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4-bed · 6,239 sqftHattan 2, The Lakes · completed 2009

V70, Hattan 2

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V70 · DLD and Ejari recordsUpdated 29 June 2021
Last soldAED 10M29 June 2021
Current rentAED 400K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V70, Hattan 2

What is V70 worth today?

Last sold for AED 10,000,000 in 2021

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29 Jun 2021SoldReady
AED 10,000,000AED 1,602 per sqft
1 Dec 2020RentedRenewal
AED 400,000/yr12 months · AED 64 per sqft
1 Dec 2019RentedRenewal
AED 420,000/yr12 months · AED 67 per sqft
1 Dec 2018RentedRenewal
AED 420,000/yr12 months · AED 67 per sqft
1 Dec 2017RentedRenewal
AED 420,000/yr12 months · AED 67 per sqft
1 Dec 2016RentedNew contract
AED 420,000/yr12 months · AED 67 per sqft
8 Apr 2015RentedNew contract
AED 435,000/yr12 months · AED 70 per sqft
28 Sep 2014RentedNew contract
AED 500,001/yr4 months · AED 80 per sqft

Source: Dubai Land Department. Updated 29 June 2021.

Key facts

Type
4-bed villa
Size
6,239 sqft
Developer
Emaar
Completed
2009
Service charge
AED 25,800 /yr
Last sold
AED 10M · June 2021
Community
Hattan 2

About V70, Hattan 2

V70 is a four-bedroom villa of 6,239 sqft in Hattan 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 29 June 2021 for AED 10,000,000, or AED 1,602 per sqft, 31% above the AED 1,219 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 400,000 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 25,800 a year.

Sales and rents for V70 over time

Sales
Villa V70, 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 2007: AED 2,838,888 (AED 455 per sqft)Sold, June 2021: AED 10,000,000 (AED 1,602 per sqft)

V70 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V70, 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 2012: AED 450,000 a yearNew contract, May 2014: AED 450,000 a yearNew contract, September 2014: AED 500,001 a yearNew contract, April 2015: AED 435,000 a yearNew contract, December 2016: AED 420,000 a yearRenewal, December 2017: AED 420,000 a yearRenewal, December 2018: AED 420,000 a yearRenewal, December 2019: AED 420,000 a yearRenewal, December 2020: AED 400,000 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 V70 sits

All 45 4-beds →

V70 last sold in June 2021 at AED 1,602 per sqft, 31% above what four-beds in Hattan 2 were fetching at the time (AED 1,219). V70's AED 400,000 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 →

V70, Hattan 2 in numbers

  • Sold twice: first on 17 December 2007 for AED 2,838,888, last on 29 June 2021 for AED 10,000,000 (AED 1,602 per sqft).
  • Rented since May 2012 on 9 Ejari contracts, from AED 450,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 25,800 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 29 June 2021.

Questions about V70, Hattan 2

What did villa V70 last sell for?

AED 10,000,000 on 29 June 2021: AED 1,602 per sqft for 6,239 sqft. The villa has 2 registered sales; the first was AED 2,838,888 in December 2007.

What is the rent for villa V70?

AED 400,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 420,000; the villa has been rented since May 2012.

How big is villa V70?

6,239 sqft (579.6 sqm): a four-bedroom villa in Hattan 2, completed in 2009.

What is villa V70 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 V70, Hattan 2

Starts from the last sale price (AED 10M, 29 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 10,000,000
Deposit, UAE resident (20%)
AED 2,000,000
Deposit, non-resident (40%)
AED 4,000,000
Monthly over 25 years at 3.7%
AED 40,913

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