V022, Zulal 1
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V022, Zulal 1
What is V022 worth today?
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Source: Dubai Land Department. Updated 9 August 2024.
Key facts
- Type
- 3-bed villa
- Size
- 2,711 sqft
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 11,200 /yr
- Last sold
- AED 5.6M · August 2024
- Community
- Zulal 1
About V022, Zulal 1
V022 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 9 August 2024 for AED 5,600,000, or AED 2,065 per sqft, 13% above the AED 1,830 three-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 149,500 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 11,200 a year.
Sales and rents for V022 over time
V022 has sold 4 times; the dashed line is the three-bed median of each year in the community.
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 V022 sits
All 150 3-beds →V022 last sold in August 2024 at AED 2,065 per sqft, 13% above what three-beds in Zulal 1 were fetching at the time (AED 1,830). V022's AED 149,500 is in the lower half of that range.
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202524 September 2025 | 2,240 sqft | 7,100,000 | 3,169 | ||
| 4 Sep 20254 September 2025 | 2,233 sqft | 5,200,000 | 2,328 | ||
| 11 Aug 202511 August 2025 | 3,013 sqft | 6,950,000 | 2,306 | ||
| 7 Aug 20257 August 2025 | 3,013 sqft | 6,800,000 | 2,257 |
Zulal 1
Community150 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
V022, Zulal 1 in numbers
- Sold 4 times: first on 27 August 2008 for AED 2,604,417, last on 9 August 2024 for AED 5,600,000 (AED 2,065 per sqft).
- Rented since May 2012 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2021 and recovered to AED 149,500 by October 2022.
- At AED 149,500 a year the gross yield on the 2024 price is 2.7%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).
Source: Dubai Land Department. Updated 9 August 2024.
Questions about V022, Zulal 1
What did villa V022 last sell for?
AED 5,600,000 on 9 August 2024: AED 2,065 per sqft for 2,711 sqft. The villa has 4 registered sales; the first was AED 2,604,417 in August 2008.
What is the rent for villa V022?
AED 149,500 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 130,000; the villa has been rented since May 2012.
How big is villa V022?
2,711 sqft (251.9 sqm): a three-bedroom villa in Zulal 1, completed in 2009.
What is villa V022 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 V022, Zulal 1
Starts from the last sale price (AED 5.6M, 9 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,600,000
- Deposit, UAE resident (20%)
- AED 1,120,000
- Deposit, non-resident (40%)
- AED 2,240,000
- Monthly over 25 years at 3.7%
- AED 22,911
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →