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

V027, Deema 1

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V027 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 6.8M5 April 2024
Current rentAED 313K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V027, Deema 1

What is V027 worth today?

Last sold for AED 6,800,000 in 2024

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5 Apr 2024SoldReady
AED 6,800,000AED 2,014 per sqft
1 Dec 2023RentedRenewal
AED 312,974/yr5 months · AED 93 per sqft
11 Nov 2022RentedRenewal
AED 312,000/yr13 months · AED 92 per sqft
6 Nov 2021RentedNew contract
AED 312,000/yr12 months · AED 92 per sqft
22 Jul 2020RentedNew contract
AED 202,500/yr12 months · AED 60 per sqft
22 Jul 2019RentedNew contract
AED 202,500/yr12 months · AED 60 per sqft
22 Feb 2019RentedRenewal
AED 255,000/yr5 months · AED 76 per sqft
22 Feb 2018RentedRenewal
AED 255,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 6.8M · April 2024
Community
Deema 1

About V027, Deema 1

V027 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 5 April 2024 for AED 6,800,000, or AED 2,014 per sqft, in line with the AED 2,074 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 312,974 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 12,100 a year.

Sales and rents for V027 over time

Sales
Villa V027, 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, August 2010: AED 3,641,888 (AED 1,079 per sqft)Sold, April 2024: AED 6,800,000 (AED 2,014 per sqft)

V027 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V027, 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, January 2013: AED 250,000 a yearNew contract, January 2014: AED 250,000 a yearNew contract, January 2015: AED 260,000 a yearRenewal, January 2016: AED 260,000 a yearNew contract, February 2017: AED 255,000 a yearRenewal, February 2018: AED 255,000 a yearRenewal, February 2019: AED 255,000 a yearNew contract, July 2019: AED 202,500 a yearNew contract, July 2020: AED 202,500 a yearNew contract, November 2021: AED 312,000 a yearRenewal, November 2022: AED 312,000 a yearRenewal, December 2023: AED 312,974 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 V027 sits

All 34 4-beds →

V027 last sold in April 2024 at AED 2,014 per sqft, in line with what four-beds in Deema 1 were fetching at the time (AED 2,074). V027's AED 312,974 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 →

V027, Deema 1 in numbers

  • Sold twice: first on 5 August 2010 for AED 3,641,888, last on 5 April 2024 for AED 6,800,000 (AED 2,014 per sqft).
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 250,000 to AED 202,500 in 2020 and recovered to AED 312,974 by December 2023.
  • At AED 312,974 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 5 April 2024.

Questions about V027, Deema 1

What did villa V027 last sell for?

AED 6,800,000 on 5 April 2024: AED 2,014 per sqft for 3,375 sqft. The villa has 2 registered sales; the first was AED 3,641,888 in August 2010.

What is the rent for villa V027?

AED 312,974 a year on the contract renewed on 1 December 2023. The previous contract, from November 2022, was AED 312,000; the villa has been rented since January 2013.

How big is villa V027?

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

What is villa V027 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 V027, Deema 1

Starts from the last sale price (AED 6.8M, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

Plus AED 290,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →