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3-bed · 2,558 sqftZulal 2, The Lakes · completed 2009

V179, Zulal 2

Sold prices and rental history: sold 4 times, last in July 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V179 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 3.24M6 July 2022
Current rentAED 163K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V179, Zulal 2

What is V179 worth today?

Last sold for AED 3,235,000 in 2022

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6 Jul 2022SoldReady
AED 3,235,000AED 1,264 per sqft
1 Apr 2022RentedRenewal
AED 162,750/yr12 months · AED 64 per sqft
1 Apr 2021RentedNew contract
AED 155,000/yr12 months · AED 61 per sqft
21 Jun 2016SoldReady
AED 2,850,000AED 1,114 per sqft
24 Jun 2008Sold by developerReady
AED 2,553,817AED 998 per sqft
24 Jun 2008SoldReady
AED 1,683,750AED 658 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
3-bed villa
Size
2,558 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.24M · July 2022
Community
Zulal 2

About V179, Zulal 2

V179 is a three-bedroom villa of 2,558 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 6 July 2022 for AED 3,235,000, or AED 1,264 per sqft, in line with the AED 1,267 three-beds in the community were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 162,750 a year: a gross yield of 5.0% on the 2022 price.

Sales and rents for V179 over time

Sales
Villa V179, 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, June 2008: AED 2,553,817 (AED 998 per sqft)Sold, June 2008: AED 1,683,750 (AED 658 per sqft)Sold, June 2016: AED 2,850,000 (AED 1,114 per sqft)Sold, July 2022: AED 3,235,000 (AED 1,264 per sqft)

V179 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V179, 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 2021: AED 155,000 a yearRenewal, April 2022: AED 162,750 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 V179 sits

All 155 3-beds →

V179 last sold in July 2022 at AED 1,264 per sqft, in line with what three-beds in Zulal 2 were fetching at the time (AED 1,267). 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. V179's AED 162,750 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 →

V179, Zulal 2 in numbers

  • Sold 4 times: first on 24 June 2008 for AED 1,683,750, last on 6 July 2022 for AED 3,235,000 (AED 1,264 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 155,000 to AED 162,750 a year.
  • At AED 162,750 a year the gross yield on the 2022 price is 5.0%.
  • 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 6 July 2022.

Questions about V179, Zulal 2

What did villa V179 last sell for?

AED 3,235,000 on 6 July 2022: AED 1,264 per sqft for 2,558 sqft. The villa has 4 registered sales; the first was AED 1,683,750 in June 2008.

What is the rent for villa V179?

AED 162,750 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 155,000.

How big is villa V179?

2,558 sqft (237.6 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V179 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 V179, Zulal 2

Starts from the last sale price (AED 3.24M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,235,000
Deposit, UAE resident (20%)
AED 647,000
Deposit, non-resident (40%)
AED 1,294,000
Monthly over 25 years at 3.7%
AED 13,235

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