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

V122, Zulal 1

Sold prices and rental history: sold once, by the developer in January 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V122 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 3.09M17 January 2010
Current rentAED 270K /yr23 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V122, Zulal 1

What is V122 worth today?

Last sold for AED 3,094,888 in 2010

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23 Jun 2025RentedNew contract
AED 270,000/yr12 months · AED 100 per sqft
21 Nov 2022RentedNew contract
AED 290,000/yr12 months · AED 107 per sqft
23 May 2022RentedRenewal
AED 216,810/yr5 months · AED 80 per sqft
28 May 2020RentedNew contract
AED 137,000/yr12 months · AED 51 per sqft
18 Sep 2017RentedNew contract
AED 170,000/yr12 months · AED 63 per sqft
13 Mar 2016RentedNew contract
AED 238,080/yr4 months · AED 88 per sqft
14 Mar 2014RentedNew contract
AED 220,000/yr12 months · AED 81 per sqft
14 Mar 2013RentedNew contract
AED 220,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 23 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 3.09M · January 2010
Community
Zulal 1

About V122, Zulal 1

V122 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 17 January 2010 for AED 3,094,888, or AED 1,141 per sqft, 23% above the AED 929 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 23 June 2025, is AED 270,000 a year: a gross yield of 8.7% on the 2010 price, before the service charge of about AED 11,200 a year.

Sales and rents for V122 over time

Sales
Villa V122, 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, January 2010: AED 3,094,888 (AED 1,141 per sqft)

V122 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V122, 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, March 2013: AED 220,000 a yearNew contract, March 2014: AED 220,000 a yearNew contract, March 2016: AED 238,080 a yearNew contract, September 2017: AED 170,000 a yearNew contract, May 2020: AED 137,000 a yearRenewal, May 2022: AED 216,810 a yearNew contract, November 2022: AED 290,000 a yearNew contract, June 2025: AED 270,000 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 V122 sits

All 150 3-beds →

V122 last sold in January 2010 at AED 1,141 per sqft, 23% above what three-beds in Zulal 1 were fetching at the time (AED 929). V122's AED 270,000 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 →

V122, Zulal 1 in numbers

  • Sold once: by Emaar on 17 January 2010 for AED 3,094,888, or AED 1,141 per sqft.
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 220,000 to AED 137,000 in 2020 and recovered to AED 270,000 by June 2025.
  • At AED 270,000 a year the gross yield on the 2010 price is 8.7%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 23 June 2025.

Questions about V122, Zulal 1

What did villa V122 last sell for?

AED 3,094,888 on 17 January 2010, sold by the developer: AED 1,141 per sqft for 2,711 sqft. It is the only registered sale of the villa.

What is the rent for villa V122?

AED 270,000 a year on the contract signed on 23 June 2025. The previous contract, from November 2022, was AED 290,000; the villa has been rented since March 2013.

How big is villa V122?

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

What is villa V122 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 V122, Zulal 1

Starts from the last sale price (AED 3.09M, 17 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,094,888
Deposit, UAE resident (20%)
AED 618,978
Deposit, non-resident (40%)
AED 1,237,955
Monthly over 25 years at 3.7%
AED 12,662

Plus AED 134,996 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →