3-bed · 3,575 sqftZulal 2, The Lakes · completed 2009

V236, Zulal 2

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V236 · DLD and Ejari recordsUpdated 21 April 2022
Last soldAED 4.5M21 April 2022
Current rentAED 195K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V236, Zulal 2

What is V236 worth today?

Last sold for AED 4,500,000 in 2022

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21 Apr 2022SoldReady
AED 4,500,000AED 1,258 per sqft
1 Nov 2021RentedRenewal
AED 195,000/yr12 months · AED 55 per sqft
1 Nov 2020RentedRenewal
AED 195,000/yr12 months · AED 55 per sqft
1 Aug 2020RentedRenewal
AED 200,000/yr3 months · AED 56 per sqft
1 Aug 2019RentedRenewal
AED 215,000/yr12 months · AED 60 per sqft
1 Aug 2018RentedRenewal
AED 240,000/yr12 months · AED 67 per sqft
5 Sep 2011Sold by developerReady
AED 2,820,000AED 788 per sqft
5 Sep 2011SoldReady
AED 3,633,888AED 1,016 per sqft

Source: Dubai Land Department. Updated 21 April 2022.

Key facts

Type
3-bed villa
Size
3,575 sqft
Developer
Emaar
Completed
2009
Last sold
AED 4.5M · April 2022
Community
Zulal 2

About V236, Zulal 2

V236 is a three-bedroom villa of 3,575 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 21 April 2022 for AED 4,500,000, or AED 1,258 per sqft, in line with the AED 1,234 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 195,000 a year: a gross yield of 4.3% on the 2022 price.

Sales and rents for V236 over time

Sales
Villa V236, 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, September 2011: AED 2,820,000 (AED 788 per sqft)Sold, September 2011: AED 3,633,888 (AED 1,016 per sqft)Sold, April 2022: AED 4,500,000 (AED 1,258 per sqft)

V236 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V236, 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 236,250Renewal, August 2018: AED 240,000 a yearRenewal, August 2019: AED 215,000 a yearRenewal, August 2020: AED 200,000 a yearRenewal, November 2020: AED 195,000 a yearRenewal, November 2021: AED 195,000 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 V236 sits

All 155 3-beds →

V236 last sold in April 2022 at AED 1,258 per sqft, in line with what three-beds in Zulal 2 were fetching at the time (AED 1,234). 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. V236's AED 195,000 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 →

V236, Zulal 2 in numbers

  • Sold 3 times: first on 5 September 2011 for AED 3,633,888, last on 21 April 2022 for AED 4,500,000 (AED 1,258 per sqft).
  • Rented since August 2018 on 5 Ejari contracts, from AED 240,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2022 price is 4.3%.
  • 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 21 April 2022.

Questions about V236, Zulal 2

What did villa V236 last sell for?

AED 4,500,000 on 21 April 2022: AED 1,258 per sqft for 3,575 sqft. The villa has 3 registered sales; the first was AED 3,633,888 in September 2011.

What is the rent for villa V236?

AED 195,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 195,000; the villa has been rented since August 2018.

How big is villa V236?

3,575 sqft (332.1 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V236 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 V236, Zulal 2

Starts from the last sale price (AED 4.5M, 21 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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