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3-bed · 2,240 sqftZulal 1, The Lakes · completed 2009

V062, Zulal 1

Sold prices and rental history: sold 4 times, last in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V062 · DLD and Ejari recordsUpdated 7 March 2021
Last soldAED 2.6M7 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V062, Zulal 1

What is V062 worth today?

Last sold for AED 2,600,000 in 2021

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7 Mar 2021SoldReady
AED 2,600,000AED 1,160 per sqft
7 Nov 2019SoldReady
AED 2,300,000AED 1,026 per sqft
10 Dec 2009Sold by developerReady
AED 2,272,602AED 1,014 per sqft
10 Dec 2009SoldReady
AED 2,200,000AED 982 per sqft

Source: Dubai Land Department. Updated 7 March 2021.

Key facts

Type
3-bed villa
Size
2,240 sqft
Developer
Emaar
Completed
2009
Service charge
AED 9,300 /yr
Last sold
AED 2.6M · March 2021
Community
Zulal 1

About V062, Zulal 1

V062 is a three-bedroom villa of 2,240 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 7 March 2021 for AED 2,600,000, or AED 1,160 per sqft, 25% above the AED 926 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V062 over time

Sales
Villa V062, 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, December 2009: AED 2,272,602 (AED 1,014 per sqft)Sold, December 2009: AED 2,200,000 (AED 982 per sqft)Sold, November 2019: AED 2,300,000 (AED 1,026 per sqft)Sold, March 2021: AED 2,600,000 (AED 1,160 per sqft)

V062 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V062, 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 290,000

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 V062 sits

All 150 3-beds →

V062 last sold in March 2021 at AED 1,160 per sqft, 25% above what three-beds in Zulal 1 were fetching at the time (AED 926).

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 →

V062, Zulal 1 in numbers

  • Sold 4 times: first on 10 December 2009 for AED 2,200,000, last on 7 March 2021 for AED 2,600,000 (AED 1,160 per sqft).

Source: Dubai Land Department. Updated 7 March 2021.

Questions about V062, Zulal 1

What did villa V062 last sell for?

AED 2,600,000 on 7 March 2021: AED 1,160 per sqft for 2,240 sqft. The villa has 4 registered sales; the first was AED 2,200,000 in December 2009.

How big is villa V062?

2,240 sqft (208.1 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V062 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 V062, Zulal 1

Starts from the last sale price (AED 2.6M, 7 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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