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Community

Millennium Estates

A gated residential community of 198 luxury villas covering a 3.8 million square foot site in the Meydan City masterplan area.

Millennium Estates, Dubai

01 / Transactions

All Millennium Estates transactions

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02 / About

About Millennium Estates

Millennium Estates is a new residential development in the Meydan area of Dubai.

The gated community occupies the southern extension of the Meydan City masterplan area, next to the grandstand.

It consists of 198 luxury villas covering a site measuring 3.8 million square feet.

Meydan is the master developer, responsible for the roads and services, whilst G&Co is the developer who bought the land from Meydan in 2010 and built the houses.

The project was launched in April 2013 and the properties were all sold by June2013.

Construction started in 2013 and was completed in 2016.

The two storey villas come in three sizes: Type A with a combined floor space of 7,371 square feet, Type B at 2,993 square feet and Type C at 5,221 square feet.

Millennium Estates at a glance

Area
Nad Al Sheba 1
Developer
G&Co

Getting around

Dubai Mall
15 min
Palm Jumeirah
24 min
Burj Al Arab
21 min
The Walk JBR
27 min

Travel times are approximate driving estimates reported by the source and vary with route and traffic.

Construction and handover

Construction began in March 2013. The estimated handover date was August 2015. The project was completed in Feb 2016.

Construction Started
March 2013
Estimated Completion
August 2015
Construction Finished
February 2016

Nearby neighbourhoods

  • The Polo Residence0.9 km
  • Mohammed Bin Rashid City0.9 km
  • Meydan2.2 km
  • District One3.0 km

No market sales are on record for Millennium Estates, so sale prices can't be shown.

03 / Rents

Renting in Millennium Estates

Medians of the 377 market rents (one property, about a year) among 443 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.

Median rent / yr
AED 290,000
Per sqft / yr
AED 29/sqft
Gross yield
—

04 / Nearby

Communities with comparable activity and prices.

Areas ranked by market sales. Prices in AED.
CommunitySalesMedian · AEDAED / sqftOpen
96,0151.37M AED2,451
89,709805K AED1,467
70,6721.45M AED2,015
58,049954.75K AED1,626
53,5152.35M AED2,846
47,279349K AED724
29,994660K AED1,320
26,8521.29M AED1,694

05 / Talk to us

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