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

V12, Hattan 2

Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V12 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 12.25M1 September 2021
Current rentAED 50K /yr12 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V12, Hattan 2

What is V12 worth today?

Last sold for AED 12,250,000 in 2021

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12 Nov 2024RentedNew contract · flagged as an outlier
AED 49,862/yr12 months · AED 8 per sqft
15 Oct 2023RentedRenewal
AED 650,000/yr12 months · AED 104 per sqft
15 Oct 2022RentedRenewal
AED 650,000/yr12 months · AED 104 per sqft
15 Oct 2021RentedNew contract
AED 650,000/yr12 months · AED 104 per sqft
1 Sep 2021Sold by developerReady
AED 12,250,000AED 1,963 per sqft
1 Sep 2020RentedRenewal
AED 400,000/yr10 months · AED 64 per sqft
1 Sep 2018RentedNew contract
AED 400,000/yr24 months · AED 64 per sqft
15 Mar 2014RentedNew contract
AED 536,312/yr14 months · AED 86 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

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 · September 2021
Community
Hattan 2

About V12, Hattan 2

V12 is a four-bedroom villa of 6,239 sqft in Hattan 2, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 1 September 2021 for AED 12,250,000, or AED 1,963 per sqft, 39% above the AED 1,410 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 12 November 2024, is AED 49,862 a year: a gross yield of 0.4% on the 2021 price, before the service charge of about AED 25,800 a year.

Sales and rents for V12 over time

Sales
Villa V12, 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, September 2021: AED 12,250,000 (AED 1,963 per sqft)

V12 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V12, 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, March 2013: AED 535,000 a yearNew contract, March 2014: AED 536,312 a yearNew contract, September 2018: AED 400,000 a yearRenewal, September 2020: AED 400,000 a yearNew contract, October 2021: AED 650,000 a yearRenewal, October 2022: AED 650,000 a yearRenewal, October 2023: AED 650,000 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 V12 sits

All 45 4-beds →

V12 last sold in September 2021 at AED 1,963 per sqft, 39% above what four-beds in Hattan 2 were fetching at the time (AED 1,410). V12's AED 49,862 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 →

V12, Hattan 2 in numbers

  • Sold once: by Emaar on 1 September 2021 for AED 12,250,000, or AED 1,963 per sqft.
  • Rented since March 2013 on 8 Ejari contracts, from AED 535,000 to AED 49,862 a year.
  • At AED 49,862 a year the gross yield on the 2021 price is 0.4%, before a service charge of about AED 25,800 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 12 November 2024.

Questions about V12, Hattan 2

What did villa V12 last sell for?

AED 12,250,000 on 1 September 2021, sold by the developer: AED 1,963 per sqft for 6,239 sqft. It is the only registered sale of the villa.

What is the rent for villa V12?

AED 49,862 a year on the contract signed on 12 November 2024. The previous contract, from October 2023, was AED 650,000; the villa has been rented since March 2013.

How big is villa V12?

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

What is villa V12 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 V12, Hattan 2

Starts from the last sale price (AED 12.25M, 1 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 12,250,000
Deposit, UAE resident (20%)
AED 2,450,000
Deposit, non-resident (40%)
AED 4,900,000
Monthly over 25 years at 3.7%
AED 50,119

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