5-bed · 3,817 sqftMaeen, The Lakes · completed 2005

V054, Maeen

Sold prices and rental history: sold 3 times, last in February 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V054 · DLD and Ejari recordsUpdated 4 February 2016
Last soldAED 5M4 February 2016
Current rentAED 319K /yr1 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V054, Maeen

What is V054 worth today?

Last sold for AED 4,995,000 in 2016

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4 Feb 2016SoldReady
AED 4,995,000AED 1,308 per sqft
1 Feb 2016RentedRenewal
AED 319,200/yr5 months · AED 84 per sqft
1 Feb 2015RentedNew contract
AED 320,000/yr12 months · AED 84 per sqft
3 Jul 2008Sold by developerReady
AED 2,297,500AED 601 per sqft
3 Jul 2008SoldReady
AED 3,919,888AED 1,026 per sqft

Source: Dubai Land Department. Updated 4 February 2016.

Key facts

Type
5-bed villa
Size
3,817 sqft
Developer
Emaar
Completed
2005
Service charge
AED 15,800 /yr
Last sold
AED 5M · February 2016
Community
Maeen

About V054, Maeen

V054 is a five-bedroom villa of 3,817 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 4 February 2016 for AED 4,995,000, or AED 1,308 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 1 February 2016, is AED 319,200 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 15,800 a year.

Sales and rents for V054 over time

Sales
Villa V054, 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 2008: AED 2,297,500 (AED 601 per sqft)Sold, July 2008: AED 3,919,888 (AED 1,026 per sqft)Sold, February 2016: AED 4,995,000 (AED 1,308 per sqft)

V054 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V054, 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 432,500New contract, February 2015: AED 320,000 a yearRenewal, February 2016: AED 319,200 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 V054 sits

All 33 5-beds →

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 →

V054, Maeen in numbers

  • Sold 3 times: first on 3 July 2008 for AED 3,919,888, last on 4 February 2016 for AED 4,995,000 (AED 1,308 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, from AED 320,000 to AED 319,200 a year.
  • At AED 319,200 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 15,800 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 4 February 2016.

Questions about V054, Maeen

What did villa V054 last sell for?

AED 4,995,000 on 4 February 2016: AED 1,308 per sqft for 3,817 sqft. The villa has 3 registered sales; the first was AED 3,919,888 in July 2008.

What is the rent for villa V054?

AED 319,200 a year on the contract renewed on 1 February 2016. The previous contract, from February 2015, was AED 320,000.

How big is villa V054?

3,817 sqft (354.6 sqm): a five-bedroom villa in Maeen, completed in 2005.

What is villa V054 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 V054, Maeen

Starts from the last sale price (AED 5M, 4 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,995,000
Deposit, UAE resident (20%)
AED 999,000
Deposit, non-resident (40%)
AED 1,998,000
Monthly over 25 years at 3.7%
AED 20,436

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