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3-bed · 2,421 sqftZulal 1, The Lakes · completed 2009

V052, Zulal 1

Sold prices and rental history: sold 4 times, last in January 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V052 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 3.6M17 January 2023
Current rentAED 180K /yr7 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V052, Zulal 1

What is V052 worth today?

Last sold for AED 3,600,000 in 2023

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17 Jan 2023SoldReady
AED 3,600,000AED 1,487 per sqft
20 Oct 2016SoldReady
AED 2,900,000AED 1,198 per sqft
7 Aug 2014RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
11 Apr 2013RentedNew contract
AED 207,300/yr15 months · AED 86 per sqft
21 Sep 2012RentedNew contract
AED 80,000/yr6 months · AED 33 per sqft
16 Jun 2008Sold by developerReady
AED 1,577,500AED 651 per sqft
16 Jun 2008SoldReady
AED 2,358,777AED 974 per sqft

Source: Dubai Land Department. Updated 17 January 2023.

Key facts

Type
3-bed villa
Size
2,421 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,000 /yr
Last sold
AED 3.6M · January 2023
Community
Zulal 1

About V052, Zulal 1

V052 is a three-bedroom villa of 2,421 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 17 January 2023 for AED 3,600,000, or AED 1,487 per sqft, 12% above the AED 1,324 three-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 7 August 2014, is AED 180,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for V052 over time

Sales
Villa V052, each saleTypical three-bed in Zulal 1
2.5M5M2008201320182023Typical 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 1,577,500 (AED 651 per sqft)Sold, June 2008: AED 2,358,777 (AED 974 per sqft)Sold, October 2016: AED 2,900,000 (AED 1,198 per sqft)Sold, January 2023: AED 3,600,000 (AED 1,487 per sqft)

V052 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V052, 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, September 2012: AED 80,000 a yearNew contract, April 2013: AED 207,300 a yearNew contract, August 2014: AED 180,000 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 V052 sits

All 150 3-beds →

V052 last sold in January 2023 at AED 1,487 per sqft, 12% above what three-beds in Zulal 1 were fetching at the time (AED 1,324). V052's AED 180,000 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 →

V052, Zulal 1 in numbers

  • Sold 4 times: first on 16 June 2008 for AED 2,358,777, last on 17 January 2023 for AED 3,600,000 (AED 1,487 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 80,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 10,000 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 17 January 2023.

Questions about V052, Zulal 1

What did villa V052 last sell for?

AED 3,600,000 on 17 January 2023: AED 1,487 per sqft for 2,421 sqft. The villa has 4 registered sales; the first was AED 2,358,777 in June 2008.

What is the rent for villa V052?

AED 180,000 a year on the contract signed on 7 August 2014. The previous contract, from April 2013, was AED 207,300; the villa has been rented since September 2012.

How big is villa V052?

2,421 sqft (224.9 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V052 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 V052, Zulal 1

Starts from the last sale price (AED 3.6M, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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