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3-bed · 3,049 sqftMaeen, The Lakes · completed 2005

V079, Maeen

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V079 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 3.85M6 July 2022
Current rentAED 160K /yr17 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V079, Maeen

What is V079 worth today?

Last sold for AED 3,850,000 in 2022

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6 Jul 2022SoldReady
AED 3,850,000AED 1,262 per sqft
17 Aug 2021RentedRenewal
AED 159,500/yr12 months · AED 52 per sqft
17 Aug 2020RentedRenewal
AED 145,000/yr12 months · AED 48 per sqft
17 Feb 2020RentedRenewal
AED 160,000/yr6 months · AED 52 per sqft
17 Feb 2018RentedNew contract
AED 182,000/yr12 months · AED 60 per sqft
16 Dec 2015RentedNew contract
AED 222,606/yr12 months · AED 73 per sqft
23 Apr 2015RentedNew contract
AED 225,000/yr12 months · AED 74 per sqft
23 Apr 2014RentedNew contract
AED 225,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
3-bed villa
Size
3,049 sqft
Developer
Emaar
Completed
2005
Service charge
AED 12,600 /yr
Last sold
AED 3.85M · July 2022
Community
Maeen

About V079, Maeen

V079 is a three-bedroom villa of 3,049 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 6 July 2022 for AED 3,850,000, or AED 1,262 per sqft, 5% below the AED 1,326 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 17 August 2021, is AED 159,500 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for V079 over time

Sales
Villa V079, each saleTypical three-bed in Maeen
2M4M6M2008201320182023Typical 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, August 2008: AED 2,766,337 (AED 907 per sqft)Sold, September 2008: AED 4,673,250 (AED 1,532 per sqft)Sold, July 2022: AED 3,850,000 (AED 1,262 per sqft)

V079 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V079, 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, March 2012: AED 180,000 a yearNew contract, March 2014: AED 240,000 a yearNew contract, April 2014: AED 225,000 a yearNew contract, April 2015: AED 225,000 a yearNew contract, December 2015: AED 222,606 a yearNew contract, February 2018: AED 182,000 a yearRenewal, February 2020: AED 160,000 a yearRenewal, August 2020: AED 145,000 a yearRenewal, August 2021: AED 159,500 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 V079 sits

All 181 3-beds →

V079 last sold in July 2022 at AED 1,262 per sqft, 5% below what three-beds in Maeen were fetching at the time (AED 1,326). 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. V079's AED 159,500 is at the bottom 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 →

V079, Maeen in numbers

  • Sold 3 times: first on 5 August 2008 for AED 2,766,337, last on 6 July 2022 for AED 3,850,000 (AED 1,262 per sqft).
  • Rented since March 2012 on 9 Ejari contracts, from AED 180,000 to AED 159,500 a year.
  • At AED 159,500 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 12,600 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 6 July 2022.

Questions about V079, Maeen

What did villa V079 last sell for?

AED 3,850,000 on 6 July 2022: AED 1,262 per sqft for 3,049 sqft. The villa has 3 registered sales; the first was AED 2,766,337 in August 2008.

What is the rent for villa V079?

AED 159,500 a year on the contract renewed on 17 August 2021. The previous contract, from August 2020, was AED 145,000; the villa has been rented since March 2012.

How big is villa V079?

3,049 sqft (283.3 sqm): a three-bedroom villa in Maeen, completed in 2005.

What is villa V079 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 V079, Maeen

Starts from the last sale price (AED 3.85M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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