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4-bed · 5,214 sqftHattan 1, The Lakes · completed 2009

V17, Hattan 1

Sold prices and rental history: sold 3 times, last in July 2018, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V17 · DLD and Ejari recordsUpdated 19 July 2018
Last soldAED 8.9M19 July 2018
Current rentAED 500K /yr21 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V17, Hattan 1

What is V17 worth today?

Last sold for AED 8,900,000 in 2018

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19 Jul 2018SoldReady
AED 8,900,000AED 1,707 per sqft
21 Jun 2015RentedNew contract
AED 500,000/yr12 months · AED 96 per sqft
28 Jan 2014SoldReady
AED 10,250,000AED 1,965 per sqft
7 Sep 2013RentedNew contract
AED 350,000/yr12 months · AED 67 per sqft
7 Sep 2012RentedNew contract
AED 326,000/yr12 months · AED 63 per sqft
7 Jul 2008Sold by developerReady
AED 1,130,444AED 216 per sqft

Source: Dubai Land Department. Updated 19 July 2018.

Key facts

Type
4-bed villa
Size
5,214 sqft
Developer
Emaar
Completed
2009
Service charge
AED 21,600 /yr
Last sold
AED 8.9M · July 2018
Community
Hattan 1

About V17, Hattan 1

V17 is a four-bedroom villa of 5,214 sqft in Hattan 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 19 July 2018 for AED 8,900,000, or AED 1,707 per sqft, 5% below the AED 1,792 four-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 21 June 2015, is AED 500,000 a year: a gross yield of 5.6% on the 2018 price, before the service charge of about AED 21,600 a year.

Sales and rents for V17 over time

Sales
Villa V17, each saleTypical four-bed in Hattan 1
05M10M20062010201420182022Typical 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, July 2008: AED 1,130,444 (AED 216 per sqft)Sold, January 2014: AED 10,250,000 (AED 1,965 per sqft)Sold, July 2018: AED 8,900,000 (AED 1,707 per sqft)

V17 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V17, 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, September 2012: AED 326,000 a yearNew contract, September 2013: AED 350,000 a yearNew contract, June 2015: AED 500,000 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 V17 sits

All 37 4-beds →

V17 last sold in July 2018 at AED 1,707 per sqft, 5% below what four-beds in Hattan 1 were fetching at the time (AED 1,792). 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. V17's AED 500,000 is in the upper 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 →

V17, Hattan 1 in numbers

  • Sold 3 times: first on 7 July 2008 for AED 1,130,444, last on 19 July 2018 for AED 8,900,000 (AED 1,707 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 326,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2018 price is 5.6%, before a service charge of about AED 21,600 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 19 July 2018.

Questions about V17, Hattan 1

What did villa V17 last sell for?

AED 8,900,000 on 19 July 2018: AED 1,707 per sqft for 5,214 sqft. The villa has 3 registered sales; the first was AED 1,130,444 in July 2008.

What is the rent for villa V17?

AED 500,000 a year on the contract signed on 21 June 2015. The previous contract, from September 2013, was AED 350,000; the villa has been rented since September 2012.

How big is villa V17?

5,214 sqft (484.4 sqm): a four-bedroom villa in Hattan 1, completed in 2009.

What is villa V17 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.

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Mortgage on V17, Hattan 1

Starts from the last sale price (AED 8.9M, 19 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 8,900,000
Deposit, UAE resident (20%)
AED 1,780,000
Deposit, non-resident (40%)
AED 3,560,000
Monthly over 25 years at 3.7%
AED 36,413

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