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3-bed · 2,246 sqftZulal 1, The Lakes · completed 2009

V006, Zulal 1

Sold prices and rental history: sold 5 times, last in July 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V006 · DLD and Ejari recordsUpdated 27 July 2020
Last soldAED 2.4M27 July 2020
Current rentAED 164K /yr20 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V006, Zulal 1

What is V006 worth today?

Last sold for AED 2,400,000 in 2020

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27 Jul 2020SoldReady
AED 2,400,000AED 1,068 per sqft
20 Jul 2019RentedRenewal
AED 163,680/yr12 months · AED 73 per sqft
20 Jul 2018RentedNew contract
AED 165,000/yr12 months · AED 73 per sqft
18 Jun 2018SoldReady
AED 1,300,000AED 578 per sqft
9 Mar 2014SoldReady
AED 3,700,000AED 1,647 per sqft
3 May 2013RentedNew contract
AED 160,000/yr12 months · AED 71 per sqft
17 Sep 2008Sold by developerReady
AED 2,538,382AED 1,129 per sqft
17 Sep 2008SoldReady
AED 3,800,000AED 1,691 per sqft

Source: Dubai Land Department. Updated 27 July 2020.

Key facts

Type
3-bed villa
Size
2,246 sqft
Developer
Emaar
Completed
2009
Service charge
AED 9,300 /yr
Last sold
AED 2.4M · July 2020
Community
Zulal 1

About V006, Zulal 1

V006 is a three-bedroom villa of 2,246 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 27 July 2020 for AED 2,400,000, or AED 1,068 per sqft, 22% above the AED 875 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 20 July 2019, is AED 163,680 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 9,300 a year.

Sales and rents for V006 over time

Sales
Villa V006, 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 2008: AED 2,538,382 (AED 1,129 per sqft)Sold, September 2008: AED 3,800,000 (AED 1,691 per sqft)Sold, March 2014: AED 3,700,000 (AED 1,647 per sqft)Sold, June 2018: AED 1,300,000 (AED 578 per sqft)Sold, July 2020: AED 2,400,000 (AED 1,068 per sqft)

V006 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V006, 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, May 2013: AED 160,000 a yearNew contract, July 2018: AED 165,000 a yearRenewal, July 2019: AED 163,680 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 V006 sits

All 150 3-beds →

V006 last sold in July 2020 at AED 1,068 per sqft, 22% above what three-beds in Zulal 1 were fetching at the time (AED 875). V006's AED 163,680 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 →

V006, Zulal 1 in numbers

  • Sold 5 times: first on 17 September 2008 for AED 3,800,000, last on 27 July 2020 for AED 2,400,000 (AED 1,068 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 160,000 to AED 163,680 a year.
  • At AED 163,680 a year the gross yield on the 2020 price is 6.8%, before a service charge of about AED 9,300 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 27 July 2020.

Questions about V006, Zulal 1

What did villa V006 last sell for?

AED 2,400,000 on 27 July 2020: AED 1,068 per sqft for 2,246 sqft. The villa has 5 registered sales; the first was AED 3,800,000 in September 2008.

What is the rent for villa V006?

AED 163,680 a year on the contract renewed on 20 July 2019. The previous contract, from July 2018, was AED 165,000; the villa has been rented since May 2013.

How big is villa V006?

2,246 sqft (208.7 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V006 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 V006, Zulal 1

Starts from the last sale price (AED 2.4M, 27 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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