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3-bed · 2,771 sqftZulal 1, The Lakes · completed 2009

V101, Zulal 1

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V101 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 3.8M21 June 2023
Current rentAED 210K /yr28 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V101, Zulal 1

What is V101 worth today?

Last sold for AED 3,800,000 in 2023

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21 Jun 2023SoldReady
AED 3,800,000AED 1,371 per sqft
28 Sep 2022RentedRenewal
AED 210,000/yr12 months · AED 76 per sqft
28 Sep 2021RentedRenewal
AED 180,000/yr12 months · AED 65 per sqft
28 Sep 2020RentedRenewal
AED 160,000/yr12 months · AED 58 per sqft
28 Sep 2019RentedRenewal
AED 175,000/yr12 months · AED 63 per sqft
28 Sep 2018RentedRenewal
AED 190,000/yr12 months · AED 69 per sqft
1 Aug 2016RentedNew contract
AED 242,000/yr12 months · AED 87 per sqft
1 Aug 2015RentedNew contract
AED 223,385/yr13 months · AED 81 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
3-bed villa
Size
2,771 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 3.8M · June 2023
Community
Zulal 1

About V101, Zulal 1

V101 is a three-bedroom villa of 2,771 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 21 June 2023 for AED 3,800,000, or AED 1,371 per sqft, 4% below the AED 1,424 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 28 September 2022, is AED 210,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 11,500 a year.

Sales and rents for V101 over time

Sales
Villa V101, 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 2008: AED 2,665,888 (AED 962 per sqft)Sold, June 2023: AED 3,800,000 (AED 1,371 per sqft)

V101 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V101, 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, September 2012: AED 165,000 a yearRenewal, September 2013: AED 200,000 a yearRenewal, September 2014: AED 200,000 a yearNew contract, August 2015: AED 223,385 a yearNew contract, August 2016: AED 242,000 a yearRenewal, September 2018: AED 190,000 a yearRenewal, September 2019: AED 175,000 a yearRenewal, September 2020: AED 160,000 a yearRenewal, September 2021: AED 180,000 a yearRenewal, September 2022: AED 210,000 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 V101 sits

All 150 3-beds →

V101 last sold in June 2023 at AED 1,371 per sqft, 4% below what three-beds in Zulal 1 were fetching at the time (AED 1,424). V101's AED 210,000 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 →

V101, Zulal 1 in numbers

  • Sold twice: first on 24 June 2008 for AED 2,665,888, last on 21 June 2023 for AED 3,800,000 (AED 1,371 per sqft).
  • Rented since September 2012 on 10 Ejari contracts, from AED 165,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 11,500 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 21 June 2023.

Questions about V101, Zulal 1

What did villa V101 last sell for?

AED 3,800,000 on 21 June 2023: AED 1,371 per sqft for 2,771 sqft. The villa has 2 registered sales; the first was AED 2,665,888 in June 2008.

What is the rent for villa V101?

AED 210,000 a year on the contract renewed on 28 September 2022. The previous contract, from September 2021, was AED 180,000; the villa has been rented since September 2012.

How big is villa V101?

2,771 sqft (257.4 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V101 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 V101, Zulal 1

Starts from the last sale price (AED 3.8M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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