4-bed · 4,138 sqftMaeen, The Lakes · completed 2005

V119, Maeen

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V119 · DLD and Ejari recordsUpdated 15 September 2021
Last soldAED 4.9M15 September 2021
Current rentAED 175K /yr18 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V119, Maeen

What is V119 worth today?

Last sold for AED 4,900,000 in 2021

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15 Sep 2021SoldReady
AED 4,900,000AED 1,184 per sqft
18 Jun 2021RentedRenewal
AED 175,000/yr12 months · AED 42 per sqft
18 Jun 2020RentedRenewal
AED 175,000/yr12 months · AED 42 per sqft
18 Jun 2019RentedRenewal
AED 210,000/yr12 months · AED 51 per sqft
18 Jun 2018RentedNew contract
AED 220,000/yr12 months · AED 53 per sqft
1 Sep 2017RentedRenewal
AED 251,039/yr12 months · AED 61 per sqft
1 Sep 2014RentedNew contract
AED 207,000/yr12 months · AED 50 per sqft
17 Aug 2009Sold by developerReady
AED 4,621,888AED 1,116 per sqft

Source: Dubai Land Department. Updated 15 September 2021.

Key facts

Type
4-bed villa
Size
4,138 sqft
Developer
Emaar
Completed
2005
Service charge
AED 17,100 /yr
Last sold
AED 4.9M · September 2021
Community
Maeen

About V119, Maeen

V119 is a four-bedroom villa of 4,138 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 15 September 2021 for AED 4,900,000, or AED 1,184 per sqft, 4% above the AED 1,136 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 18 June 2021, is AED 175,000 a year: a gross yield of 3.6% on the 2021 price, before the service charge of about AED 17,100 a year.

Sales and rents for V119 over time

Sales
Villa V119, 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, August 2009: AED 4,621,888 (AED 1,116 per sqft)Sold, September 2021: AED 4,900,000 (AED 1,184 per sqft)

V119 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V119, 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, September 2014: AED 207,000 a yearRenewal, September 2017: AED 251,039 a yearNew contract, June 2018: AED 220,000 a yearRenewal, June 2019: AED 210,000 a yearRenewal, June 2020: AED 175,000 a yearRenewal, June 2021: AED 175,000 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 V119 sits

All 30 4-beds →

V119 last sold in September 2021 at AED 1,184 per sqft, 4% above what four-beds in Maeen were fetching at the time (AED 1,136).

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 →

V119, Maeen in numbers

  • Sold twice: first on 17 August 2009 for AED 4,621,888, last on 15 September 2021 for AED 4,900,000 (AED 1,184 per sqft).
  • Rented since September 2014 on 6 Ejari contracts, from AED 207,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2021 price is 3.6%, before a service charge of about AED 17,100 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 15 September 2021.

Questions about V119, Maeen

What did villa V119 last sell for?

AED 4,900,000 on 15 September 2021: AED 1,184 per sqft for 4,138 sqft. The villa has 2 registered sales; the first was AED 4,621,888 in August 2009.

What is the rent for villa V119?

AED 175,000 a year on the contract renewed on 18 June 2021. The previous contract, from June 2020, was AED 175,000; the villa has been rented since September 2014.

How big is villa V119?

4,138 sqft (384.4 sqm): a four-bedroom villa in Maeen, completed in 2005.

What is villa V119 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 V119, Maeen

Starts from the last sale price (AED 4.9M, 15 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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