3-bed · 2,425 sqftZulal 1, The Lakes · completed 2009

V002, Zulal 1

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V002 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.24M27 September 2010
Current rentAED 240K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V002, Zulal 1

What is V002 worth today?

Last sold for AED 1,243,485 in 2010

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1 Jan 2026RentedRenewal
AED 240,000/yr12 months · AED 99 per sqft
1 Jan 2025RentedRenewal
AED 240,000/yr12 months · AED 99 per sqft
1 Jan 2023RentedRenewal
AED 159,500/yr12 months · AED 66 per sqft
1 Jan 2022RentedRenewal
AED 145,000/yr12 months · AED 60 per sqft
1 Jan 2021RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft
1 Jan 2019RentedRenewal
AED 165,165/yr12 months · AED 68 per sqft
1 Jan 2017RentedRenewal
AED 165,165/yr12 months · AED 68 per sqft
1 Jan 2016RentedRenewal
AED 165,165/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
3-bed villa
Size
2,425 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,000 /yr
Last sold
AED 1.24M · September 2010
Community
Zulal 1

About V002, Zulal 1

V002 is a three-bedroom villa of 2,425 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 27 September 2010 for AED 1,243,485, or AED 512 per sqft, 45% below the AED 939 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 240,000 a year: a gross yield of 19.3% on the 2010 price, before the service charge of about AED 10,000 a year.

Sales and rents for V002 over time

Sales
Villa V002, each saleTypical three-bed in Zulal 1
2.5M5M2008201320182023Typical 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, September 2010: AED 1,243,485 (AED 512 per sqft)

V002 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V002, 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 290,000New contract, January 2013: AED 130,000 a yearNew contract, January 2014: AED 143,000 a yearRenewal, January 2016: AED 165,165 a yearRenewal, January 2017: AED 165,165 a yearRenewal, January 2019: AED 165,165 a yearRenewal, January 2021: AED 160,000 a yearRenewal, January 2022: AED 145,000 a yearRenewal, January 2023: AED 159,500 a yearRenewal, January 2025: AED 240,000 a yearRenewal, January 2026: AED 240,000 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 Zulal 1, and where V002 sits

All 150 3-beds →

V002 last sold in September 2010 at AED 512 per sqft, 45% below what three-beds in Zulal 1 were fetching at the time (AED 939). V002's AED 240,000 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 →

V002, Zulal 1 in numbers

  • Sold once: by Emaar on 27 September 2010 for AED 1,243,485, or AED 512 per sqft.
  • Rented since January 2013 on 10 Ejari contracts, from AED 130,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2010 price is 19.3%, before a service charge of about AED 10,000 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about V002, Zulal 1

What did villa V002 last sell for?

AED 1,243,485 on 27 September 2010, sold by the developer: AED 512 per sqft for 2,425 sqft. It is the only registered sale of the villa.

What is the rent for villa V002?

AED 240,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 240,000; the villa has been rented since January 2013.

How big is villa V002?

2,425 sqft (225.3 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V002 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 V002, Zulal 1

Starts from the last sale price (AED 1.24M, 27 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,243,485
Deposit, UAE resident (20%)
AED 248,697
Deposit, non-resident (40%)
AED 497,394
Monthly over 25 years at 3.7%
AED 5,087

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