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3-bed · 2,710 sqftZulal 2, The Lakes · completed 2009

V174, Zulal 2

Sold prices and rental history: sold 4 times, last in September 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V174 · DLD and Ejari recordsUpdated 19 September 2022
Last soldAED 3.67M19 September 2022
Current rentAED 205K /yr1 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V174, Zulal 2

What is V174 worth today?

Last sold for AED 3,673,100 in 2022

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19 Sep 2022SoldReady
AED 3,673,100AED 1,355 per sqft
26 Sep 2016SoldReady
AED 3,270,000AED 1,206 per sqft
1 Jul 2016RentedRenewal
AED 204,999/yr4 months · AED 76 per sqft
1 May 2014RentedNew contract
AED 210,000/yr12 months · AED 78 per sqft
1 May 2013RentedNew contract
AED 200,000/yr12 months · AED 74 per sqft
13 Feb 2013SoldReady
AED 3,250,000AED 1,199 per sqft
18 May 2010Sold by developerReady
AED 3,306,888AED 1,220 per sqft

Source: Dubai Land Department. Updated 19 September 2022.

Key facts

Type
3-bed villa
Size
2,710 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.67M · September 2022
Community
Zulal 2

About V174, Zulal 2

V174 is a three-bedroom villa of 2,710 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 19 September 2022 for AED 3,673,100, or AED 1,355 per sqft, in line with the AED 1,342 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 1 July 2016, is AED 204,999 a year: a gross yield of 5.6% on the 2022 price.

Sales and rents for V174 over time

Sales
Villa V174, 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, May 2010: AED 3,306,888 (AED 1,220 per sqft)Sold, February 2013: AED 3,250,000 (AED 1,199 per sqft)Sold, September 2016: AED 3,270,000 (AED 1,206 per sqft)Sold, September 2022: AED 3,673,100 (AED 1,355 per sqft)

V174 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V174, 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, May 2013: AED 200,000 a yearNew contract, May 2014: AED 210,000 a yearRenewal, July 2016: AED 204,999 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 V174 sits

All 155 3-beds →

V174 last sold in September 2022 at AED 1,355 per sqft, in line with what three-beds in Zulal 2 were fetching at the time (AED 1,342). 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. V174's AED 204,999 is at the bottom 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 →

V174, Zulal 2 in numbers

  • Sold 4 times: first on 18 May 2010 for AED 3,306,888, last on 19 September 2022 for AED 3,673,100 (AED 1,355 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 200,000 to AED 204,999 a year.
  • At AED 204,999 a year the gross yield on the 2022 price is 5.6%.
  • 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 19 September 2022.

Questions about V174, Zulal 2

What did villa V174 last sell for?

AED 3,673,100 on 19 September 2022: AED 1,355 per sqft for 2,710 sqft. The villa has 4 registered sales; the first was AED 3,306,888 in May 2010.

What is the rent for villa V174?

AED 204,999 a year on the contract renewed on 1 July 2016. The previous contract, from May 2014, was AED 210,000; the villa has been rented since May 2013.

How big is villa V174?

2,710 sqft (251.8 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V174 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 V174, Zulal 2

Starts from the last sale price (AED 3.67M, 19 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,673,100
Deposit, UAE resident (20%)
AED 734,620
Deposit, non-resident (40%)
AED 1,469,240
Monthly over 25 years at 3.7%
AED 15,028

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