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

V298, Zulal 2

Sold prices and rental history: sold twice, last in December 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V298 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 3.33M21 December 2009
Current rentAED 280K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V298, Zulal 2

What is V298 worth today?

Last sold for AED 3,327,500 in 2009

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1 Oct 2025RentedRenewal
AED 280,000/yr12 months · AED 78 per sqft
1 Oct 2023RentedRenewal
AED 260,000/yr24 months · AED 73 per sqft
1 Oct 2022RentedRenewal
AED 220,000/yr12 months · AED 62 per sqft
1 Oct 2021RentedRenewal
AED 190,000/yr12 months · AED 53 per sqft
1 Sep 2020RentedRenewal
AED 190,000/yr13 months · AED 53 per sqft
1 Sep 2019RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft
1 Aug 2018RentedRenewal
AED 230,000/yr12 months · AED 64 per sqft
1 Aug 2017RentedRenewal
AED 230,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
3-bed villa
Size
3,575 sqft
Developer
Emaar
Completed
2009
Last sold
AED 3.33M · December 2009
Community
Zulal 2

About V298, Zulal 2

V298 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 21 December 2009 for AED 3,327,500, or AED 930 per sqft, 9% above the AED 854 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 280,000 a year: a gross yield of 8.4% on the 2009 price.

Sales and rents for V298 over time

Sales
Villa V298, 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 3,333,977 (AED 932 per sqft)Sold, December 2009: AED 3,327,500 (AED 930 per sqft)

V298 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V298, 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, August 2015: AED 250,000 a yearRenewal, August 2017: AED 230,000 a yearRenewal, August 2018: AED 230,000 a yearNew contract, September 2019: AED 200,000 a yearRenewal, September 2020: AED 190,000 a yearRenewal, October 2021: AED 190,000 a yearRenewal, October 2022: AED 220,000 a yearRenewal, October 2023: AED 260,000 a yearRenewal, October 2025: AED 280,000 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 V298 sits

All 155 3-beds →

V298 last sold in December 2009 at AED 930 per sqft, 9% above what three-beds in Zulal 2 were fetching at the time (AED 854). 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. V298's AED 280,000 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 →

V298, Zulal 2 in numbers

  • Sold twice: first on 4 August 2008 for AED 3,333,977, last on 21 December 2009 for AED 3,327,500 (AED 930 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 250,000 to AED 190,000 in 2021 and recovered to AED 280,000 by October 2025.
  • At AED 280,000 a year the gross yield on the 2009 price is 8.4%.
  • 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 1 October 2025.

Questions about V298, Zulal 2

What did villa V298 last sell for?

AED 3,327,500 on 21 December 2009: AED 930 per sqft for 3,575 sqft. The villa has 2 registered sales; the first was AED 3,333,977 in August 2008.

What is the rent for villa V298?

AED 280,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2023, was AED 260,000; the villa has been rented since August 2015.

How big is villa V298?

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

What is villa V298 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 V298, Zulal 2

Starts from the last sale price (AED 3.33M, 21 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,327,500
Deposit, UAE resident (20%)
AED 665,500
Deposit, non-resident (40%)
AED 1,331,000
Monthly over 25 years at 3.7%
AED 13,614

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