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3-bed · 2,421 sqftZulal 2, The Lakes · completed 2009

V222, Zulal 2

Sold prices and rental history: sold twice, last in August 2008, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V222 · DLD and Ejari recordsUpdated 6 December 2021
Last soldAED 2.49M11 August 2008
Current rentAED 25K /yr6 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V222, Zulal 2

What is V222 worth today?

Last sold for AED 2,486,972 in 2008

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6 Dec 2021RentedNew contract · flagged as an outlier
AED 25,000/yr48 months · AED 10 per sqft
6 Dec 2021RentedNew contract · flagged as an outlier
AED 25,000/yr48 months · AED 10 per sqft
6 Dec 2021RentedNew contract · flagged as an outlier
AED 25,000/yr48 months · AED 10 per sqft
1 Jan 2020RentedNew contract
AED 100,000/yr36 months · AED 41 per sqft
11 Aug 2008Sold by developerReady
AED 2,486,972AED 1,027 per sqft
11 Aug 2008SoldReady
AED 1,700,000AED 702 per sqft

Source: Dubai Land Department. Updated 6 December 2021.

Key facts

Type
3-bed villa
Size
2,421 sqft
Developer
Emaar
Completed
2009
Last sold
AED 2.49M · August 2008
Community
Zulal 2

About V222, Zulal 2

V222 is a three-bedroom villa of 2,421 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. The developer sold it on 11 August 2008 for AED 2,486,972, or AED 1,027 per sqft, 5% above the AED 982 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 6 December 2021, is AED 25,000 a year: a gross yield of 1.0% on the 2008 price.

Sales and rents for V222 over time

Sales
Villa V222, 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, August 2008: AED 2,486,972 (AED 1,027 per sqft)Sold, August 2008: AED 1,700,000 (AED 702 per sqft)

V222 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V222, 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, January 2020: AED 100,000 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 V222 sits

All 155 3-beds →

V222 last sold in August 2008 at AED 1,027 per sqft, 5% above what three-beds in Zulal 2 were fetching at the time (AED 982). 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. V222's AED 25,000 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 →

V222, Zulal 2 in numbers

  • Sold twice: first on 11 August 2008 for AED 1,700,000, last on 11 August 2008 for AED 2,486,972 (AED 1,027 per sqft).
  • Rented since January 2020 on 4 Ejari contracts, from AED 100,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2008 price is 1.0%.
  • 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 December 2021.

Questions about V222, Zulal 2

What did villa V222 last sell for?

AED 2,486,972 on 11 August 2008, sold by the developer: AED 1,027 per sqft for 2,421 sqft. The villa has 2 registered sales; the first was AED 1,700,000 in August 2008.

What is the rent for villa V222?

AED 25,000 a year on the contract signed on 6 December 2021. The previous contract, from December 2021, was AED 25,000; the villa has been rented since January 2020.

How big is villa V222?

2,421 sqft (224.9 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V222 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 V222, Zulal 2

Starts from the last sale price (AED 2.49M, 11 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,486,972
Deposit, UAE resident (20%)
AED 497,394
Deposit, non-resident (40%)
AED 994,789
Monthly over 25 years at 3.7%
AED 10,175

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