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

V242, Zulal 2

Sold prices and rental history: sold 5 times, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V242 · DLD and Ejari recordsUpdated 17 October 2023
Last soldAED 8.15M17 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V242, Zulal 2

What is V242 worth today?

Last sold for AED 8,150,000 in 2023

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17 Oct 2023SoldReady
AED 8,150,000AED 2,279 per sqft
31 Aug 2022SoldReady
AED 5,950,000AED 1,664 per sqft
25 Dec 2019SoldReady
AED 3,800,000AED 1,062 per sqft
28 Mar 2012SoldReady
AED 3,725,000AED 1,041 per sqft
8 Mar 2012Sold by developerReady
AED 3,894,888AED 1,089 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

Key facts

Type
3-bed villa
Size
3,575 sqft
Developer
Emaar
Completed
2009
Last sold
AED 8.15M · October 2023
Community
Zulal 2

About V242, Zulal 2

V242 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 17 October 2023 for AED 8,150,000, or AED 2,279 per sqft, 45% above the AED 1,575 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V242 over time

Sales
Villa V242, each saleTypical three-bed in Zulal 2
5M2008201320182023Typical 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, March 2012: AED 3,725,000 (AED 1,041 per sqft)Sold by developer, March 2012: AED 3,894,888 (AED 1,089 per sqft)Sold, December 2019: AED 3,800,000 (AED 1,062 per sqft)Sold, August 2022: AED 5,950,000 (AED 1,664 per sqft)Sold, October 2023: AED 8,150,000 (AED 2,279 per sqft)

V242 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V242, 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 236,250

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 V242 sits

All 155 3-beds →

V242 last sold in October 2023 at AED 2,279 per sqft, 45% above what three-beds in Zulal 2 were fetching at the time (AED 1,575). 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.

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 →

V242, Zulal 2 in numbers

  • Sold 5 times: first on 8 March 2012 for AED 3,894,888, last on 17 October 2023 for AED 8,150,000 (AED 2,279 per sqft).
  • 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 17 October 2023.

Questions about V242, Zulal 2

What did villa V242 last sell for?

AED 8,150,000 on 17 October 2023: AED 2,279 per sqft for 3,575 sqft. The villa has 5 registered sales; the first was AED 3,894,888 in March 2012.

How big is villa V242?

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

What is villa V242 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 V242, Zulal 2

Starts from the last sale price (AED 8.15M, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,150,000
Deposit, UAE resident (20%)
AED 1,630,000
Deposit, non-resident (40%)
AED 3,260,000
Monthly over 25 years at 3.7%
AED 33,344

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