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

V193, Millennium Estates

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V193 · DLD and Ejari recordsUpdated 24 May 2022
Last soldAED 9.95M24 May 2022
Current rentAED 265K /yr18 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V193, Millennium Estates

What is V193 worth today?

Last sold for AED 9,950,000 in 2022

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24 May 2022SoldReady
AED 9,950,000AED 1,234 per sqft
18 Jan 2021RentedRenewal
AED 265,000/yr13 months · AED 33 per sqft
18 Dec 2019RentedNew contract
AED 265,000/yr13 months · AED 33 per sqft
10 Dec 2018RentedNew contract
AED 285,000/yr12 months · AED 35 per sqft
1 Apr 2017RentedNew contract
AED 280,000/yr13 months · AED 35 per sqft
2 Jun 2015Sold by developerOff-plan
AED 9,213,750AED 1,143 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type
5-bed villa
Size
8,061 sqft
Developer
G & Co Real Estate Development
Completed
2015
Last sold
AED 9.95M · May 2022
Community
Millennium Estates

About V193, Millennium Estates

V193 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 24 May 2022 for AED 9,950,000, or AED 1,234 per sqft, 11% above the AED 1,116 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 18 January 2021, is AED 265,000 a year: a gross yield of 2.7% on the 2022 price.

Sales and rents for V193 over time

Sales
Villa V193, 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, June 2015: AED 9,213,750 (AED 1,143 per sqft)Sold, May 2022: AED 9,950,000 (AED 1,234 per sqft)

V193 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V193, 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, April 2017: AED 280,000 a yearNew contract, December 2018: AED 285,000 a yearNew contract, December 2019: AED 265,000 a yearRenewal, January 2021: AED 265,000 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 V193 sits

All 198 5-beds →

V193 last sold in May 2022 at AED 1,234 per sqft, 11% above what five-beds in Millennium Estates were fetching at the time (AED 1,116). 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. V193's AED 265,000 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 →

V193, Millennium Estates in numbers

  • Sold twice: first on 2 June 2015 for AED 9,213,750, last on 24 May 2022 for AED 9,950,000 (AED 1,234 per sqft).
  • Rented since April 2017 on 4 Ejari contracts, from AED 280,000 to AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2022 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 24 May 2022.

Questions about V193, Millennium Estates

What did villa V193 last sell for?

AED 9,950,000 on 24 May 2022: AED 1,234 per sqft for 8,061 sqft. The villa has 2 registered sales; the first was AED 9,213,750 in June 2015.

What is the rent for villa V193?

AED 265,000 a year on the contract renewed on 18 January 2021. The previous contract, from December 2019, was AED 265,000; the villa has been rented since April 2017.

How big is villa V193?

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

What is villa V193 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 V193, Millennium Estates

Starts from the last sale price (AED 9.95M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,950,000
Deposit, UAE resident (20%)
AED 1,990,000
Deposit, non-resident (40%)
AED 3,980,000
Monthly over 25 years at 3.7%
AED 40,709

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