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

V114, Zulal 1

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

Villa V114 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 4M23 January 2023
Current rentAED 236K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V114, Zulal 1

What is V114 worth today?

Last sold for AED 4,000,000 in 2023

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1 Aug 2025RentedRenewal
AED 236,250/yr12 months · AED 78 per sqft
1 Aug 2024RentedNew contract
AED 225,000/yr12 months · AED 75 per sqft
1 Nov 2023RentedNew contract
AED 178,657/yr2 months · AED 59 per sqft
23 Jan 2023SoldReady
AED 4,000,000AED 1,327 per sqft
1 Nov 2022RentedRenewal
AED 169,050/yr12 months · AED 56 per sqft
1 Nov 2020RentedRenewal
AED 171,000/yr12 months · AED 57 per sqft
1 Nov 2019RentedNew contract
AED 175,000/yr12 months · AED 58 per sqft
5 Jan 2019RentedNew contract
AED 190,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
3-bed villa
Size
3,013 sqft
Developer
Emaar
Completed
2009
Service charge
AED 12,500 /yr
Last sold
AED 4M · January 2023
Community
Zulal 1

About V114, Zulal 1

V114 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 23 January 2023 for AED 4,000,000, or AED 1,327 per sqft, in line with the AED 1,326 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 236,250 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 12,500 a year.

Sales and rents for V114 over time

Sales
Villa V114, 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, April 2009: AED 1,461,549 (AED 485 per sqft)Sold, January 2023: AED 4,000,000 (AED 1,327 per sqft)

V114 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V114, 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, August 2012: AED 205,000 a yearNew contract, August 2013: AED 220,000 a yearNew contract, August 2014: AED 220,000 a yearNew contract, August 2015: AED 220,521 a yearNew contract, July 2016: AED 227,000 a yearRenewal, July 2017: AED 217,000 a yearNew contract, January 2019: AED 190,000 a yearNew contract, November 2019: AED 175,000 a yearRenewal, November 2020: AED 171,000 a yearRenewal, November 2022: AED 169,050 a yearNew contract, November 2023: AED 178,657 a yearNew contract, August 2024: AED 225,000 a yearRenewal, August 2025: AED 236,250 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 V114 sits

All 150 3-beds →

V114 last sold in January 2023 at AED 1,327 per sqft, in line with what three-beds in Zulal 1 were fetching at the time (AED 1,326). V114's AED 236,250 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 →

V114, Zulal 1 in numbers

  • Sold twice: first on 2 April 2009 for AED 1,461,549, last on 23 January 2023 for AED 4,000,000 (AED 1,327 per sqft).
  • Rented since May 2012 on 15 Ejari contracts, from AED 51,251 to AED 236,250 a year.
  • At AED 236,250 a year the gross yield on the 2023 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 1 August 2025.

Questions about V114, Zulal 1

What did villa V114 last sell for?

AED 4,000,000 on 23 January 2023: AED 1,327 per sqft for 3,013 sqft. The villa has 2 registered sales; the first was AED 1,461,549 in April 2009.

What is the rent for villa V114?

AED 236,250 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 225,000; the villa has been rented since May 2012.

How big is villa V114?

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

What is villa V114 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 V114, Zulal 1

Starts from the last sale price (AED 4M, 23 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →