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3-bed · 2,240 sqftZulal 2, The Lakes · completed 2009

V202, Zulal 2

Sold prices and rental history: sold 6 times, last in November 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V202 · DLD and Ejari recordsUpdated 7 July 2017
Last soldAED 2.88M13 November 2016
Current rentAED 145K /yr7 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V202, Zulal 2

What is V202 worth today?

Last sold for AED 2,875,000 in 2016

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7 Jul 2017RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft
13 Nov 2016SoldReady
AED 2,875,000AED 1,283 per sqft
6 Aug 2015RentedNew contract
AED 195,000/yr12 months · AED 87 per sqft
24 Nov 2014RentedRenewal
AED 222,512/yr7 months · AED 99 per sqft
24 Nov 2013RentedNew contract
AED 210,000/yr12 months · AED 94 per sqft
1 Sep 2012RentedNew contract
AED 160,000/yr12 months · AED 71 per sqft
3 Jul 2012SoldReady
AED 2,300,000AED 1,026 per sqft
20 May 2012SoldReady
AED 2,250,000AED 1,004 per sqft

Source: Dubai Land Department. Updated 7 July 2017.

Key facts

Type
3-bed villa
Size
2,240 sqft
Developer
Emaar
Completed
2009
Last sold
AED 2.88M · November 2016
Community
Zulal 2

About V202, Zulal 2

V202 is a three-bedroom villa of 2,240 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 13 November 2016 for AED 2,875,000, or AED 1,283 per sqft, 8% above the AED 1,192 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 7 July 2017, is AED 145,000 a year: a gross yield of 5.0% on the 2016 price.

Sales and rents for V202 over time

Sales
Villa V202, 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 2,223,131 (AED 992 per sqft)Sold, July 2008: AED 3,600,000 (AED 1,607 per sqft)Sold, April 2010: AED 1,860,000 (AED 830 per sqft)Sold, May 2012: AED 2,250,000 (AED 1,004 per sqft)Sold, July 2012: AED 2,300,000 (AED 1,026 per sqft)Sold, November 2016: AED 2,875,000 (AED 1,283 per sqft)

V202 has sold 6 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V202, each contractTypical three-bed in Zulal 2
200K2012201620202024Typical 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, September 2012: AED 160,000 a yearNew contract, November 2013: AED 210,000 a yearRenewal, November 2014: AED 222,512 a yearNew contract, August 2015: AED 195,000 a yearNew contract, July 2017: AED 145,000 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 V202 sits

All 155 3-beds →

V202 last sold in November 2016 at AED 1,283 per sqft, 8% above what three-beds in Zulal 2 were fetching at the time (AED 1,192). 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. V202's AED 145,000 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 →

V202, Zulal 2 in numbers

  • Sold 6 times: first on 23 July 2008 for AED 3,600,000, last on 13 November 2016 for AED 2,875,000 (AED 1,283 per sqft).
  • Rented since September 2012 on 5 Ejari contracts, from AED 160,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 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 7 July 2017.

Questions about V202, Zulal 2

What did villa V202 last sell for?

AED 2,875,000 on 13 November 2016: AED 1,283 per sqft for 2,240 sqft. The villa has 6 registered sales; the first was AED 3,600,000 in July 2008.

What is the rent for villa V202?

AED 145,000 a year on the contract signed on 7 July 2017. The previous contract, from August 2015, was AED 195,000; the villa has been rented since September 2012.

How big is villa V202?

2,240 sqft (208.1 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V202 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 V202, Zulal 2

Starts from the last sale price (AED 2.88M, 13 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,875,000
Deposit, UAE resident (20%)
AED 575,000
Deposit, non-resident (40%)
AED 1,150,000
Monthly over 25 years at 3.7%
AED 11,763

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