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3-bed · 2,713 sqftZulal 1, The Lakes · completed 2009

V053, Zulal 1

Sold prices and rental history: sold 3 times, last in August 2023, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V053 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 4.7M30 August 2023
Current rentAED 175K /yr10 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V053, Zulal 1

What is V053 worth today?

Last sold for AED 4,700,000 in 2023

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30 Aug 2023SoldReady
AED 4,700,000AED 1,732 per sqft
26 Mar 2015SoldReady
AED 3,500,000AED 1,290 per sqft
10 Mar 2013RentedNew contract
AED 175,000/yr24 months · AED 65 per sqft
2 Nov 2008Sold by developerReady
AED 1,601,100AED 590 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
3-bed villa
Size
2,713 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 4.7M · August 2023
Community
Zulal 1

About V053, Zulal 1

V053 is a three-bedroom villa of 2,713 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 30 August 2023 for AED 4,700,000, or AED 1,732 per sqft, 17% above the AED 1,480 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 10 March 2013. The current contract, signed on 10 March 2013, is AED 175,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for V053 over time

Sales
Villa V053, 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, November 2008: AED 1,601,100 (AED 590 per sqft)Sold, March 2015: AED 3,500,000 (AED 1,290 per sqft)Sold, August 2023: AED 4,700,000 (AED 1,732 per sqft)

V053 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V053, 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, March 2013: 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 V053 sits

All 150 3-beds →

V053 last sold in August 2023 at AED 1,732 per sqft, 17% above what three-beds in Zulal 1 were fetching at the time (AED 1,480). V053'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 →

V053, Zulal 1 in numbers

  • Sold 3 times: first on 2 November 2008 for AED 1,601,100, last on 30 August 2023 for AED 4,700,000 (AED 1,732 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 30 August 2023.

Questions about V053, Zulal 1

What did villa V053 last sell for?

AED 4,700,000 on 30 August 2023: AED 1,732 per sqft for 2,713 sqft. The villa has 3 registered sales; the first was AED 1,601,100 in November 2008.

What is the rent for villa V053?

AED 175,000 a year on the contract signed on 10 March 2013.

How big is villa V053?

2,713 sqft (252.0 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V053 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 V053, Zulal 1

Starts from the last sale price (AED 4.7M, 30 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

Plus AED 202,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →