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

V036, Deema 1

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

Villa V036 · DLD and Ejari recordsUpdated 10 October 2013
Last soldAED 6.51M10 October 2013
Current rentAED 300K /yr1 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V036, Deema 1

What is V036 worth today?

Last sold for AED 6,510,000 in 2013

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10 Oct 2013SoldReady
AED 6,510,000AED 1,617 per sqft
1 Jul 2013RentedNew contract
AED 300,000/yr12 months · AED 75 per sqft
23 Jan 2013SoldReady
AED 5,660,000AED 1,406 per sqft
7 Aug 2012RentedNew contract
AED 281,400/yr12 months · AED 70 per sqft
19 Nov 2009Sold by developerReady
AED 2,039,444AED 506 per sqft

Source: Dubai Land Department. Updated 10 October 2013.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 6.51M · October 2013
Community
Deema 1

About V036, Deema 1

V036 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 10 October 2013 for AED 6,510,000, or AED 1,617 per sqft, 23% above the AED 1,316 four-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 July 2013, is AED 300,000 a year: a gross yield of 4.6% on the 2013 price, before the service charge of about AED 14,400 a year.

Sales and rents for V036 over time

Sales
Villa V036, 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 2009: AED 2,039,444 (AED 506 per sqft)Sold, January 2013: AED 5,660,000 (AED 1,406 per sqft)Sold, October 2013: AED 6,510,000 (AED 1,617 per sqft)

V036 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V036, 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, August 2012: AED 281,400 a yearNew contract, July 2013: AED 300,000 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 V036 sits

All 34 4-beds →

V036 last sold in October 2013 at AED 1,617 per sqft, 23% above what four-beds in Deema 1 were fetching at the time (AED 1,316). V036's AED 300,000 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 →

V036, Deema 1 in numbers

  • Sold 3 times: first on 19 November 2009 for AED 2,039,444, last on 10 October 2013 for AED 6,510,000 (AED 1,617 per sqft).
  • Rented since August 2012 on 2 Ejari contracts, from AED 281,400 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2013 price is 4.6%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 10 October 2013.

Questions about V036, Deema 1

What did villa V036 last sell for?

AED 6,510,000 on 10 October 2013: AED 1,617 per sqft for 4,024 sqft. The villa has 3 registered sales; the first was AED 2,039,444 in November 2009.

What is the rent for villa V036?

AED 300,000 a year on the contract signed on 1 July 2013. The previous contract, from August 2012, was AED 281,400.

How big is villa V036?

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

What is villa V036 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 V036, Deema 1

Starts from the last sale price (AED 6.51M, 10 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 6,510,000
Deposit, UAE resident (20%)
AED 1,302,000
Deposit, non-resident (40%)
AED 2,604,000
Monthly over 25 years at 3.7%
AED 26,634

Plus AED 278,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →