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3-bed · 2,917 sqftZulal 2, The Lakes · completed 2009

V251, Zulal 2

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V251 · DLD and Ejari recordsUpdated 22 April 2022
Last soldAED 4.05M22 April 2022
Current rentAED 158K /yr27 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V251, Zulal 2

What is V251 worth today?

Last sold for AED 4,050,000 in 2022

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22 Apr 2022SoldReady
AED 4,050,000AED 1,388 per sqft
27 Jul 2021RentedRenewal
AED 158,100/yr12 months · AED 54 per sqft
27 Jul 2020RentedNew contract
AED 155,000/yr12 months · AED 53 per sqft
1 Jul 2019RentedRenewal
AED 200,000/yr12 months · AED 69 per sqft
1 Jul 2018RentedNew contract
AED 200,000/yr12 months · AED 69 per sqft
1 Jul 2017RentedRenewal
AED 235,000/yr12 months · AED 81 per sqft
17 Apr 2012SoldReady
AED 2,800,000AED 959 per sqft
6 Dec 2009Sold by developerReady
AED 1,628,944AED 558 per sqft

Source: Dubai Land Department. Updated 22 April 2022.

Key facts

Type
3-bed villa
Size
2,917 sqft
Developer
Emaar
Completed
2009
Last sold
AED 4.05M · April 2022
Community
Zulal 2

About V251, Zulal 2

V251 is a three-bedroom villa of 2,917 sqft in Zulal 2, a villa community in The Lakes completed in 2009 by Emaar. It last sold on 22 April 2022 for AED 4,050,000, or AED 1,388 per sqft, 11% above the AED 1,254 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 27 July 2021, is AED 158,100 a year: a gross yield of 3.9% on the 2022 price.

Sales and rents for V251 over time

Sales
Villa V251, 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, December 2009: AED 1,628,944 (AED 558 per sqft)Sold, April 2012: AED 2,800,000 (AED 959 per sqft)Sold, April 2022: AED 4,050,000 (AED 1,388 per sqft)

V251 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V251, 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, July 2017: AED 235,000 a yearNew contract, July 2018: AED 200,000 a yearRenewal, July 2019: AED 200,000 a yearNew contract, July 2020: AED 155,000 a yearRenewal, July 2021: AED 158,100 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 V251 sits

All 155 3-beds →

V251 last sold in April 2022 at AED 1,388 per sqft, 11% above what three-beds in Zulal 2 were fetching at the time (AED 1,254). 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. V251's AED 158,100 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 →

V251, Zulal 2 in numbers

  • Sold 3 times: first on 6 December 2009 for AED 1,628,944, last on 22 April 2022 for AED 4,050,000 (AED 1,388 per sqft).
  • Rented since July 2017 on 5 Ejari contracts, from AED 235,000 to AED 158,100 a year.
  • At AED 158,100 a year the gross yield on the 2022 price is 3.9%.
  • 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 22 April 2022.

Questions about V251, Zulal 2

What did villa V251 last sell for?

AED 4,050,000 on 22 April 2022: AED 1,388 per sqft for 2,917 sqft. The villa has 3 registered sales; the first was AED 1,628,944 in December 2009.

What is the rent for villa V251?

AED 158,100 a year on the contract renewed on 27 July 2021. The previous contract, from July 2020, was AED 155,000; the villa has been rented since July 2017.

How big is villa V251?

2,917 sqft (271.0 sqm): a three-bedroom villa in Zulal 2, completed in 2009.

What is villa V251 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 V251, Zulal 2

Starts from the last sale price (AED 4.05M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

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