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3-bed · 2,233 sqftZulal 2, The Lakes · completed 2009

V228, Zulal 2

Sold prices and rental history: sold twice, last in January 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V228 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 2.46M16 January 2020
Current rentAED 236K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V228, Zulal 2

What is V228 worth today?

Last sold for AED 2,460,000 in 2020

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15 Sep 2025RentedRenewal
AED 236,250/yr12 months · AED 106 per sqft
15 Sep 2024RentedRenewal
AED 236,250/yr12 months · AED 106 per sqft
15 Sep 2023RentedRenewal
AED 225,000/yr12 months · AED 101 per sqft
1 Sep 2021RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
1 Jun 2021RentedNew contract
AED 168,996/yr2 months · AED 76 per sqft
1 Jun 2020RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft
16 Jan 2020SoldReady
AED 2,460,000AED 1,101 per sqft
17 Jan 2019RentedRenewal
AED 190,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
3-bed villa
Size
2,233 sqft
Developer
Emaar
Completed
2009
Last sold
AED 2.46M · January 2020
Community
Zulal 2

About V228, Zulal 2

V228 is a three-bedroom villa of 2,233 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 16 January 2020 for AED 2,460,000, or AED 1,101 per sqft, 10% above the AED 999 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 236,250 a year: a gross yield of 9.6% on the 2020 price.

Sales and rents for V228 over time

Sales
Villa V228, 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 2010: AED 3,082,888 (AED 1,380 per sqft)Sold, January 2020: AED 2,460,000 (AED 1,101 per sqft)

V228 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V228, 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, November 2012: AED 200,000 a yearNew contract, November 2014: AED 215,000 a yearRenewal, November 2016: AED 215,000 a yearNew contract, January 2018: AED 190,000 a yearRenewal, January 2019: AED 190,000 a yearNew contract, June 2020: AED 145,000 a yearNew contract, June 2021: AED 168,996 a yearNew contract, September 2021: AED 180,000 a yearRenewal, September 2023: AED 225,000 a yearRenewal, September 2024: AED 236,250 a yearRenewal, September 2025: AED 236,250 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 V228 sits

All 155 3-beds →

V228 last sold in January 2020 at AED 1,101 per sqft, 10% above what three-beds in Zulal 2 were fetching at the time (AED 999). 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. V228's AED 236,250 is in the lower half 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 →

V228, Zulal 2 in numbers

  • Sold twice: first on 31 August 2010 for AED 3,082,888, last on 16 January 2020 for AED 2,460,000 (AED 1,101 per sqft).
  • Rented since November 2012 on 11 Ejari contracts. The rent fell from AED 200,000 to AED 145,000 in 2020 and recovered to AED 236,250 by September 2025.
  • At AED 236,250 a year the gross yield on the 2020 price is 9.6%.
  • 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 15 September 2025.

Questions about V228, Zulal 2

What did villa V228 last sell for?

AED 2,460,000 on 16 January 2020: AED 1,101 per sqft for 2,233 sqft. The villa has 2 registered sales; the first was AED 3,082,888 in August 2010.

What is the rent for villa V228?

AED 236,250 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 236,250; the villa has been rented since November 2012.

How big is villa V228?

2,233 sqft (207.5 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V228 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 V228, Zulal 2

Starts from the last sale price (AED 2.46M, 16 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,460,000
Deposit, UAE resident (20%)
AED 492,000
Deposit, non-resident (40%)
AED 984,000
Monthly over 25 years at 3.7%
AED 10,065

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