Home
Dubai prices
About
Research
4-bed · 3,375 sqftDeema 1, The Lakes · completed 2003

V054, Deema 1

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V054 · DLD and Ejari recordsUpdated 11 August 2020
Last soldAED 3.82M11 August 2020
Current rentAED 297K /yr5 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V054

Property timeline for V054, Deema 1

What is V054 worth today?

Last sold for AED 3,817,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Aug 2020SoldReady
AED 3,817,000AED 1,130 per sqft
12 Mar 2017SoldReady
AED 4,950,000AED 1,466 per sqft
5 Jan 2017RentedNew contract
AED 296,703/yr3 months · AED 88 per sqft
25 Oct 2014RentedNew contract
AED 300,000/yr12 months · AED 89 per sqft
25 Oct 2013RentedNew contract
AED 270,000/yr12 months · AED 80 per sqft
25 Oct 2012RentedNew contract
AED 270,000/yr12 months · AED 80 per sqft
1 Apr 2009Sold by developerReady
AED 3,648,844AED 1,081 per sqft

Source: Dubai Land Department. Updated 11 August 2020.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 3.82M · August 2020
Community
Deema 1

About V054, Deema 1

V054 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 August 2020 for AED 3,817,000, or AED 1,130 per sqft, 10% above the AED 1,029 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 5 January 2017, is AED 296,703 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 12,100 a year.

Sales and rents for V054 over time

Sales
Villa V054, 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, April 2009: AED 3,648,844 (AED 1,081 per sqft)Sold, March 2017: AED 4,950,000 (AED 1,466 per sqft)Sold, August 2020: AED 3,817,000 (AED 1,130 per sqft)

V054 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V054, 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, October 2012: AED 270,000 a yearNew contract, October 2013: AED 270,000 a yearNew contract, October 2014: AED 300,000 a yearNew contract, January 2017: AED 296,703 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 V054 sits

All 34 4-beds →

V054 last sold in August 2020 at AED 1,130 per sqft, 10% above what four-beds in Deema 1 were fetching at the time (AED 1,029). V054's AED 296,703 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 →

V054, Deema 1 in numbers

  • Sold 3 times: first on 1 April 2009 for AED 3,648,844, last on 11 August 2020 for AED 3,817,000 (AED 1,130 per sqft).
  • Rented since October 2012 on 4 Ejari contracts, from AED 270,000 to AED 296,703 a year.
  • At AED 296,703 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 11 August 2020.

Questions about V054, Deema 1

What did villa V054 last sell for?

AED 3,817,000 on 11 August 2020: AED 1,130 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 3,648,844 in April 2009.

What is the rent for villa V054?

AED 296,703 a year on the contract signed on 5 January 2017. The previous contract, from October 2014, was AED 300,000; the villa has been rented since October 2012.

How big is villa V054?

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

What is villa V054 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V054? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V054, Deema 1

Starts from the last sale price (AED 3.82M, 11 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,817,000
Deposit, UAE resident (20%)
AED 763,400
Deposit, non-resident (40%)
AED 1,526,800
Monthly over 25 years at 3.7%
AED 15,617

Plus AED 165,324 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →