3-bed · 2,713 sqftZulal 1, The Lakes · completed 2009

V134, Zulal 1

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V134 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 3.24M9 October 2008
Current rentAED 160K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V134, Zulal 1

What is V134 worth today?

Last sold for AED 3,239,888 in 2008

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15 Jan 2024RentedRenewal
AED 160,000/yr12 months · AED 59 per sqft
15 Jan 2023RentedNew contract
AED 145,200/yr12 months · AED 54 per sqft
15 Jan 2022RentedRenewal
AED 132,000/yr12 months · AED 49 per sqft
15 Jan 2021RentedNew contract
AED 120,000/yr12 months · AED 44 per sqft
1 Jan 2019RentedNew contract
AED 210,000/yr12 months · AED 77 per sqft
8 May 2017RentedNew contract
AED 210,000/yr12 months · AED 77 per sqft
1 Nov 2014RentedNew contract
AED 176,509/yr7 months · AED 65 per sqft
9 Oct 2008Sold by developerReady
AED 3,239,888AED 1,194 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
3-bed villa
Size
2,713 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 3.24M · October 2008
Community
Zulal 1

About V134, Zulal 1

V134 is a three-bedroom villa of 2,713 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 9 October 2008 for AED 3,239,888, or AED 1,194 per sqft, 14% above the AED 1,051 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 160,000 a year: a gross yield of 4.9% on the 2008 price, before the service charge of about AED 11,200 a year.

Sales and rents for V134 over time

Sales
Villa V134, 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, October 2008: AED 3,239,888 (AED 1,194 per sqft)

V134 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V134, each contractTypical three-bed in Zulal 1
100K200K300K2012201620202024Typical 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 2014: AED 176,509 a yearNew contract, May 2017: AED 210,000 a yearNew contract, January 2019: AED 210,000 a yearNew contract, January 2021: AED 120,000 a yearRenewal, January 2022: AED 132,000 a yearNew contract, January 2023: AED 145,200 a yearRenewal, January 2024: AED 160,000 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 V134 sits

All 150 3-beds →

V134 last sold in October 2008 at AED 1,194 per sqft, 14% above what three-beds in Zulal 1 were fetching at the time (AED 1,051). V134's AED 160,000 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 →

V134, Zulal 1 in numbers

  • Sold once: by Emaar on 9 October 2008 for AED 3,239,888, or AED 1,194 per sqft.
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 176,509 to AED 120,000 in 2021 and recovered to AED 160,000 by January 2024.
  • At AED 160,000 a year the gross yield on the 2008 price is 4.9%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 15 January 2024.

Questions about V134, Zulal 1

What did villa V134 last sell for?

AED 3,239,888 on 9 October 2008, sold by the developer: AED 1,194 per sqft for 2,713 sqft. It is the only registered sale of the villa.

What is the rent for villa V134?

AED 160,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 145,200; the villa has been rented since November 2014.

How big is villa V134?

2,713 sqft (252.0 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V134 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 V134, Zulal 1

Starts from the last sale price (AED 3.24M, 9 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,239,888
Deposit, UAE resident (20%)
AED 647,978
Deposit, non-resident (40%)
AED 1,295,955
Monthly over 25 years at 3.7%
AED 13,255

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