Home
Dubai prices
About
Research
3-bed · 2,555 sqftMaeen, The Lakes · completed 2005

V234, Maeen

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V234 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.3M29 November 2020
Current rentAED 300K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V234

Property timeline for V234, Maeen

What is V234 worth today?

Last sold for AED 2,300,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2024RentedRenewal
AED 300,000/yr12 months · AED 117 per sqft
15 Jul 2023RentedNew contract
AED 300,000/yr12 months · AED 117 per sqft
29 Nov 2020SoldReady
AED 2,300,000AED 900 per sqft
1 Sep 2019RentedRenewal
AED 155,000/yr12 months · AED 61 per sqft
1 Sep 2018RentedRenewal
AED 155,000/yr12 months · AED 61 per sqft
1 Sep 2017RentedNew contract
AED 180,000/yr12 months · AED 70 per sqft
28 Jan 2017RentedNew contract
AED 185,000/yr12 months · AED 72 per sqft
26 Aug 2016RentedNew contract
AED 178,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed villa
Size
2,555 sqft
Developer
Emaar
Completed
2005
Service charge
AED 10,600 /yr
Last sold
AED 2.3M · November 2020
Community
Maeen

About V234, Maeen

V234 is a three-bedroom villa of 2,555 sqft in Maeen, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 29 November 2020 for AED 2,300,000, or AED 900 per sqft, 3% above the AED 870 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 300,000 a year: a gross yield of 13.0% on the 2020 price, before the service charge of about AED 10,600 a year.

Sales and rents for V234 over time

Sales
Villa V234, 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 2009: AED 2,408,401 (AED 942 per sqft)Sold, November 2020: AED 2,300,000 (AED 900 per sqft)

V234 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V234, 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 190,000 a yearRenewal, March 2013: AED 190,000 a yearNew contract, July 2014: AED 215,000 a yearNew contract, August 2016: AED 178,000 a yearNew contract, January 2017: AED 185,000 a yearNew contract, September 2017: AED 180,000 a yearRenewal, September 2018: AED 155,000 a yearRenewal, September 2019: AED 155,000 a yearNew contract, July 2023: AED 300,000 a yearRenewal, July 2024: AED 300,000 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 V234 sits

All 181 3-beds →

V234 last sold in November 2020 at AED 900 per sqft, 3% above what three-beds in Maeen were fetching at the time (AED 870). 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. V234's AED 300,000 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 →

V234, Maeen in numbers

  • Sold twice: first on 26 May 2009 for AED 2,408,401, last on 29 November 2020 for AED 2,300,000 (AED 900 per sqft).
  • Rented since March 2012 on 10 Ejari contracts. The rent fell from AED 190,000 to AED 155,000 in 2019 and recovered to AED 300,000 by July 2024.
  • At AED 300,000 a year the gross yield on the 2020 price is 13.0%, before a service charge of about AED 10,600 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 15 July 2024.

Questions about V234, Maeen

What did villa V234 last sell for?

AED 2,300,000 on 29 November 2020: AED 900 per sqft for 2,555 sqft. The villa has 2 registered sales; the first was AED 2,408,401 in May 2009.

What is the rent for villa V234?

AED 300,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 300,000; the villa has been rented since March 2012.

How big is villa V234?

2,555 sqft (237.4 sqm): a three-bedroom villa in Maeen, completed in 2005.

What is villa V234 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.

Selling V234? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V234, Maeen

Starts from the last sale price (AED 2.3M, 29 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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