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3-bed · 2,699 sqftMaeen, The Lakes · completed 2005

V012, Maeen

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V012 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 6.13M11 December 2024
Current rentAED 188K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V012, Maeen

What is V012 worth today?

Last sold for AED 6,125,000 in 2024

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11 Dec 2024SoldReady
AED 6,125,000AED 2,269 per sqft
20 Sep 2023RentedRenewal
AED 187,500/yr12 months · AED 69 per sqft
20 Sep 2022RentedRenewal
AED 172,000/yr12 months · AED 64 per sqft
20 Sep 2021RentedRenewal
AED 160,000/yr12 months · AED 59 per sqft
20 Sep 2020RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
25 May 2018RentedRenewal
AED 230,000/yr12 months · AED 85 per sqft
25 May 2017RentedRenewal
AED 230,000/yr12 months · AED 85 per sqft
25 May 2016RentedRenewal
AED 230,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
3-bed villa
Size
2,699 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,200 /yr
Last sold
AED 6.13M · December 2024
Community
Maeen

About V012, Maeen

V012 is a three-bedroom villa of 2,699 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 11 December 2024 for AED 6,125,000, or AED 2,269 per sqft, 11% above the AED 2,048 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 187,500 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for V012 over time

Sales
Villa V012, each saleTypical three-bed in Maeen
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,652,888; 2009 AED 2,631,866; 2010 AED 2,629,888; 2011 AED 2,532,771; 2012 AED 2,925,000; 2013 AED 3,350,000; 2014 AED 4,050,000; 2015 AED 3,300,000; 2016 AED 3,237,500; 2017 AED 3,275,000; 2018 AED 2,950,000; 2019 AED 2,625,247; 2020 AED 2,425,000; 2021 AED 3,200,000; 2022 AED 3,950,000; 2023 AED 4,975,000; 2024 AED 5,790,000; 2025 AED 6,450,000Sold by developer, July 2008: AED 2,535,472 (AED 939 per sqft)Sold, August 2008: AED 4,100,000 (AED 1,519 per sqft)Sold, December 2024: AED 6,125,000 (AED 2,269 per sqft)

V012 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V012, each contractTypical three-bed in Maeen
200K300K20112015201920232027Typical rent by year: 2011 AED 184,083; 2012 AED 190,000; 2013 AED 200,000; 2014 AED 220,000; 2015 AED 221,500; 2016 AED 215,000; 2017 AED 210,000; 2018 AED 190,000; 2019 AED 175,385; 2020 AED 165,000; 2021 AED 170,000; 2022 AED 190,000; 2023 AED 212,500; 2024 AED 262,500; 2025 AED 275,000; 2026 AED 307,500New contract, May 2015: AED 230,000 a yearRenewal, May 2016: AED 230,000 a yearRenewal, May 2017: AED 230,000 a yearRenewal, May 2018: AED 230,000 a yearNew contract, September 2020: AED 160,000 a yearRenewal, September 2021: AED 160,000 a yearRenewal, September 2022: AED 172,000 a yearRenewal, September 2023: AED 187,500 a year

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

3-beds in Maeen, and where V012 sits

All 181 3-beds →

V012 last sold in December 2024 at AED 2,269 per sqft, 11% above what three-beds in Maeen were fetching at the time (AED 2,048). Over the last 12 months three-beds sold for AED 7,000,000 to 16,700,000, around AED 3,556 per sqft, and rent for AED 160,000 to 750,000 a year. V012's AED 187,500 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
9 Feb 202616,700,000
7 Jan 20267,000,000
29 Oct 20255,600,000
9 Oct 202511,500,000
2 3-bed sales in the last 12 months

Maeen

Community

261 villas, 2-bed to 5-bed in The Lakes, completed in 2005 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 4,518
Typical sale
AED 16.7M
Typical rent
AED 308K /yr
Typical yield
2.5%
Maeen, The Lakes: prices, sales and rents →

V012, Maeen in numbers

  • Sold 3 times: first on 20 July 2008 for AED 2,535,472, last on 11 December 2024 for AED 6,125,000 (AED 2,269 per sqft).
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 230,000 to AED 160,000 in 2021 and recovered to AED 187,500 by September 2023.
  • At AED 187,500 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).
  • Three-beds in Maeen sold for AED 7,000,000–16,700,000 in the 12 months to November 2026; the community's median across all types is AED 4,518 per sqft.

Source: Dubai Land Department. Updated 11 December 2024.

Questions about V012, Maeen

What did villa V012 last sell for?

AED 6,125,000 on 11 December 2024: AED 2,269 per sqft for 2,699 sqft. The villa has 3 registered sales; the first was AED 2,535,472 in July 2008.

What is the rent for villa V012?

AED 187,500 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 172,000; the villa has been rented since May 2015.

How big is villa V012?

2,699 sqft (250.7 sqm): a three-bedroom villa in Maeen, completed in 2005.

What is villa V012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Maeen sold for AED 7,000,000 to 16,700,000 in the last 12 months, around AED 3,556 per sqft.

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Mortgage on V012, Maeen

Starts from the last sale price (AED 6.13M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,125,000
Deposit, UAE resident (20%)
AED 1,225,000
Deposit, non-resident (40%)
AED 2,450,000
Monthly over 25 years at 3.7%
AED 25,059

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