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

V015, Deema 1

Sold prices and rental history: sold 3 times, last in September 2013, and rented once, from July 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V015 · DLD and Ejari recordsUpdated 30 September 2013
Last soldAED 5M30 September 2013
Current rentAED 255K /yr10 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V015, Deema 1

What is V015 worth today?

Last sold for AED 5,000,000 in 2013

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30 Sep 2013SoldReady
AED 5,000,000AED 1,481 per sqft
10 Jul 2012RentedNew contract
AED 255,000/yr12 months · AED 76 per sqft
20 Jun 2012SoldReady
AED 3,855,000AED 1,142 per sqft
16 Mar 2011Sold by developerReady
AED 2,070,944AED 613 per sqft

Source: Dubai Land Department. Updated 30 September 2013.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 5M · September 2013
Community
Deema 1

About V015, Deema 1

V015 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 30 September 2013 for AED 5,000,000, or AED 1,481 per sqft, 15% above the AED 1,292 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 10 July 2012. The current contract, signed on 10 July 2012, is AED 255,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 12,100 a year.

Sales and rents for V015 over time

Sales
Villa V015, 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, March 2011: AED 2,070,944 (AED 613 per sqft)Sold, June 2012: AED 3,855,000 (AED 1,142 per sqft)Sold, September 2013: AED 5,000,000 (AED 1,481 per sqft)

V015 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V015, 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 326,000New contract, July 2012: AED 255,000 a year

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 V015 sits

All 34 4-beds →

V015 last sold in September 2013 at AED 1,481 per sqft, 15% above what four-beds in Deema 1 were fetching at the time (AED 1,292). V015's AED 255,000 is in the lower half of that range.

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 →

V015, Deema 1 in numbers

  • Sold 3 times: first on 16 March 2011 for AED 2,070,944, last on 30 September 2013 for AED 5,000,000 (AED 1,481 per sqft).
  • Rented since July 2012 on one Ejari contract, at AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 30 September 2013.

Questions about V015, Deema 1

What did villa V015 last sell for?

AED 5,000,000 on 30 September 2013: AED 1,481 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 2,070,944 in March 2011.

What is the rent for villa V015?

AED 255,000 a year on the contract signed on 10 July 2012.

How big is villa V015?

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

What is villa V015 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 V015, Deema 1

Starts from the last sale price (AED 5M, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →