3-bed · 2,912 sqftGhadeer, The Lakes · completed 2007

V001, Ghadeer

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V001 · DLD and Ejari recordsUpdated 2 September 2019
Last soldAED 2.7M2 September 2019
Current rentAED 195K /yr15 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V001, Ghadeer

What is V001 worth today?

Last sold for AED 2,700,000 in 2019

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2 Sep 2019SoldReady
AED 2,700,000AED 927 per sqft
15 Aug 2018RentedRenewal
AED 195,000/yr12 months · AED 67 per sqft
15 Aug 2017RentedNew contract
AED 195,000/yr12 months · AED 67 per sqft
15 Aug 2016RentedNew contract
AED 210,000/yr12 months · AED 72 per sqft
28 Nov 2015RentedRenewal
AED 245,000/yr12 months · AED 84 per sqft
28 Nov 2013RentedNew contract
AED 240,000/yr12 months · AED 82 per sqft
1 Aug 2012RentedNew contract
AED 200,000/yr12 months · AED 69 per sqft
23 Sep 2010Sold by developerReady
AED 3,524,888AED 1,210 per sqft

Source: Dubai Land Department. Updated 2 September 2019.

Key facts

Type
3-bed villa
Size
2,912 sqft
Developer
Emaar
Completed
2007
Service charge
AED 12,100 /yr
Last sold
AED 2.7M · September 2019
Community
Ghadeer

About V001, Ghadeer

V001 is a three-bedroom villa of 2,912 sqft in Ghadeer, a villa community in The Lakes completed in 2007 by Emaar. It last sold on 2 September 2019 for AED 2,700,000, or AED 927 per sqft, in line with the AED 913 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 15 August 2018, is AED 195,000 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 12,100 a year.

Sales and rents for V001 over time

Sales
Villa V001, each saleTypical three-bed in Ghadeer
2.5M5M7.5M2010201520202025Typical sale price by year: 2010 AED 3,587,888; 2011 AED 2,928,388; 2012 AED 2,701,444; 2013 AED 3,737,888; 2014 AED 3,800,000; 2015 AED 3,700,000; 2016 AED 3,951,444; 2017 AED 3,185,000; 2018 AED 2,775,000; 2019 AED 2,325,000; 2020 AED 2,337,500; 2021 AED 3,200,000; 2022 AED 3,675,000; 2023 AED 4,762,500; 2024 AED 5,500,000; 2025 AED 7,100,000; 2026 AED 7,550,000Sold by developer, September 2010: AED 3,524,888 (AED 1,210 per sqft)Sold, September 2019: AED 2,700,000 (AED 927 per sqft)

V001 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V001, each contractTypical three-bed in Ghadeer
150K200K250K20112015201920232027Typical rent by year: 2011 AED 175,000; 2012 AED 175,000; 2013 AED 185,000; 2014 AED 207,500; 2015 AED 211,750; 2016 AED 208,120; 2017 AED 200,000; 2018 AED 187,500; 2019 AED 170,000; 2020 AED 160,000; 2021 AED 160,000; 2022 AED 180,000; 2023 AED 208,363; 2024 AED 230,000; 2025 AED 255,000; 2026 AED 270,000New contract, August 2012: AED 200,000 a yearNew contract, November 2013: AED 240,000 a yearRenewal, November 2015: AED 245,000 a yearNew contract, August 2016: AED 210,000 a yearNew contract, August 2017: AED 195,000 a yearRenewal, August 2018: AED 195,000 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 Ghadeer, and where V001 sits

All 135 3-beds →

V001 last sold in September 2019 at AED 927 per sqft, in line with what three-beds in Ghadeer were fetching at the time (AED 913). Over the last 12 months three-beds sold for AED 6,350,000 to 9,000,000, around AED 2,758 per sqft, and rent for AED 185,400 to 315,000 a year. V001's AED 195,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
9 Feb 20267,000,000
28 Jan 20266,350,000
8 Jan 20268,100,000
6 Jan 20269,000,000
5 3-bed sales in the last 12 months

Ghadeer

Community

137 villas, 2-bed to 3-bed in The Lakes, completed in 2007 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,758
Typical sale
AED 8.08M
Typical rent
AED 248K /yr
Typical yield
3.4%
Ghadeer, The Lakes: prices, sales and rents →

V001, Ghadeer in numbers

  • Sold twice: first on 23 September 2010 for AED 3,524,888, last on 2 September 2019 for AED 2,700,000 (AED 927 per sqft).
  • Rented since August 2012 on 6 Ejari contracts, from AED 200,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2019 price is 7.2%, before a service charge of about AED 12,100 a year (AED 4.14 per sqft).
  • Three-beds in Ghadeer sold for AED 6,350,000–9,000,000 in the 12 months to November 2026; the community's median across all types is AED 2,758 per sqft.

Source: Dubai Land Department. Updated 2 September 2019.

Questions about V001, Ghadeer

What did villa V001 last sell for?

AED 2,700,000 on 2 September 2019: AED 927 per sqft for 2,912 sqft. The villa has 2 registered sales; the first was AED 3,524,888 in September 2010.

What is the rent for villa V001?

AED 195,000 a year on the contract renewed on 15 August 2018. The previous contract, from August 2017, was AED 195,000; the villa has been rented since August 2012.

How big is villa V001?

2,912 sqft (270.5 sqm): a three-bedroom villa in Ghadeer, completed in 2007.

What is villa V001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ghadeer sold for AED 6,350,000 to 9,000,000 in the last 12 months, around AED 2,758 per sqft.

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Mortgage on V001, Ghadeer

Starts from the last sale price (AED 2.7M, 2 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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