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3-bed · 3,050 sqftForat, The Lakes · completed 2005

V015, Forat

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

Villa V015 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 4.18M24 July 2013
Current rentAED 350K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V015, Forat

What is V015 worth today?

Last sold for AED 4,175,000 in 2013

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15 Apr 2025RentedNew contract
AED 350,000/yr12 months · AED 115 per sqft
28 Jan 2024RentedNew contract
AED 260,000/yr24 months · AED 85 per sqft
28 Jan 2023RentedRenewal
AED 225,000/yr12 months · AED 74 per sqft
28 Jan 2022RentedRenewal
AED 200,000/yr12 months · AED 66 per sqft
28 Jan 2020RentedRenewal
AED 190,000/yr12 months · AED 62 per sqft
26 Jul 2018RentedRenewal
AED 225,000/yr6 months · AED 74 per sqft
26 Jul 2016RentedRenewal
AED 225,000/yr12 months · AED 74 per sqft
25 Jul 2015RentedNew contract
AED 224,397/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
3-bed villa
Size
3,050 sqft
Developer
Emaar
Completed
2005
Service charge
AED 12,600 /yr
Last sold
AED 4.18M · July 2013
Community
Forat

About V015, Forat

V015 is a three-bedroom villa of 3,050 sqft in Forat, a villa community in The Lakes completed in 2005 by Emaar. It last sold on 24 July 2013 for AED 4,175,000, or AED 1,368 per sqft, in line with the AED 1,368 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 April 2025, is AED 350,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for V015 over time

Sales
Villa V015, each saleTypical three-bed in Forat
2M4M6M2008201320182023Typical 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, June 2010: AED 2,879,822 (AED 944 per sqft)Sold, July 2013: AED 4,175,000 (AED 1,368 per sqft)

V015 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V015, 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 282,500New contract, July 2015: AED 224,397 a yearRenewal, July 2016: AED 225,000 a yearRenewal, July 2018: AED 225,000 a yearRenewal, January 2020: AED 190,000 a yearRenewal, January 2022: AED 200,000 a yearRenewal, January 2023: AED 225,000 a yearNew contract, January 2024: AED 260,000 a yearNew contract, April 2025: AED 350,000 a year

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 V015 sits

All 59 3-beds →

V015 last sold in July 2013 at AED 1,368 per sqft, in line with what three-beds in Forat were fetching at the time (AED 1,368). V015's AED 350,000 is at the top of that range.

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 →

V015, Forat in numbers

  • Sold twice: first on 30 June 2010 for AED 2,879,822, last on 24 July 2013 for AED 4,175,000 (AED 1,368 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 224,397 to AED 190,000 in 2020 and recovered to AED 350,000 by April 2025.
  • At AED 350,000 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 12,600 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 15 April 2025.

Questions about V015, Forat

What did villa V015 last sell for?

AED 4,175,000 on 24 July 2013: AED 1,368 per sqft for 3,050 sqft. The villa has 2 registered sales; the first was AED 2,879,822 in June 2010.

What is the rent for villa V015?

AED 350,000 a year on the contract signed on 15 April 2025. The previous contract, from January 2024, was AED 260,000; the villa has been rented since July 2015.

How big is villa V015?

3,050 sqft (283.4 sqm): a three-bedroom villa in Forat, completed in 2005.

What is villa V015 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 V015, Forat

Starts from the last sale price (AED 4.18M, 24 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,175,000
Deposit, UAE resident (20%)
AED 835,000
Deposit, non-resident (40%)
AED 1,670,000
Monthly over 25 years at 3.7%
AED 17,081

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