3-bed · 2,710 sqftZulal 1, The Lakes · completed 2009

V007, Zulal 1

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V007 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 4.6M5 March 2024
Current rentAED 265K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V007, Zulal 1

What is V007 worth today?

Last sold for AED 4,600,000 in 2024

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15 Jul 2025RentedRenewal
AED 265,000/yr12 months · AED 98 per sqft
15 Jul 2024RentedNew contract
AED 265,000/yr12 months · AED 98 per sqft
5 Mar 2024SoldReady
AED 4,600,000AED 1,697 per sqft
17 Mar 2023RentedRenewal
AED 190,000/yr12 months · AED 70 per sqft
17 Mar 2022RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
15 Jan 2021RentedRenewal
AED 130,000/yr12 months · AED 48 per sqft
15 Jan 2020RentedNew contract
AED 140,000/yr12 months · AED 52 per sqft
5 Dec 2018RentedRenewal
AED 169,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
3-bed villa
Size
2,710 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 4.6M · March 2024
Community
Zulal 1

About V007, Zulal 1

V007 is a three-bedroom villa of 2,710 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 5 March 2024 for AED 4,600,000, or AED 1,697 per sqft, in line with the AED 1,689 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 265,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for V007 over time

Sales
Villa V007, 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 2009: AED 3,048,888 (AED 1,125 per sqft)Sold, December 2012: AED 2,875,000 (AED 1,061 per sqft)Sold, March 2024: AED 4,600,000 (AED 1,697 per sqft)

V007 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V007, 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, April 2013: AED 190,000 a yearNew contract, April 2013: AED 190,000 a yearNew contract, April 2014: AED 207,000 a yearNew contract, May 2015: AED 210,000 a yearNew contract, December 2016: AED 180,000 a yearRenewal, December 2017: AED 180,000 a yearRenewal, December 2018: AED 169,000 a yearNew contract, January 2020: AED 140,000 a yearRenewal, January 2021: AED 130,000 a yearNew contract, March 2022: AED 190,000 a yearRenewal, March 2023: AED 190,000 a yearNew contract, July 2024: AED 265,000 a yearRenewal, July 2025: AED 265,000 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 V007 sits

All 150 3-beds →

V007 last sold in March 2024 at AED 1,697 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 1,689). V007's AED 265,000 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 →

V007, Zulal 1 in numbers

  • Sold 3 times: first on 19 November 2009 for AED 3,048,888, last on 5 March 2024 for AED 4,600,000 (AED 1,697 per sqft).
  • Rented since April 2013 on 13 Ejari contracts. The rent fell from AED 190,000 to AED 130,000 in 2021 and recovered to AED 265,000 by July 2025.
  • At AED 265,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 15 July 2025.

Questions about V007, Zulal 1

What did villa V007 last sell for?

AED 4,600,000 on 5 March 2024: AED 1,697 per sqft for 2,710 sqft. The villa has 3 registered sales; the first was AED 3,048,888 in November 2009.

What is the rent for villa V007?

AED 265,000 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 265,000; the villa has been rented since April 2013.

How big is villa V007?

2,710 sqft (251.8 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V007 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 V007, Zulal 1

Starts from the last sale price (AED 4.6M, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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