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

V044, Deema 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V044 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 9.85M3 June 2024
Current rentAED 245K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V044, Deema 1

What is V044 worth today?

Last sold for AED 9,850,000 in 2024

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3 Jun 2024SoldReady
AED 9,850,000AED 2,447 per sqft
3 Mar 2021SoldReady
AED 4,250,000AED 1,056 per sqft
1 Nov 2020RentedRenewal
AED 245,000/yr12 months · AED 61 per sqft
26 Sep 2018RentedRenewal
AED 260,000/yr12 months · AED 65 per sqft
15 Oct 2016RentedNew contract
AED 270,000/yr12 months · AED 67 per sqft
1 May 2015RentedRenewal
AED 295,000/yr12 months · AED 73 per sqft
1 May 2014RentedNew contract
AED 295,000/yr12 months · AED 73 per sqft
1 May 2013RentedNew contract
AED 250,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 9.85M · June 2024
Community
Deema 1

About V044, Deema 1

V044 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 3 June 2024 for AED 9,850,000, or AED 2,447 per sqft, 17% above the AED 2,093 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 245,000 a year: a gross yield of 2.5% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for V044 over time

Sales
Villa V044, each saleTypical four-bed in Deema 1
5M10M2008201320182023Typical 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 2010: AED 4,165,888 (AED 1,035 per sqft)Sold, March 2021: AED 4,250,000 (AED 1,056 per sqft)Sold, June 2024: AED 9,850,000 (AED 2,447 per sqft)

V044 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V044, 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, May 2012: AED 250,000 a yearNew contract, May 2013: AED 250,000 a yearNew contract, May 2014: AED 295,000 a yearRenewal, May 2015: AED 295,000 a yearNew contract, October 2016: AED 270,000 a yearRenewal, September 2018: AED 260,000 a yearRenewal, November 2020: AED 245,000 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 V044 sits

All 34 4-beds →

V044 last sold in June 2024 at AED 2,447 per sqft, 17% above what four-beds in Deema 1 were fetching at the time (AED 2,093). V044's AED 245,000 is in the lower 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
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 →

V044, Deema 1 in numbers

  • Sold 3 times: first on 20 January 2010 for AED 4,165,888, last on 3 June 2024 for AED 9,850,000 (AED 2,447 per sqft).
  • Rented since May 2012 on 7 Ejari contracts, from AED 250,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2024 price is 2.5%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 3 June 2024.

Questions about V044, Deema 1

What did villa V044 last sell for?

AED 9,850,000 on 3 June 2024: AED 2,447 per sqft for 4,024 sqft. The villa has 3 registered sales; the first was AED 4,165,888 in January 2010.

What is the rent for villa V044?

AED 245,000 a year on the contract renewed on 1 November 2020. The previous contract, from September 2018, was AED 260,000; the villa has been rented since May 2012.

How big is villa V044?

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

What is villa V044 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 V044, Deema 1

Starts from the last sale price (AED 9.85M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,850,000
Deposit, UAE resident (20%)
AED 1,970,000
Deposit, non-resident (40%)
AED 3,940,000
Monthly over 25 years at 3.7%
AED 40,299

Plus AED 418,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →