3-bed · 2,711 sqftZulal 1, The Lakes · completed 2009

V120, Zulal 1

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V120 · DLD and Ejari recordsUpdated 14 June 2025
Last soldAED 3.28M22 February 2011
Current rentAED 190K /yr14 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V120, Zulal 1

What is V120 worth today?

Last sold for AED 3,280,000 in 2011

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14 Jun 2025RentedRenewal
AED 190,000/yr12 months · AED 70 per sqft
14 Jun 2024RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft
14 Jun 2023RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft
14 Jun 2022RentedRenewal
AED 160,000/yr12 months · AED 59 per sqft
14 Jun 2021RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
14 Jun 2020RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
1 Oct 2018RentedNew contract
AED 175,000/yr12 months · AED 65 per sqft
20 Sep 2017RentedRenewal
AED 185,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 14 June 2025.

Key facts

Type
3-bed villa
Size
2,711 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 3.28M · February 2011
Community
Zulal 1

About V120, Zulal 1

V120 is a three-bedroom villa of 2,711 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 22 February 2011 for AED 3,280,000, or AED 1,209 per sqft, 30% above the AED 930 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 14 June 2025, is AED 190,000 a year: a gross yield of 5.8% on the 2011 price, before the service charge of about AED 11,200 a year.

Sales and rents for V120 over time

Sales
Villa V120, 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, February 2011: AED 3,280,000 (AED 1,209 per sqft)

V120 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V120, 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 2012: AED 162,000 a yearNew contract, November 2013: AED 170,000 a yearNew contract, September 2015: AED 205,000 a yearNew contract, September 2016: AED 200,000 a yearRenewal, September 2017: AED 185,000 a yearNew contract, October 2018: AED 175,000 a yearNew contract, June 2020: AED 145,000 a yearNew contract, June 2021: AED 145,000 a yearRenewal, June 2022: AED 160,000 a yearRenewal, June 2023: AED 180,000 a yearRenewal, June 2024: AED 180,000 a yearRenewal, June 2025: AED 190,000 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 V120 sits

All 150 3-beds →

V120 last sold in February 2011 at AED 1,209 per sqft, 30% above what three-beds in Zulal 1 were fetching at the time (AED 930). V120's AED 190,000 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 →

V120, Zulal 1 in numbers

  • Sold once: by Emaar on 22 February 2011 for AED 3,280,000, or AED 1,209 per sqft.
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 162,000 to AED 145,000 in 2021 and recovered to AED 190,000 by June 2025.
  • At AED 190,000 a year the gross yield on the 2011 price is 5.8%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 14 June 2025.

Questions about V120, Zulal 1

What did villa V120 last sell for?

AED 3,280,000 on 22 February 2011, sold by the developer: AED 1,209 per sqft for 2,711 sqft. It is the only registered sale of the villa.

What is the rent for villa V120?

AED 190,000 a year on the contract renewed on 14 June 2025. The previous contract, from June 2024, was AED 180,000; the villa has been rented since November 2012.

How big is villa V120?

2,711 sqft (251.9 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V120 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 V120, Zulal 1

Starts from the last sale price (AED 3.28M, 22 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,280,000
Deposit, UAE resident (20%)
AED 656,000
Deposit, non-resident (40%)
AED 1,312,000
Monthly over 25 years at 3.7%
AED 13,419

Plus AED 142,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →