3-bed · 2,567 sqftZulal 1, The Lakes · completed 2009

V077, Zulal 1

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V077 · DLD and Ejari recordsUpdated 10 February 2022
Last soldAED 3.08M10 February 2022
Current rentAED 135K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V077, Zulal 1

What is V077 worth today?

Last sold for AED 3,080,000 in 2022

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10 Feb 2022SoldReady
AED 3,080,000AED 1,199 per sqft
1 Oct 2021RentedRenewal
AED 135,000/yr12 months · AED 53 per sqft
1 Oct 2020RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft
15 Aug 2019RentedRenewal
AED 150,000/yr12 months · AED 58 per sqft
15 Aug 2018RentedNew contract
AED 170,000/yr12 months · AED 66 per sqft
23 Jun 2017RentedNew contract
AED 170,000/yr12 months · AED 66 per sqft
30 Jul 2014RentedRenewal
AED 178,450/yr12 months · AED 70 per sqft
30 Jul 2013RentedRenewal
AED 166,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 February 2022.

Key facts

Type
3-bed villa
Size
2,567 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,600 /yr
Last sold
AED 3.08M · February 2022
Community
Zulal 1

About V077, Zulal 1

V077 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 February 2022 for AED 3,080,000, or AED 1,199 per sqft, in line with the AED 1,193 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 135,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 10,600 a year.

Sales and rents for V077 over time

Sales
Villa V077, 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, June 2011: AED 3,200,000 (AED 1,246 per sqft)Sold, June 2011: AED 2,020,000 (AED 786 per sqft)Sold, February 2022: AED 3,080,000 (AED 1,199 per sqft)

V077 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V077, 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 2012: AED 166,000 a yearRenewal, July 2013: AED 166,000 a yearRenewal, July 2014: AED 178,450 a yearNew contract, June 2017: AED 170,000 a yearNew contract, August 2018: AED 170,000 a yearRenewal, August 2019: AED 150,000 a yearNew contract, October 2020: AED 130,000 a yearRenewal, October 2021: AED 135,000 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 V077 sits

All 150 3-beds →

V077 last sold in February 2022 at AED 1,199 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 1,193). V077's AED 135,000 is at the bottom 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 →

V077, Zulal 1 in numbers

  • Sold 3 times: first on 5 June 2011 for AED 2,020,000, last on 10 February 2022 for AED 3,080,000 (AED 1,199 per sqft).
  • Rented since July 2012 on 8 Ejari contracts, from AED 166,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 10,600 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 10 February 2022.

Questions about V077, Zulal 1

What did villa V077 last sell for?

AED 3,080,000 on 10 February 2022: AED 1,199 per sqft for 2,567 sqft. The villa has 3 registered sales; the first was AED 2,020,000 in June 2011.

What is the rent for villa V077?

AED 135,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 130,000; the villa has been rented since July 2012.

How big is villa V077?

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

What is villa V077 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 V077, Zulal 1

Starts from the last sale price (AED 3.08M, 10 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,080,000
Deposit, UAE resident (20%)
AED 616,000
Deposit, non-resident (40%)
AED 1,232,000
Monthly over 25 years at 3.7%
AED 12,601

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