4-bed · 4,024 sqftDeema 3, The Lakes · completed 2003

V157, Deema 3

Sold prices and rental history: sold twice, last in May 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V157 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 7.88M22 May 2024
Current rentAED 445K /yr8 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V157, Deema 3

What is V157 worth today?

Last sold for AED 7,875,000 in 2024

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22 May 2024SoldReady
AED 7,875,000AED 1,956 per sqft
8 May 2022RentedNew contract
AED 445,000/yr12 months · AED 111 per sqft
1 Jul 2015RentedNew contract
AED 320,000/yr12 months · AED 80 per sqft
1 Feb 2013RentedNew contract
AED 330,000/yr12 months · AED 82 per sqft
19 Aug 2010Sold by developerReady
AED 5,611,888AED 1,394 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 7.88M · May 2024
Community
Deema 3

About V157, Deema 3

V157 is a four-bedroom villa of 4,024 sqft in Deema 3, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 22 May 2024 for AED 7,875,000, or AED 1,956 per sqft, in line with the AED 2,014 four-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 8 May 2022, is AED 445,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for V157 over time

Sales
Villa V157, each saleTypical four-bed in Deema 3
5M7.5M2008201320182023Typical sale price by year: 2008 AED 3,842,061; 2009 AED 3,932,615; 2010 AED 3,984,444; 2011 AED 3,350,000; 2012 AED 4,100,000; 2015 AED 3,690,500; 2016 AED 4,995,000; 2017 AED 4,999,999; 2024 AED 7,875,000Sold by developer, August 2010: AED 5,611,888 (AED 1,394 per sqft)Sold, May 2024: AED 7,875,000 (AED 1,956 per sqft)

V157 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V157, each contractTypical four-bed in Deema 3
200K400K2012201620202024Typical rent by year: 2012 AED 280,000; 2013 AED 280,879; 2014 AED 275,000; 2015 AED 295,426; 2016 AED 280,000; 2017 AED 267,500; 2018 AED 270,000; 2019 AED 250,000; 2020 AED 210,000; 2021 AED 240,000; 2022 AED 266,100; 2023 AED 340,000; 2024 AED 350,000; 2025 AED 350,000New contract, February 2013: AED 330,000 a yearNew contract, July 2015: AED 320,000 a yearNew contract, May 2022: AED 445,000 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 3, and where V157 sits

All 32 4-beds →

V157 last sold in May 2024 at AED 1,956 per sqft, in line with what four-beds in Deema 3 were fetching at the time (AED 2,014).

Recent 4-bed salesVilla no.Price (AED)Summary
25 Jun 202511,000,000
14 Aug 20247,775,000
2 Apr 202412,500,000
29 Aug 20236,800,000
0 4-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 →

V157, Deema 3 in numbers

  • Sold twice: first on 19 August 2010 for AED 5,611,888, last on 22 May 2024 for AED 7,875,000 (AED 1,956 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 330,000 to AED 445,000 a year.
  • At AED 445,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 22 May 2024.

Questions about V157, Deema 3

What did villa V157 last sell for?

AED 7,875,000 on 22 May 2024: AED 1,956 per sqft for 4,024 sqft. The villa has 2 registered sales; the first was AED 5,611,888 in August 2010.

What is the rent for villa V157?

AED 445,000 a year on the contract signed on 8 May 2022. The previous contract, from July 2015, was AED 320,000; the villa has been rented since February 2013.

How big is villa V157?

4,024 sqft (373.8 sqm): a four-bedroom villa in Deema 3, completed in 2003.

What is villa V157 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 V157, Deema 3

Starts from the last sale price (AED 7.88M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,875,000
Deposit, UAE resident (20%)
AED 1,575,000
Deposit, non-resident (40%)
AED 3,150,000
Monthly over 25 years at 3.7%
AED 32,219

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