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3-bed · 2,924 sqftZulal 1, The Lakes · completed 2009

V150, Zulal 1

Sold prices and rental history: sold 3 times, last in August 2013, and rented once, from July 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V150 · DLD and Ejari recordsUpdated 13 August 2013
Last soldAED 3.85M13 August 2013
Current rentAED 245K /yr1 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V150, Zulal 1

What is V150 worth today?

Last sold for AED 3,850,000 in 2013

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13 Aug 2013SoldReady
AED 3,850,000AED 1,316 per sqft
1 Jul 2012RentedNew contract
AED 245,000/yr14 months · AED 84 per sqft
22 Jun 2011SoldReady
AED 2,500,000AED 855 per sqft
25 Aug 2009Sold by developerReady
AED 1,318,661AED 451 per sqft

Source: Dubai Land Department. Updated 13 August 2013.

Key facts

Type
3-bed villa
Size
2,924 sqft
Developer
Emaar
Completed
2009
Service charge
AED 12,100 /yr
Last sold
AED 3.85M · August 2013
Community
Zulal 1

About V150, Zulal 1

V150 is a three-bedroom villa of 2,924 sqft in Zulal 1, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 13 August 2013 for AED 3,850,000, or AED 1,316 per sqft, 8% above the AED 1,216 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 July 2012. The current contract, signed on 1 July 2012, is AED 245,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 12,100 a year.

Sales and rents for V150 over time

Sales
Villa V150, 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 2009: AED 1,318,661 (AED 451 per sqft)Sold, June 2011: AED 2,500,000 (AED 855 per sqft)Sold, August 2013: AED 3,850,000 (AED 1,316 per sqft)

V150 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V150, 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, July 2012: AED 245,000 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 V150 sits

All 150 3-beds →

V150 last sold in August 2013 at AED 1,316 per sqft, 8% above what three-beds in Zulal 1 were fetching at the time (AED 1,216). V150's AED 245,000 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 →

V150, Zulal 1 in numbers

  • Sold 3 times: first on 25 August 2009 for AED 1,318,661, last on 13 August 2013 for AED 3,850,000 (AED 1,316 per sqft).
  • Rented since July 2012 on one Ejari contract, at AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 12,100 a year (AED 4.14 per sqft).

Source: Dubai Land Department. Updated 13 August 2013.

Questions about V150, Zulal 1

What did villa V150 last sell for?

AED 3,850,000 on 13 August 2013: AED 1,316 per sqft for 2,924 sqft. The villa has 3 registered sales; the first was AED 1,318,661 in August 2009.

What is the rent for villa V150?

AED 245,000 a year on the contract signed on 1 July 2012.

How big is villa V150?

2,924 sqft (271.6 sqm): a three-bedroom villa in Zulal 1, completed in 2009.

What is villa V150 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 V150, Zulal 1

Starts from the last sale price (AED 3.85M, 13 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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