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

V058, Deema 1

Sold prices and rental history: sold 3 times, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V058 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 7M5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V058

Property timeline for V058, Deema 1

What is V058 worth today?

Last sold for AED 7,000,000 in 2023

Unlock today's estimate, updated daily, with

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

5 Sep 2023SoldReady
AED 7,000,000AED 2,074 per sqft
23 Nov 2010SoldReady
AED 3,100,000AED 918 per sqft
2 Nov 2008Sold by developerReady
AED 1,793,944AED 531 per sqft

Source: Dubai Land Department. Updated 5 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 7M · September 2023
Community
Deema 1

About V058, Deema 1

V058 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 5 September 2023 for AED 7,000,000, or AED 2,074 per sqft, 36% above the AED 1,528 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V058 over time

Sales
Villa V058, 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, November 2008: AED 1,793,944 (AED 531 per sqft)Sold, November 2010: AED 3,100,000 (AED 918 per sqft)Sold, September 2023: AED 7,000,000 (AED 2,074 per sqft)

V058 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V058, 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 V058 sits

All 34 4-beds →

V058 last sold in September 2023 at AED 2,074 per sqft, 36% above what four-beds in Deema 1 were fetching at the time (AED 1,528).

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 →

V058, Deema 1 in numbers

  • Sold 3 times: first on 2 November 2008 for AED 1,793,944, last on 5 September 2023 for AED 7,000,000 (AED 2,074 per sqft).

Source: Dubai Land Department. Updated 5 September 2023.

Questions about V058, Deema 1

What did villa V058 last sell for?

AED 7,000,000 on 5 September 2023: AED 2,074 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 1,793,944 in November 2008.

How big is villa V058?

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

What is villa V058 worth today?

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

Selling V058? 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 V058, Deema 1

Starts from the last sale price (AED 7M, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

Plus AED 299,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →