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3-bed · 2,881 sqftForat, The Lakes · completed 2005

V003, Forat

Sold prices and rental history: sold 6 times, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V003 · DLD and Ejari recordsUpdated 16 August 2022
Last soldAED 4.4M16 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V003, Forat

What is V003 worth today?

Last sold for AED 4,400,000 in 2022

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16 Aug 2022SoldReady
AED 4,400,000AED 1,527 per sqft
24 Feb 2013SoldReady
AED 4,000,000AED 1,388 per sqft
12 Jun 2012SoldReady
AED 3,150,000AED 1,093 per sqft
16 Aug 2010SoldReady
AED 1,312,500AED 455 per sqft
26 Mar 2009Sold by developerReady
AED 3,025,321AED 1,050 per sqft
26 Mar 2009SoldReady
AED 2,500,000AED 867 per sqft

Source: Dubai Land Department. Updated 16 August 2022.

Key facts

Type
3-bed villa
Size
2,881 sqft
Developer
Emaar
Completed
2005
Service charge
AED 11,900 /yr
Last sold
AED 4.4M · August 2022
Community
Forat

About V003, Forat

V003 is a three-bedroom villa of 2,881 sqft in Forat, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 16 August 2022 for AED 4,400,000, or AED 1,527 per sqft, in line with the AED 1,495 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V003 over time

Sales
Villa V003, each saleTypical three-bed in Forat
2.5M5M2008201320182023Typical sale price by year: 2008 AED 2,513,337; 2009 AED 2,635,591; 2010 AED 2,737,955; 2011 AED 2,825,000; 2012 AED 3,050,000; 2013 AED 3,200,000; 2014 AED 4,400,000; 2015 AED 3,750,000; 2020 AED 2,637,500; 2021 AED 3,487,500; 2022 AED 3,850,000; 2023 AED 4,100,000; 2024 AED 6,300,000Sold by developer, March 2009: AED 3,025,321 (AED 1,050 per sqft)Sold, March 2009: AED 2,500,000 (AED 867 per sqft)Sold, August 2010: AED 1,312,500 (AED 455 per sqft)Sold, June 2012: AED 3,150,000 (AED 1,093 per sqft)Sold, February 2013: AED 4,000,000 (AED 1,388 per sqft)Sold, August 2022: AED 4,400,000 (AED 1,527 per sqft)

V003 has sold 6 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V003, each contractTypical three-bed in Forat
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 210,000; 2014 AED 220,000; 2015 AED 230,000; 2016 AED 223,757; 2017 AED 214,725; 2018 AED 200,000; 2019 AED 180,000; 2020 AED 167,500; 2021 AED 169,000; 2022 AED 180,000; 2023 AED 234,500; 2024 AED 265,000; 2025 AED 282,500

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Forat, and where V003 sits

All 59 3-beds →

V003 last sold in August 2022 at AED 1,527 per sqft, in line with what three-beds in Forat were fetching at the time (AED 1,495).

Recent 3-bed salesVilla no.Price (AED)Summary
8 Oct 20245,280,000
8 Aug 20245,200,000
29 Apr 20246,500,000
20 Mar 20246,500,000
0 3-bed sales in the last 12 months

Forat

Community

60 villas, 2-bed to 3-bed in The Lakes, completed in 2005 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 263K /yr
Typical yield
Forat, The Lakes: prices, sales and rents →

V003, Forat in numbers

  • Sold 6 times: first on 26 March 2009 for AED 2,500,000, last on 16 August 2022 for AED 4,400,000 (AED 1,527 per sqft).

Source: Dubai Land Department. Updated 16 August 2022.

Questions about V003, Forat

What did villa V003 last sell for?

AED 4,400,000 on 16 August 2022: AED 1,527 per sqft for 2,881 sqft. The villa has 6 registered sales; the first was AED 2,500,000 in March 2009.

How big is villa V003?

2,881 sqft (267.7 sqm): a three-bedroom villa in Forat, completed in 2005.

What is villa V003 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 V003, Forat

Starts from the last sale price (AED 4.4M, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

Plus AED 189,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →