Home
Dubai prices
About
Research
3-bed · 2,567 sqftZulal 1, The Lakes · completed 2009

V055, Zulal 1

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V055 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 4.7M10 November 2023
Current rentAED 255K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V055

Property timeline for V055, Zulal 1

What is V055 worth today?

Last sold for AED 4,700,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2023RentedNew contract
AED 254,924/yr10 months · AED 99 per sqft
10 Nov 2023SoldReady
AED 4,700,000AED 1,830 per sqft
1 Dec 2022RentedRenewal
AED 200,000/yr12 months · AED 78 per sqft
1 Dec 2021RentedRenewal
AED 200,000/yr12 months · AED 78 per sqft
1 Dec 2019RentedNew contract
AED 200,000/yr24 months · AED 78 per sqft
29 Nov 2018RentedRenewal
AED 230,000/yr12 months · AED 90 per sqft
29 Nov 2017RentedNew contract
AED 230,000/yr12 months · AED 90 per sqft
5 Aug 2012SoldReady
AED 1,325,000AED 516 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed villa
Size
2,567 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,600 /yr
Last sold
AED 4.7M · November 2023
Community
Zulal 1

About V055, Zulal 1

V055 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 10 November 2023 for AED 4,700,000, or AED 1,830 per sqft, 23% above the AED 1,490 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 December 2023, is AED 254,924 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 10,600 a year.

Sales and rents for V055 over time

Sales
Villa V055, 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 2,817,742 (AED 1,097 per sqft)Sold, June 2008: AED 3,265,000 (AED 1,271 per sqft)Sold, August 2012: AED 1,325,000 (AED 516 per sqft)Sold, November 2023: AED 4,700,000 (AED 1,830 per sqft)

V055 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V055, 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, November 2017: AED 230,000 a yearRenewal, November 2018: AED 230,000 a yearNew contract, December 2019: AED 200,000 a yearRenewal, December 2021: AED 200,000 a yearRenewal, December 2022: AED 200,000 a yearNew contract, December 2023: AED 254,924 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 V055 sits

All 150 3-beds →

V055 last sold in November 2023 at AED 1,830 per sqft, 23% above what three-beds in Zulal 1 were fetching at the time (AED 1,490). V055's AED 254,924 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 →

V055, Zulal 1 in numbers

  • Sold 4 times: first on 22 June 2008 for AED 3,265,000, last on 10 November 2023 for AED 4,700,000 (AED 1,830 per sqft).
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 230,000 to AED 200,000 in 2022 and recovered to AED 254,924 by December 2023.
  • At AED 254,924 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 10,600 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about V055, Zulal 1

What did villa V055 last sell for?

AED 4,700,000 on 10 November 2023: AED 1,830 per sqft for 2,567 sqft. The villa has 4 registered sales; the first was AED 3,265,000 in June 2008.

What is the rent for villa V055?

AED 254,924 a year on the contract signed on 1 December 2023. The previous contract, from December 2022, was AED 200,000; the villa has been rented since November 2017.

How big is villa V055?

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

What is villa V055 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V055? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V055, Zulal 1

Starts from the last sale price (AED 4.7M, 10 November 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →