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3-bed · 2,917 sqftZulal 2, The Lakes · completed 2009

V164, Zulal 2

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

Villa V164 · DLD and Ejari recordsUpdated 11 March 2016
Last soldAED 3.47M25 February 2013
Current rentAED 230K /yr11 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V164, Zulal 2

What is V164 worth today?

Last sold for AED 3,465,000 in 2013

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11 Mar 2016RentedRenewal
AED 230,300/yr12 months · AED 79 per sqft
11 Mar 2014RentedNew contract
AED 230,300/yr24 months · AED 79 per sqft
11 Mar 2013RentedNew contract
AED 210,000/yr12 months · AED 72 per sqft
25 Feb 2013SoldReady
AED 3,465,000AED 1,187 per sqft
8 Aug 2010Sold by developerReady
AED 3,410,888AED 1,169 per sqft

Source: Dubai Land Department. Updated 11 March 2016.

Key facts

Type
3-bed villa
Size
2,917 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.47M · February 2013
Community
Zulal 2

About V164, Zulal 2

V164 is a three-bedroom villa of 2,917 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 25 February 2013 for AED 3,465,000, or AED 1,187 per sqft, 16% above the AED 1,022 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 11 March 2016, is AED 230,300 a year: a gross yield of 6.7% on the 2013 price.

Sales and rents for V164 over time

Sales
Villa V164, each saleTypical three-bed in Zulal 2
2M4M6M2008201320182023Typical 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 2010: AED 3,410,888 (AED 1,169 per sqft)Sold, February 2013: AED 3,465,000 (AED 1,187 per sqft)

V164 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V164, 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 236,250New contract, March 2013: AED 210,000 a yearNew contract, March 2014: AED 230,300 a yearRenewal, March 2016: AED 230,300 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 2, and where V164 sits

All 155 3-beds →

V164 last sold in February 2013 at AED 1,187 per sqft, 16% above what three-beds in Zulal 2 were fetching at the time (AED 1,022). 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. V164's AED 230,300 is in the lower half of that range.

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 →

V164, Zulal 2 in numbers

  • Sold twice: first on 8 August 2010 for AED 3,410,888, last on 25 February 2013 for AED 3,465,000 (AED 1,187 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 210,000 to AED 230,300 a year.
  • At AED 230,300 a year the gross yield on the 2013 price is 6.7%.
  • 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 11 March 2016.

Questions about V164, Zulal 2

What did villa V164 last sell for?

AED 3,465,000 on 25 February 2013: AED 1,187 per sqft for 2,917 sqft. The villa has 2 registered sales; the first was AED 3,410,888 in August 2010.

What is the rent for villa V164?

AED 230,300 a year on the contract renewed on 11 March 2016. The previous contract, from March 2014, was AED 230,300; the villa has been rented since March 2013.

How big is villa V164?

2,917 sqft (271.0 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V164 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 V164, Zulal 2

Starts from the last sale price (AED 3.47M, 25 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,465,000
Deposit, UAE resident (20%)
AED 693,000
Deposit, non-resident (40%)
AED 1,386,000
Monthly over 25 years at 3.7%
AED 14,176

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