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

V198, Deema 4

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V198 · DLD and Ejari recordsUpdated 28 June 2022
Last soldAED 5M28 June 2022
Current rentAED 125K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V198, Deema 4

What is V198 worth today?

Last sold for AED 4,995,000 in 2022

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28 Jun 2022SoldReady
AED 4,995,000AED 1,480 per sqft
1 Jul 2020RentedRenewal
AED 125,000/yr12 months · AED 37 per sqft
1 Jul 2018RentedRenewal
AED 150,000/yr12 months · AED 44 per sqft
1 Jul 2017RentedRenewal
AED 150,000/yr12 months · AED 44 per sqft
1 Jul 2016RentedNew contract
AED 150,000/yr12 months · AED 44 per sqft
4 Nov 2008Sold by developerReady
AED 3,811,991AED 1,129 per sqft

Source: Dubai Land Department. Updated 28 June 2022.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 5M · June 2022
Community
Deema 4

About V198, Deema 4

V198 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 28 June 2022 for AED 4,995,000, or AED 1,480 per sqft, in line with the AED 1,444 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 125,000 a year: a gross yield of 2.5% on the 2022 price, before the service charge of about AED 12,100 a year.

Sales and rents for V198 over time

Sales
Villa V198, 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, November 2008: AED 3,811,991 (AED 1,129 per sqft)Sold, June 2022: AED 4,995,000 (AED 1,480 per sqft)

V198 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V198, each contractTypical four-bed in Deema 4
200K2012201620202024Typical 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, July 2016: AED 150,000 a yearRenewal, July 2017: AED 150,000 a yearRenewal, July 2018: AED 150,000 a yearRenewal, July 2020: AED 125,000 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 4, and where V198 sits

All 26 4-beds →

V198 last sold in June 2022 at AED 1,480 per sqft, in line with what four-beds in Deema 4 were fetching at the time (AED 1,444). 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 →

V198, Deema 4 in numbers

  • Sold twice: first on 4 November 2008 for AED 3,811,991, last on 28 June 2022 for AED 4,995,000 (AED 1,480 per sqft).
  • Rented since July 2016 on 4 Ejari contracts, from AED 150,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 2.5%, 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 28 June 2022.

Questions about V198, Deema 4

What did villa V198 last sell for?

AED 4,995,000 on 28 June 2022: AED 1,480 per sqft for 3,375 sqft. The villa has 2 registered sales; the first was AED 3,811,991 in November 2008.

What is the rent for villa V198?

AED 125,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2018, was AED 150,000; the villa has been rented since July 2016.

How big is villa V198?

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

What is villa V198 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 V198, Deema 4

Starts from the last sale price (AED 5M, 28 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,995,000
Deposit, UAE resident (20%)
AED 999,000
Deposit, non-resident (40%)
AED 1,998,000
Monthly over 25 years at 3.7%
AED 20,436

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