Home
Dubai prices
About
Research
4-bed · 4,673 sqftHattan 1, The Lakes · completed 2009

V03, Hattan 1

Sold prices and rental history: sold 3 times, last in March 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V03 · DLD and Ejari recordsUpdated 23 March 2020
Last soldAED 4M23 March 2020
Current rentAED 400K /yr16 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V03

Property timeline for V03, Hattan 1

What is V03 worth today?

Last sold for AED 4,000,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Mar 2020SoldReady
AED 4,000,000AED 856 per sqft
16 Sep 2017RentedNew contract
AED 400,000/yr12 months · AED 86 per sqft
10 Jul 2016RentedNew contract
AED 340,000/yr12 months · AED 73 per sqft
20 Mar 2015RentedNew contract
AED 400,000/yr12 months · AED 86 per sqft
2 Jun 2014SoldReady
AED 12,500,000AED 2,675 per sqft
25 May 2009Sold by developerReady
AED 5,400,000AED 1,155 per sqft

Source: Dubai Land Department. Updated 23 March 2020.

Key facts

Type
4-bed villa
Size
4,673 sqft
Developer
Emaar
Completed
2009
Service charge
AED 19,300 /yr
Last sold
AED 4M · March 2020
Community
Hattan 1

About V03, Hattan 1

V03 is a four-bedroom villa of 4,673 sqft in Hattan 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 23 March 2020 for AED 4,000,000, or AED 856 per sqft, 14% below the AED 994 four-beds in the community were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 16 September 2017, is AED 400,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 19,300 a year.

Sales and rents for V03 over time

Sales
Villa V03, each saleTypical four-bed in Hattan 1
5M10M20062010201420182022Typical sale price by year: 2006 AED 2,375,888; 2007 AED 2,922,888; 2008 AED 4,625,000; 2009 AED 3,424,444; 2010 AED 3,450,000; 2011 AED 5,700,000; 2012 AED 5,586,444; 2013 AED 8,000,000; 2014 AED 12,400,000; 2017 AED 10,600,000; 2020 AED 5,500,000; 2021 AED 12,000,000Sold by developer, May 2009: AED 5,400,000 (AED 1,155 per sqft)Sold, June 2014: AED 12,500,000 (AED 2,675 per sqft)Sold, March 2020: AED 4,000,000 (AED 856 per sqft)

V03 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V03, each contractTypical four-bed in Hattan 1
400K600K2012201620202024Typical rent by year: 2012 AED 343,000; 2013 AED 400,000; 2014 AED 480,000; 2015 AED 415,000; 2016 AED 350,000; 2017 AED 380,000; 2018 AED 420,000; 2019 AED 340,000; 2020 AED 370,000; 2021 AED 428,698; 2022 AED 500,000; 2023 AED 499,375; 2024 AED 566,844; 2025 AED 582,500; 2026 AED 585,000New contract, March 2015: AED 400,000 a yearNew contract, July 2016: AED 340,000 a yearNew contract, September 2017: AED 400,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Hattan 1, and where V03 sits

All 37 4-beds →

V03 last sold in March 2020 at AED 856 per sqft, 14% below what four-beds in Hattan 1 were fetching at the time (AED 994). Over the last 12 months four-beds sold for AED 29,000,000, around AED 4,858 per sqft, and rent for AED 250,000 to 665,000 a year. V03's AED 400,000 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
9 Dec 202529,000,000
21 Mar 202515,775,000
30 Oct 202416,000,000
26 Apr 202416,250,000
1 4-bed sale in the last 12 months

Hattan 1

Community

50 villas, 4-bed to 5-bed in The Lakes, completed in 2009 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 4,858
Typical sale
AED 29M
Typical rent
AED 585K /yr
Typical yield
2.5%
Hattan 1, The Lakes: prices, sales and rents →

V03, Hattan 1 in numbers

  • Sold 3 times: first on 25 May 2009 for AED 5,400,000, last on 23 March 2020 for AED 4,000,000 (AED 856 per sqft).
  • Rented since March 2015 on 3 Ejari contracts. The rent fell from AED 400,000 to AED 340,000 in 2016 and recovered to AED 400,000 by September 2017.
  • At AED 400,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 19,300 a year (AED 4.14 per sqft).
  • Four-beds in Hattan 1 sold for AED 29,000,000–29,000,000 in the 12 months to November 2026; the community's median across all types is AED 4,858 per sqft.

Source: Dubai Land Department. Updated 23 March 2020.

Questions about V03, Hattan 1

What did villa V03 last sell for?

AED 4,000,000 on 23 March 2020: AED 856 per sqft for 4,673 sqft. The villa has 3 registered sales; the first was AED 5,400,000 in May 2009.

What is the rent for villa V03?

AED 400,000 a year on the contract signed on 16 September 2017. The previous contract, from July 2016, was AED 340,000; the villa has been rented since March 2015.

How big is villa V03?

4,673 sqft (434.1 sqm): a four-bedroom villa in Hattan 1, completed in 2009.

What is villa V03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Hattan 1 sold for AED 29,000,000 to 29,000,000 in the last 12 months, around AED 4,858 per sqft.

Selling V03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V03, Hattan 1

Starts from the last sale price (AED 4M, 23 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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