Home
Dubai prices
About
Research
3-bed · 2,711 sqftZulal 1, The Lakes · completed 2009

V140, Zulal 1

Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V140 · DLD and Ejari recordsUpdated 20 April 2020
Last soldAED 2.1M20 April 2020
Current rentAED 160K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V140

Property timeline for V140, Zulal 1

What is V140 worth today?

Last sold for AED 2,100,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Apr 2020SoldReady
AED 2,100,000AED 774 per sqft
1 Jul 2017RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
9 Jan 2016RentedRenewal
AED 200,000/yr12 months · AED 74 per sqft
9 Jan 2015RentedNew contract
AED 200,000/yr12 months · AED 74 per sqft
4 Sep 2013RentedNew contract
AED 195,000/yr12 months · AED 72 per sqft
4 Sep 2012RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
17 Aug 2008Sold by developerReady
AED 1,559,444AED 575 per sqft

Source: Dubai Land Department. Updated 20 April 2020.

Key facts

Type
3-bed villa
Size
2,711 sqft
Developer
Emaar
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 2.1M · April 2020
Community
Zulal 1

About V140, Zulal 1

V140 is a three-bedroom villa of 2,711 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 20 April 2020 for AED 2,100,000, or AED 774 per sqft, 12% below the AED 880 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 July 2017, is AED 160,000 a year: a gross yield of 7.6% on the 2020 price, before the service charge of about AED 11,200 a year.

Sales and rents for V140 over time

Sales
Villa V140, each saleTypical three-bed in Zulal 1
2.5M5M2008201320182023Typical 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 2008: AED 1,559,444 (AED 575 per sqft)Sold, April 2020: AED 2,100,000 (AED 774 per sqft)

V140 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V140, 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, September 2012: AED 190,000 a yearNew contract, September 2013: AED 195,000 a yearNew contract, January 2015: AED 200,000 a yearRenewal, January 2016: AED 200,000 a yearNew contract, July 2017: 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 V140 sits

All 150 3-beds →

V140 last sold in April 2020 at AED 774 per sqft, 12% below what three-beds in Zulal 1 were fetching at the time (AED 880). V140'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 →

V140, Zulal 1 in numbers

  • Sold twice: first on 17 August 2008 for AED 1,559,444, last on 20 April 2020 for AED 2,100,000 (AED 774 per sqft).
  • Rented since September 2012 on 5 Ejari contracts, from AED 190,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 7.6%, before a service charge of about AED 11,200 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 20 April 2020.

Questions about V140, Zulal 1

What did villa V140 last sell for?

AED 2,100,000 on 20 April 2020: AED 774 per sqft for 2,711 sqft. The villa has 2 registered sales; the first was AED 1,559,444 in August 2008.

What is the rent for villa V140?

AED 160,000 a year on the contract signed on 1 July 2017. The previous contract, from January 2016, was AED 200,000; the villa has been rented since September 2012.

How big is villa V140?

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

What is villa V140 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V140? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V140, Zulal 1

Starts from the last sale price (AED 2.1M, 20 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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