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

V40, Hattan 2

Sold prices and rental history: sold once, by the developer in July 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V40 · DLD and Ejari recordsUpdated 24 July 2011
Last soldAED 3.35M24 July 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V40, Hattan 2

What is V40 worth today?

Last sold for AED 3,350,000 in 2011

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24 Jul 2011Sold by developerReady
AED 3,350,000AED 447 per sqft

Source: Dubai Land Department. Updated 24 July 2011.

Key facts

Type
4-bed villa
Size
7,494 sqft
Developer
Emaar
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 3.35M · July 2011
Community
Hattan 2

About V40, Hattan 2

V40 is a four-bedroom villa of 7,494 sqft in Hattan 2, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 24 July 2011 for AED 3,350,000, or AED 447 per sqft, 13% below the AED 511 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V40 over time

Sales
Villa V40, 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 2011: AED 3,350,000 (AED 447 per sqft)

V40 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V40, 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 1,000,000

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 V40 sits

All 45 4-beds →

V40 last sold in July 2011 at AED 447 per sqft, 13% below what four-beds in Hattan 2 were fetching at the time (AED 511).

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 →

V40, Hattan 2 in numbers

  • Sold once: by Emaar on 24 July 2011 for AED 3,350,000, or AED 447 per sqft.

Source: Dubai Land Department. Updated 24 July 2011.

Questions about V40, Hattan 2

What did villa V40 last sell for?

AED 3,350,000 on 24 July 2011, sold by the developer: AED 447 per sqft for 7,494 sqft. It is the only registered sale of the villa.

How big is villa V40?

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

What is villa V40 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 V40, Hattan 2

Starts from the last sale price (AED 3.35M, 24 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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