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

V122, Deema 3

Sold prices and rental history: sold 3 times, last in February 2024, and rented once, from September 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V122 · DLD and Ejari recordsUpdated 22 February 2024
Last soldAED 7.05M22 February 2024
Current rentAED 220K /yr1 September 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V122, Deema 3

What is V122 worth today?

Last sold for AED 7,050,000 in 2024

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22 Feb 2024SoldReady
AED 7,050,000AED 2,065 per sqft
1 Sep 2012RentedNew contract
AED 220,000/yr12 months · AED 64 per sqft
29 Mar 2012SoldReady
AED 1,845,000AED 540 per sqft
21 Oct 2008Sold by developerReady
AED 1,661,497AED 486 per sqft

Source: Dubai Land Department. Updated 22 February 2024.

Key facts

Type
3-bed villa
Size
3,414 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,200 /yr
Last sold
AED 7.05M · February 2024
Community
Deema 3

About V122, Deema 3

V122 is a three-bedroom villa of 3,414 sqft in Deema 3, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 22 February 2024 for AED 7,050,000, or AED 2,065 per sqft.

One Ejari contract is registered, from 1 September 2012. The current contract, signed on 1 September 2012, is AED 220,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for V122 over time

Sales
Villa V122, each saleTypical three-bed in Deema 3
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 3,417,888; 2009 AED 3,480,900; 2010 AED 3,000,000; 2011 AED 3,475,444; 2012 AED 3,450,000; 2013 AED 5,000,000; 2015 AED 5,400,000; 2020 AED 3,500,000; 2022 AED 5,950,000; 2024 AED 7,100,000Sold by developer, October 2008: AED 1,661,497 (AED 486 per sqft)Sold, March 2012: AED 1,845,000 (AED 540 per sqft)Sold, February 2024: AED 7,050,000 (AED 2,065 per sqft)

V122 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V122, each contractTypical three-bed in Deema 3
200K250K300K2012201620202024Typical rent by year: 2013 AED 245,000; 2014 AED 265,000; 2015 AED 250,000; 2016 AED 255,000; 2017 AED 247,500; 2018 AED 222,199; 2019 AED 217,500; 2020 AED 197,500; 2021 AED 207,500; 2022 AED 227,500; 2023 AED 282,000; 2024 AED 290,400; 2025 AED 297,000New contract, September 2012: AED 220,000 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 3, and where V122 sits

All 23 3-beds →
Recent 3-bed salesVilla no.Price (AED)Summary
14 Jul 202510,200,000
19 Aug 20247,150,000
13 Aug 20247,100,000
30 May 20246,550,000
0 3-bed sales in the last 12 months

Deema 3

Community

55 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 322K /yr
Typical yield
Deema 3, The Lakes: prices, sales and rents →

V122, Deema 3 in numbers

  • Sold 3 times: first on 21 October 2008 for AED 1,661,497, last on 22 February 2024 for AED 7,050,000 (AED 2,065 per sqft).
  • Rented since September 2012 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 12,200 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 22 February 2024.

Questions about V122, Deema 3

What did villa V122 last sell for?

AED 7,050,000 on 22 February 2024: AED 2,065 per sqft for 3,414 sqft. The villa has 3 registered sales; the first was AED 1,661,497 in October 2008.

What is the rent for villa V122?

AED 220,000 a year on the contract signed on 1 September 2012.

How big is villa V122?

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

What is villa V122 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 V122, Deema 3

Starts from the last sale price (AED 7.05M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,050,000
Deposit, UAE resident (20%)
AED 1,410,000
Deposit, non-resident (40%)
AED 2,820,000
Monthly over 25 years at 3.7%
AED 28,844

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