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4-bed · 4,024 sqftDeema 1, The Lakes · completed 2003

V026, Deema 1

Sold prices and rental history: sold 4 times, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V026 · DLD and Ejari recordsUpdated 4 August 2022
Last soldAED 4.6M18 July 2021
Current rentAED 275K /yr4 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V026, Deema 1

What is V026 worth today?

Last sold for AED 4,600,000 in 2021

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4 Aug 2022RentedRenewal
AED 275,000/yr12 months · AED 68 per sqft
4 Nov 2021RentedNew contract
AED 200,000/yr9 months · AED 50 per sqft
18 Jul 2021SoldReady
AED 4,600,000AED 1,143 per sqft
4 Nov 2020RentedNew contract
AED 200,000/yr12 months · AED 50 per sqft
30 Oct 2019RentedRenewal
AED 199,464/yr12 months · AED 50 per sqft
10 Dec 2015SoldReady
AED 4,850,000AED 1,205 per sqft
2 Sep 2015RentedNew contract
AED 270,000/yr12 months · AED 67 per sqft
1 Jul 2014RentedRenewal
AED 275,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 4 August 2022.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 4.6M · July 2021
Community
Deema 1

About V026, Deema 1

V026 is a four-bedroom villa of 4,024 sqft in Deema 1, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 18 July 2021 for AED 4,600,000, or AED 1,143 per sqft, 8% above the AED 1,056 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 4 August 2022, is AED 275,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 14,400 a year.

Sales and rents for V026 over time

Sales
Villa V026, each saleTypical four-bed in Deema 1
2.5M5M7.5M2008201320182023Typical 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, October 2008: AED 3,759,888 (AED 934 per sqft)Sold, June 2013: AED 5,300,000 (AED 1,316 per sqft)Sold, December 2015: AED 4,850,000 (AED 1,205 per sqft)Sold, July 2021: AED 4,600,000 (AED 1,143 per sqft)

V026 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V026, 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 2013: AED 275,000 a yearRenewal, July 2014: AED 275,000 a yearNew contract, September 2015: AED 270,000 a yearRenewal, October 2019: AED 199,464 a yearNew contract, November 2020: AED 200,000 a yearNew contract, November 2021: AED 200,000 a yearRenewal, August 2022: AED 275,000 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 V026 sits

All 34 4-beds →

V026 last sold in July 2021 at AED 1,143 per sqft, 8% above what four-beds in Deema 1 were fetching at the time (AED 1,056). V026's AED 275,000 is in the upper 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 →

V026, Deema 1 in numbers

  • Sold 4 times: first on 26 October 2008 for AED 3,759,888, last on 18 July 2021 for AED 4,600,000 (AED 1,143 per sqft).
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 275,000 to AED 199,464 in 2019 and recovered to AED 275,000 by August 2022.
  • At AED 275,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 4 August 2022.

Questions about V026, Deema 1

What did villa V026 last sell for?

AED 4,600,000 on 18 July 2021: AED 1,143 per sqft for 4,024 sqft. The villa has 4 registered sales; the first was AED 3,759,888 in October 2008.

What is the rent for villa V026?

AED 275,000 a year on the contract renewed on 4 August 2022. The previous contract, from November 2021, was AED 200,000; the villa has been rented since July 2013.

How big is villa V026?

4,024 sqft (373.8 sqm): a four-bedroom villa in Deema 1, completed in 2003.

What is villa V026 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 V026, Deema 1

Starts from the last sale price (AED 4.6M, 18 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →