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

V019, Zulal 1

Sold prices and rental history: sold 5 times, last in February 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V019 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 5.85M23 February 2024
Current rentAED 240K /yr9 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V019, Zulal 1

What is V019 worth today?

Last sold for AED 5,850,000 in 2024

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23 Feb 2024SoldReady
AED 5,850,000AED 2,158 per sqft
9 Jan 2017RentedRenewal
AED 240,000/yr3 months · AED 89 per sqft
9 Jan 2016RentedNew contract
AED 240,000/yr12 months · AED 89 per sqft
18 Feb 2015SoldReady
AED 3,700,000AED 1,365 per sqft
23 Apr 2013SoldReady
AED 3,300,000AED 1,217 per sqft
1 Feb 2013RentedNew contract · flagged as an outlier
AED 48,750/yr3 months · AED 18 per sqft
23 Sep 2008Sold by developerReady
AED 3,074,888AED 1,134 per sqft
23 Sep 2008SoldReady
AED 4,650,000AED 1,716 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
3-bed villa
Size
2,710 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 5.85M · February 2024
Community
Zulal 1

About V019, Zulal 1

V019 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 23 February 2024 for AED 5,850,000, or AED 2,158 per sqft, 29% above the AED 1,674 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 9 January 2017, is AED 240,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for V019 over time

Sales
Villa V019, 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, September 2008: AED 3,074,888 (AED 1,134 per sqft)Sold, September 2008: AED 4,650,000 (AED 1,716 per sqft)Sold, April 2013: AED 3,300,000 (AED 1,217 per sqft)Sold, February 2015: AED 3,700,000 (AED 1,365 per sqft)Sold, February 2024: AED 5,850,000 (AED 2,158 per sqft)

V019 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V019, 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, January 2016: AED 240,000 a yearRenewal, January 2017: AED 240,000 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 V019 sits

All 150 3-beds →

V019 last sold in February 2024 at AED 2,158 per sqft, 29% above what three-beds in Zulal 1 were fetching at the time (AED 1,674). V019's AED 240,000 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 →

V019, Zulal 1 in numbers

  • Sold 5 times: first on 23 September 2008 for AED 4,650,000, last on 23 February 2024 for AED 5,850,000 (AED 2,158 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 48,750 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 23 February 2024.

Questions about V019, Zulal 1

What did villa V019 last sell for?

AED 5,850,000 on 23 February 2024: AED 2,158 per sqft for 2,710 sqft. The villa has 5 registered sales; the first was AED 4,650,000 in September 2008.

What is the rent for villa V019?

AED 240,000 a year on the contract renewed on 9 January 2017. The previous contract, from January 2016, was AED 240,000; the villa has been rented since February 2013.

How big is villa V019?

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

What is villa V019 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 V019, Zulal 1

Starts from the last sale price (AED 5.85M, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,850,000
Deposit, UAE resident (20%)
AED 1,170,000
Deposit, non-resident (40%)
AED 2,340,000
Monthly over 25 years at 3.7%
AED 23,934

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