3-bed · 3,163 sqftDeema 2, The Lakes · completed 2003

V088, Deema 2

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V088 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 3.42M7 December 2009
Current rentAED 330K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V088, Deema 2

What is V088 worth today?

Last sold for AED 3,418,888 in 2009

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1 Sep 2025RentedRenewal
AED 330,000/yr12 months · AED 104 per sqft
1 Sep 2023RentedNew contract
AED 300,000/yr12 months · AED 95 per sqft
1 Sep 2022RentedNew contract
AED 300,000/yr12 months · AED 95 per sqft
19 Aug 2021RentedRenewal
AED 180,000/yr12 months · AED 57 per sqft
19 Aug 2020RentedNew contract
AED 180,000/yr12 months · AED 57 per sqft
15 Jul 2019RentedNew contract
AED 240,000/yr12 months · AED 76 per sqft
7 Dec 2009Sold by developerReady
AED 3,418,888AED 1,080 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
3-bed villa
Size
3,163 sqft
Developer
Emaar
Completed
2003
Service charge
AED 11,300 /yr
Last sold
AED 3.42M · December 2009
Community
Deema 2

About V088, Deema 2

V088 is a three-bedroom villa of 3,163 sqft in Deema 2, a villa community in The Lakes completed in 2003 by Emaar. The developer sold it on 7 December 2009 for AED 3,418,888, or AED 1,080 per sqft, in line with the AED 1,071 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 330,000 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 11,300 a year.

Sales and rents for V088 over time

Sales
Villa V088, each saleTypical three-bed in Deema 2
4M5M2008201220162020Typical sale price by year: 2008 AED 3,441,888; 2009 AED 3,418,888; 2010 AED 3,569,888; 2011 AED 3,482,341; 2012 AED 3,458,444; 2013 AED 4,487,500; 2014 AED 5,425,000; 2021 AED 4,050,000Sold by developer, December 2009: AED 3,418,888 (AED 1,080 per sqft)

V088 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V088, each contractTypical three-bed in Deema 2
200K300K2012201620202024Typical rent by year: 2012 AED 235,000; 2013 AED 260,000; 2014 AED 260,000; 2015 AED 270,000; 2016 AED 255,000; 2017 AED 245,000; 2018 AED 234,947; 2019 AED 230,000; 2020 AED 184,615; 2021 AED 192,500; 2022 AED 295,000; 2023 AED 298,761; 2024 AED 355,278; 2025 AED 327,500New contract, July 2019: AED 240,000 a yearNew contract, August 2020: AED 180,000 a yearRenewal, August 2021: AED 180,000 a yearNew contract, September 2022: AED 300,000 a yearNew contract, September 2023: AED 300,000 a yearRenewal, September 2025: AED 330,000 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 2, and where V088 sits

All 23 3-beds →

V088 last sold in December 2009 at AED 1,080 per sqft, in line with what three-beds in Deema 2 were fetching at the time (AED 1,071).

Recent 3-bed salesVilla no.Price (AED)Summary
6 May 20259,475,000
26 Dec 20247,900,000
30 May 20235,200,000
30 Jan 20236,250,000
0 3-bed sales in the last 12 months

Deema 2

Community

53 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
Few contracts
Typical yield
Deema 2, The Lakes: prices, sales and rents →

V088, Deema 2 in numbers

  • Sold once: by Emaar on 7 December 2009 for AED 3,418,888, or AED 1,080 per sqft.
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 240,000 to AED 180,000 in 2021 and recovered to AED 330,000 by September 2025.
  • At AED 330,000 a year the gross yield on the 2009 price is 9.7%, before a service charge of about AED 11,300 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about V088, Deema 2

What did villa V088 last sell for?

AED 3,418,888 on 7 December 2009, sold by the developer: AED 1,080 per sqft for 3,163 sqft. It is the only registered sale of the villa.

What is the rent for villa V088?

AED 330,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2023, was AED 300,000; the villa has been rented since July 2019.

How big is villa V088?

3,163 sqft (293.9 sqm): a three-bedroom villa in Deema 2, completed in 2003.

What is villa V088 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 V088, Deema 2

Starts from the last sale price (AED 3.42M, 7 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,418,888
Deposit, UAE resident (20%)
AED 683,778
Deposit, non-resident (40%)
AED 1,367,555
Monthly over 25 years at 3.7%
AED 13,988

Plus AED 148,604 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →