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3-bed · 3,046 sqftZulal 1, The Lakes · completed 2009

V149, Zulal 1

Sold prices and rental history: sold twice, last in February 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V149 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.95M22 February 2011
Current rentAED 300K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V149, Zulal 1

What is V149 worth today?

Last sold for AED 1,950,000 in 2011

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1 Mar 2025RentedRenewal
AED 300,000/yr12 months · AED 99 per sqft
1 Mar 2024RentedNew contract
AED 300,000/yr12 months · AED 99 per sqft
10 Oct 2021RentedRenewal
AED 155,000/yr12 months · AED 51 per sqft
20 Aug 2019RentedNew contract
AED 200,000/yr12 months · AED 66 per sqft
22 Feb 2011SoldReady
AED 1,950,000AED 640 per sqft
1 Mar 2010Sold by developerReady
AED 2,862,017AED 939 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
3-bed villa
Size
3,046 sqft
Developer
Emaar
Completed
2009
Service charge
AED 12,600 /yr
Last sold
AED 1.95M · February 2011
Community
Zulal 1

About V149, Zulal 1

V149 is a three-bedroom villa of 3,046 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 22 February 2011 for AED 1,950,000, or AED 640 per sqft, 31% below the AED 930 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 300,000 a year: a gross yield of 15.4% on the 2011 price, before the service charge of about AED 12,600 a year.

Sales and rents for V149 over time

Sales
Villa V149, 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, March 2010: AED 2,862,017 (AED 939 per sqft)Sold, February 2011: AED 1,950,000 (AED 640 per sqft)

V149 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V149, 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, August 2019: AED 200,000 a yearRenewal, October 2021: AED 155,000 a yearNew contract, March 2024: AED 300,000 a yearRenewal, March 2025: AED 300,000 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 V149 sits

All 150 3-beds →

V149 last sold in February 2011 at AED 640 per sqft, 31% below what three-beds in Zulal 1 were fetching at the time (AED 930). V149's AED 300,000 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 →

V149, Zulal 1 in numbers

  • Sold twice: first on 1 March 2010 for AED 2,862,017, last on 22 February 2011 for AED 1,950,000 (AED 640 per sqft).
  • Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 200,000 to AED 155,000 in 2021 and recovered to AED 300,000 by March 2025.
  • At AED 300,000 a year the gross yield on the 2011 price is 15.4%, before a service charge of about AED 12,600 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about V149, Zulal 1

What did villa V149 last sell for?

AED 1,950,000 on 22 February 2011: AED 640 per sqft for 3,046 sqft. The villa has 2 registered sales; the first was AED 2,862,017 in March 2010.

What is the rent for villa V149?

AED 300,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 300,000; the villa has been rented since August 2019.

How big is villa V149?

3,046 sqft (283.0 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V149 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 V149, Zulal 1

Starts from the last sale price (AED 1.95M, 22 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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