3-bed · 3,070 sqftZulal 1, The Lakes · completed 2009

V146, Zulal 1

Sold prices and rental history: sold twice, last in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V146 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 2.28M4 August 2009
Current rentAED 179K /yr4 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V146, Zulal 1

What is V146 worth today?

Last sold for AED 2,283,000 in 2009

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4 Mar 2024RentedRenewal
AED 179,433/yr12 months · AED 58 per sqft
4 Mar 2022RentedRenewal
AED 162,750/yr12 months · AED 53 per sqft
4 Mar 2021RentedRenewal
AED 155,000/yr12 months · AED 50 per sqft
4 Mar 2020RentedRenewal
AED 170,000/yr12 months · AED 55 per sqft
4 Mar 2017RentedNew contract
AED 210,000/yr12 months · AED 68 per sqft
20 Jan 2016RentedRenewal
AED 225,000/yr12 months · AED 73 per sqft
20 Jan 2015RentedNew contract
AED 225,000/yr12 months · AED 73 per sqft
15 Feb 2013RentedNew contract
AED 195,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
3-bed villa
Size
3,070 sqft
Developer
Emaar
Completed
2009
Service charge
AED 12,700 /yr
Last sold
AED 2.28M · August 2009
Community
Zulal 1

About V146, Zulal 1

V146 is a three-bedroom villa of 3,070 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 4 August 2009 for AED 2,283,000, or AED 743 per sqft, 23% below the AED 963 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 4 March 2024, is AED 179,433 a year: a gross yield of 7.9% on the 2009 price, before the service charge of about AED 12,700 a year.

Sales and rents for V146 over time

Sales
Villa V146, 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, June 2009: AED 2,853,737 (AED 929 per sqft)Sold, August 2009: AED 2,283,000 (AED 743 per sqft)

V146 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V146, 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, February 2013: AED 195,000 a yearNew contract, January 2015: AED 225,000 a yearRenewal, January 2016: AED 225,000 a yearNew contract, March 2017: AED 210,000 a yearRenewal, March 2020: AED 170,000 a yearRenewal, March 2021: AED 155,000 a yearRenewal, March 2022: AED 162,750 a yearRenewal, March 2024: AED 179,433 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 V146 sits

All 150 3-beds →

V146 last sold in August 2009 at AED 743 per sqft, 23% below what three-beds in Zulal 1 were fetching at the time (AED 963). V146's AED 179,433 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 →

V146, Zulal 1 in numbers

  • Sold twice: first on 11 June 2009 for AED 2,853,737, last on 4 August 2009 for AED 2,283,000 (AED 743 per sqft).
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 195,000 to AED 155,000 in 2021 and recovered to AED 179,433 by March 2024.
  • At AED 179,433 a year the gross yield on the 2009 price is 7.9%, before a service charge of about AED 12,700 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 4 March 2024.

Questions about V146, Zulal 1

What did villa V146 last sell for?

AED 2,283,000 on 4 August 2009: AED 743 per sqft for 3,070 sqft. The villa has 2 registered sales; the first was AED 2,853,737 in June 2009.

What is the rent for villa V146?

AED 179,433 a year on the contract renewed on 4 March 2024. The previous contract, from March 2022, was AED 162,750; the villa has been rented since February 2013.

How big is villa V146?

3,070 sqft (285.2 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V146 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 V146, Zulal 1

Starts from the last sale price (AED 2.28M, 4 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,283,000
Deposit, UAE resident (20%)
AED 456,600
Deposit, non-resident (40%)
AED 913,200
Monthly over 25 years at 3.7%
AED 9,340

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