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4-bed · 7,494 sqftHattan 2, The Lakes · completed 2009

V29, Hattan 2

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V29 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 24.75M30 September 2024
Current rentAED 314K /yr30 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V29, Hattan 2

What is V29 worth today?

Last sold for AED 24,750,000 in 2024

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30 Oct 2024RentedRenewal
AED 313,924/yr8 months · AED 42 per sqft
30 Sep 2024SoldReady
AED 24,750,000AED 3,302 per sqft
31 Oct 2023RentedNew contract
AED 498,660/yr12 months · AED 67 per sqft
31 Oct 2022RentedNew contract
AED 390,000/yr12 months · AED 52 per sqft
31 Oct 2021RentedRenewal
AED 390,000/yr12 months · AED 52 per sqft
31 Oct 2020RentedRenewal
AED 390,000/yr12 months · AED 52 per sqft
31 Oct 2019RentedNew contract
AED 390,000/yr12 months · AED 52 per sqft
19 Dec 2013SoldReady
AED 19,000,000AED 2,535 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
4-bed villa
Size
7,494 sqft
Developer
Emaar
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 24.75M · September 2024
Community
Hattan 2

About V29, Hattan 2

V29 is a four-bedroom villa of 7,494 sqft in Hattan 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 30 September 2024 for AED 24,750,000, or AED 3,302 per sqft, 10% above the AED 3,003 four-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 30 October 2024, is AED 313,924 a year: a gross yield of 1.3% on the 2024 price, before the service charge of about AED 31,000 a year.

Sales and rents for V29 over time

Sales
Villa V29, 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, May 2013: AED 9,550,000 (AED 1,274 per sqft)Sold, December 2013: AED 19,000,000 (AED 2,535 per sqft)Sold, September 2024: AED 24,750,000 (AED 3,302 per sqft)

V29 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V29, 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, October 2019: AED 390,000 a yearRenewal, October 2020: AED 390,000 a yearRenewal, October 2021: AED 390,000 a yearNew contract, October 2022: AED 390,000 a yearNew contract, October 2023: AED 498,660 a yearRenewal, October 2024: AED 313,924 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 V29 sits

All 45 4-beds →

V29 last sold in September 2024 at AED 3,302 per sqft, 10% above what four-beds in Hattan 2 were fetching at the time (AED 3,003). V29's AED 313,924 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
1 May 202531,150,000
21 Aug 202417,250,000
19 Jul 202422,500,000
2 Jul 202420,750,000
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 →

V29, Hattan 2 in numbers

  • Sold 3 times: first on 12 May 2013 for AED 9,550,000, last on 30 September 2024 for AED 24,750,000 (AED 3,302 per sqft).
  • Rented since October 2019 on 6 Ejari contracts, from AED 390,000 to AED 313,924 a year.
  • At AED 313,924 a year the gross yield on the 2024 price is 1.3%, before a service charge of about AED 31,000 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 30 October 2024.

Questions about V29, Hattan 2

What did villa V29 last sell for?

AED 24,750,000 on 30 September 2024: AED 3,302 per sqft for 7,494 sqft. The villa has 3 registered sales; the first was AED 9,550,000 in May 2013.

What is the rent for villa V29?

AED 313,924 a year on the contract renewed on 30 October 2024. The previous contract, from October 2023, was AED 498,660; the villa has been rented since October 2019.

How big is villa V29?

7,494 sqft (696.2 sqm): a four-bedroom villa in Hattan 2, completed in 2009.

What is villa V29 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 V29, Hattan 2

Starts from the last sale price (AED 24.75M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 24,750,000
Deposit, UAE resident (20%)
AED 4,950,000
Deposit, non-resident (40%)
AED 9,900,000
Monthly over 25 years at 3.7%
AED 101,260

Plus AED 1,044,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →