4-bed · 3,375 sqftDeema 1, The Lakes · completed 2003

V013, Deema 1

Sold prices and rental history: sold 4 times, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V013 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 4.95M1 July 2021
Current rentAED 200K /yr20 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V013, Deema 1

What is V013 worth today?

Last sold for AED 4,950,000 in 2021

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1 Jul 2021SoldReady
AED 4,950,000AED 1,466 per sqft
20 Jun 2020RentedRenewal
AED 200,000/yr12 months · AED 59 per sqft
20 Jun 2019RentedRenewal
AED 230,000/yr12 months · AED 68 per sqft
20 Jun 2018RentedRenewal
AED 250,000/yr12 months · AED 74 per sqft
21 Jul 2017RentedRenewal
AED 284,471/yr11 months · AED 84 per sqft
21 Jun 2016RentedRenewal
AED 258,462/yr13 months · AED 77 per sqft
21 Jun 2015RentedNew contract
AED 280,000/yr12 months · AED 83 per sqft
20 Jun 2014RentedNew contract
AED 279,224/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 4.95M · July 2021
Community
Deema 1

About V013, Deema 1

V013 is a four-bedroom villa of 3,375 sqft in Deema 1, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 1 July 2021 for AED 4,950,000, or AED 1,466 per sqft, 39% above the AED 1,056 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 20 June 2020, is AED 200,000 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 12,100 a year.

Sales and rents for V013 over time

Sales
Villa V013, each saleTypical four-bed in Deema 1
5M2008201320182023Typical sale price by year: 2008 AED 3,731,388; 2009 AED 3,675,866; 2010 AED 3,897,744; 2011 AED 2,689,328; 2012 AED 3,950,000; 2013 AED 5,250,000; 2015 AED 5,050,000; 2018 AED 4,900,000; 2020 AED 3,758,500; 2021 AED 4,600,000; 2022 AED 5,325,000; 2023 AED 7,000,000; 2024 AED 8,150,000Sold by developer, November 2009: AED 1,729,897 (AED 512 per sqft)Sold, September 2012: AED 4,200,000 (AED 1,244 per sqft)Sold, March 2014: AED 5,675,000 (AED 1,681 per sqft)Sold, July 2021: AED 4,950,000 (AED 1,466 per sqft)

V013 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V013, each contractTypical four-bed in Deema 1
200K300K2012201620202024Typical rent by year: 2012 AED 256,667; 2013 AED 260,000; 2014 AED 279,612; 2015 AED 280,000; 2016 AED 289,197; 2017 AED 270,000; 2018 AED 252,500; 2019 AED 230,000; 2020 AED 202,500; 2021 AED 230,000; 2022 AED 270,000; 2023 AED 312,974; 2024 AED 320,000; 2025 AED 317,000New contract, November 2012: AED 270,000 a yearNew contract, June 2014: AED 279,224 a yearNew contract, June 2015: AED 280,000 a yearRenewal, June 2016: AED 258,462 a yearRenewal, July 2017: AED 284,471 a yearRenewal, June 2018: AED 250,000 a yearRenewal, June 2019: AED 230,000 a yearRenewal, June 2020: AED 200,000 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 Deema 1, and where V013 sits

All 34 4-beds →

V013 last sold in July 2021 at AED 1,466 per sqft, 39% above what four-beds in Deema 1 were fetching at the time (AED 1,056).

Recent 4-bed salesVilla no.Price (AED)Summary
10 Apr 202513,750,000
22 Oct 20248,600,000
18 Sep 20247,800,000
3 Jun 20249,850,000
0 4-bed sales in the last 12 months

Deema 1

Community

66 villas, 3-bed to 4-bed in The Lakes, completed in 2003 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 353K /yr
Typical yield
Deema 1, The Lakes: prices, sales and rents →

V013, Deema 1 in numbers

  • Sold 4 times: first on 19 November 2009 for AED 1,729,897, last on 1 July 2021 for AED 4,950,000 (AED 1,466 per sqft).
  • Rented since November 2012 on 8 Ejari contracts, from AED 270,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 1 July 2021.

Questions about V013, Deema 1

What did villa V013 last sell for?

AED 4,950,000 on 1 July 2021: AED 1,466 per sqft for 3,375 sqft. The villa has 4 registered sales; the first was AED 1,729,897 in November 2009.

What is the rent for villa V013?

AED 200,000 a year on the contract renewed on 20 June 2020. The previous contract, from June 2019, was AED 230,000; the villa has been rented since November 2012.

How big is villa V013?

3,375 sqft (313.5 sqm): a four-bedroom villa in Deema 1, completed in 2003.

What is villa V013 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 V013, Deema 1

Starts from the last sale price (AED 4.95M, 1 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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