4-bed · 4,024 sqftDeema 1, The Lakes · completed 2003

V065, Deema 1

Sold prices and rental history: sold twice, last in July 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V065 · DLD and Ejari recordsUpdated 27 July 2015
Last soldAED 2.5M27 July 2015
Current rentAED 252K /yr3 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V065, Deema 1

What is V065 worth today?

Last sold for AED 2,497,500 in 2015

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27 Jul 2015SoldReady
AED 2,497,500AED 620 per sqft
3 Jul 2014RentedNew contract
AED 252,000/yr12 months · AED 63 per sqft
9 Oct 2012Sold by developerReady
AED 3,702,888AED 920 per sqft
3 Jul 2012RentedNew contract
AED 240,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 27 July 2015.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 2.5M · July 2015
Community
Deema 1

About V065, Deema 1

V065 is a four-bedroom villa of 4,024 sqft in Deema 1, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 27 July 2015 for AED 2,497,500, or AED 620 per sqft, 55% below the AED 1,379 four-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 3 July 2014, is AED 252,000 a year: a gross yield of 10.1% on the 2015 price, before the service charge of about AED 14,400 a year.

Sales and rents for V065 over time

Sales
Villa V065, 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, October 2012: AED 3,702,888 (AED 920 per sqft)Sold, July 2015: AED 2,497,500 (AED 620 per sqft)

V065 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V065, 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, July 2012: AED 240,000 a yearNew contract, July 2014: AED 252,000 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 V065 sits

All 34 4-beds →

V065 last sold in July 2015 at AED 620 per sqft, 55% below what four-beds in Deema 1 were fetching at the time (AED 1,379).

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 →

V065, Deema 1 in numbers

  • Sold twice: first on 9 October 2012 for AED 3,702,888, last on 27 July 2015 for AED 2,497,500 (AED 620 per sqft).
  • Rented since July 2012 on 2 Ejari contracts, from AED 240,000 to AED 252,000 a year.
  • At AED 252,000 a year the gross yield on the 2015 price is 10.1%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 27 July 2015.

Questions about V065, Deema 1

What did villa V065 last sell for?

AED 2,497,500 on 27 July 2015: AED 620 per sqft for 4,024 sqft. The villa has 2 registered sales; the first was AED 3,702,888 in October 2012.

What is the rent for villa V065?

AED 252,000 a year on the contract signed on 3 July 2014. The previous contract, from July 2012, was AED 240,000.

How big is villa V065?

4,024 sqft (373.8 sqm): a four-bedroom villa in Deema 1, completed in 2003.

What is villa V065 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 V065, Deema 1

Starts from the last sale price (AED 2.5M, 27 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,497,500
Deposit, UAE resident (20%)
AED 499,500
Deposit, non-resident (40%)
AED 999,000
Monthly over 25 years at 3.7%
AED 10,218

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