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3-bed · 3,045 sqftZulal 2, The Lakes · completed 2009

V233, Zulal 2

Sold prices and rental history: sold 4 times, last in April 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V233 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 6.18M24 April 2024
Current rentAED 170K /yr23 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V233, Zulal 2

What is V233 worth today?

Last sold for AED 6,175,000 in 2024

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24 Apr 2024SoldReady
AED 6,175,000AED 2,027 per sqft
16 Jun 2022SoldReady
AED 3,641,781AED 1,195 per sqft
23 Sep 2021RentedRenewal
AED 170,000/yr12 months · AED 56 per sqft
23 Sep 2020RentedRenewal
AED 170,000/yr12 months · AED 56 per sqft
23 Sep 2019RentedNew contract
AED 175,000/yr12 months · AED 57 per sqft
27 Jul 2011SoldReady
AED 1,225,000AED 402 per sqft
19 Mar 2009Sold by developerReady
AED 1,364,735AED 448 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
3-bed villa
Size
3,045 sqft
Developer
Emaar
Completed
2009
Last sold
AED 6.18M · April 2024
Community
Zulal 2

About V233, Zulal 2

V233 is a three-bedroom villa of 3,045 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 24 April 2024 for AED 6,175,000, or AED 2,027 per sqft, 15% above the AED 1,755 three-beds in the community were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 23 September 2021, is AED 170,000 a year: a gross yield of 2.8% on the 2024 price.

Sales and rents for V233 over time

Sales
Villa V233, 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, March 2009: AED 1,364,735 (AED 448 per sqft)Sold, July 2011: AED 1,225,000 (AED 402 per sqft)Sold, June 2022: AED 3,641,781 (AED 1,195 per sqft)Sold, April 2024: AED 6,175,000 (AED 2,027 per sqft)

V233 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V233, 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, September 2019: AED 175,000 a yearRenewal, September 2020: AED 170,000 a yearRenewal, September 2021: AED 170,000 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 V233 sits

All 155 3-beds →

V233 last sold in April 2024 at AED 2,027 per sqft, 15% above what three-beds in Zulal 2 were fetching at the time (AED 1,755). 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. V233's AED 170,000 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 →

V233, Zulal 2 in numbers

  • Sold 4 times: first on 19 March 2009 for AED 1,364,735, last on 24 April 2024 for AED 6,175,000 (AED 2,027 per sqft).
  • Rented since September 2019 on 3 Ejari contracts, from AED 175,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 2.8%.
  • 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 24 April 2024.

Questions about V233, Zulal 2

What did villa V233 last sell for?

AED 6,175,000 on 24 April 2024: AED 2,027 per sqft for 3,045 sqft. The villa has 4 registered sales; the first was AED 1,364,735 in March 2009.

What is the rent for villa V233?

AED 170,000 a year on the contract renewed on 23 September 2021. The previous contract, from September 2020, was AED 170,000; the villa has been rented since September 2019.

How big is villa V233?

3,045 sqft (282.9 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V233 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 V233, Zulal 2

Starts from the last sale price (AED 6.18M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,175,000
Deposit, UAE resident (20%)
AED 1,235,000
Deposit, non-resident (40%)
AED 2,470,000
Monthly over 25 years at 3.7%
AED 25,264

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