3-bed · 3,163 sqftDeema 1, The Lakes · completed 2003

V060, Deema 1

Sold prices and rental history: sold once, by the developer in June 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V060 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 3.44M10 June 2012
Current rentAED 325K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V060, Deema 1

What is V060 worth today?

Last sold for AED 3,443,888 in 2012

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20 Apr 2025RentedNew contract
AED 325,000/yr12 months · AED 103 per sqft
1 Apr 2025RentedRenewal
AED 340,000/yr12 months · AED 107 per sqft
1 Apr 2024RentedRenewal
AED 300,000/yr12 months · AED 95 per sqft
1 Apr 2022RentedRenewal
AED 250,000/yr12 months · AED 79 per sqft
1 Apr 2020RentedNew contract
AED 185,000/yr12 months · AED 58 per sqft
30 Oct 2019RentedNew contract
AED 195,000/yr12 months · AED 62 per sqft
1 Nov 2016RentedRenewal
AED 250,000/yr12 months · AED 79 per sqft
1 Nov 2015RentedRenewal
AED 250,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
3-bed villa
Size
3,163 sqft
Developer
Emaar
Completed
2003
Service charge
AED 11,300 /yr
Last sold
AED 3.44M · June 2012
Community
Deema 1

About V060, Deema 1

V060 is a three-bedroom villa of 3,163 sqft in Deema 1, a villa community in The Lakes completed in 2003 by Emaar. The developer sold it on 10 June 2012 for AED 3,443,888, or AED 1,088 per sqft, 4% above the AED 1,051 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 April 2025, is AED 325,000 a year: a gross yield of 9.4% on the 2012 price, before the service charge of about AED 11,300 a year.

Sales and rents for V060 over time

Sales
Villa V060, 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, June 2012: AED 3,443,888 (AED 1,088 per sqft)

V060 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V060, 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 350,000New contract, November 2013: AED 245,000 a yearRenewal, November 2015: AED 250,000 a yearRenewal, November 2016: AED 250,000 a yearNew contract, October 2019: AED 195,000 a yearNew contract, April 2020: AED 185,000 a yearRenewal, April 2022: AED 250,000 a yearRenewal, April 2024: AED 300,000 a yearNew contract, April 2025: AED 325,000 a yearRenewal, April 2025: AED 340,000 a year

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 V060 sits

All 32 3-beds →

V060 last sold in June 2012 at AED 1,088 per sqft, 4% above what three-beds in Deema 1 were fetching at the time (AED 1,051).

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 →

V060, Deema 1 in numbers

  • Sold once: by Emaar on 10 June 2012 for AED 3,443,888, or AED 1,088 per sqft.
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 245,000 to AED 185,000 in 2020 and recovered to AED 325,000 by April 2025.
  • At AED 325,000 a year the gross yield on the 2012 price is 9.4%, before a service charge of about AED 11,300 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 20 April 2025.

Questions about V060, Deema 1

What did villa V060 last sell for?

AED 3,443,888 on 10 June 2012, sold by the developer: AED 1,088 per sqft for 3,163 sqft. It is the only registered sale of the villa.

What is the rent for villa V060?

AED 325,000 a year on the contract signed on 20 April 2025. The previous contract, from April 2025, was AED 340,000; the villa has been rented since November 2013.

How big is villa V060?

3,163 sqft (293.9 sqm): a three-bedroom villa in Deema 1, completed in 2003.

What is villa V060 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 V060, Deema 1

Starts from the last sale price (AED 3.44M, 10 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,443,888
Deposit, UAE resident (20%)
AED 688,778
Deposit, non-resident (40%)
AED 1,377,555
Monthly over 25 years at 3.7%
AED 14,090

Plus AED 149,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →