3-bed · 2,575 sqftZulal 1, The Lakes · completed 2009

V121, Zulal 1

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V121 · DLD and Ejari recordsUpdated 27 June 2025
Last soldAED 2.98M24 August 2009
Current rentAED 280K /yr27 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V121, Zulal 1

What is V121 worth today?

Last sold for AED 2,982,888 in 2009

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27 Jun 2025RentedNew contract
AED 280,000/yr12 months · AED 109 per sqft
25 May 2024RentedRenewal
AED 168,698/yr6 months · AED 66 per sqft
25 May 2023RentedRenewal
AED 168,000/yr12 months · AED 65 per sqft
25 May 2022RentedNew contract
AED 160,000/yr12 months · AED 62 per sqft
20 Sep 2016RentedNew contract
AED 215,000/yr12 months · AED 83 per sqft
20 Sep 2015RentedRenewal
AED 215,000/yr12 months · AED 83 per sqft
20 Sep 2014RentedNew contract
AED 215,000/yr12 months · AED 83 per sqft
18 Sep 2013RentedNew contract
AED 190,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 June 2025.

Key facts

Type
3-bed villa
Size
2,575 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,700 /yr
Last sold
AED 2.98M · August 2009
Community
Zulal 1

About V121, Zulal 1

V121 is a three-bedroom villa of 2,575 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 24 August 2009 for AED 2,982,888, or AED 1,158 per sqft, 19% above the AED 970 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 27 June 2025, is AED 280,000 a year: a gross yield of 9.4% on the 2009 price, before the service charge of about AED 10,700 a year.

Sales and rents for V121 over time

Sales
Villa V121, 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, August 2009: AED 2,982,888 (AED 1,158 per sqft)

V121 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V121, 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 153,000 a yearNew contract, September 2013: AED 190,000 a yearNew contract, September 2014: AED 215,000 a yearRenewal, September 2015: AED 215,000 a yearNew contract, September 2016: AED 215,000 a yearNew contract, May 2022: AED 160,000 a yearRenewal, May 2023: AED 168,000 a yearRenewal, May 2024: AED 168,698 a yearNew contract, June 2025: AED 280,000 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 V121 sits

All 150 3-beds →

V121 last sold in August 2009 at AED 1,158 per sqft, 19% above what three-beds in Zulal 1 were fetching at the time (AED 970). V121's AED 280,000 is in the upper 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 →

V121, Zulal 1 in numbers

  • Sold once: by Emaar on 24 August 2009 for AED 2,982,888, or AED 1,158 per sqft.
  • Rented since August 2012 on 9 Ejari contracts, from AED 153,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2009 price is 9.4%, before a service charge of about AED 10,700 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 27 June 2025.

Questions about V121, Zulal 1

What did villa V121 last sell for?

AED 2,982,888 on 24 August 2009, sold by the developer: AED 1,158 per sqft for 2,575 sqft. It is the only registered sale of the villa.

What is the rent for villa V121?

AED 280,000 a year on the contract signed on 27 June 2025. The previous contract, from May 2024, was AED 168,698; the villa has been rented since August 2012.

How big is villa V121?

2,575 sqft (239.2 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V121 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 V121, Zulal 1

Starts from the last sale price (AED 2.98M, 24 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,982,888
Deposit, UAE resident (20%)
AED 596,578
Deposit, non-resident (40%)
AED 1,193,155
Monthly over 25 years at 3.7%
AED 12,204

Plus AED 130,292 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →