3-bed · 2,761 sqftMaeen, The Lakes · completed 2005

V096, Maeen

Sold prices and rental history: sold 3 times, last in May 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V096 · DLD and Ejari recordsUpdated 15 August 2013
Last soldAED 3.45M16 May 2013
Current rentAED 164K /yr15 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V096, Maeen

What is V096 worth today?

Last sold for AED 3,450,000 in 2013

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15 Aug 2013RentedNew contract
AED 163,924/yr8 months · AED 59 per sqft
16 May 2013SoldReady
AED 3,450,000AED 1,249 per sqft
15 Aug 2012RentedNew contract
AED 165,000/yr12 months · AED 60 per sqft
28 May 2008Sold by developerReady
AED 2,589,697AED 938 per sqft
28 May 2008SoldReady
AED 3,310,000AED 1,198 per sqft

Source: Dubai Land Department. Updated 15 August 2013.

Key facts

Type
3-bed villa
Size
2,761 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,400 /yr
Last sold
AED 3.45M · May 2013
Community
Maeen

About V096, Maeen

V096 is a three-bedroom villa of 2,761 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 16 May 2013 for AED 3,450,000, or AED 1,249 per sqft, 12% above the AED 1,117 three-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 August 2013, is AED 163,924 a year: a gross yield of 4.8% on the 2013 price, before the service charge of about AED 11,400 a year.

Sales and rents for V096 over time

Sales
Villa V096, 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, May 2008: AED 2,589,697 (AED 938 per sqft)Sold, May 2008: AED 3,310,000 (AED 1,198 per sqft)Sold, May 2013: AED 3,450,000 (AED 1,249 per sqft)

V096 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V096, 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, August 2012: AED 165,000 a yearNew contract, August 2013: AED 163,924 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 V096 sits

All 181 3-beds →

V096 last sold in May 2013 at AED 1,249 per sqft, 12% above what three-beds in Maeen were fetching at the time (AED 1,117). 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. V096's AED 163,924 is in the lower half 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 →

V096, Maeen in numbers

  • Sold 3 times: first on 28 May 2008 for AED 3,310,000, last on 16 May 2013 for AED 3,450,000 (AED 1,249 per sqft).
  • Rented since August 2012 on 2 Ejari contracts, from AED 165,000 to AED 163,924 a year.
  • At AED 163,924 a year the gross yield on the 2013 price is 4.8%, before a service charge of about AED 11,400 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 15 August 2013.

Questions about V096, Maeen

What did villa V096 last sell for?

AED 3,450,000 on 16 May 2013: AED 1,249 per sqft for 2,761 sqft. The villa has 3 registered sales; the first was AED 3,310,000 in May 2008.

What is the rent for villa V096?

AED 163,924 a year on the contract signed on 15 August 2013. The previous contract, from August 2012, was AED 165,000.

How big is villa V096?

2,761 sqft (256.5 sqm): a three-bedroom villa in Maeen, completed in 2005.

What is villa V096 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 V096, Maeen

Starts from the last sale price (AED 3.45M, 16 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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