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

V075, Zulal 1

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V075 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 4.9M7 June 2024
Current rentAED 181K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V075, Zulal 1

What is V075 worth today?

Last sold for AED 4,900,000 in 2024

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7 Jun 2024SoldReady
AED 4,900,000AED 1,806 per sqft
1 Jul 2023RentedRenewal
AED 180,779/yr8 months · AED 67 per sqft
1 Jul 2022RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft
1 Jul 2021RentedRenewal
AED 162,000/yr12 months · AED 60 per sqft
1 Jul 2020RentedRenewal
AED 156,000/yr12 months · AED 58 per sqft
1 Jul 2019RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft
1 Jul 2017RentedRenewal
AED 225,000/yr12 months · AED 83 per sqft
1 Jul 2016RentedNew contract
AED 225,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
3-bed villa
Size
2,713 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 4.9M · June 2024
Community
Zulal 1

About V075, Zulal 1

V075 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 7 June 2024 for AED 4,900,000, or AED 1,806 per sqft, 4% above the AED 1,732 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 180,779 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for V075 over time

Sales
Villa V075, 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, January 2011: AED 1,619,944 (AED 597 per sqft)Sold, June 2024: AED 4,900,000 (AED 1,806 per sqft)

V075 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V075, 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, July 2016: AED 225,000 a yearRenewal, July 2017: AED 225,000 a yearRenewal, July 2019: AED 180,000 a yearRenewal, July 2020: AED 156,000 a yearRenewal, July 2021: AED 162,000 a yearRenewal, July 2022: AED 180,000 a yearRenewal, July 2023: AED 180,779 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 V075 sits

All 150 3-beds →

V075 last sold in June 2024 at AED 1,806 per sqft, 4% above what three-beds in Zulal 1 were fetching at the time (AED 1,732). V075's AED 180,779 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 →

V075, Zulal 1 in numbers

  • Sold twice: first on 10 January 2011 for AED 1,619,944, last on 7 June 2024 for AED 4,900,000 (AED 1,806 per sqft).
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 225,000 to AED 156,000 in 2020 and recovered to AED 180,779 by July 2023.
  • At AED 180,779 a year the gross yield on the 2024 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 7 June 2024.

Questions about V075, Zulal 1

What did villa V075 last sell for?

AED 4,900,000 on 7 June 2024: AED 1,806 per sqft for 2,713 sqft. The villa has 2 registered sales; the first was AED 1,619,944 in January 2011.

What is the rent for villa V075?

AED 180,779 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 180,000; the villa has been rented since July 2016.

How big is villa V075?

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

What is villa V075 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 V075, Zulal 1

Starts from the last sale price (AED 4.9M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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