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

V107, Zulal 1

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V107 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 4.8M5 March 2024
Current rentAED 176K /yr30 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V107, Zulal 1

What is V107 worth today?

Last sold for AED 4,800,000 in 2024

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5 Mar 2024SoldReady
AED 4,800,000AED 1,732 per sqft
30 Jan 2023RentedRenewal
AED 176,400/yr12 months · AED 64 per sqft
30 Jan 2022RentedRenewal
AED 168,000/yr12 months · AED 61 per sqft
30 Jan 2021RentedRenewal
AED 160,000/yr12 months · AED 58 per sqft
30 Jan 2020RentedRenewal
AED 185,000/yr12 months · AED 67 per sqft
30 Jan 2019RentedRenewal
AED 205,000/yr12 months · AED 74 per sqft
1 Aug 2017SoldReady
AED 3,600,000AED 1,299 per sqft
16 Jul 2008Sold by developerReady
AED 4,068,628AED 1,468 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
3-bed villa
Size
2,771 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,500 /yr
Last sold
AED 4.8M · March 2024
Community
Zulal 1

About V107, Zulal 1

V107 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 5 March 2024 for AED 4,800,000, or AED 1,732 per sqft, in line with the AED 1,689 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 30 January 2023, is AED 176,400 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 11,500 a year.

Sales and rents for V107 over time

Sales
Villa V107, 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, July 2008: AED 4,068,628 (AED 1,468 per sqft)Sold, July 2008: AED 2,602,402 (AED 939 per sqft)Sold, August 2017: AED 3,600,000 (AED 1,299 per sqft)Sold, March 2024: AED 4,800,000 (AED 1,732 per sqft)

V107 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V107, 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 290,000Renewal, January 2019: AED 205,000 a yearRenewal, January 2020: AED 185,000 a yearRenewal, January 2021: AED 160,000 a yearRenewal, January 2022: AED 168,000 a yearRenewal, January 2023: AED 176,400 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 V107 sits

All 150 3-beds →

V107 last sold in March 2024 at AED 1,732 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 1,689). V107's AED 176,400 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 →

V107, Zulal 1 in numbers

  • Sold 4 times: first on 16 July 2008 for AED 2,602,402, last on 5 March 2024 for AED 4,800,000 (AED 1,732 per sqft).
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 205,000 to AED 160,000 in 2021 and recovered to AED 176,400 by January 2023.
  • At AED 176,400 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 11,500 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 5 March 2024.

Questions about V107, Zulal 1

What did villa V107 last sell for?

AED 4,800,000 on 5 March 2024: AED 1,732 per sqft for 2,771 sqft. The villa has 4 registered sales; the first was AED 2,602,402 in July 2008.

What is the rent for villa V107?

AED 176,400 a year on the contract renewed on 30 January 2023. The previous contract, from January 2022, was AED 168,000; the villa has been rented since January 2019.

How big is villa V107?

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

What is villa V107 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 V107, Zulal 1

Starts from the last sale price (AED 4.8M, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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