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

V023, Maeen

Sold prices and rental history: sold twice, last in October 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V023 · DLD and Ejari recordsUpdated 7 October 2020
Last soldAED 1.18M7 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V023, Maeen

What is V023 worth today?

Last sold for AED 1,175,000 in 2020

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7 Oct 2020SoldReady
AED 1,175,000AED 437 per sqft
24 Jun 2009Sold by developerReady
AED 2,621,888AED 976 per sqft

Source: Dubai Land Department. Updated 7 October 2020.

Key facts

Type
3-bed villa
Size
2,685 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,100 /yr
Last sold
AED 1.18M · October 2020
Community
Maeen

About V023, Maeen

V023 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 7 October 2020 for AED 1,175,000, or AED 437 per sqft, 50% below the AED 876 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V023 over time

Sales
Villa V023, 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, June 2009: AED 2,621,888 (AED 976 per sqft)Sold, October 2020: AED 1,175,000 (AED 437 per sqft)

V023 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V023, 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 307,500

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 V023 sits

All 181 3-beds →

V023 last sold in October 2020 at AED 437 per sqft, 50% below what three-beds in Maeen were fetching at the time (AED 876). 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.

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 →

V023, Maeen in numbers

  • Sold twice: first on 24 June 2009 for AED 2,621,888, last on 7 October 2020 for AED 1,175,000 (AED 437 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 7 October 2020.

Questions about V023, Maeen

What did villa V023 last sell for?

AED 1,175,000 on 7 October 2020: AED 437 per sqft for 2,685 sqft. The villa has 2 registered sales; the first was AED 2,621,888 in June 2009.

How big is villa V023?

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

What is villa V023 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 V023, Maeen

Starts from the last sale price (AED 1.18M, 7 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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