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3-bed · 3,045 sqftZulal 2, The Lakes · completed 2009

V163, Zulal 2

Sold prices and rental history: sold twice, last in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V163 · DLD and Ejari recordsUpdated 4 December 2011
Last soldAED 1.43M4 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V163, Zulal 2

What is V163 worth today?

Last sold for AED 1,425,000 in 2011

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4 Dec 2011SoldReady
AED 1,425,000AED 467 per sqft
12 Aug 2008Sold by developerReady
AED 1,785,944AED 586 per sqft

Source: Dubai Land Department. Updated 4 December 2011.

Key facts

Type
3-bed villa
Size
3,045 sqft
Developer
Emaar
Completed
2009
Last sold
AED 1.43M · December 2011
Community
Zulal 2

About V163, Zulal 2

V163 is a three-bedroom villa of 3,045 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 4 December 2011 for AED 1,425,000, or AED 467 per sqft, 41% below the AED 797 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V163 over time

Sales
Villa V163, each saleTypical three-bed in Zulal 2
2.5M5M2008201320182023Typical sale price by year: 2008 AED 2,781,977; 2009 AED 2,500,000; 2010 AED 2,737,231; 2011 AED 2,435,562; 2012 AED 2,827,441; 2013 AED 3,465,000; 2014 AED 3,575,000; 2015 AED 3,650,000; 2016 AED 3,150,000; 2017 AED 3,050,000; 2018 AED 3,530,000; 2019 AED 2,987,500; 2020 AED 2,600,000; 2021 AED 3,500,000; 2022 AED 4,050,000; 2023 AED 4,550,000; 2024 AED 6,037,500; 2025 AED 5,600,000Sold by developer, August 2008: AED 1,785,944 (AED 586 per sqft)Sold, December 2011: AED 1,425,000 (AED 467 per sqft)

V163 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V163, each contractTypical three-bed in Zulal 2
150K200K250K2012201620202024Typical rent by year: 2012 AED 172,500; 2013 AED 192,000; 2014 AED 220,000; 2015 AED 213,675; 2016 AED 220,000; 2017 AED 205,000; 2018 AED 196,750; 2019 AED 185,000; 2020 AED 165,000; 2021 AED 165,000; 2022 AED 180,000; 2023 AED 209,000; 2024 AED 237,150; 2025 AED 260,000; 2026 AED 236,250

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Zulal 2, and where V163 sits

All 155 3-beds →

V163 last sold in December 2011 at AED 467 per sqft, 41% below what three-beds in Zulal 2 were fetching at the time (AED 797). Over the last 12 months three-beds sold for AED 6,900,000, around AED 2,265 per sqft, and rent for AED 206,635 to 350,000 a year.

Recent 3-bed salesVilla no.Price (AED)Summary
18 Nov 20256,900,000
20 Aug 202513,500,000
31 Jul 20256,050,000
17 Jun 20254,900,000
1 3-bed sale in the last 12 months

Zulal 2

Community

156 villas, 2-bed to 3-bed in The Lakes, completed in 2009 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,265
Typical sale
AED 6.9M
Typical rent
AED 263K /yr
Typical yield
4.3%
Zulal 2, The Lakes: prices, sales and rents →

V163, Zulal 2 in numbers

  • Sold twice: first on 12 August 2008 for AED 1,785,944, last on 4 December 2011 for AED 1,425,000 (AED 467 per sqft).
  • Three-beds in Zulal 2 sold for AED 6,900,000–6,900,000 in the 12 months to November 2026; the community's median across all types is AED 2,265 per sqft.

Source: Dubai Land Department. Updated 4 December 2011.

Questions about V163, Zulal 2

What did villa V163 last sell for?

AED 1,425,000 on 4 December 2011: AED 467 per sqft for 3,045 sqft. The villa has 2 registered sales; the first was AED 1,785,944 in August 2008.

How big is villa V163?

3,045 sqft (282.9 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V163 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Zulal 2 sold for AED 6,900,000 to 6,900,000 in the last 12 months, around AED 2,265 per sqft.

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Mortgage on V163, Zulal 2

Starts from the last sale price (AED 1.43M, 4 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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