3-bed · 2,425 sqftZulal 2, The Lakes · completed 2009

V199, Zulal 2

Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V199 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 5.9M13 November 2024
Current rentAED 150K /yr11 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V199, Zulal 2

What is V199 worth today?

Last sold for AED 5,900,000 in 2024

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13 Nov 2024SoldReady
AED 5,900,000AED 2,432 per sqft
5 May 2021SoldReady
AED 2,600,000AED 1,072 per sqft
11 Aug 2020RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
11 Aug 2019RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
11 Aug 2018RentedRenewal
AED 185,000/yr12 months · AED 76 per sqft
11 Aug 2017RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
27 Mar 2014SoldReady
AED 3,600,000AED 1,484 per sqft
28 May 2012SoldReady
AED 1,262,500AED 520 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
3-bed villa
Size
2,425 sqft
Developer
Emaar
Completed
2009
Last sold
AED 5.9M · November 2024
Community
Zulal 2

About V199, Zulal 2

V199 is a three-bedroom villa of 2,425 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 13 November 2024 for AED 5,900,000, or AED 2,432 per sqft, 21% above the AED 2,006 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 11 August 2020, is AED 150,000 a year: a gross yield of 2.5% on the 2024 price.

Sales and rents for V199 over time

Sales
Villa V199, 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, November 2008: AED 2,601,432 (AED 1,072 per sqft)Sold, May 2012: AED 1,262,500 (AED 520 per sqft)Sold, March 2014: AED 3,600,000 (AED 1,484 per sqft)Sold, May 2021: AED 2,600,000 (AED 1,072 per sqft)Sold, November 2024: AED 5,900,000 (AED 2,432 per sqft)

V199 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V199, 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, August 2017: AED 185,000 a yearRenewal, August 2018: AED 185,000 a yearRenewal, August 2019: AED 170,000 a yearRenewal, August 2020: AED 150,000 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 V199 sits

All 155 3-beds →

V199 last sold in November 2024 at AED 2,432 per sqft, 21% above what three-beds in Zulal 2 were fetching at the time (AED 2,006). 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. V199's AED 150,000 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 →

V199, Zulal 2 in numbers

  • Sold 5 times: first on 27 November 2008 for AED 2,601,432, last on 13 November 2024 for AED 5,900,000 (AED 2,432 per sqft).
  • Rented since August 2017 on 4 Ejari contracts, from AED 185,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 2.5%.
  • 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 13 November 2024.

Questions about V199, Zulal 2

What did villa V199 last sell for?

AED 5,900,000 on 13 November 2024: AED 2,432 per sqft for 2,425 sqft. The villa has 5 registered sales; the first was AED 2,601,432 in November 2008.

What is the rent for villa V199?

AED 150,000 a year on the contract renewed on 11 August 2020. The previous contract, from August 2019, was AED 170,000; the villa has been rented since August 2017.

How big is villa V199?

2,425 sqft (225.3 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V199 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 V199, Zulal 2

Starts from the last sale price (AED 5.9M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,900,000
Deposit, UAE resident (20%)
AED 1,180,000
Deposit, non-resident (40%)
AED 2,360,000
Monthly over 25 years at 3.7%
AED 24,139

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