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5-bed · 4,125 sqftMaeen, The Lakes · completed 2005

V042, Maeen

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V042 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 6.03M25 November 2022
Current rentAED 269K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V042, Maeen

What is V042 worth today?

Last sold for AED 6,025,000 in 2022

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25 Nov 2022SoldReady
AED 6,025,000AED 1,460 per sqft
1 Jul 2022RentedNew contract
AED 269,115/yr12 months · AED 65 per sqft
1 Jul 2021RentedRenewal
AED 256,300/yr12 months · AED 62 per sqft
1 Jul 2020RentedNew contract
AED 233,000/yr12 months · AED 56 per sqft
28 Dec 2019RentedRenewal
AED 290,000/yr6 months · AED 70 per sqft
28 Dec 2018RentedNew contract
AED 290,000/yr12 months · AED 70 per sqft
20 Dec 2018RentedRenewal
AED 290,000/yr12 months · AED 70 per sqft
15 Nov 2016RentedNew contract
AED 307,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
5-bed villa
Size
4,125 sqft
Developer
Emaar
Completed
2005
Service charge
AED 17,100 /yr
Last sold
AED 6.03M · November 2022
Community
Maeen

About V042, Maeen

V042 is a five-bedroom villa of 4,125 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 25 November 2022 for AED 6,025,000, or AED 1,460 per sqft, 5% below the AED 1,539 five-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 July 2022, is AED 269,115 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 17,100 a year.

Sales and rents for V042 over time

Sales
Villa V042, each saleTypical five-bed in Maeen
5M10M2008201320182023Typical sale price by year: 2008 AED 3,929,888; 2009 AED 2,116,444; 2010 AED 3,897,388; 2011 AED 3,941,444; 2012 AED 4,464,944; 2013 AED 6,500,000; 2015 AED 6,000,000; 2016 AED 5,100,000; 2021 AED 6,500,000; 2022 AED 6,325,000; 2023 AED 7,675,000; 2024 AED 9,950,000Sold by developer, July 2010: AED 3,882,888 (AED 941 per sqft)Sold, November 2022: AED 6,025,000 (AED 1,460 per sqft)

V042 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V042, each contractTypical five-bed in Maeen
200K300K400K2012201620202024Typical rent by year: 2012 AED 267,500; 2013 AED 270,000; 2014 AED 280,000; 2015 AED 291,500; 2016 AED 310,000; 2017 AED 300,000; 2018 AED 277,521; 2019 AED 260,000; 2020 AED 234,000; 2021 AED 246,250; 2022 AED 270,000; 2023 AED 339,000; 2024 AED 400,000; 2025 AED 432,500Renewal, July 2015: AED 330,000 a yearNew contract, November 2016: AED 307,000 a yearNew contract, December 2018: AED 290,000 a yearRenewal, December 2018: AED 290,000 a yearRenewal, December 2019: AED 290,000 a yearNew contract, July 2020: AED 233,000 a yearRenewal, July 2021: AED 256,300 a yearNew contract, July 2022: AED 269,115 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 Maeen, and where V042 sits

All 33 5-beds →

V042 last sold in November 2022 at AED 1,460 per sqft, 5% below what five-beds in Maeen were fetching at the time (AED 1,539). Over the last 12 months five-beds sold for AED 23,000,000, around AED 5,575 per sqft, and rent for AED 415,000 to 415,000 a year.

Recent 5-bed salesVilla no.Price (AED)Summary
12 Feb 202623,000,000
17 Jul 202413,500,000
15 Feb 20249,400,000
2 Feb 202410,500,000
1 5-bed sale 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 →

V042, Maeen in numbers

  • Sold twice: first on 7 July 2010 for AED 3,882,888, last on 25 November 2022 for AED 6,025,000 (AED 1,460 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 330,000 to AED 233,000 in 2020 and recovered to AED 269,115 by July 2022.
  • At AED 269,115 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 17,100 a year (AED 4.14 per sqft).
  • Five-beds in Maeen sold for AED 23,000,000–23,000,000 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 25 November 2022.

Questions about V042, Maeen

What did villa V042 last sell for?

AED 6,025,000 on 25 November 2022: AED 1,460 per sqft for 4,125 sqft. The villa has 2 registered sales; the first was AED 3,882,888 in July 2010.

What is the rent for villa V042?

AED 269,115 a year on the contract signed on 1 July 2022. The previous contract, from July 2021, was AED 256,300; the villa has been rented since July 2015.

How big is villa V042?

4,125 sqft (383.2 sqm): a five-bedroom villa in Maeen, completed in 2005.

What is villa V042 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Maeen sold for AED 23,000,000 to 23,000,000 in the last 12 months, around AED 5,575 per sqft.

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Mortgage on V042, Maeen

Starts from the last sale price (AED 6.03M, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,025,000
Deposit, UAE resident (20%)
AED 1,205,000
Deposit, non-resident (40%)
AED 2,410,000
Monthly over 25 years at 3.7%
AED 24,650

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