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4-bed · 3,375 sqftDeema 1, The Lakes · completed 2003

V008, Deema 1

Sold prices and rental history: sold 3 times, last in January 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V008 · DLD and Ejari recordsUpdated 20 January 2013
Last soldAED 5.5M20 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V008, Deema 1

What is V008 worth today?

Last sold for AED 5,500,000 in 2013

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20 Jan 2013SoldReady
AED 5,500,000AED 1,629 per sqft
19 Apr 2012SoldReady
AED 3,950,000AED 1,170 per sqft
24 Feb 2011Sold by developerReady
AED 2,078,655AED 615 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2013.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 5.5M · January 2013
Community
Deema 1

About V008, Deema 1

V008 is a four-bedroom villa of 3,375 sqft in Deema 1, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 20 January 2013 for AED 5,500,000, or AED 1,629 per sqft, 39% above the AED 1,170 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V008 over time

Sales
Villa V008, each saleTypical four-bed in Deema 1
5M2008201320182023Typical sale price by year: 2008 AED 3,731,388; 2009 AED 3,675,866; 2010 AED 3,897,744; 2011 AED 2,689,328; 2012 AED 3,950,000; 2013 AED 5,250,000; 2015 AED 5,050,000; 2018 AED 4,900,000; 2020 AED 3,758,500; 2021 AED 4,600,000; 2022 AED 5,325,000; 2023 AED 7,000,000; 2024 AED 8,150,000Sold by developer, February 2011: AED 2,078,655 (AED 615 per sqft)Sold, April 2012: AED 3,950,000 (AED 1,170 per sqft)Sold, January 2013: AED 5,500,000 (AED 1,629 per sqft)

V008 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V008, each contractTypical four-bed in Deema 1
200K300K2012201620202024Typical rent by year: 2012 AED 256,667; 2013 AED 260,000; 2014 AED 279,612; 2015 AED 280,000; 2016 AED 289,197; 2017 AED 270,000; 2018 AED 252,500; 2019 AED 230,000; 2020 AED 202,500; 2021 AED 230,000; 2022 AED 270,000; 2023 AED 301,702; 2024 AED 311,250; 2025 AED 313,500; 2026 AED 326,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Deema 1, and where V008 sits

All 34 4-beds →

V008 last sold in January 2013 at AED 1,629 per sqft, 39% above what four-beds in Deema 1 were fetching at the time (AED 1,170).

Recent 4-bed salesVilla no.Price (AED)Summary
10 Apr 202513,750,000
22 Oct 20248,600,000
18 Sep 20247,800,000
3 Jun 20249,850,000
0 4-bed sales in the last 12 months

Deema 1

Community

66 villas, 3-bed to 4-bed in The Lakes, completed in 2003 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 3,398
Typical sale
AED 10.75M
Typical rent
AED 375K /yr
Typical yield
2.9%
Deema 1, The Lakes: prices, sales and rents →

V008, Deema 1 in numbers

  • Sold 3 times: first on 24 February 2011 for AED 2,078,655, last on 20 January 2013 for AED 5,500,000 (AED 1,629 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2013.

Questions about V008, Deema 1

What did villa V008 last sell for?

AED 5,500,000 on 20 January 2013: AED 1,629 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 2,078,655 in February 2011.

How big is villa V008?

3,375 sqft (313.5 sqm): a four-bedroom villa in Deema 1, completed in 2003.

What is villa V008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V008, Deema 1

Starts from the last sale price (AED 5.5M, 20 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

Plus AED 236,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →