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3-bed · 2,556 sqftZulal 2, The Lakes · completed 2009

V177, Zulal 2

Sold prices and rental history: sold 5 times, last in January 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V177 · DLD and Ejari recordsUpdated 12 January 2022
Last soldAED 3.5M12 January 2022
Current rentAED 115K /yr22 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V177, Zulal 2

What is V177 worth today?

Last sold for AED 3,500,000 in 2022

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12 Jan 2022SoldReady
AED 3,500,000AED 1,369 per sqft
15 Jul 2015SoldReady
AED 3,270,000AED 1,279 per sqft
22 Dec 2014RentedNew contract
AED 115,000/yr12 months · AED 45 per sqft
22 Dec 2013RentedNew contract
AED 205,000/yr12 months · AED 80 per sqft
6 May 2013SoldReady
AED 2,950,000AED 1,153 per sqft
15 Jul 2008Sold by developerReady
AED 1,683,750AED 658 per sqft
15 Jul 2008SoldReady
AED 2,553,817AED 998 per sqft

Source: Dubai Land Department. Updated 12 January 2022.

Key facts

Type
3-bed villa
Size
2,556 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.5M · January 2022
Community
Zulal 2

About V177, Zulal 2

V177 is a three-bedroom villa of 2,556 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 12 January 2022 for AED 3,500,000, or AED 1,369 per sqft, 14% above the AED 1,196 three-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 22 December 2014, is AED 115,000 a year: a gross yield of 3.3% on the 2022 price.

Sales and rents for V177 over time

Sales
Villa V177, 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, July 2008: AED 1,683,750 (AED 658 per sqft)Sold, July 2008: AED 2,553,817 (AED 998 per sqft)Sold, May 2013: AED 2,950,000 (AED 1,153 per sqft)Sold, July 2015: AED 3,270,000 (AED 1,279 per sqft)Sold, January 2022: AED 3,500,000 (AED 1,369 per sqft)

V177 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V177, each contractTypical three-bed in Zulal 2
100K200K2012201620202024Typical 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, December 2013: AED 205,000 a yearNew contract, December 2014: AED 115,000 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 2, and where V177 sits

All 155 3-beds →

V177 last sold in January 2022 at AED 1,369 per sqft, 14% above what three-beds in Zulal 2 were fetching at the time (AED 1,196). 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. V177's AED 115,000 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 →

V177, Zulal 2 in numbers

  • Sold 5 times: first on 15 July 2008 for AED 2,553,817, last on 12 January 2022 for AED 3,500,000 (AED 1,369 per sqft).
  • Rented since December 2013 on 2 Ejari contracts, from AED 205,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 3.3%.
  • 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 12 January 2022.

Questions about V177, Zulal 2

What did villa V177 last sell for?

AED 3,500,000 on 12 January 2022: AED 1,369 per sqft for 2,556 sqft. The villa has 5 registered sales; the first was AED 2,553,817 in July 2008.

What is the rent for villa V177?

AED 115,000 a year on the contract signed on 22 December 2014. The previous contract, from December 2013, was AED 205,000.

How big is villa V177?

2,556 sqft (237.5 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V177 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 V177, Zulal 2

Starts from the last sale price (AED 3.5M, 12 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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