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

V77, Hattan 2

Sold prices and rental history: sold twice, last in June 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V77 · DLD and Ejari recordsUpdated 14 June 2015
Last soldAED 11.5M14 June 2015
Current rentAED 320K /yr3 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V77, Hattan 2

What is V77 worth today?

Last sold for AED 11,500,000 in 2015

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14 Jun 2015SoldReady
AED 11,500,000AED 1,843 per sqft
3 Jul 2014RentedNew contract
AED 320,000/yr12 months · AED 51 per sqft
3 Jul 2013RentedNew contract
AED 320,000/yr12 months · AED 51 per sqft
3 Jul 2012RentedNew contract
AED 320,000/yr12 months · AED 51 per sqft
2 May 2011Sold by developerReady
AED 3,129,888AED 501 per sqft

Source: Dubai Land Department. Updated 14 June 2015.

Key facts

Type
4-bed villa
Size
6,239 sqft
Developer
Emaar
Completed
2009
Service charge
AED 25,800 /yr
Last sold
AED 11.5M · June 2015
Community
Hattan 2

About V77, Hattan 2

V77 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 14 June 2015 for AED 11,500,000, or AED 1,843 per sqft, in line with the AED 1,843 four-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 3 July 2014, is AED 320,000 a year: a gross yield of 2.8% on the 2015 price, before the service charge of about AED 25,800 a year.

Sales and rents for V77 over time

Sales
Villa V77, 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, May 2011: AED 3,129,888 (AED 501 per sqft)Sold, June 2015: AED 11,500,000 (AED 1,843 per sqft)

V77 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V77, 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, July 2012: AED 320,000 a yearNew contract, July 2013: AED 320,000 a yearNew contract, July 2014: AED 320,000 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 V77 sits

All 45 4-beds →

V77 last sold in June 2015 at AED 1,843 per sqft, in line with what four-beds in Hattan 2 were fetching at the time (AED 1,843). V77's AED 320,000 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 →

V77, Hattan 2 in numbers

  • Sold twice: first on 2 May 2011 for AED 3,129,888, last on 14 June 2015 for AED 11,500,000 (AED 1,843 per sqft).
  • Rented since July 2012 on 3 Ejari contracts, at AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2015 price is 2.8%, before a service charge of about AED 25,800 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 14 June 2015.

Questions about V77, Hattan 2

What did villa V77 last sell for?

AED 11,500,000 on 14 June 2015: AED 1,843 per sqft for 6,239 sqft. The villa has 2 registered sales; the first was AED 3,129,888 in May 2011.

What is the rent for villa V77?

AED 320,000 a year on the contract signed on 3 July 2014. The previous contract, from July 2013, was AED 320,000; the villa has been rented since July 2012.

How big is villa V77?

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

What is villa V77 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 V77, Hattan 2

Starts from the last sale price (AED 11.5M, 14 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 11,500,000
Deposit, UAE resident (20%)
AED 2,300,000
Deposit, non-resident (40%)
AED 4,600,000
Monthly over 25 years at 3.7%
AED 47,050

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