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

V271, Zulal 2

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V271 · DLD and Ejari recordsUpdated 17 August 2016
Last soldAED 1.65M17 August 2016
Current rentAED 214K /yr25 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V271, Zulal 2

What is V271 worth today?

Last sold for AED 1,650,000 in 2016

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17 Aug 2016SoldReady
AED 1,650,000AED 541 per sqft
25 Mar 2015RentedRenewal
AED 213,675/yr12 months · AED 70 per sqft
25 Mar 2014RentedNew contract
AED 194,250/yr12 months · AED 64 per sqft
25 Mar 2013RentedNew contract
AED 185,000/yr12 months · AED 61 per sqft
25 Mar 2012RentedNew contract
AED 185,000/yr12 months · AED 61 per sqft
4 Aug 2009SoldReady
AED 2,300,000AED 755 per sqft
4 Aug 2008Sold by developerReady
AED 2,853,737AED 937 per sqft

Source: Dubai Land Department. Updated 17 August 2016.

Key facts

Type
3-bed villa
Size
3,045 sqft
Developer
Emaar
Completed
2009
Last sold
AED 1.65M · August 2016
Community
Zulal 2

About V271, Zulal 2

V271 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 17 August 2016 for AED 1,650,000, or AED 541 per sqft, 54% below the AED 1,177 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 25 March 2015, is AED 213,675 a year: a gross yield of 13.0% on the 2016 price.

Sales and rents for V271 over time

Sales
Villa V271, 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 2,853,737 (AED 937 per sqft)Sold, August 2009: AED 2,300,000 (AED 755 per sqft)Sold, August 2016: AED 1,650,000 (AED 541 per sqft)

V271 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V271, 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, March 2012: AED 185,000 a yearNew contract, March 2013: AED 185,000 a yearNew contract, March 2014: AED 194,250 a yearRenewal, March 2015: AED 213,675 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 V271 sits

All 155 3-beds →

V271 last sold in August 2016 at AED 541 per sqft, 54% below what three-beds in Zulal 2 were fetching at the time (AED 1,177). 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. V271's AED 213,675 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 →

V271, Zulal 2 in numbers

  • Sold 3 times: first on 4 August 2008 for AED 2,853,737, last on 17 August 2016 for AED 1,650,000 (AED 541 per sqft).
  • Rented since March 2012 on 4 Ejari contracts, from AED 185,000 to AED 213,675 a year.
  • At AED 213,675 a year the gross yield on the 2016 price is 13.0%.
  • 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 August 2016.

Questions about V271, Zulal 2

What did villa V271 last sell for?

AED 1,650,000 on 17 August 2016: AED 541 per sqft for 3,045 sqft. The villa has 3 registered sales; the first was AED 2,853,737 in August 2008.

What is the rent for villa V271?

AED 213,675 a year on the contract renewed on 25 March 2015. The previous contract, from March 2014, was AED 194,250; the villa has been rented since March 2012.

How big is villa V271?

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

What is villa V271 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 V271, Zulal 2

Starts from the last sale price (AED 1.65M, 17 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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