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3-bed · 2,240 sqftZulal 1, The Lakes · completed 2009

V001, Zulal 1

Sold prices and rental history: sold 3 times, last in March 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V001 · DLD and Ejari recordsUpdated 25 June 2022
Last soldAED 2.95M23 March 2022
Current rentAED 158K /yr25 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V001, Zulal 1

What is V001 worth today?

Last sold for AED 2,950,000 in 2022

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25 Jun 2022RentedNew contract
AED 157,500/yr12 months · AED 70 per sqft
23 Mar 2022SoldReady
AED 2,950,000AED 1,316 per sqft
25 Jun 2021RentedRenewal
AED 150,000/yr12 months · AED 67 per sqft
25 Jun 2020RentedRenewal
AED 150,000/yr12 months · AED 67 per sqft
17 Apr 2014SoldReady
AED 3,500,000AED 1,562 per sqft
30 May 2012Sold by developerReady
AED 2,805,888AED 1,252 per sqft

Source: Dubai Land Department. Updated 25 June 2022.

Key facts

Type
3-bed villa
Size
2,240 sqft
Developer
Emaar
Completed
2009
Service charge
AED 9,300 /yr
Last sold
AED 2.95M · March 2022
Community
Zulal 1

About V001, Zulal 1

V001 is a three-bedroom villa of 2,240 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 23 March 2022 for AED 2,950,000, or AED 1,316 per sqft, 10% above the AED 1,199 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 25 June 2022, is AED 157,500 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 9,300 a year.

Sales and rents for V001 over time

Sales
Villa V001, each saleTypical three-bed in Zulal 1
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,670,388; 2009 AED 2,277,801; 2010 AED 2,398,702; 2011 AED 1,950,000; 2012 AED 2,612,697; 2013 AED 3,225,000; 2014 AED 3,650,000; 2015 AED 3,100,000; 2016 AED 3,105,000; 2017 AED 3,150,000; 2018 AED 2,500,000; 2019 AED 2,263,741; 2020 AED 2,100,000; 2021 AED 2,875,000; 2022 AED 3,500,000; 2023 AED 4,000,000; 2024 AED 4,985,000; 2025 AED 6,000,000Sold by developer, May 2012: AED 2,805,888 (AED 1,252 per sqft)Sold, April 2014: AED 3,500,000 (AED 1,562 per sqft)Sold, March 2022: AED 2,950,000 (AED 1,316 per sqft)

V001 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V001, each contractTypical three-bed in Zulal 1
200K300K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 191,250; 2014 AED 204,326; 2015 AED 206,450; 2016 AED 205,000; 2017 AED 190,000; 2018 AED 175,000; 2019 AED 167,250; 2020 AED 145,116; 2021 AED 155,000; 2022 AED 170,000; 2023 AED 205,000; 2024 AED 245,549; 2025 AED 255,000; 2026 AED 290,000Renewal, June 2020: AED 150,000 a yearRenewal, June 2021: AED 150,000 a yearNew contract, June 2022: AED 157,500 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 Zulal 1, and where V001 sits

All 150 3-beds →

V001 last sold in March 2022 at AED 1,316 per sqft, 10% above what three-beds in Zulal 1 were fetching at the time (AED 1,199). V001's AED 157,500 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
24 Sep 20257,100,000
4 Sep 20255,200,000
11 Aug 20256,950,000
7 Aug 20256,800,000
0 3-bed sales in the last 12 months

Zulal 1

Community

150 villas, 3-bed in The Lakes, completed in 2009 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 280K /yr
Typical yield
Zulal 1, The Lakes: prices, sales and rents →

V001, Zulal 1 in numbers

  • Sold 3 times: first on 30 May 2012 for AED 2,805,888, last on 23 March 2022 for AED 2,950,000 (AED 1,316 per sqft).
  • Rented since June 2020 on 3 Ejari contracts, from AED 150,000 to AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 9,300 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 25 June 2022.

Questions about V001, Zulal 1

What did villa V001 last sell for?

AED 2,950,000 on 23 March 2022: AED 1,316 per sqft for 2,240 sqft. The villa has 3 registered sales; the first was AED 2,805,888 in May 2012.

What is the rent for villa V001?

AED 157,500 a year on the contract signed on 25 June 2022. The previous contract, from June 2021, was AED 150,000; the villa has been rented since June 2020.

How big is villa V001?

2,240 sqft (208.1 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V001 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 V001, Zulal 1

Starts from the last sale price (AED 2.95M, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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