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3-bed · 2,713 sqftZulal 2, The Lakes · completed 2009

V184, Zulal 2

Sold prices and rental history: sold 3 times, last in October 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V184 · DLD and Ejari recordsUpdated 21 October 2013
Last soldAED 3.6M2 October 2013
Current rentAED 120K /yr21 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V184, Zulal 2

What is V184 worth today?

Last sold for AED 3,600,000 in 2013

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21 Oct 2013RentedNew contract
AED 120,000/yr12 months · AED 44 per sqft
2 Oct 2013SoldReady
AED 3,600,000AED 1,327 per sqft
17 Jul 2012RentedNew contract
AED 155,000/yr12 months · AED 57 per sqft
20 May 2008Sold by developerReady
AED 2,573,137AED 948 per sqft
20 May 2008SoldReady
AED 3,420,000AED 1,260 per sqft

Source: Dubai Land Department. Updated 21 October 2013.

Key facts

Type
3-bed villa
Size
2,713 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.6M · October 2013
Community
Zulal 2

About V184, Zulal 2

V184 is a three-bedroom villa of 2,713 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 2 October 2013 for AED 3,600,000, or AED 1,327 per sqft, 15% above the AED 1,151 three-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 21 October 2013, is AED 120,000 a year: a gross yield of 3.3% on the 2013 price.

Sales and rents for V184 over time

Sales
Villa V184, 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 2008: AED 2,573,137 (AED 948 per sqft)Sold, May 2008: AED 3,420,000 (AED 1,260 per sqft)Sold, October 2013: AED 3,600,000 (AED 1,327 per sqft)

V184 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V184, 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, July 2012: AED 155,000 a yearNew contract, October 2013: AED 120,000 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 V184 sits

All 155 3-beds →

V184 last sold in October 2013 at AED 1,327 per sqft, 15% above what three-beds in Zulal 2 were fetching at the time (AED 1,151). 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. V184's AED 120,000 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 →

V184, Zulal 2 in numbers

  • Sold 3 times: first on 20 May 2008 for AED 3,420,000, last on 2 October 2013 for AED 3,600,000 (AED 1,327 per sqft).
  • Rented since July 2012 on 2 Ejari contracts, from AED 155,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 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 21 October 2013.

Questions about V184, Zulal 2

What did villa V184 last sell for?

AED 3,600,000 on 2 October 2013: AED 1,327 per sqft for 2,713 sqft. The villa has 3 registered sales; the first was AED 3,420,000 in May 2008.

What is the rent for villa V184?

AED 120,000 a year on the contract signed on 21 October 2013. The previous contract, from July 2012, was AED 155,000.

How big is villa V184?

2,713 sqft (252.0 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V184 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 V184, Zulal 2

Starts from the last sale price (AED 3.6M, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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