3-bed · 3,040 sqftMaeen, The Lakes · completed 2005

V194, Maeen

Sold prices and rental history: sold twice, last in August 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V194 · DLD and Ejari recordsUpdated 30 August 2018
Last soldAED 3.25M30 August 2018
Current rentAED 235K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V194, Maeen

What is V194 worth today?

Last sold for AED 3,250,000 in 2018

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30 Aug 2018SoldReady
AED 3,250,000AED 1,069 per sqft
1 Apr 2017RentedRenewal
AED 235,000/yr12 months · AED 77 per sqft
1 Apr 2016RentedRenewal
AED 235,000/yr12 months · AED 77 per sqft
1 Apr 2015RentedNew contract
AED 235,000/yr12 months · AED 77 per sqft
31 May 2010Sold by developerReady
AED 3,100,000AED 1,019 per sqft

Source: Dubai Land Department. Updated 30 August 2018.

Key facts

Type
3-bed villa
Size
3,040 sqft
Developer
Emaar
Completed
2005
Service charge
AED 12,600 /yr
Last sold
AED 3.25M · August 2018
Community
Maeen

About V194, Maeen

V194 is a three-bedroom villa of 3,040 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 30 August 2018 for AED 3,250,000, or AED 1,069 per sqft, 7% below the AED 1,147 three-beds in the community were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 April 2017, is AED 235,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for V194 over time

Sales
Villa V194, 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 2010: AED 3,100,000 (AED 1,019 per sqft)Sold, August 2018: AED 3,250,000 (AED 1,069 per sqft)

V194 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V194, 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, April 2015: AED 235,000 a yearRenewal, April 2016: AED 235,000 a yearRenewal, April 2017: AED 235,000 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 V194 sits

All 181 3-beds →

V194 last sold in August 2018 at AED 1,069 per sqft, 7% below what three-beds in Maeen were fetching at the time (AED 1,147). 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. V194's AED 235,000 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 →

V194, Maeen in numbers

  • Sold twice: first on 31 May 2010 for AED 3,100,000, last on 30 August 2018 for AED 3,250,000 (AED 1,069 per sqft).
  • Rented since April 2015 on 3 Ejari contracts, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2018 price is 7.2%, 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 30 August 2018.

Questions about V194, Maeen

What did villa V194 last sell for?

AED 3,250,000 on 30 August 2018: AED 1,069 per sqft for 3,040 sqft. The villa has 2 registered sales; the first was AED 3,100,000 in May 2010.

What is the rent for villa V194?

AED 235,000 a year on the contract renewed on 1 April 2017. The previous contract, from April 2016, was AED 235,000; the villa has been rented since April 2015.

How big is villa V194?

3,040 sqft (282.4 sqm): a three-bedroom villa in Maeen, completed in 2005.

What is villa V194 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 V194, Maeen

Starts from the last sale price (AED 3.25M, 30 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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