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

V031, Deema 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V031 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 8.6M22 October 2024
Current rentAED 850K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V031, Deema 1

What is V031 worth today?

Last sold for AED 8,600,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jun 2026RentedNew contract · flagged as an outlier
AED 850,000/yr12 months · AED 211 per sqft
22 Oct 2024SoldReady
AED 8,600,000AED 2,136 per sqft
11 Nov 2008Sold by developerReady
AED 7,400,000AED 1,838 per sqft
11 Nov 2008SoldReady
AED 4,015,888AED 997 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 8.6M · October 2024
Community
Deema 1

About V031, Deema 1

V031 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 22 October 2024 for AED 8,600,000, or AED 2,136 per sqft, 3% above the AED 2,071 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 June 2026. The current contract, signed on 15 June 2026, is AED 850,000 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for V031 over time

Sales
Villa V031, 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, November 2008: AED 7,400,000 (AED 1,838 per sqft)Sold, November 2008: AED 4,015,888 (AED 997 per sqft)Sold, October 2024: AED 8,600,000 (AED 2,136 per sqft)

V031 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V031, 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 V031 sits

All 34 4-beds →

V031 last sold in October 2024 at AED 2,136 per sqft, 3% above what four-beds in Deema 1 were fetching at the time (AED 2,071). V031's AED 850,000 is at the top of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
10 Apr 202513,750,000
18 Sep 20247,800,000
3 Jun 20249,850,000
23 Apr 20248,500,000
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 →

V031, Deema 1 in numbers

  • Sold 3 times: first on 11 November 2008 for AED 4,015,888, last on 22 October 2024 for AED 8,600,000 (AED 2,136 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 850,000 a year.
  • At AED 850,000 a year the gross yield on the 2024 price is 9.9%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 15 June 2026.

Questions about V031, Deema 1

What did villa V031 last sell for?

AED 8,600,000 on 22 October 2024: AED 2,136 per sqft for 4,024 sqft. The villa has 3 registered sales; the first was AED 4,015,888 in November 2008.

What is the rent for villa V031?

AED 850,000 a year on the contract signed on 15 June 2026.

How big is villa V031?

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

What is villa V031 worth today?

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

Selling V031? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V031, Deema 1

Starts from the last sale price (AED 8.6M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,600,000
Deposit, UAE resident (20%)
AED 1,720,000
Deposit, non-resident (40%)
AED 3,440,000
Monthly over 25 years at 3.7%
AED 35,185

Plus AED 366,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →