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4-bed · 6,239 sqftHattan 2, The Lakes · completed 2009

V04, Hattan 2

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V04 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 9M22 March 2021
Current rentAED 345K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V04, Hattan 2

What is V04 worth today?

Last sold for AED 9,000,000 in 2021

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1 Apr 2024RentedRenewal
AED 345,000/yr36 months · AED 55 per sqft
1 Apr 2021RentedNew contract
AED 345,000/yr36 months · AED 55 per sqft
22 Mar 2021SoldReady
AED 9,000,000AED 1,442 per sqft
1 Aug 2020RentedRenewal
AED 345,000/yr12 months · AED 55 per sqft
1 Aug 2019RentedRenewal
AED 365,000/yr12 months · AED 59 per sqft
1 Aug 2018RentedRenewal
AED 410,000/yr12 months · AED 66 per sqft
15 Jul 2016RentedNew contract
AED 470,000/yr12 months · AED 75 per sqft
12 Jan 2015RentedNew contract
AED 470,000/yr12 months · AED 75 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 9M · March 2021
Community
Hattan 2

About V04, Hattan 2

V04 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 22 March 2021 for AED 9,000,000, or AED 1,442 per sqft, 19% above the AED 1,211 four-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 345,000 a year: a gross yield of 3.8% on the 2021 price, before the service charge of about AED 25,800 a year.

Sales and rents for V04 over time

Sales
Villa V04, 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, December 2007: AED 1,526,444 (AED 244 per sqft)Sold, March 2021: AED 9,000,000 (AED 1,442 per sqft)

V04 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V04, each contractTypical four-bed in Hattan 2
500K1M20112015201920232027Typical 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, November 2011: AED 355,000 a yearNew contract, August 2013: AED 485,000 a yearNew contract, January 2015: AED 470,000 a yearNew contract, July 2016: AED 470,000 a yearRenewal, August 2018: AED 410,000 a yearRenewal, August 2019: AED 365,000 a yearRenewal, August 2020: AED 345,000 a yearNew contract, April 2021: AED 345,000 a yearRenewal, April 2024: AED 345,000 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 V04 sits

All 45 4-beds →

V04 last sold in March 2021 at AED 1,442 per sqft, 19% above what four-beds in Hattan 2 were fetching at the time (AED 1,211). V04's AED 345,000 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 →

V04, Hattan 2 in numbers

  • Sold twice: first on 12 December 2007 for AED 1,526,444, last on 22 March 2021 for AED 9,000,000 (AED 1,442 per sqft).
  • Rented since November 2011 on 9 Ejari contracts, from AED 355,000 to AED 345,000 a year.
  • At AED 345,000 a year the gross yield on the 2021 price is 3.8%, 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 V04, Hattan 2

What did villa V04 last sell for?

AED 9,000,000 on 22 March 2021: AED 1,442 per sqft for 6,239 sqft. The villa has 2 registered sales; the first was AED 1,526,444 in December 2007.

What is the rent for villa V04?

AED 345,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2021, was AED 345,000; the villa has been rented since November 2011.

How big is villa V04?

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

What is villa V04 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 V04, Hattan 2

Starts from the last sale price (AED 9M, 22 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

Plus AED 383,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →