5-bed · 6,425 sqftHattan 1, The Lakes · completed 2009

V24, Hattan 1

Sold prices and rental history: sold once, by the developer in December 2006, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V24 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 3.14M19 December 2006
Current rentAED 1.2M /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V24, Hattan 1

What is V24 worth today?

Last sold for AED 3,144,888 in 2006

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1 Dec 2024RentedNew contract
AED 1,200,000/yr24 months · AED 187 per sqft
20 Sep 2022RentedNew contract
AED 416,000/yr12 months · AED 65 per sqft
22 Sep 2021RentedRenewal
AED 416,000/yr12 months · AED 65 per sqft
22 Sep 2020RentedRenewal
AED 375,000/yr12 months · AED 58 per sqft
22 Sep 2019RentedNew contract
AED 400,000/yr12 months · AED 62 per sqft
19 Dec 2006Sold by developerReady
AED 3,144,888AED 489 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
5-bed villa
Size
6,425 sqft
Developer
Emaar
Completed
2009
Service charge
AED 26,600 /yr
Last sold
AED 3.14M · December 2006
Community
Hattan 1

About V24, Hattan 1

V24 is a five-bedroom villa of 6,425 sqft in Hattan 1, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 19 December 2006 for AED 3,144,888, or AED 489 per sqft, in line with the AED 489 five-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 December 2024, is AED 1,200,000 a year: a gross yield of 38.2% on the 2006 price, before the service charge of about AED 26,600 a year.

Sales and rents for V24 over time

Sales
Villa V24, each saleTypical five-bed in Hattan 1
10M2006200720082009Typical sale price by year: 2006 AED 3,144,888; 2007 AED 3,250,000; 2008 AED 15,677,500Sold by developer, December 2006: AED 3,144,888 (AED 489 per sqft)

V24 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V24, each contractTypical five-bed in Hattan 1
500K1M2019202120232025Typical rent by year: 2021 AED 515,000; 2022 AED 515,000; 2023 AED 300,000New contract, September 2019: AED 400,000 a yearRenewal, September 2020: AED 375,000 a yearRenewal, September 2021: AED 416,000 a yearNew contract, September 2022: AED 416,000 a yearNew contract, December 2024: AED 1,200,000 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 Hattan 1, and where V24 sits

All 13 5-beds →

V24 last sold in December 2006 at AED 489 per sqft, in line with what five-beds in Hattan 1 were fetching at the time (AED 489).

Recent 5-bed salesVilla no.Price (AED)Summary
7 Jul 202532,500,000
10 Jun 202423,000,000
5 Apr 202422,500,000
25 Oct 20218,500,000
0 5-bed sales 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 →

V24, Hattan 1 in numbers

  • Sold once: by Emaar on 19 December 2006 for AED 3,144,888, or AED 489 per sqft.
  • Rented since September 2019 on 5 Ejari contracts, from AED 400,000 to AED 1,200,000 a year.
  • At AED 1,200,000 a year the gross yield on the 2006 price is 38.2%, before a service charge of about AED 26,600 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 1 December 2024.

Questions about V24, Hattan 1

What did villa V24 last sell for?

AED 3,144,888 on 19 December 2006, sold by the developer: AED 489 per sqft for 6,425 sqft. It is the only registered sale of the villa.

What is the rent for villa V24?

AED 1,200,000 a year on the contract signed on 1 December 2024. The previous contract, from September 2022, was AED 416,000; the villa has been rented since September 2019.

How big is villa V24?

6,425 sqft (596.9 sqm): a five-bedroom villa in Hattan 1, completed in 2009.

What is villa V24 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V24, Hattan 1

Starts from the last sale price (AED 3.14M, 19 December 2006). Switch to today's estimate once you have unlocked it.
Price
AED 3,144,888
Deposit, UAE resident (20%)
AED 628,978
Deposit, non-resident (40%)
AED 1,257,955
Monthly over 25 years at 3.7%
AED 12,867

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