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

V07, Hattan 2

Sold prices and rental history: sold 4 times, last in February 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V07 · DLD and Ejari recordsUpdated 4 February 2022
Last soldAED 12.25M4 February 2022
Current rentAED 360K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V07, Hattan 2

What is V07 worth today?

Last sold for AED 12,252,000 in 2022

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4 Feb 2022SoldReady
AED 12,252,000AED 1,963 per sqft
8 Apr 2021SoldReady
AED 5,500,000AED 881 per sqft
1 Jun 2020RentedNew contract
AED 360,000/yr12 months · AED 58 per sqft
2 Jan 2018RentedRenewal
AED 300,000/yr36 months · AED 48 per sqft
2 Jan 2015RentedRenewal
AED 300,000/yr36 months · AED 48 per sqft
1 Jan 2012RentedNew contract
AED 300,000/yr36 months · AED 48 per sqft
21 Jul 2009Sold by developerReady
AED 7,000,000AED 1,121 per sqft
21 Jul 2009SoldReady
AED 6,600,000AED 1,057 per sqft

Source: Dubai Land Department. Updated 4 February 2022.

Key facts

Type
4-bed villa
Size
6,239 sqft
Developer
Emaar
Completed
2009
Service charge
AED 25,800 /yr
Last sold
AED 12.25M · February 2022
Community
Hattan 2

About V07, Hattan 2

V07 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 4 February 2022 for AED 12,252,000, or AED 1,963 per sqft, 29% above the AED 1,522 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 June 2020, is AED 360,000 a year: a gross yield of 2.9% on the 2022 price, before the service charge of about AED 25,800 a year.

Sales and rents for V07 over time

Sales
Villa V07, 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, July 2009: AED 7,000,000 (AED 1,121 per sqft)Sold, July 2009: AED 6,600,000 (AED 1,057 per sqft)Sold, April 2021: AED 5,500,000 (AED 881 per sqft)Sold, February 2022: AED 12,252,000 (AED 1,963 per sqft)

V07 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V07, 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, January 2012: AED 300,000 a yearRenewal, January 2015: AED 300,000 a yearRenewal, January 2018: AED 300,000 a yearNew contract, June 2020: AED 360,000 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 V07 sits

All 45 4-beds →

V07 last sold in February 2022 at AED 1,963 per sqft, 29% above what four-beds in Hattan 2 were fetching at the time (AED 1,522). V07's AED 360,000 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 →

V07, Hattan 2 in numbers

  • Sold 4 times: first on 21 July 2009 for AED 6,600,000, last on 4 February 2022 for AED 12,252,000 (AED 1,963 per sqft).
  • Rented since January 2012 on 4 Ejari contracts, from AED 300,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2022 price is 2.9%, before a service charge of about AED 25,800 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 4 February 2022.

Questions about V07, Hattan 2

What did villa V07 last sell for?

AED 12,252,000 on 4 February 2022: AED 1,963 per sqft for 6,239 sqft. The villa has 4 registered sales; the first was AED 6,600,000 in July 2009.

What is the rent for villa V07?

AED 360,000 a year on the contract signed on 1 June 2020. The previous contract, from January 2018, was AED 300,000; the villa has been rented since January 2012.

How big is villa V07?

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

What is villa V07 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 V07, Hattan 2

Starts from the last sale price (AED 12.25M, 4 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 12,252,000
Deposit, UAE resident (20%)
AED 2,450,400
Deposit, non-resident (40%)
AED 4,900,800
Monthly over 25 years at 3.7%
AED 50,127

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