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

V031, Zulal 1

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

Villa V031 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 3.5M9 January 2023
Current rentAED 345K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V031, Zulal 1

What is V031 worth today?

Last sold for AED 3,500,000 in 2023

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1 Feb 2026RentedNew contract
AED 345,000/yr6 months · AED 127 per sqft
1 Feb 2025RentedNew contract
AED 345,000/yr12 months · AED 127 per sqft
23 Oct 2023RentedNew contract
AED 190,960/yr4 months · AED 70 per sqft
9 Jan 2023SoldReady
AED 3,500,000AED 1,288 per sqft
23 Oct 2022RentedRenewal
AED 185,000/yr12 months · AED 68 per sqft
23 Oct 2021RentedNew contract
AED 185,000/yr12 months · AED 68 per sqft
20 Oct 2020RentedNew contract
AED 125,000/yr12 months · AED 46 per sqft
20 Feb 2020RentedNew contract
AED 140,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
3-bed villa
Size
2,717 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 3.5M · January 2023
Community
Zulal 1

About V031, Zulal 1

V031 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 9 January 2023 for AED 3,500,000, or AED 1,288 per sqft, in line with the AED 1,324 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 February 2026, is AED 345,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for V031 over time

Sales
Villa V031, 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 2,589,697 (AED 953 per sqft)Sold, June 2008: AED 3,270,000 (AED 1,203 per sqft)Sold, January 2023: AED 3,500,000 (AED 1,288 per sqft)

V031 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V031, each contractTypical three-bed in Zulal 1
100K200K300K2012201620202024Typical 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, August 2017: AED 175,000 a yearNew contract, February 2020: AED 140,000 a yearNew contract, October 2020: AED 125,000 a yearNew contract, October 2021: AED 185,000 a yearRenewal, October 2022: AED 185,000 a yearNew contract, October 2023: AED 190,960 a yearNew contract, February 2025: AED 345,000 a yearNew contract, February 2026: AED 345,000 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 V031 sits

All 150 3-beds →

V031 last sold in January 2023 at AED 1,288 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 1,324). V031's AED 345,000 is in the upper 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 →

V031, Zulal 1 in numbers

  • Sold 3 times: first on 29 June 2008 for AED 3,270,000, last on 9 January 2023 for AED 3,500,000 (AED 1,288 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 175,000 to AED 125,000 in 2020 and recovered to AED 345,000 by February 2026.
  • At AED 345,000 a year the gross yield on the 2023 price is 9.9%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 1 February 2026.

Questions about V031, Zulal 1

What did villa V031 last sell for?

AED 3,500,000 on 9 January 2023: AED 1,288 per sqft for 2,717 sqft. The villa has 3 registered sales; the first was AED 3,270,000 in June 2008.

What is the rent for villa V031?

AED 345,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 345,000; the villa has been rented since August 2017.

How big is villa V031?

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

What is villa V031 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 V031, Zulal 1

Starts from the last sale price (AED 3.5M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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