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3-bed · 2,717 sqftZulal 1, The Lakes · completed 2009

V013, Zulal 1

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V013 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 4.53M15 November 2023
Current rentAED 168K /yr5 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V013, Zulal 1

What is V013 worth today?

Last sold for AED 4,525,000 in 2023

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15 Nov 2023SoldReady
AED 4,525,000AED 1,665 per sqft
5 Aug 2022RentedRenewal
AED 168,000/yr12 months · AED 62 per sqft
10 Feb 2022SoldReady
AED 3,250,000AED 1,196 per sqft
5 Aug 2021RentedRenewal
AED 160,000/yr12 months · AED 59 per sqft
5 Aug 2019RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft
4 Sep 2017RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
29 Jul 2008Sold by developerReady
AED 3,041,888AED 1,119 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
3-bed villa
Size
2,717 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 4.53M · November 2023
Community
Zulal 1

About V013, Zulal 1

V013 is a three-bedroom villa of 2,717 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 15 November 2023 for AED 4,525,000, or AED 1,665 per sqft, 12% above the AED 1,493 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 5 August 2022, is AED 168,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for V013 over time

Sales
Villa V013, 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, July 2008: AED 3,041,888 (AED 1,119 per sqft)Sold, February 2022: AED 3,250,000 (AED 1,196 per sqft)Sold, November 2023: AED 4,525,000 (AED 1,665 per sqft)

V013 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V013, 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, September 2017: AED 190,000 a yearNew contract, August 2019: AED 180,000 a yearRenewal, August 2021: AED 160,000 a yearRenewal, August 2022: AED 168,000 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 V013 sits

All 150 3-beds →

V013 last sold in November 2023 at AED 1,665 per sqft, 12% above what three-beds in Zulal 1 were fetching at the time (AED 1,493). V013's AED 168,000 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 →

V013, Zulal 1 in numbers

  • Sold 3 times: first on 29 July 2008 for AED 3,041,888, last on 15 November 2023 for AED 4,525,000 (AED 1,665 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 190,000 to AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 15 November 2023.

Questions about V013, Zulal 1

What did villa V013 last sell for?

AED 4,525,000 on 15 November 2023: AED 1,665 per sqft for 2,717 sqft. The villa has 3 registered sales; the first was AED 3,041,888 in July 2008.

What is the rent for villa V013?

AED 168,000 a year on the contract renewed on 5 August 2022. The previous contract, from August 2021, was AED 160,000; the villa has been rented since September 2017.

How big is villa V013?

2,717 sqft (252.4 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V013 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 V013, Zulal 1

Starts from the last sale price (AED 4.53M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,525,000
Deposit, UAE resident (20%)
AED 905,000
Deposit, non-resident (40%)
AED 1,810,000
Monthly over 25 years at 3.7%
AED 18,513

Plus AED 195,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →