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3-bed · 2,556 sqftZulal 1, The Lakes · completed 2009

V135, Zulal 1

Sold prices and rental history: sold 4 times, last in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V135 · DLD and Ejari recordsUpdated 28 December 2022
Last soldAED 3M28 December 2022
Current rentAED 138K /yr4 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V135, Zulal 1

What is V135 worth today?

Last sold for AED 3,000,000 in 2022

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28 Dec 2022SoldReady
AED 3,000,000AED 1,173 per sqft
4 Sep 2022RentedRenewal
AED 138,000/yr12 months · AED 54 per sqft
4 Sep 2021RentedRenewal
AED 120,000/yr12 months · AED 47 per sqft
4 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 47 per sqft
20 Aug 2019RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
20 Aug 2018RentedRenewal
AED 170,000/yr12 months · AED 66 per sqft
20 Aug 2017RentedRenewal
AED 190,000/yr12 months · AED 74 per sqft
3 Oct 2013SoldReady
AED 3,525,000AED 1,378 per sqft

Source: Dubai Land Department. Updated 28 December 2022.

Key facts

Type
3-bed villa
Size
2,556 sqft
Developer
Emaar
Completed
2009
Service charge
AED 10,600 /yr
Last sold
AED 3M · December 2022
Community
Zulal 1

About V135, Zulal 1

V135 is a three-bedroom villa of 2,556 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 28 December 2022 for AED 3,000,000, or AED 1,173 per sqft, 11% below the AED 1,324 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 4 September 2022, is AED 138,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 10,600 a year.

Sales and rents for V135 over time

Sales
Villa V135, 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, July 2008: AED 1,700,000 (AED 664 per sqft)Sold, July 2008: AED 2,973,888 (AED 1,163 per sqft)Sold, October 2013: AED 3,525,000 (AED 1,378 per sqft)Sold, December 2022: AED 3,000,000 (AED 1,173 per sqft)

V135 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V135, 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 290,000Renewal, August 2017: AED 190,000 a yearRenewal, August 2018: AED 170,000 a yearRenewal, August 2019: AED 150,000 a yearNew contract, September 2020: AED 120,000 a yearRenewal, September 2021: AED 120,000 a yearRenewal, September 2022: AED 138,000 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 V135 sits

All 150 3-beds →

V135 last sold in December 2022 at AED 1,173 per sqft, 11% below what three-beds in Zulal 1 were fetching at the time (AED 1,324). V135's AED 138,000 is at the bottom 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 →

V135, Zulal 1 in numbers

  • Sold 4 times: first on 20 July 2008 for AED 2,973,888, last on 28 December 2022 for AED 3,000,000 (AED 1,173 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 190,000 to AED 120,000 in 2021 and recovered to AED 138,000 by September 2022.
  • At AED 138,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 10,600 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 28 December 2022.

Questions about V135, Zulal 1

What did villa V135 last sell for?

AED 3,000,000 on 28 December 2022: AED 1,173 per sqft for 2,556 sqft. The villa has 4 registered sales; the first was AED 2,973,888 in July 2008.

What is the rent for villa V135?

AED 138,000 a year on the contract renewed on 4 September 2022. The previous contract, from September 2021, was AED 120,000; the villa has been rented since August 2017.

How big is villa V135?

2,556 sqft (237.5 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V135 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 V135, Zulal 1

Starts from the last sale price (AED 3M, 28 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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