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

V37, Hattan 2

Sold prices and rental history: sold 3 times, last in April 2015, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V37 · DLD and Ejari recordsUpdated 20 April 2015
Last soldAED 16.75M2 April 2015
Current rentAED 350K /yr20 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V37, Hattan 2

What is V37 worth today?

Last sold for AED 16,750,000 in 2015

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20 Apr 2015RentedNew contract
AED 350,000/yr12 months · AED 47 per sqft
2 Apr 2015SoldReady
AED 16,750,000AED 2,235 per sqft
9 Dec 2009Sold by developerReady
AED 14,000,000AED 1,868 per sqft
9 Dec 2009SoldReady
AED 6,500,000AED 867 per sqft

Source: Dubai Land Department. Updated 20 April 2015.

Key facts

Type
4-bed villa
Size
7,494 sqft
Developer
Emaar
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 16.75M · April 2015
Community
Hattan 2

About V37, Hattan 2

V37 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 2 April 2015 for AED 16,750,000, or AED 2,235 per sqft, 11% above the AED 2,019 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 20 April 2015. The current contract, signed on 20 April 2015, is AED 350,000 a year: a gross yield of 2.1% on the 2015 price, before the service charge of about AED 31,000 a year.

Sales and rents for V37 over time

Sales
Villa V37, 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 2009: AED 14,000,000 (AED 1,868 per sqft)Sold, December 2009: AED 6,500,000 (AED 867 per sqft)Sold, April 2015: AED 16,750,000 (AED 2,235 per sqft)

V37 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V37, 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, April 2015: AED 350,000 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 V37 sits

All 45 4-beds →

V37 last sold in April 2015 at AED 2,235 per sqft, 11% above what four-beds in Hattan 2 were fetching at the time (AED 2,019). V37's AED 350,000 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 →

V37, Hattan 2 in numbers

  • Sold 3 times: first on 9 December 2009 for AED 6,500,000, last on 2 April 2015 for AED 16,750,000 (AED 2,235 per sqft).
  • Rented since April 2015 on one Ejari contract, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2015 price is 2.1%, before a service charge of about AED 31,000 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 20 April 2015.

Questions about V37, Hattan 2

What did villa V37 last sell for?

AED 16,750,000 on 2 April 2015: AED 2,235 per sqft for 7,494 sqft. The villa has 3 registered sales; the first was AED 6,500,000 in December 2009.

What is the rent for villa V37?

AED 350,000 a year on the contract signed on 20 April 2015.

How big is villa V37?

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

What is villa V37 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 V37, Hattan 2

Starts from the last sale price (AED 16.75M, 2 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 16,750,000
Deposit, UAE resident (20%)
AED 3,350,000
Deposit, non-resident (40%)
AED 6,700,000
Monthly over 25 years at 3.7%
AED 68,529

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