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

V038, Deema 1

Sold prices and rental history: sold 6 times, last in April 2025, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V038 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 13.75M10 April 2025
Current rentAED 290K /yr20 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V038, Deema 1

What is V038 worth today?

Last sold for AED 13,750,000 in 2025

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10 Apr 2025SoldReady
AED 13,750,000AED 3,416 per sqft
16 Dec 2018SoldReady
AED 4,800,000AED 1,192 per sqft
17 Dec 2015SoldReady
AED 5,550,000AED 1,379 per sqft
20 Jul 2014RentedNew contract
AED 290,000/yr12 months · AED 72 per sqft
20 Jul 2013RentedNew contract
AED 290,000/yr12 months · AED 72 per sqft
25 Feb 2013SoldReady
AED 5,200,000AED 1,292 per sqft
20 Jul 2012RentedNew contract
AED 270,000/yr12 months · AED 67 per sqft
22 Jan 2012SoldReady
AED 3,865,000AED 960 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2025.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 13.75M · April 2025
Community
Deema 1

About V038, Deema 1

V038 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 April 2025 for AED 13,750,000, or AED 3,416 per sqft, 61% above the AED 2,124 four-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 20 July 2014, is AED 290,000 a year: a gross yield of 2.1% on the 2025 price, before the service charge of about AED 14,400 a year.

Sales and rents for V038 over time

Sales
Villa V038, each saleTypical four-bed in Deema 1
10M2008201320182023Typical 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 2008: AED 2,105,444 (AED 523 per sqft)Sold, January 2012: AED 3,865,000 (AED 960 per sqft)Sold, February 2013: AED 5,200,000 (AED 1,292 per sqft)Sold, December 2015: AED 5,550,000 (AED 1,379 per sqft)Sold, December 2018: AED 4,800,000 (AED 1,192 per sqft)Sold, April 2025: AED 13,750,000 (AED 3,416 per sqft)

V038 has sold 6 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V038, 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 270,000 a yearNew contract, July 2013: AED 290,000 a yearNew contract, July 2014: AED 290,000 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 V038 sits

All 34 4-beds →

V038 last sold in April 2025 at AED 3,416 per sqft, 61% above what four-beds in Deema 1 were fetching at the time (AED 2,124). V038's AED 290,000 is in the upper half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
22 Oct 20248,600,000
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 →

V038, Deema 1 in numbers

  • Sold 6 times: first on 12 August 2008 for AED 2,105,444, last on 10 April 2025 for AED 13,750,000 (AED 3,416 per sqft).
  • Rented since July 2012 on 3 Ejari contracts, from AED 270,000 to AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2025 price is 2.1%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2025.

Questions about V038, Deema 1

What did villa V038 last sell for?

AED 13,750,000 on 10 April 2025: AED 3,416 per sqft for 4,024 sqft. The villa has 6 registered sales; the first was AED 2,105,444 in August 2008.

What is the rent for villa V038?

AED 290,000 a year on the contract signed on 20 July 2014. The previous contract, from July 2013, was AED 290,000; the villa has been rented since July 2012.

How big is villa V038?

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

What is villa V038 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 V038, Deema 1

Starts from the last sale price (AED 13.75M, 10 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 13,750,000
Deposit, UAE resident (20%)
AED 2,750,000
Deposit, non-resident (40%)
AED 5,500,000
Monthly over 25 years at 3.7%
AED 56,256

Plus AED 582,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →