Home
Dubai prices
About
Research
4-bed · 6,239 sqftHattan 2, The Lakes · completed 2009

V02, Hattan 2

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V02 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 17.5M31 August 2023
Current rentAED 520K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V02

Property timeline for V02, Hattan 2

What is V02 worth today?

Last sold for AED 17,500,000 in 2023

Unlock today's estimate, updated daily, with

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

1 Apr 2024RentedRenewal
AED 520,000/yr9 months · AED 83 per sqft
31 Aug 2023SoldReady
AED 17,500,000AED 2,804 per sqft
31 Mar 2022RentedRenewal
AED 500,000/yr24 months · AED 80 per sqft
31 Mar 2021RentedRenewal
AED 405,000/yr12 months · AED 65 per sqft
31 Mar 2020RentedRenewal
AED 405,000/yr12 months · AED 65 per sqft
1 Dec 2014RentedNew contract
AED 460,000/yr12 months · AED 74 per sqft
30 Jan 2014SoldReady
AED 12,500,000AED 2,003 per sqft
30 Oct 2008Sold by developerReady
AED 3,205,888AED 513 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
4-bed villa
Size
6,239 sqft
Developer
Emaar
Completed
2009
Service charge
AED 25,800 /yr
Last sold
AED 17.5M · August 2023
Community
Hattan 2

About V02, Hattan 2

V02 is a four-bedroom villa of 6,239 sqft in Hattan 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 31 August 2023 for AED 17,500,000, or AED 2,804 per sqft, in line with the AED 2,736 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 520,000 a year: a gross yield of 3.0% on the 2023 price, before the service charge of about AED 25,800 a year.

Sales and rents for V02 over time

Sales
Villa V02, each saleTypical four-bed in Hattan 2
010M20M2006201120162021Typical sale price by year: 2006 AED 3,048,888; 2007 AED 2,887,500; 2008 AED 5,049,998; 2009 AED 6,600,000; 2010 AED 7,211,540; 2011 AED 7,350,000; 2013 AED 9,550,000; 2014 AED 12,350,000; 2015 AED 11,500,000; 2019 AED 5,725,000; 2020 AED 7,196,657; 2021 AED 9,000,000; 2022 AED 17,000,000; 2023 AED 18,750,000; 2024 AED 19,125,000Sold by developer, October 2008: AED 3,205,888 (AED 513 per sqft)Sold, January 2014: AED 12,500,000 (AED 2,003 per sqft)Sold, August 2023: AED 17,500,000 (AED 2,804 per sqft)

V02 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V02, each contractTypical four-bed in Hattan 2
500K1M2012201620202024Typical rent by year: 2012 AED 430,000; 2013 AED 535,000; 2014 AED 460,000; 2015 AED 442,500; 2016 AED 455,000; 2017 AED 427,500; 2018 AED 410,000; 2019 AED 390,000; 2020 AED 400,000; 2021 AED 424,500; 2022 AED 521,500; 2023 AED 535,500; 2024 AED 775,000; 2025 AED 852,500; 2026 AED 1,000,000New contract, December 2014: AED 460,000 a yearRenewal, March 2020: AED 405,000 a yearRenewal, March 2021: AED 405,000 a yearRenewal, March 2022: AED 500,000 a yearRenewal, April 2024: AED 520,000 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 Hattan 2, and where V02 sits

All 45 4-beds →

V02 last sold in August 2023 at AED 2,804 per sqft, in line with what four-beds in Hattan 2 were fetching at the time (AED 2,736). V02's AED 520,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
1 May 202531,150,000
30 Sep 202424,750,000
21 Aug 202417,250,000
19 Jul 202422,500,000
0 4-bed sales in the last 12 months

Hattan 2

Community

77 villas, 4-bed to 5-bed in The Lakes, completed in 2009 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 5,026
Typical sale
AED 38.5M
Typical rent
AED 925K /yr
Typical yield
2.5%
Hattan 2, The Lakes: prices, sales and rents →

V02, Hattan 2 in numbers

  • Sold 3 times: first on 30 October 2008 for AED 3,205,888, last on 31 August 2023 for AED 17,500,000 (AED 2,804 per sqft).
  • Rented since December 2014 on 5 Ejari contracts. The rent fell from AED 460,000 to AED 405,000 in 2021 and recovered to AED 520,000 by April 2024.
  • At AED 520,000 a year the gross yield on the 2023 price is 3.0%, before a service charge of about AED 25,800 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 1 April 2024.

Questions about V02, Hattan 2

What did villa V02 last sell for?

AED 17,500,000 on 31 August 2023: AED 2,804 per sqft for 6,239 sqft. The villa has 3 registered sales; the first was AED 3,205,888 in October 2008.

What is the rent for villa V02?

AED 520,000 a year on the contract renewed on 1 April 2024. The previous contract, from March 2022, was AED 500,000; the villa has been rented since December 2014.

How big is villa V02?

6,239 sqft (579.6 sqm): a four-bedroom villa in Hattan 2, completed in 2009.

What is villa V02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V02? 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 V02, Hattan 2

Starts from the last sale price (AED 17.5M, 31 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 17,500,000
Deposit, UAE resident (20%)
AED 3,500,000
Deposit, non-resident (40%)
AED 7,000,000
Monthly over 25 years at 3.7%
AED 71,598

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