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3-bed · 2,567 sqftZulal 1, The Lakes · completed 2009

V117, Zulal 1

Sold prices and rental history: sold twice, last in October 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V117 · DLD and Ejari recordsUpdated 24 October 2012
Last soldAED 2.95M24 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V117, Zulal 1

What is V117 worth today?

Last sold for AED 2,950,000 in 2012

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24 Oct 2012SoldReady
AED 2,950,000AED 1,149 per sqft
28 Apr 2009Sold by developerReady
AED 3,275,000AED 1,275 per sqft

Source: Dubai Land Department. Updated 24 October 2012.

Key facts

Type
3-bed villa
Size
2,567 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,600 /yr
Last sold
AED 2.95M · October 2012
Community
Zulal 1

About V117, Zulal 1

V117 is a three-bedroom villa of 2,567 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 24 October 2012 for AED 2,950,000, or AED 1,149 per sqft, 19% above the AED 962 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V117 over time

Sales
Villa V117, 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, April 2009: AED 3,275,000 (AED 1,275 per sqft)Sold, October 2012: AED 2,950,000 (AED 1,149 per sqft)

V117 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V117, 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 290,000

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 V117 sits

All 150 3-beds →

V117 last sold in October 2012 at AED 1,149 per sqft, 19% above what three-beds in Zulal 1 were fetching at the time (AED 962).

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 →

V117, Zulal 1 in numbers

  • Sold twice: first on 28 April 2009 for AED 3,275,000, last on 24 October 2012 for AED 2,950,000 (AED 1,149 per sqft).

Source: Dubai Land Department. Updated 24 October 2012.

Questions about V117, Zulal 1

What did villa V117 last sell for?

AED 2,950,000 on 24 October 2012: AED 1,149 per sqft for 2,567 sqft. The villa has 2 registered sales; the first was AED 3,275,000 in April 2009.

How big is villa V117?

2,567 sqft (238.5 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V117 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 V117, Zulal 1

Starts from the last sale price (AED 2.95M, 24 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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