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3-bed · 2,711 sqftZulal 1, The Lakes · completed 2009

V009, Zulal 1

Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V009 · DLD and Ejari recordsUpdated 20 May 2022
Last soldAED 3.45M20 May 2022
Current rentAED 62K /yr20 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V009, Zulal 1

What is V009 worth today?

Last sold for AED 3,450,000 in 2022

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20 May 2022SoldReady
AED 3,450,000AED 1,272 per sqft
20 Feb 2019RentedNew contract · flagged as an outlier
AED 61,950/yr12 months · AED 23 per sqft
1 Aug 2018RentedRenewal
AED 219,999/yr4 months · AED 81 per sqft
1 Aug 2017RentedRenewal
AED 220,000/yr12 months · AED 81 per sqft
23 Nov 2015SoldReady
AED 3,450,000AED 1,272 per sqft
30 Oct 2014RentedNew contract
AED 220,000/yr12 months · AED 81 per sqft
16 Jun 2008Sold by developerReady
AED 3,048,888AED 1,124 per sqft
16 Jun 2008SoldReady
AED 3,429,952AED 1,265 per sqft

Source: Dubai Land Department. Updated 20 May 2022.

Key facts

Type
3-bed villa
Size
2,711 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 3.45M · May 2022
Community
Zulal 1

About V009, Zulal 1

V009 is a three-bedroom villa of 2,711 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 20 May 2022 for AED 3,450,000, or AED 1,272 per sqft, 3% below the AED 1,316 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 February 2019, is AED 61,950 a year: a gross yield of 1.8% on the 2022 price, before the service charge of about AED 11,200 a year.

Sales and rents for V009 over time

Sales
Villa V009, 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, June 2008: AED 3,048,888 (AED 1,124 per sqft)Sold, June 2008: AED 3,429,952 (AED 1,265 per sqft)Sold, November 2015: AED 3,450,000 (AED 1,272 per sqft)Sold, May 2022: AED 3,450,000 (AED 1,272 per sqft)

V009 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V009, 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, October 2014: AED 220,000 a yearRenewal, August 2017: AED 220,000 a yearRenewal, August 2018: AED 219,999 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 V009 sits

All 150 3-beds →

V009 last sold in May 2022 at AED 1,272 per sqft, 3% below what three-beds in Zulal 1 were fetching at the time (AED 1,316). V009's AED 61,950 is at the bottom 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 →

V009, Zulal 1 in numbers

  • Sold 4 times: first on 16 June 2008 for AED 3,429,952, last on 20 May 2022 for AED 3,450,000 (AED 1,272 per sqft).
  • Rented since October 2014 on 4 Ejari contracts, from AED 220,000 to AED 61,950 a year.
  • At AED 61,950 a year the gross yield on the 2022 price is 1.8%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 20 May 2022.

Questions about V009, Zulal 1

What did villa V009 last sell for?

AED 3,450,000 on 20 May 2022: AED 1,272 per sqft for 2,711 sqft. The villa has 4 registered sales; the first was AED 3,429,952 in June 2008.

What is the rent for villa V009?

AED 61,950 a year on the contract signed on 20 February 2019. The previous contract, from August 2018, was AED 219,999; the villa has been rented since October 2014.

How big is villa V009?

2,711 sqft (251.9 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V009 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 V009, Zulal 1

Starts from the last sale price (AED 3.45M, 20 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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