
V055, Deema 1
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V055, Deema 1
What is V055 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 4-bed villa
- Size
- 3,375 sqft
- Developer
- Emaar
- Completed
- 2003
- Service charge
- AED 12,100 /yr
- Last sold
- AED 6.85M · April 2024
- Community
- Deema 1
About V055, Deema 1
V055 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 15 April 2024 for AED 6,850,000, or AED 2,029 per sqft, in line with the AED 2,052 four-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 5 February 2024, is AED 320,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for V055 over time
V055 has sold 3 times; the dashed line is the four-bed median of each year in the community.
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 V055 sits
All 34 4-beds →V055 last sold in April 2024 at AED 2,029 per sqft, in line with what four-beds in Deema 1 were fetching at the time (AED 2,052).
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202510 April 2025 | 4,024 sqft | 13,750,000 | 3,416 | ||
| 22 Oct 202422 October 2024 | 4,024 sqft | 8,600,000 | 2,136 | ||
| 18 Sep 202418 September 2024 | 4,024 sqft | 7,800,000 | 1,938 | ||
| 3 Jun 20243 June 2024 | 4,024 sqft | 9,850,000 | 2,447 |
Deema 1
Community66 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
V055, Deema 1 in numbers
- Sold 3 times: first on 9 September 2009 for AED 1,911,944, last on 15 April 2024 for AED 6,850,000 (AED 2,029 per sqft).
- Rented since August 2012 on 13 Ejari contracts. The rent fell from AED 256,667 to AED 220,000 in 2021 and recovered to AED 320,000 by February 2024.
- At AED 320,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).
Source: Dubai Land Department. Updated 15 April 2024.
Questions about V055, Deema 1
What did villa V055 last sell for?
AED 6,850,000 on 15 April 2024: AED 2,029 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 1,911,944 in September 2009.
What is the rent for villa V055?
AED 320,000 a year on the contract renewed on 5 February 2024. The previous contract, from February 2024, was AED 320,000; the villa has been rented since August 2012.
How big is villa V055?
3,375 sqft (313.5 sqm): a four-bedroom villa in Deema 1, completed in 2003.
What is villa V055 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 V055, Deema 1
Starts from the last sale price (AED 6.85M, 15 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,850,000
- Deposit, UAE resident (20%)
- AED 1,370,000
- Deposit, non-resident (40%)
- AED 2,740,000
- Monthly over 25 years at 3.7%
- AED 28,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →