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

V004, Zulal 1

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V004 · DLD and Ejari recordsUpdated 11 July 2025
Last soldAED 3.75M11 July 2023
Current rentAED 250K /yr11 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V004, Zulal 1

What is V004 worth today?

Last sold for AED 3,750,000 in 2023

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11 Jul 2025RentedRenewal
AED 250,000/yr12 months · AED 112 per sqft
11 Jul 2024RentedRenewal
AED 220,000/yr12 months · AED 98 per sqft
11 Jul 2023SoldReady
AED 3,750,000AED 1,674 per sqft
11 Jul 2023RentedNew contract
AED 220,000/yr12 months · AED 98 per sqft
20 Jun 2023RentedRenewal
AED 188,957/yr8 months · AED 84 per sqft
20 Jun 2022RentedNew contract
AED 190,000/yr12 months · AED 85 per sqft
16 Jul 2021RentedRenewal
AED 170,004/yr9 months · AED 76 per sqft
16 Jul 2019RentedRenewal
AED 180,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 11 July 2025.

Key facts

Type
3-bed villa
Size
2,240 sqft
Developer
Emaar
Completed
2009
Service charge
AED 9,300 /yr
Last sold
AED 3.75M · July 2023
Community
Zulal 1

About V004, Zulal 1

V004 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 11 July 2023 for AED 3,750,000, or AED 1,674 per sqft, 15% above the AED 1,451 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 11 July 2025, is AED 250,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 9,300 a year.

Sales and rents for V004 over time

Sales
Villa V004, 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, November 2008: AED 2,504,431 (AED 1,118 per sqft)Sold, November 2008: AED 1,825,000 (AED 814 per sqft)Sold, February 2017: AED 3,100,000 (AED 1,383 per sqft)Sold, July 2023: AED 3,750,000 (AED 1,674 per sqft)

V004 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V004, 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, July 2018: AED 180,000 a yearRenewal, July 2019: AED 180,000 a yearRenewal, July 2021: AED 170,004 a yearNew contract, June 2022: AED 190,000 a yearRenewal, June 2023: AED 188,957 a yearNew contract, July 2023: AED 220,000 a yearRenewal, July 2024: AED 220,000 a yearRenewal, July 2025: AED 250,000 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 V004 sits

All 150 3-beds →

V004 last sold in July 2023 at AED 1,674 per sqft, 15% above what three-beds in Zulal 1 were fetching at the time (AED 1,451). V004's AED 250,000 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 →

V004, Zulal 1 in numbers

  • Sold 4 times: first on 12 November 2008 for AED 1,825,000, last on 11 July 2023 for AED 3,750,000 (AED 1,674 per sqft).
  • Rented since July 2018 on 8 Ejari contracts, from AED 180,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 9,300 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 11 July 2025.

Questions about V004, Zulal 1

What did villa V004 last sell for?

AED 3,750,000 on 11 July 2023: AED 1,674 per sqft for 2,240 sqft. The villa has 4 registered sales; the first was AED 1,825,000 in November 2008.

What is the rent for villa V004?

AED 250,000 a year on the contract renewed on 11 July 2025. The previous contract, from July 2024, was AED 220,000; the villa has been rented since July 2018.

How big is villa V004?

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

What is villa V004 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 V004, Zulal 1

Starts from the last sale price (AED 3.75M, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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