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3-bed · 2,685 sqftMaeen, The Lakes · completed 2005

V022, Maeen

Sold prices and rental history: sold twice, last in January 2013, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V022 · DLD and Ejari recordsUpdated 5 January 2013
Last soldAED 1.55M3 January 2013
Current rentAED 189K /yr5 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V022, Maeen

What is V022 worth today?

Last sold for AED 1,550,000 in 2013

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5 Jan 2013RentedNew contract
AED 189,000/yr12 months · AED 70 per sqft
3 Jan 2013SoldReady
AED 1,550,000AED 577 per sqft
29 Dec 2008Sold by developerReady
AED 2,669,888AED 994 per sqft

Source: Dubai Land Department. Updated 5 January 2013.

Key facts

Type
3-bed villa
Size
2,685 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,100 /yr
Last sold
AED 1.55M · January 2013
Community
Maeen

About V022, Maeen

V022 is a three-bedroom villa of 2,685 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 3 January 2013 for AED 1,550,000, or AED 577 per sqft, 45% below the AED 1,045 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 5 January 2013. The current contract, signed on 5 January 2013, is AED 189,000 a year: a gross yield of 12.2% on the 2013 price, before the service charge of about AED 11,100 a year.

Sales and rents for V022 over time

Sales
Villa V022, each saleTypical three-bed in Maeen
2.5M5M2008201320182023Typical 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, December 2008: AED 2,669,888 (AED 994 per sqft)Sold, January 2013: AED 1,550,000 (AED 577 per sqft)

V022 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V022, 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, January 2013: AED 189,000 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 V022 sits

All 181 3-beds →

V022 last sold in January 2013 at AED 577 per sqft, 45% below what three-beds in Maeen were fetching at the time (AED 1,045). 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. V022's AED 189,000 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 →

V022, Maeen in numbers

  • Sold twice: first on 29 December 2008 for AED 2,669,888, last on 3 January 2013 for AED 1,550,000 (AED 577 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 189,000 a year.
  • At AED 189,000 a year the gross yield on the 2013 price is 12.2%, before a service charge of about AED 11,100 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 5 January 2013.

Questions about V022, Maeen

What did villa V022 last sell for?

AED 1,550,000 on 3 January 2013: AED 577 per sqft for 2,685 sqft. The villa has 2 registered sales; the first was AED 2,669,888 in December 2008.

What is the rent for villa V022?

AED 189,000 a year on the contract signed on 5 January 2013.

How big is villa V022?

2,685 sqft (249.4 sqm): a three-bedroom villa in Maeen, completed in 2005.

What is villa V022 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 V022, Maeen

Starts from the last sale price (AED 1.55M, 3 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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