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

V53, Hattan 2

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V53 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 17M14 July 2022
Current rentAED 920K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V53, Hattan 2

What is V53 worth today?

Last sold for AED 17,000,000 in 2022

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1 Sep 2024RentedNew contract
AED 920,000/yr12 months · AED 123 per sqft
25 Aug 2023RentedNew contract
AED 1,200,000/yr12 months · AED 160 per sqft
14 Jul 2022SoldReady
AED 17,000,000AED 2,268 per sqft
1 Jul 2022RentedRenewal
AED 543,000/yr12 months · AED 72 per sqft
1 Dec 2020RentedRenewal
AED 494,000/yr7 months · AED 66 per sqft
1 Dec 2018RentedRenewal
AED 520,000/yr12 months · AED 69 per sqft
1 Dec 2017RentedNew contract
AED 520,000/yr12 months · AED 69 per sqft
24 Jan 2007Sold by developerReady
AED 3,863,888AED 515 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
4-bed villa
Size
7,494 sqft
Developer
Emaar
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 17M · July 2022
Community
Hattan 2

About V53, Hattan 2

V53 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 14 July 2022 for AED 17,000,000, or AED 2,268 per sqft, 16% above the AED 1,963 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 920,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 31,000 a year.

Sales and rents for V53 over time

Sales
Villa V53, 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, January 2007: AED 3,863,888 (AED 515 per sqft)Sold, July 2022: AED 17,000,000 (AED 2,268 per sqft)

V53 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V53, 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, December 2017: AED 520,000 a yearRenewal, December 2018: AED 520,000 a yearRenewal, December 2020: AED 494,000 a yearRenewal, July 2022: AED 543,000 a yearNew contract, August 2023: AED 1,200,000 a yearNew contract, September 2024: AED 920,000 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 V53 sits

All 45 4-beds →

V53 last sold in July 2022 at AED 2,268 per sqft, 16% above what four-beds in Hattan 2 were fetching at the time (AED 1,963). V53's AED 920,000 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 →

V53, Hattan 2 in numbers

  • Sold twice: first on 24 January 2007 for AED 3,863,888, last on 14 July 2022 for AED 17,000,000 (AED 2,268 per sqft).
  • Rented since December 2017 on 6 Ejari contracts, from AED 520,000 to AED 920,000 a year.
  • At AED 920,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 31,000 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about V53, Hattan 2

What did villa V53 last sell for?

AED 17,000,000 on 14 July 2022: AED 2,268 per sqft for 7,494 sqft. The villa has 2 registered sales; the first was AED 3,863,888 in January 2007.

What is the rent for villa V53?

AED 920,000 a year on the contract signed on 1 September 2024. The previous contract, from August 2023, was AED 1,200,000; the villa has been rented since December 2017.

How big is villa V53?

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

What is villa V53 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 V53, Hattan 2

Starts from the last sale price (AED 17M, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 17,000,000
Deposit, UAE resident (20%)
AED 3,400,000
Deposit, non-resident (40%)
AED 6,800,000
Monthly over 25 years at 3.7%
AED 69,552

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