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4-bed · 3,542 sqftMaeen, The Lakes · completed 2005

V053, Maeen

Sold prices and rental history: sold 3 times, last in April 2016, and rented once, from July 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V053 · DLD and Ejari recordsUpdated 25 April 2016
Last soldAED 4.6M25 April 2016
Current rentAED 330K /yr1 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V053, Maeen

What is V053 worth today?

Last sold for AED 4,600,000 in 2016

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25 Apr 2016SoldReady
AED 4,600,000AED 1,298 per sqft
1 Jul 2014RentedNew contract
AED 330,000/yr24 months · AED 93 per sqft
26 Jul 2010SoldReady
AED 3,600,000AED 1,016 per sqft
24 May 2009Sold by developerReady
AED 3,412,888AED 963 per sqft

Source: Dubai Land Department. Updated 25 April 2016.

Key facts

Type
4-bed villa
Size
3,542 sqft
Developer
Emaar
Completed
2005
Service charge
AED 14,700 /yr
Last sold
AED 4.6M · April 2016
Community
Maeen

About V053, Maeen

V053 is a four-bedroom villa of 3,542 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 25 April 2016 for AED 4,600,000, or AED 1,298 per sqft, 18% below the AED 1,581 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 July 2014. The current contract, signed on 1 July 2014, is AED 330,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for V053 over time

Sales
Villa V053, each saleTypical four-bed in Maeen
4M6M20082012201620202024Typical sale price by year: 2008 AED 3,412,888; 2009 AED 3,412,888; 2010 AED 3,473,888; 2011 AED 3,741,888; 2012 AED 4,400,000; 2013 AED 5,000,000; 2015 AED 5,600,000; 2021 AED 4,900,000; 2022 AED 5,600,000; 2023 AED 6,500,000Sold by developer, May 2009: AED 3,412,888 (AED 963 per sqft)Sold, July 2010: AED 3,600,000 (AED 1,016 per sqft)Sold, April 2016: AED 4,600,000 (AED 1,298 per sqft)

V053 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V053, each contractTypical four-bed in Maeen
200K400K2012201620202024Typical rent by year: 2012 AED 265,000; 2013 AED 272,000; 2014 AED 300,000; 2015 AED 307,500; 2016 AED 297,500; 2017 AED 280,000; 2018 AED 237,500; 2019 AED 240,000; 2020 AED 220,000; 2021 AED 240,000; 2022 AED 231,000; 2023 AED 303,000; 2024 AED 370,000; 2025 AED 446,250New contract, July 2014: AED 330,000 a year

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

4-beds in Maeen, and where V053 sits

All 30 4-beds →

V053 last sold in April 2016 at AED 1,298 per sqft, 18% below what four-beds in Maeen were fetching at the time (AED 1,581).

Recent 4-bed salesVilla no.Price (AED)Summary
4 Jun 202512,300,000
5 Jul 202410,000,000
23 Jan 20247,800,000
31 Jul 20239,250,000
0 4-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 →

V053, Maeen in numbers

  • Sold 3 times: first on 24 May 2009 for AED 3,412,888, last on 25 April 2016 for AED 4,600,000 (AED 1,298 per sqft).
  • Rented since July 2014 on one Ejari contract, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 14,700 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 25 April 2016.

Questions about V053, Maeen

What did villa V053 last sell for?

AED 4,600,000 on 25 April 2016: AED 1,298 per sqft for 3,542 sqft. The villa has 3 registered sales; the first was AED 3,412,888 in May 2009.

What is the rent for villa V053?

AED 330,000 a year on the contract signed on 1 July 2014.

How big is villa V053?

3,542 sqft (329.1 sqm): a four-bedroom villa in Maeen, completed in 2005.

What is villa V053 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 V053, Maeen

Starts from the last sale price (AED 4.6M, 25 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →