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

V230, Deema 4

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V230 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 3.8M25 January 2021
Current rentAED 230K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V230, Deema 4

What is V230 worth today?

Last sold for AED 3,800,000 in 2021

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25 Jan 2021SoldReady
AED 3,800,000AED 944 per sqft
1 Feb 2020RentedRenewal
AED 230,000/yr12 months · AED 57 per sqft
1 Feb 2019RentedNew contract
AED 240,000/yr12 months · AED 60 per sqft
7 Jul 2016RentedNew contract
AED 275,000/yr12 months · AED 68 per sqft
1 Jul 2015RentedRenewal
AED 300,000/yr12 months · AED 75 per sqft
1 Jul 2014RentedNew contract
AED 300,000/yr12 months · AED 75 per sqft
1 Jul 2013RentedNew contract
AED 285,000/yr12 months · AED 71 per sqft
1 Jul 2012RentedNew contract
AED 270,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 3.8M · January 2021
Community
Deema 4

About V230, Deema 4

V230 is a four-bedroom villa of 4,024 sqft in Deema 4, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 25 January 2021 for AED 3,800,000, or AED 944 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 230,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 14,400 a year.

Sales and rents for V230 over time

Sales
Villa V230, 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, December 2008: AED 3,774,244 (AED 937 per sqft)Sold, January 2021: AED 3,800,000 (AED 944 per sqft)

V230 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V230, each contractTypical four-bed in Deema 4
300K2012201620202024Typical 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 2012: AED 270,000 a yearNew contract, July 2013: AED 285,000 a yearNew contract, July 2014: AED 300,000 a yearRenewal, July 2015: AED 300,000 a yearNew contract, July 2016: AED 275,000 a yearNew contract, February 2019: AED 240,000 a yearRenewal, February 2020: AED 230,000 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 V230 sits

All 26 4-beds →

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 →

V230, Deema 4 in numbers

  • Sold twice: first on 29 December 2008 for AED 3,774,244, last on 25 January 2021 for AED 3,800,000 (AED 944 per sqft).
  • Rented since July 2012 on 7 Ejari contracts, from AED 270,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 14,400 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 25 January 2021.

Questions about V230, Deema 4

What did villa V230 last sell for?

AED 3,800,000 on 25 January 2021: AED 944 per sqft for 4,024 sqft. The villa has 2 registered sales; the first was AED 3,774,244 in December 2008.

What is the rent for villa V230?

AED 230,000 a year on the contract renewed on 1 February 2020. The previous contract, from February 2019, was AED 240,000; the villa has been rented since July 2012.

How big is villa V230?

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

What is villa V230 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 V230, Deema 4

Starts from the last sale price (AED 3.8M, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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