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

V241, Zulal 2

Sold prices and rental history: sold twice, last in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V241 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 2.3M11 June 2009
Current rentAED 209K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V241, Zulal 2

What is V241 worth today?

Last sold for AED 2,300,000 in 2009

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10 Mar 2025RentedRenewal
AED 209,000/yr12 months · AED 69 per sqft
10 Mar 2024RentedRenewal
AED 190,000/yr12 months · AED 62 per sqft
10 Mar 2023RentedRenewal
AED 180,000/yr12 months · AED 59 per sqft
10 Mar 2022RentedNew contract
AED 173,250/yr12 months · AED 57 per sqft
10 Mar 2022RentedRenewal
AED 173,250/yr12 months · AED 57 per sqft
10 Mar 2021RentedRenewal
AED 165,000/yr12 months · AED 54 per sqft
10 Mar 2020RentedRenewal
AED 180,000/yr12 months · AED 59 per sqft
10 Mar 2019RentedRenewal
AED 195,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
3-bed villa
Size
3,045 sqft
Developer
Emaar
Completed
2009
Last sold
AED 2.3M · June 2009
Community
Zulal 2

About V241, Zulal 2

V241 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 11 June 2009 for AED 2,300,000, or AED 755 per sqft, 21% below the AED 957 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 209,000 a year: a gross yield of 9.1% on the 2009 price.

Sales and rents for V241 over time

Sales
Villa V241, 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 2,878,577 (AED 945 per sqft)Sold, June 2009: AED 2,300,000 (AED 755 per sqft)

V241 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V241, 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, April 2013: AED 185,000 a yearNew contract, April 2014: AED 194,250 a yearNew contract, April 2015: AED 240,000 a yearRenewal, April 2016: AED 240,000 a yearNew contract, March 2017: AED 210,000 a yearRenewal, March 2019: AED 195,000 a yearRenewal, March 2020: AED 180,000 a yearRenewal, March 2021: AED 165,000 a yearNew contract, March 2022: AED 173,250 a yearRenewal, March 2022: AED 173,250 a yearRenewal, March 2023: AED 180,000 a yearRenewal, March 2024: AED 190,000 a yearRenewal, March 2025: AED 209,000 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 V241 sits

All 155 3-beds →

V241 last sold in June 2009 at AED 755 per sqft, 21% below what three-beds in Zulal 2 were fetching at the time (AED 957). 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. V241's AED 209,000 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 →

V241, Zulal 2 in numbers

  • Sold twice: first on 4 August 2008 for AED 2,878,577, last on 11 June 2009 for AED 2,300,000 (AED 755 per sqft).
  • Rented since April 2013 on 13 Ejari contracts. The rent fell from AED 185,000 to AED 165,000 in 2021 and recovered to AED 209,000 by March 2025.
  • At AED 209,000 a year the gross yield on the 2009 price is 9.1%.
  • 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 10 March 2025.

Questions about V241, Zulal 2

What did villa V241 last sell for?

AED 2,300,000 on 11 June 2009: AED 755 per sqft for 3,045 sqft. The villa has 2 registered sales; the first was AED 2,878,577 in August 2008.

What is the rent for villa V241?

AED 209,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 190,000; the villa has been rented since April 2013.

How big is villa V241?

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

What is villa V241 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 V241, Zulal 2

Starts from the last sale price (AED 2.3M, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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