years at 3.7%
AED 24,139

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