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3-bed · 2,567 sqftZulal 1, The Lakes · completed 2009

V049, Zulal 1

Sold prices and rental history: sold 4 times, last in September 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V049 · DLD and Ejari recordsUpdated 4 September 2019
Last soldAED 2.35M4 September 2019
Current rentAED 175K /yr1 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V049, Zulal 1

What is V049 worth today?

Last sold for AED 2,350,000 in 2019

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4 Sep 2019SoldReady
AED 2,350,000AED 915 per sqft
1 Sep 2018RentedNew contract
AED 175,000/yr12 months · AED 68 per sqft
12 Nov 2017SoldReady
AED 2,400,000AED 934 per sqft
1 Sep 2017RentedRenewal
AED 180,000/yr12 months · AED 70 per sqft
1 Sep 2016RentedRenewal
AED 200,000/yr12 months · AED 78 per sqft
1 Sep 2015RentedNew contract
AED 205,000/yr12 months · AED 80 per sqft
1 Jul 2014RentedNew contract
AED 170,000/yr12 months · AED 66 per sqft
1 Jul 2013RentedNew contract
AED 170,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 4 September 2019.

Key facts

Type
3-bed villa
Size
2,567 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,600 /yr
Last sold
AED 2.35M · September 2019
Community
Zulal 1

About V049, Zulal 1

V049 is a three-bedroom villa of 2,567 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 4 September 2019 for AED 2,350,000, or AED 915 per sqft, in line with the AED 899 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2018, is AED 175,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for V049 over time

Sales
Villa V049, 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, October 2010: AED 2,406,462 (AED 937 per sqft)Sold, March 2012: AED 2,470,000 (AED 962 per sqft)Sold, November 2017: AED 2,400,000 (AED 934 per sqft)Sold, September 2019: AED 2,350,000 (AED 915 per sqft)

V049 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V049, 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, July 2013: AED 170,000 a yearNew contract, July 2014: AED 170,000 a yearNew contract, September 2015: AED 205,000 a yearRenewal, September 2016: AED 200,000 a yearRenewal, September 2017: AED 180,000 a yearNew contract, September 2018: AED 175,000 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 V049 sits

All 150 3-beds →

V049 last sold in September 2019 at AED 915 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 899). V049's AED 175,000 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 →

V049, Zulal 1 in numbers

  • Sold 4 times: first on 14 October 2010 for AED 2,406,462, last on 4 September 2019 for AED 2,350,000 (AED 915 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 170,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 10,600 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 4 September 2019.

Questions about V049, Zulal 1

What did villa V049 last sell for?

AED 2,350,000 on 4 September 2019: AED 915 per sqft for 2,567 sqft. The villa has 4 registered sales; the first was AED 2,406,462 in October 2010.

What is the rent for villa V049?

AED 175,000 a year on the contract signed on 1 September 2018. The previous contract, from September 2017, was AED 180,000; the villa has been rented since July 2013.

How big is villa V049?

2,567 sqft (238.5 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V049 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 V049, Zulal 1

Starts from the last sale price (AED 2.35M, 4 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →