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

V44, Hattan 2

Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V44 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 19.5M23 August 2022
Current rentAED 475K /yr16 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V44, Hattan 2

What is V44 worth today?

Last sold for AED 19,500,000 in 2022

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23 Aug 2022SoldReady
AED 19,500,000AED 2,601 per sqft
8 Sep 2019SoldReady
AED 7,300,000AED 974 per sqft
16 May 2017RentedRenewal
AED 475,000/yr12 months · AED 63 per sqft
16 May 2016RentedRenewal
AED 475,000/yr12 months · AED 63 per sqft
16 May 2014RentedNew contract
AED 475,000/yr12 months · AED 63 per sqft
27 Mar 2014Sold by developerReady
AED 4,257,888AED 568 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
4-bed villa
Size
7,494 sqft
Developer
Emaar
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 19.5M · August 2022
Community
Hattan 2

About V44, Hattan 2

V44 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 23 August 2022 for AED 19,500,000, or AED 2,601 per sqft, 23% above the AED 2,116 four-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 16 May 2017, is AED 475,000 a year: a gross yield of 2.4% on the 2022 price, before the service charge of about AED 31,000 a year.

Sales and rents for V44 over time

Sales
Villa V44, 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, March 2014: AED 4,257,888 (AED 568 per sqft)Sold, September 2019: AED 7,300,000 (AED 974 per sqft)Sold, August 2022: AED 19,500,000 (AED 2,601 per sqft)

V44 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V44, 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, May 2014: AED 475,000 a yearRenewal, May 2016: AED 475,000 a yearRenewal, May 2017: AED 475,000 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 V44 sits

All 45 4-beds →

V44 last sold in August 2022 at AED 2,601 per sqft, 23% above what four-beds in Hattan 2 were fetching at the time (AED 2,116). V44's AED 475,000 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 →

V44, Hattan 2 in numbers

  • Sold 3 times: first on 27 March 2014 for AED 4,257,888, last on 23 August 2022 for AED 19,500,000 (AED 2,601 per sqft).
  • Rented since May 2014 on 3 Ejari contracts, at AED 475,000 a year.
  • At AED 475,000 a year the gross yield on the 2022 price is 2.4%, before a service charge of about AED 31,000 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 23 August 2022.

Questions about V44, Hattan 2

What did villa V44 last sell for?

AED 19,500,000 on 23 August 2022: AED 2,601 per sqft for 7,494 sqft. The villa has 3 registered sales; the first was AED 4,257,888 in March 2014.

What is the rent for villa V44?

AED 475,000 a year on the contract renewed on 16 May 2017. The previous contract, from May 2016, was AED 475,000; the villa has been rented since May 2014.

How big is villa V44?

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

What is villa V44 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 V44, Hattan 2

Starts from the last sale price (AED 19.5M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 19,500,000
Deposit, UAE resident (20%)
AED 3,900,000
Deposit, non-resident (40%)
AED 7,800,000
Monthly over 25 years at 3.7%
AED 79,781

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