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

V71, Hattan 2

Sold prices and rental history: sold twice, last in December 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V71 · DLD and Ejari recordsUpdated 21 December 2020
Last soldAED 7.35M21 December 2020
Current rentAED 384K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V71, Hattan 2

What is V71 worth today?

Last sold for AED 7,350,000 in 2020

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21 Dec 2020SoldReady
AED 7,350,000AED 1,178 per sqft
1 May 2019RentedNew contract
AED 384,000/yr12 months · AED 62 per sqft
10 Oct 2017RentedRenewal
AED 400,000/yr12 months · AED 64 per sqft
10 Oct 2016RentedNew contract
AED 400,000/yr12 months · AED 64 per sqft
21 Mar 2007Sold by developerReady
AED 1,464,444AED 234 per sqft

Source: Dubai Land Department. Updated 21 December 2020.

Key facts

Type
4-bed villa
Size
6,239 sqft
Developer
Emaar
Completed
2009
Service charge
AED 25,800 /yr
Last sold
AED 7.35M · December 2020
Community
Hattan 2

About V71, Hattan 2

V71 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 21 December 2020 for AED 7,350,000, or AED 1,178 per sqft, in line with the AED 1,190 four-beds in the community were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 May 2019, is AED 384,000 a year: a gross yield of 5.2% on the 2020 price, before the service charge of about AED 25,800 a year.

Sales and rents for V71 over time

Sales
Villa V71, 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 2007: AED 1,464,444 (AED 234 per sqft)Sold, December 2020: AED 7,350,000 (AED 1,178 per sqft)

V71 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V71, 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, October 2016: AED 400,000 a yearRenewal, October 2017: AED 400,000 a yearNew contract, May 2019: AED 384,000 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 V71 sits

All 45 4-beds →

V71 last sold in December 2020 at AED 1,178 per sqft, in line with what four-beds in Hattan 2 were fetching at the time (AED 1,190). V71's AED 384,000 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 →

V71, Hattan 2 in numbers

  • Sold twice: first on 21 March 2007 for AED 1,464,444, last on 21 December 2020 for AED 7,350,000 (AED 1,178 per sqft).
  • Rented since October 2016 on 3 Ejari contracts, from AED 400,000 to AED 384,000 a year.
  • At AED 384,000 a year the gross yield on the 2020 price is 5.2%, before a service charge of about AED 25,800 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 21 December 2020.

Questions about V71, Hattan 2

What did villa V71 last sell for?

AED 7,350,000 on 21 December 2020: AED 1,178 per sqft for 6,239 sqft. The villa has 2 registered sales; the first was AED 1,464,444 in March 2007.

What is the rent for villa V71?

AED 384,000 a year on the contract signed on 1 May 2019. The previous contract, from October 2017, was AED 400,000; the villa has been rented since October 2016.

How big is villa V71?

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

What is villa V71 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 V71, Hattan 2

Starts from the last sale price (AED 7.35M, 21 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 7,350,000
Deposit, UAE resident (20%)
AED 1,470,000
Deposit, non-resident (40%)
AED 2,940,000
Monthly over 25 years at 3.7%
AED 30,071

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