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

V191, Millennium Estates

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

Villa V191 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 13.9M21 March 2024
Current rentAED 1M /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V191, Millennium Estates

What is V191 worth today?

Last sold for AED 13,900,000 in 2024

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1 Jul 2024RentedNew contract
AED 1,000,000/yr12 months · AED 124 per sqft
21 Mar 2024SoldReady
AED 13,900,000AED 1,724 per sqft
24 Nov 2016RentedNew contract · flagged as an outlier
AED 120,000/yr12 months · AED 15 per sqft
3 Jul 2014Sold by developerOff-plan
AED 9,213,750AED 1,143 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 13.9M · March 2024

About V191, Millennium Estates

V191 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 21 March 2024 for AED 13,900,000, or AED 1,724 per sqft, 5% above the AED 1,639 five-beds in the community were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 July 2024, is AED 1,000,000 a year: a gross yield of 7.2% on the 2024 price.

Sales and rents for V191 over time

Sales
Villa V191, 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 9,213,750 (AED 1,143 per sqft)Sold, March 2024: AED 13,900,000 (AED 1,724 per sqft)

V191 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V191, each contractTypical five-bed in Millennium Estates
500K1M2016201920222025Typical 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 2024: AED 1,000,000 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 V191 sits

All 198 5-beds →

V191 last sold in March 2024 at AED 1,724 per sqft, 5% above what five-beds in Millennium Estates were fetching at the time (AED 1,639). 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. V191's AED 1,000,000 is at the top 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 →

V191, Millennium Estates in numbers

  • Sold twice: first on 3 July 2014 for AED 9,213,750, last on 21 March 2024 for AED 13,900,000 (AED 1,724 per sqft).
  • Rented since November 2016 on 2 Ejari contracts, from AED 120,000 to AED 1,000,000 a year.
  • At AED 1,000,000 a year the gross yield on the 2024 price is 7.2%.
  • 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 2024.

Questions about V191, Millennium Estates

What did villa V191 last sell for?

AED 13,900,000 on 21 March 2024: AED 1,724 per sqft for 8,061 sqft. The villa has 2 registered sales; the first was AED 9,213,750 in July 2014.

What is the rent for villa V191?

AED 1,000,000 a year on the contract signed on 1 July 2024. The previous contract, from November 2016, was AED 120,000.

How big is villa V191?

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

What is villa V191 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 V191, Millennium Estates

Starts from the last sale price (AED 13.9M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 13,900,000
Deposit, UAE resident (20%)
AED 2,780,000
Deposit, non-resident (40%)
AED 5,560,000
Monthly over 25 years at 3.7%
AED 56,869

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