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

V018, Deema 1

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V018 · DLD and Ejari recordsUpdated 4 August 2022
Last soldAED 5.33M4 August 2022
Current rentAED 200K /yr10 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V018, Deema 1

What is V018 worth today?

Last sold for AED 5,325,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Aug 2022SoldReady
AED 5,325,000AED 1,577 per sqft
10 Aug 2021RentedRenewal
AED 200,000/yr12 months · AED 59 per sqft
10 Aug 2020RentedRenewal
AED 200,000/yr12 months · AED 59 per sqft
10 May 2018RentedRenewal
AED 240,000/yr12 months · AED 71 per sqft
10 May 2017RentedNew contract
AED 240,000/yr12 months · AED 71 per sqft
7 Mar 2015RentedNew contract
AED 270,000/yr12 months · AED 80 per sqft
10 Jun 2014RentedNew contract
AED 280,000/yr6 months · AED 83 per sqft
10 Jun 2013RentedRenewal
AED 230,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 4 August 2022.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 5.33M · August 2022
Community
Deema 1

About V018, Deema 1

V018 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 4 August 2022 for AED 5,325,000, or AED 1,577 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 10 August 2021, is AED 200,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 12,100 a year.

Sales and rents for V018 over time

Sales
Villa V018, each saleTypical four-bed in Deema 1
2.5M5M7.5M2008201320182023Typical 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, August 2008: AED 3,641,888 (AED 1,079 per sqft)Sold, August 2022: AED 5,325,000 (AED 1,577 per sqft)

V018 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V018, 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, June 2012: AED 220,000 a yearRenewal, June 2013: AED 230,000 a yearNew contract, June 2014: AED 280,000 a yearNew contract, March 2015: AED 270,000 a yearNew contract, May 2017: AED 240,000 a yearRenewal, May 2018: AED 240,000 a yearRenewal, August 2020: AED 200,000 a yearRenewal, August 2021: 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 V018 sits

All 34 4-beds →
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 →

V018, Deema 1 in numbers

  • Sold twice: first on 5 August 2008 for AED 3,641,888, last on 4 August 2022 for AED 5,325,000 (AED 1,577 per sqft).
  • Rented since June 2012 on 8 Ejari contracts, from AED 220,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 4 August 2022.

Questions about V018, Deema 1

What did villa V018 last sell for?

AED 5,325,000 on 4 August 2022: AED 1,577 per sqft for 3,375 sqft. The villa has 2 registered sales; the first was AED 3,641,888 in August 2008.

What is the rent for villa V018?

AED 200,000 a year on the contract renewed on 10 August 2021. The previous contract, from August 2020, was AED 200,000; the villa has been rented since June 2012.

How big is villa V018?

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

What is villa V018 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V018? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V018, Deema 1

Starts from the last sale price (AED 5.33M, 4 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,325,000
Deposit, UAE resident (20%)
AED 1,065,000
Deposit, non-resident (40%)
AED 2,130,000
Monthly over 25 years at 3.7%
AED 21,786

Plus AED 228,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →