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

V189, Millennium Estates

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V189 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 14.7M6 November 2024
Current rentAED 400K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V189, Millennium Estates

What is V189 worth today?

Last sold for AED 14,700,000 in 2024

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6 Nov 2024SoldReady
AED 14,700,000AED 1,823 per sqft
20 Aug 2024RentedRenewal
AED 400,000/yr6 months · AED 50 per sqft
20 Feb 2024RentedRenewal
AED 350,000/yr6 months · AED 43 per sqft
20 Feb 2022RentedNew contract
AED 296,800/yr24 months · AED 37 per sqft
20 Feb 2021RentedNew contract
AED 265,000/yr12 months · AED 33 per sqft
20 Feb 2020RentedNew contract
AED 265,000/yr12 months · AED 33 per sqft
15 Mar 2018RentedNew contract
AED 280,000/yr24 months · AED 35 per sqft
21 Dec 2016RentedNew contract
AED 350,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 14.7M · November 2024

About V189, Millennium Estates

V189 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 6 November 2024 for AED 14,700,000, or AED 1,823 per sqft, 8% above the AED 1,687 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 400,000 a year: a gross yield of 2.7% on the 2024 price.

Sales and rents for V189 over time

Sales
Villa V189, 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, September 2014: AED 8,787,215 (AED 1,090 per sqft)Sold, November 2024: AED 14,700,000 (AED 1,823 per sqft)

V189 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V189, 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, December 2016: AED 350,000 a yearNew contract, March 2018: AED 280,000 a yearNew contract, February 2020: AED 265,000 a yearNew contract, February 2021: AED 265,000 a yearNew contract, February 2022: AED 296,800 a yearRenewal, February 2024: AED 350,000 a yearRenewal, August 2024: AED 400,000 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 V189 sits

All 198 5-beds →

V189 last sold in November 2024 at AED 1,823 per sqft, 8% above what five-beds in Millennium Estates were fetching at the time (AED 1,687). 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. V189's AED 400,000 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 →

V189, Millennium Estates in numbers

  • Sold twice: first on 23 September 2014 for AED 8,787,215, last on 6 November 2024 for AED 14,700,000 (AED 1,823 per sqft).
  • Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 350,000 to AED 265,000 in 2021 and recovered to AED 400,000 by August 2024.
  • At AED 400,000 a year the gross yield on the 2024 price is 2.7%.
  • 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 6 November 2024.

Questions about V189, Millennium Estates

What did villa V189 last sell for?

AED 14,700,000 on 6 November 2024: AED 1,823 per sqft for 8,061 sqft. The villa has 2 registered sales; the first was AED 8,787,215 in September 2014.

What is the rent for villa V189?

AED 400,000 a year on the contract renewed on 20 August 2024. The previous contract, from February 2024, was AED 350,000; the villa has been rented since December 2016.

How big is villa V189?

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

What is villa V189 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 V189, Millennium Estates

Starts from the last sale price (AED 14.7M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 14,700,000
Deposit, UAE resident (20%)
AED 2,940,000
Deposit, non-resident (40%)
AED 5,880,000
Monthly over 25 years at 3.7%
AED 60,142

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