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

V187, Deema 4

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V187 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 1.35M31 August 2015
Current rentAED 243K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V187, Deema 4

What is V187 worth today?

Last sold for AED 1,350,000 in 2015

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15 Dec 2022RentedRenewal
AED 242,550/yr12 months · AED 72 per sqft
15 Dec 2021RentedRenewal
AED 231,000/yr12 months · AED 68 per sqft
15 Dec 2019RentedRenewal
AED 240,000/yr12 months · AED 71 per sqft
15 Dec 2018RentedNew contract
AED 240,000/yr12 months · AED 71 per sqft
31 Aug 2015SoldReady
AED 1,350,000AED 400 per sqft
1 Jun 2015RentedRenewal
AED 206,195/yr12 months · AED 61 per sqft
1 Jun 2013RentedNew contract
AED 179,300/yr12 months · AED 53 per sqft
21 May 2009Sold by developerReady
AED 4,110,751AED 1,218 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 1.35M · August 2015
Community
Deema 4

About V187, Deema 4

V187 is a four-bedroom villa of 3,375 sqft in Deema 4, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 31 August 2015 for AED 1,350,000, or AED 400 per sqft, 13% above the AED 355 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 242,550 a year: a gross yield of 18.0% on the 2015 price, before the service charge of about AED 12,100 a year.

Sales and rents for V187 over time

Sales
Villa V187, each saleTypical four-bed in Deema 4
2.5M5M20082012201620202024Typical sale price by year: 2008 AED 3,811,991; 2009 AED 3,892,545; 2010 AED 3,200,000; 2011 AED 3,600,000; 2012 AED 3,951,972; 2013 AED 5,150,000; 2014 AED 6,000,000; 2015 AED 1,431,000; 2021 AED 4,800,000; 2023 AED 6,375,000Sold by developer, May 2009: AED 4,110,751 (AED 1,218 per sqft)Sold, August 2015: AED 1,350,000 (AED 400 per sqft)

V187 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V187, each contractTypical four-bed in Deema 4
200K300K2012201620202024Typical rent by year: 2012 AED 260,000; 2013 AED 277,500; 2014 AED 287,150; 2015 AED 290,000; 2016 AED 275,000; 2017 AED 284,599; 2018 AED 245,000; 2019 AED 240,000; 2020 AED 230,000; 2021 AED 231,000; 2022 AED 238,775; 2023 AED 272,138; 2024 AED 311,800; 2025 AED 350,000New contract, June 2013: AED 179,300 a yearRenewal, June 2015: AED 206,195 a yearNew contract, December 2018: AED 240,000 a yearRenewal, December 2019: AED 240,000 a yearRenewal, December 2021: AED 231,000 a yearRenewal, December 2022: AED 242,550 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 4, and where V187 sits

All 26 4-beds →

V187 last sold in August 2015 at AED 400 per sqft, 13% above what four-beds in Deema 4 were fetching at the time (AED 355). Over the last 12 months four-beds sold for AED 9,500,000, around AED 2,814 per sqft, and rent for AED 340,000 to 340,000 a year.

Recent 4-bed salesVilla no.Price (AED)Summary
19 Jan 20269,500,000
25 Apr 20247,500,000
29 Feb 20247,400,000
11 Dec 20236,600,000
1 4-bed sale in the last 12 months

Deema 4

Community

57 villas, 3-bed to 4-bed in The Lakes, completed in 2003 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 3,082
Typical sale
AED 10.05M
Typical rent
AED 340K /yr
Typical yield
2.7%
Deema 4, The Lakes: prices, sales and rents →

V187, Deema 4 in numbers

  • Sold twice: first on 21 May 2009 for AED 4,110,751, last on 31 August 2015 for AED 1,350,000 (AED 400 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 179,300 to AED 242,550 a year.
  • At AED 242,550 a year the gross yield on the 2015 price is 18.0%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).
  • Four-beds in Deema 4 sold for AED 9,500,000–9,500,000 in the 12 months to November 2026; the community's median across all types is AED 3,082 per sqft.

Source: Dubai Land Department. Updated 15 December 2022.

Questions about V187, Deema 4

What did villa V187 last sell for?

AED 1,350,000 on 31 August 2015: AED 400 per sqft for 3,375 sqft. The villa has 2 registered sales; the first was AED 4,110,751 in May 2009.

What is the rent for villa V187?

AED 242,550 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 231,000; the villa has been rented since June 2013.

How big is villa V187?

3,375 sqft (313.5 sqm): a four-bedroom villa in Deema 4, completed in 2003.

What is villa V187 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Deema 4 sold for AED 9,500,000 to 9,500,000 in the last 12 months, around AED 2,814 per sqft.

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Mortgage on V187, Deema 4

Starts from the last sale price (AED 1.35M, 31 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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