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

V050, Deema 1

Sold prices and rental history: sold 3 times, last in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V050 · DLD and Ejari recordsUpdated 24 January 2021
Last soldAED 5M24 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V050, Deema 1

What is V050 worth today?

Last sold for AED 5,000,000 in 2021

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24 Jan 2021SoldReady
AED 5,000,000AED 1,242 per sqft
18 Mar 2013SoldReady
AED 5,200,000AED 1,292 per sqft
2 Aug 2009Sold by developerReady
AED 3,979,888AED 988 per sqft

Source: Dubai Land Department. Updated 24 January 2021.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 5M · January 2021
Community
Deema 1

About V050, Deema 1

V050 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 24 January 2021 for AED 5,000,000, or AED 1,242 per sqft, 23% above the AED 1,009 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V050 over time

Sales
Villa V050, each saleTypical four-bed in Deema 1
2.5M5M7.5M2008201320182023Typical 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, August 2009: AED 3,979,888 (AED 988 per sqft)Sold, March 2013: AED 5,200,000 (AED 1,292 per sqft)Sold, January 2021: AED 5,000,000 (AED 1,242 per sqft)

V050 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V050, 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 V050 sits

All 34 4-beds →

V050 last sold in January 2021 at AED 1,242 per sqft, 23% above what four-beds in Deema 1 were fetching at the time (AED 1,009).

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 →

V050, Deema 1 in numbers

  • Sold 3 times: first on 2 August 2009 for AED 3,979,888, last on 24 January 2021 for AED 5,000,000 (AED 1,242 per sqft).

Source: Dubai Land Department. Updated 24 January 2021.

Questions about V050, Deema 1

What did villa V050 last sell for?

AED 5,000,000 on 24 January 2021: AED 1,242 per sqft for 4,024 sqft. The villa has 3 registered sales; the first was AED 3,979,888 in August 2009.

How big is villa V050?

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

What is villa V050 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 V050, Deema 1

Starts from the last sale price (AED 5M, 24 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →