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

V106, Zulal 1

Sold prices and rental history: sold 5 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V106 · DLD and Ejari recordsUpdated 16 December 2021
Last soldAED 3.31M16 December 2021
Current rentAED 125K /yr10 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V106, Zulal 1

What is V106 worth today?

Last sold for AED 3,306,500 in 2021

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16 Dec 2021SoldReady
AED 3,306,500AED 1,193 per sqft
28 Apr 2021SoldReady
AED 2,700,000AED 974 per sqft
18 Nov 2020SoldReady
AED 1,765,000AED 637 per sqft
10 Sep 2020RentedNew contract
AED 125,000/yr24 months · AED 45 per sqft
18 Jun 2019RentedRenewal
AED 167,000/yr12 months · AED 60 per sqft
18 Jun 2018RentedRenewal
AED 170,000/yr12 months · AED 61 per sqft
18 Jun 2016RentedRenewal
AED 205,000/yr12 months · AED 74 per sqft
18 Jun 2015RentedNew contract
AED 220,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 16 December 2021.

Key facts

Type
3-bed villa
Size
2,771 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 3.31M · December 2021
Community
Zulal 1

About V106, Zulal 1

V106 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 16 December 2021 for AED 3,306,500, or AED 1,193 per sqft, in line with the AED 1,160 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 10 September 2020, is AED 125,000 a year: a gross yield of 3.8% on the 2021 price, before the service charge of about AED 11,500 a year.

Sales and rents for V106 over time

Sales
Villa V106, 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, October 2008: AED 4,929,505 (AED 1,779 per sqft)Sold, October 2008: AED 2,965,888 (AED 1,070 per sqft)Sold, November 2020: AED 1,765,000 (AED 637 per sqft)Sold, April 2021: AED 2,700,000 (AED 974 per sqft)Sold, December 2021: AED 3,306,500 (AED 1,193 per sqft)

V106 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V106, each contractTypical three-bed in Zulal 1
100K200K300K2012201620202024Typical 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, August 2013: AED 194,477 a yearNew contract, August 2014: AED 204,201 a yearNew contract, June 2015: AED 220,000 a yearRenewal, June 2016: AED 205,000 a yearRenewal, June 2018: AED 170,000 a yearRenewal, June 2019: AED 167,000 a yearNew contract, September 2020: AED 125,000 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 V106 sits

All 150 3-beds →

V106 last sold in December 2021 at AED 1,193 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 1,160). V106's AED 125,000 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 →

V106, Zulal 1 in numbers

  • Sold 5 times: first on 9 October 2008 for AED 2,965,888, last on 16 December 2021 for AED 3,306,500 (AED 1,193 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 194,477 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 3.8%, before a service charge of about AED 11,500 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 16 December 2021.

Questions about V106, Zulal 1

What did villa V106 last sell for?

AED 3,306,500 on 16 December 2021: AED 1,193 per sqft for 2,771 sqft. The villa has 5 registered sales; the first was AED 2,965,888 in October 2008.

What is the rent for villa V106?

AED 125,000 a year on the contract signed on 10 September 2020. The previous contract, from June 2019, was AED 167,000; the villa has been rented since August 2013.

How big is villa V106?

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

What is villa V106 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 V106, Zulal 1

Starts from the last sale price (AED 3.31M, 16 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,306,500
Deposit, UAE resident (20%)
AED 661,300
Deposit, non-resident (40%)
AED 1,322,600
Monthly over 25 years at 3.7%
AED 13,528

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