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

V260, Zulal 2

Sold prices and rental history: sold 3 times, last in October 2020, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V260 · DLD and Ejari recordsUpdated 27 October 2020
Last soldAED 3.8M27 October 2020
Current rentAED 225K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V260, Zulal 2

What is V260 worth today?

Last sold for AED 3,800,000 in 2020

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27 Oct 2020SoldReady
AED 3,800,000AED 1,062 per sqft
1 Dec 2019RentedNew contract
AED 225,000/yr12 months · AED 63 per sqft
20 Oct 2015SoldReady
AED 5,000,000AED 1,398 per sqft
1 Apr 2014Sold by developerReady
AED 3,294,011AED 921 per sqft

Source: Dubai Land Department. Updated 27 October 2020.

Key facts

Type
3-bed villa
Size
3,575 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.8M · October 2020
Community
Zulal 2

About V260, Zulal 2

V260 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 27 October 2020 for AED 3,800,000, or AED 1,062 per sqft, 19% above the AED 893 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 December 2019. The current contract, signed on 1 December 2019, is AED 225,000 a year: a gross yield of 5.9% on the 2020 price.

Sales and rents for V260 over time

Sales
Villa V260, 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, April 2014: AED 3,294,011 (AED 921 per sqft)Sold, October 2015: AED 5,000,000 (AED 1,398 per sqft)Sold, October 2020: AED 3,800,000 (AED 1,062 per sqft)

V260 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V260, 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, December 2019: AED 225,000 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 V260 sits

All 155 3-beds →

V260 last sold in October 2020 at AED 1,062 per sqft, 19% above what three-beds in Zulal 2 were fetching at the time (AED 893). 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. V260's AED 225,000 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 →

V260, Zulal 2 in numbers

  • Sold 3 times: first on 1 April 2014 for AED 3,294,011, last on 27 October 2020 for AED 3,800,000 (AED 1,062 per sqft).
  • Rented since December 2019 on one Ejari contract, at AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2020 price is 5.9%.
  • 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 27 October 2020.

Questions about V260, Zulal 2

What did villa V260 last sell for?

AED 3,800,000 on 27 October 2020: AED 1,062 per sqft for 3,575 sqft. The villa has 3 registered sales; the first was AED 3,294,011 in April 2014.

What is the rent for villa V260?

AED 225,000 a year on the contract signed on 1 December 2019.

How big is villa V260?

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

What is villa V260 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 V260, Zulal 2

Starts from the last sale price (AED 3.8M, 27 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →