3-bed · 3,013 sqftZulal 1, The Lakes · completed 2009

V102, Zulal 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V102 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 5.38M25 June 2024
Current rentAED 320K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V102, Zulal 1

What is V102 worth today?

Last sold for AED 5,375,000 in 2024

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25 Jun 2024SoldReady
AED 5,375,000AED 1,784 per sqft
5 Jan 2024RentedNew contract
AED 320,079/yr6 months · AED 106 per sqft
26 Jun 2023SoldReady
AED 4,500,000AED 1,493 per sqft
28 Apr 2023RentedRenewal
AED 215,994/yr1 months · AED 72 per sqft
28 Feb 2023RentedRenewal
AED 216,000/yr2 months · AED 72 per sqft
28 Jan 2023RentedRenewal
AED 216,000/yr1 months · AED 72 per sqft
15 Jan 2022RentedRenewal
AED 169,091/yr12 months · AED 56 per sqft
15 Jan 2021RentedNew contract
AED 155,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
3-bed villa
Size
3,013 sqft
Developer
Emaar
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 5.38M · June 2024
Community
Zulal 1

About V102, Zulal 1

V102 is a three-bedroom villa of 3,013 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 25 June 2024 for AED 5,375,000, or AED 1,784 per sqft, in line with the AED 1,788 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 5 January 2024, is AED 320,079 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for V102 over time

Sales
Villa V102, 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, July 2008: AED 1,561,944 (AED 518 per sqft)Sold, June 2023: AED 4,500,000 (AED 1,493 per sqft)Sold, June 2024: AED 5,375,000 (AED 1,784 per sqft)

V102 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V102, 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 185,000 a yearRenewal, November 2018: AED 180,000 a yearNew contract, August 2019: AED 160,000 a yearNew contract, January 2021: AED 155,000 a yearRenewal, January 2022: AED 169,091 a yearRenewal, January 2023: AED 216,000 a yearRenewal, February 2023: AED 216,000 a yearRenewal, April 2023: AED 215,994 a yearNew contract, January 2024: AED 320,079 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 V102 sits

All 150 3-beds →

V102 last sold in June 2024 at AED 1,784 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 1,788). V102's AED 320,079 is in the upper 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 →

V102, Zulal 1 in numbers

  • Sold 3 times: first on 14 July 2008 for AED 1,561,944, last on 25 June 2024 for AED 5,375,000 (AED 1,784 per sqft).
  • Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 185,000 to AED 155,000 in 2021 and recovered to AED 320,079 by January 2024.
  • At AED 320,079 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 12,500 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 25 June 2024.

Questions about V102, Zulal 1

What did villa V102 last sell for?

AED 5,375,000 on 25 June 2024: AED 1,784 per sqft for 3,013 sqft. The villa has 3 registered sales; the first was AED 1,561,944 in July 2008.

What is the rent for villa V102?

AED 320,079 a year on the contract signed on 5 January 2024. The previous contract, from April 2023, was AED 215,994; the villa has been rented since November 2017.

How big is villa V102?

3,013 sqft (279.9 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V102 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 V102, Zulal 1

Starts from the last sale price (AED 5.38M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,375,000
Deposit, UAE resident (20%)
AED 1,075,000
Deposit, non-resident (40%)
AED 2,150,000
Monthly over 25 years at 3.7%
AED 21,991

Plus AED 230,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →