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4-bed · 3,375 sqftDeema 3, The Lakes · completed 2003

V164, Deema 3

Sold prices and rental history: sold 3 times, last in July 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V164 · DLD and Ejari recordsUpdated 10 November 2021
Last soldAED 4M4 July 2021
Current rentAED 240K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V164, Deema 3

What is V164 worth today?

Last sold for AED 4,000,000 in 2021

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10 Nov 2021RentedNew contract
AED 240,000/yr12 months · AED 71 per sqft
4 Jul 2021SoldReady
AED 4,000,000AED 1,185 per sqft
10 Sep 2019RentedNew contract
AED 265,000/yr12 months · AED 79 per sqft
11 Jul 2013SoldReady
AED 4,600,000AED 1,362 per sqft
12 Oct 2008Sold by developerReady
AED 3,842,061AED 1,138 per sqft

Source: Dubai Land Department. Updated 10 November 2021.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 4M · July 2021
Community
Deema 3

About V164, Deema 3

V164 is a four-bedroom villa of 3,375 sqft in Deema 3, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 4 July 2021 for AED 4,000,000, or AED 1,185 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 November 2021, is AED 240,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 12,100 a year.

Sales and rents for V164 over time

Sales
Villa V164, 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, October 2008: AED 3,842,061 (AED 1,138 per sqft)Sold, July 2013: AED 4,600,000 (AED 1,362 per sqft)Sold, July 2021: AED 4,000,000 (AED 1,185 per sqft)

V164 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V164, each contractTypical four-bed in Deema 3
200K300K2012201620202024Typical 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, September 2019: AED 265,000 a yearNew contract, November 2021: AED 240,000 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 V164 sits

All 32 4-beds →
Recent 4-bed salesVilla no.Price (AED)Summary
25 Jun 202511,000,000
14 Aug 20247,775,000
22 May 20247,875,000
2 Apr 202412,500,000
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 →

V164, Deema 3 in numbers

  • Sold 3 times: first on 12 October 2008 for AED 3,842,061, last on 4 July 2021 for AED 4,000,000 (AED 1,185 per sqft).
  • Rented since September 2019 on 2 Ejari contracts, from AED 265,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 10 November 2021.

Questions about V164, Deema 3

What did villa V164 last sell for?

AED 4,000,000 on 4 July 2021: AED 1,185 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 3,842,061 in October 2008.

What is the rent for villa V164?

AED 240,000 a year on the contract signed on 10 November 2021. The previous contract, from September 2019, was AED 265,000.

How big is villa V164?

3,375 sqft (313.5 sqm): a four-bedroom villa in Deema 3, completed in 2003.

What is villa V164 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 V164, Deema 3

Starts from the last sale price (AED 4M, 4 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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