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

V043, Deema 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V043 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 7.35M11 September 2023
Current rentAED 278K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V043, Deema 1

What is V043 worth today?

Last sold for AED 7,350,000 in 2023

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11 Sep 2023SoldReady
AED 7,350,000AED 2,177 per sqft
1 Nov 2022RentedRenewal
AED 278,250/yr8 months · AED 82 per sqft
1 Nov 2021RentedRenewal
AED 278,250/yr12 months · AED 82 per sqft
1 Nov 2020RentedNew contract
AED 265,000/yr12 months · AED 79 per sqft
30 Oct 2016SoldReady
AED 4,525,000AED 1,340 per sqft
26 Jan 2009Sold by developerReady
AED 1,902,444AED 563 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 7.35M · September 2023
Community
Deema 1

About V043, Deema 1

V043 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 11 September 2023 for AED 7,350,000, or AED 2,177 per sqft, 41% above the AED 1,540 four-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 278,250 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 12,100 a year.

Sales and rents for V043 over time

Sales
Villa V043, 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, January 2009: AED 1,902,444 (AED 563 per sqft)Sold, October 2016: AED 4,525,000 (AED 1,340 per sqft)Sold, September 2023: AED 7,350,000 (AED 2,177 per sqft)

V043 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V043, 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, November 2020: AED 265,000 a yearRenewal, November 2021: AED 278,250 a yearRenewal, November 2022: AED 278,250 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 V043 sits

All 34 4-beds →

V043 last sold in September 2023 at AED 2,177 per sqft, 41% above what four-beds in Deema 1 were fetching at the time (AED 1,540). V043's AED 278,250 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 →

V043, Deema 1 in numbers

  • Sold 3 times: first on 26 January 2009 for AED 1,902,444, last on 11 September 2023 for AED 7,350,000 (AED 2,177 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 265,000 to AED 278,250 a year.
  • At AED 278,250 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 11 September 2023.

Questions about V043, Deema 1

What did villa V043 last sell for?

AED 7,350,000 on 11 September 2023: AED 2,177 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 1,902,444 in January 2009.

What is the rent for villa V043?

AED 278,250 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 278,250; the villa has been rented since November 2020.

How big is villa V043?

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

What is villa V043 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 V043, Deema 1

Starts from the last sale price (AED 7.35M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,350,000
Deposit, UAE resident (20%)
AED 1,470,000
Deposit, non-resident (40%)
AED 2,940,000
Monthly over 25 years at 3.7%
AED 30,071

Plus AED 313,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →