Home
Dubai prices
About
Research
3-bed · 2,710 sqftZulal 2, The Lakes · completed 2009

V178, Zulal 2

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V178 · DLD and Ejari recordsUpdated 5 January 2024
Last soldAED 3.8M6 March 2023
Current rentAED 179K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V178

Property timeline for V178, Zulal 2

What is V178 worth today?

Last sold for AED 3,800,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jan 2024RentedRenewal
AED 179,375/yr2 months · AED 66 per sqft
6 Mar 2023SoldReady
AED 3,800,000AED 1,402 per sqft
5 Jan 2022RentedRenewal
AED 157,000/yr12 months · AED 58 per sqft
5 Jan 2021RentedRenewal
AED 157,000/yr12 months · AED 58 per sqft
5 Jan 2020RentedNew contract
AED 167,000/yr12 months · AED 62 per sqft
1 Dec 2018RentedRenewal
AED 185,000/yr12 months · AED 68 per sqft
1 Dec 2017RentedRenewal
AED 195,000/yr12 months · AED 72 per sqft
1 Dec 2016RentedNew contract
AED 195,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 5 January 2024.

Key facts

Type
3-bed villa
Size
2,710 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.8M · March 2023
Community
Zulal 2

About V178, Zulal 2

V178 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 6 March 2023 for AED 3,800,000, or AED 1,402 per sqft, 4% above the AED 1,349 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 5 January 2024, is AED 179,375 a year: a gross yield of 4.7% on the 2023 price.

Sales and rents for V178 over time

Sales
Villa V178, 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, April 2009: AED 1,432,749 (AED 528 per sqft)Sold, March 2023: AED 3,800,000 (AED 1,402 per sqft)

V178 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V178, 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, April 2015: AED 207,900 a yearRenewal, April 2016: AED 218,295 a yearNew contract, December 2016: AED 195,000 a yearRenewal, December 2017: AED 195,000 a yearRenewal, December 2018: AED 185,000 a yearNew contract, January 2020: AED 167,000 a yearRenewal, January 2021: AED 157,000 a yearRenewal, January 2022: AED 157,000 a yearRenewal, January 2024: AED 179,375 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 V178 sits

All 155 3-beds →

V178 last sold in March 2023 at AED 1,402 per sqft, 4% above what three-beds in Zulal 2 were fetching at the time (AED 1,349). 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. V178's AED 179,375 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 →

V178, Zulal 2 in numbers

  • Sold twice: first on 2 April 2009 for AED 1,432,749, last on 6 March 2023 for AED 3,800,000 (AED 1,402 per sqft).
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 207,900 to AED 157,000 in 2022 and recovered to AED 179,375 by January 2024.
  • At AED 179,375 a year the gross yield on the 2023 price is 4.7%.
  • 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 5 January 2024.

Questions about V178, Zulal 2

What did villa V178 last sell for?

AED 3,800,000 on 6 March 2023: AED 1,402 per sqft for 2,710 sqft. The villa has 2 registered sales; the first was AED 1,432,749 in April 2009.

What is the rent for villa V178?

AED 179,375 a year on the contract renewed on 5 January 2024. The previous contract, from January 2022, was AED 157,000; the villa has been rented since April 2015.

How big is villa V178?

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

What is villa V178 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.

Selling V178? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V178, Zulal 2

Starts from the last sale price (AED 3.8M, 6 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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