3-bed · 2,696 sqftMaeen, The Lakes · completed 2005

V199, Maeen

Sold prices and rental history: sold 4 times, last in December 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V199 · DLD and Ejari recordsUpdated 10 December 2017
Last soldAED 3.23M10 December 2017
Current rentAED 190K /yr1 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V199, Maeen

What is V199 worth today?

Last sold for AED 3,225,000 in 2017

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10 Dec 2017SoldReady
AED 3,225,000AED 1,196 per sqft
1 Dec 2016RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
24 Oct 2015RentedRenewal
AED 220,000/yr12 months · AED 82 per sqft
17 Oct 2011SoldReady
AED 2,600,000AED 964 per sqft
10 Aug 2009SoldReady
AED 2,650,000AED 983 per sqft
27 Aug 2008Sold by developerReady
AED 3,082,888AED 1,143 per sqft

Source: Dubai Land Department. Updated 10 December 2017.

Key facts

Type
3-bed villa
Size
2,696 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,200 /yr
Last sold
AED 3.23M · December 2017
Community
Maeen

About V199, Maeen

V199 is a three-bedroom villa of 2,696 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 10 December 2017 for AED 3,225,000, or AED 1,196 per sqft, in line with the AED 1,220 three-beds in the community were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 December 2016, is AED 190,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 11,200 a year.

Sales and rents for V199 over time

Sales
Villa V199, 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 3,082,888 (AED 1,143 per sqft)Sold, August 2009: AED 2,650,000 (AED 983 per sqft)Sold, October 2011: AED 2,600,000 (AED 964 per sqft)Sold, December 2017: AED 3,225,000 (AED 1,196 per sqft)

V199 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V199, 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 307,500Renewal, October 2015: AED 220,000 a yearNew contract, December 2016: AED 190,000 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 V199 sits

All 181 3-beds →

V199 last sold in December 2017 at AED 1,196 per sqft, in line with what three-beds in Maeen were fetching at the time (AED 1,220). 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. V199's AED 190,000 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 →

V199, Maeen in numbers

  • Sold 4 times: first on 27 August 2008 for AED 3,082,888, last on 10 December 2017 for AED 3,225,000 (AED 1,196 per sqft).
  • Rented since October 2015 on 2 Ejari contracts, from AED 220,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 11,200 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 10 December 2017.

Questions about V199, Maeen

What did villa V199 last sell for?

AED 3,225,000 on 10 December 2017: AED 1,196 per sqft for 2,696 sqft. The villa has 4 registered sales; the first was AED 3,082,888 in August 2008.

What is the rent for villa V199?

AED 190,000 a year on the contract signed on 1 December 2016. The previous contract, from October 2015, was AED 220,000.

How big is villa V199?

2,696 sqft (250.5 sqm): a three-bedroom villa in Maeen, completed in 2005.

What is villa V199 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 V199, Maeen

Starts from the last sale price (AED 3.23M, 10 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,225,000
Deposit, UAE resident (20%)
AED 645,000
Deposit, non-resident (40%)
AED 1,290,000
Monthly over 25 years at 3.7%
AED 13,194

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