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3-bed · 3,414 sqftDeema 1, The Lakes · completed 2003

V020, Deema 1

Sold prices and rental history: sold 3 times, last in July 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V020 · DLD and Ejari recordsUpdated 7 July 2013
Last soldAED 5.15M7 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V020, Deema 1

What is V020 worth today?

Last sold for AED 5,150,000 in 2013

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7 Jul 2013SoldReady
AED 5,150,000AED 1,508 per sqft
31 May 2012SoldReady
AED 4,100,000AED 1,201 per sqft
8 Aug 2010Sold by developerReady
AED 3,433,888AED 1,005 per sqft

Source: Dubai Land Department. Updated 7 July 2013.

Key facts

Type
3-bed villa
Size
3,414 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,200 /yr
Last sold
AED 5.15M · July 2013
Community
Deema 1

About V020, Deema 1

V020 is a three-bedroom villa of 3,414 sqft in Deema 1, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 7 July 2013 for AED 5,150,000, or AED 1,508 per sqft, 14% above the AED 1,318 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V020 over time

Sales
Villa V020, each saleTypical three-bed in Deema 1
2M4M6M2008201220162020Typical sale price by year: 2008 AED 3,378,888; 2009 AED 3,696,388; 2010 AED 3,392,888; 2011 AED 3,200,000; 2012 AED 3,900,000; 2013 AED 4,500,000; 2014 AED 4,999,000; 2015 AED 1,377,000; 2016 AED 4,200,000; 2022 AED 5,400,000Sold by developer, August 2010: AED 3,433,888 (AED 1,005 per sqft)Sold, May 2012: AED 4,100,000 (AED 1,201 per sqft)Sold, July 2013: AED 5,150,000 (AED 1,508 per sqft)

V020 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V020, each contractTypical three-bed in Deema 1
200K300K2012201620202024Typical rent by year: 2012 AED 240,000; 2013 AED 245,000; 2014 AED 250,000; 2015 AED 255,000; 2016 AED 255,000; 2017 AED 250,000; 2018 AED 220,000; 2019 AED 220,000; 2020 AED 199,000; 2021 AED 206,250; 2022 AED 210,000; 2023 AED 245,000; 2024 AED 315,000; 2025 AED 350,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Deema 1, and where V020 sits

All 32 3-beds →

V020 last sold in July 2013 at AED 1,508 per sqft, 14% above what three-beds in Deema 1 were fetching at the time (AED 1,318).

Recent 3-bed salesVilla no.Price (AED)Summary
16 Dec 20247,150,000
9 Dec 20225,900,000
16 Nov 20225,300,000
9 Sep 20224,900,000
0 3-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 →

V020, Deema 1 in numbers

  • Sold 3 times: first on 8 August 2010 for AED 3,433,888, last on 7 July 2013 for AED 5,150,000 (AED 1,508 per sqft).

Source: Dubai Land Department. Updated 7 July 2013.

Questions about V020, Deema 1

What did villa V020 last sell for?

AED 5,150,000 on 7 July 2013: AED 1,508 per sqft for 3,414 sqft. The villa has 3 registered sales; the first was AED 3,433,888 in August 2010.

How big is villa V020?

3,414 sqft (317.2 sqm): a three-bedroom villa in Deema 1, completed in 2003.

What is villa V020 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 V020, Deema 1

Starts from the last sale price (AED 5.15M, 7 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

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