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

V257, Zulal 2

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V257 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 2.4M30 August 2020
Current rentAED 300K /yr27 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V257, Zulal 2

What is V257 worth today?

Last sold for AED 2,400,000 in 2020

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27 Sep 2024RentedNew contract
AED 300,000/yr12 months · AED 99 per sqft
16 Sep 2023RentedRenewal
AED 250,000/yr12 months · AED 82 per sqft
16 Sep 2022RentedNew contract
AED 210,000/yr12 months · AED 69 per sqft
16 Sep 2021RentedRenewal
AED 195,000/yr12 months · AED 64 per sqft
16 Sep 2020RentedNew contract
AED 195,000/yr12 months · AED 64 per sqft
30 Aug 2020SoldReady
AED 2,400,000AED 788 per sqft
1 Jan 2015RentedNew contract
AED 200,000/yr12 months · AED 66 per sqft
9 Jun 2009Sold by developerReady
AED 2,729,474AED 896 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
3-bed villa
Size
3,045 sqft
Developer
Emaar
Completed
2009
Last sold
AED 2.4M · August 2020
Community
Zulal 2

About V257, Zulal 2

V257 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 30 August 2020 for AED 2,400,000, or AED 788 per sqft, 11% below the AED 889 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 27 September 2024, is AED 300,000 a year: a gross yield of 12.5% on the 2020 price.

Sales and rents for V257 over time

Sales
Villa V257, 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, June 2009: AED 2,729,474 (AED 896 per sqft)Sold, August 2020: AED 2,400,000 (AED 788 per sqft)

V257 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V257, each contractTypical three-bed in Zulal 2
200K300K2012201620202024Typical 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, January 2015: AED 200,000 a yearNew contract, September 2020: AED 195,000 a yearRenewal, September 2021: AED 195,000 a yearNew contract, September 2022: AED 210,000 a yearRenewal, September 2023: AED 250,000 a yearNew contract, September 2024: AED 300,000 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 V257 sits

All 155 3-beds →

V257 last sold in August 2020 at AED 788 per sqft, 11% below what three-beds in Zulal 2 were fetching at the time (AED 889). 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. V257's AED 300,000 is in the upper 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 →

V257, Zulal 2 in numbers

  • Sold twice: first on 9 June 2009 for AED 2,729,474, last on 30 August 2020 for AED 2,400,000 (AED 788 per sqft).
  • Rented since January 2015 on 6 Ejari contracts, from AED 200,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2020 price is 12.5%.
  • 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 27 September 2024.

Questions about V257, Zulal 2

What did villa V257 last sell for?

AED 2,400,000 on 30 August 2020: AED 788 per sqft for 3,045 sqft. The villa has 2 registered sales; the first was AED 2,729,474 in June 2009.

What is the rent for villa V257?

AED 300,000 a year on the contract signed on 27 September 2024. The previous contract, from September 2023, was AED 250,000; the villa has been rented since January 2015.

How big is villa V257?

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

What is villa V257 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 V257, Zulal 2

Starts from the last sale price (AED 2.4M, 30 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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