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

V054, Zulal 1

Sold prices and rental history: sold 6 times, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V054 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 2.08M15 December 2019
Current rentAED 221K /yr28 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V054, Zulal 1

What is V054 worth today?

Last sold for AED 2,075,000 in 2019

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28 Jan 2025RentedRenewal
AED 220,500/yr12 months · AED 91 per sqft
28 Jan 2023RentedRenewal
AED 185,000/yr12 months · AED 76 per sqft
28 Jan 2022RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
6 Sep 2020RentedNew contract
AED 125,000/yr12 months · AED 52 per sqft
6 Jan 2020RentedRenewal
AED 169,534/yr6 months · AED 70 per sqft
15 Dec 2019SoldReady
AED 2,075,000AED 857 per sqft
6 Jan 2019RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
6 Jan 2018RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type
3-bed villa
Size
2,421 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,000 /yr
Last sold
AED 2.08M · December 2019
Community
Zulal 1

About V054, Zulal 1

V054 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 15 December 2019 for AED 2,075,000, or AED 857 per sqft, 5% below the AED 899 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 28 January 2025, is AED 220,500 a year: a gross yield of 10.6% on the 2019 price, before the service charge of about AED 10,000 a year.

Sales and rents for V054 over time

Sales
Villa V054, 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, July 2008: AED 2,358,777 (AED 974 per sqft)Sold, July 2008: AED 3,005,000 (AED 1,241 per sqft)Sold, August 2011: AED 2,050,000 (AED 846 per sqft)Sold, April 2013: AED 3,000,000 (AED 1,239 per sqft)Sold, June 2013: AED 3,185,000 (AED 1,315 per sqft)Sold, December 2019: AED 2,075,000 (AED 857 per sqft)

V054 has sold 6 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V054, 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, July 2013: AED 200,000 a yearNew contract, January 2018: AED 170,000 a yearRenewal, January 2019: AED 170,000 a yearRenewal, January 2020: AED 169,534 a yearNew contract, September 2020: AED 125,000 a yearNew contract, January 2022: AED 185,000 a yearRenewal, January 2023: AED 185,000 a yearRenewal, January 2025: AED 220,500 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 V054 sits

All 150 3-beds →

V054 last sold in December 2019 at AED 857 per sqft, 5% below what three-beds in Zulal 1 were fetching at the time (AED 899). V054's AED 220,500 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 →

V054, Zulal 1 in numbers

  • Sold 6 times: first on 13 July 2008 for AED 3,005,000, last on 15 December 2019 for AED 2,075,000 (AED 857 per sqft).
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 200,000 to AED 125,000 in 2020 and recovered to AED 220,500 by January 2025.
  • At AED 220,500 a year the gross yield on the 2019 price is 10.6%, before a service charge of about AED 10,000 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 28 January 2025.

Questions about V054, Zulal 1

What did villa V054 last sell for?

AED 2,075,000 on 15 December 2019: AED 857 per sqft for 2,421 sqft. The villa has 6 registered sales; the first was AED 3,005,000 in July 2008.

What is the rent for villa V054?

AED 220,500 a year on the contract renewed on 28 January 2025. The previous contract, from January 2023, was AED 185,000; the villa has been rented since July 2013.

How big is villa V054?

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

What is villa V054 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 V054, Zulal 1

Starts from the last sale price (AED 2.08M, 15 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

Plus AED 92,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →