4-bed · 4,024 sqftDeema 2, The Lakes · completed 2003

V077, Deema 2

Sold prices and rental history: sold twice, last in May 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V077 · DLD and Ejari recordsUpdated 4 May 2017
Last soldAED 6M4 May 2017
Current rentAED 150K /yr1 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V077, Deema 2

What is V077 worth today?

Last sold for AED 6,000,000 in 2017

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4 May 2017SoldReady
AED 6,000,000AED 1,491 per sqft
1 Nov 2015RentedNew contract
AED 149,584/yr12 months · AED 37 per sqft
1 Oct 2014RentedNew contract
AED 210,000/yr12 months · AED 52 per sqft
1 Oct 2013RentedNew contract
AED 210,000/yr12 months · AED 52 per sqft
18 Aug 2013Sold by developerReady
AED 4,387,888AED 1,090 per sqft

Source: Dubai Land Department. Updated 4 May 2017.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 6M · May 2017
Community
Deema 2

About V077, Deema 2

V077 is a four-bedroom villa of 4,024 sqft in Deema 2, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 4 May 2017 for AED 6,000,000, or AED 1,491 per sqft, 20% above the AED 1,241 four-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 November 2015, is AED 149,584 a year: a gross yield of 2.5% on the 2017 price, before the service charge of about AED 14,400 a year.

Sales and rents for V077 over time

Sales
Villa V077, each saleTypical four-bed in Deema 2
05M10M2008201320182023Typical sale price by year: 2008 AED 3,759,888; 2009 AED 4,007,846; 2010 AED 3,050,000; 2011 AED 3,300,000; 2013 AED 5,075,000; 2015 AED 1,431,000; 2016 AED 4,990,000; 2017 AED 5,000,000; 2022 AED 5,150,000; 2025 AED 11,850,000Sold by developer, August 2013: AED 4,387,888 (AED 1,090 per sqft)Sold, May 2017: AED 6,000,000 (AED 1,491 per sqft)

V077 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V077, each contractTypical four-bed in Deema 2
200K300K2012201620202024Typical rent by year: 2012 AED 257,500; 2013 AED 280,000; 2014 AED 285,000; 2015 AED 300,000; 2016 AED 285,000; 2017 AED 292,500; 2018 AED 280,000; 2019 AED 257,500; 2020 AED 227,500; 2021 AED 238,000; 2022 AED 249,665; 2023 AED 261,796; 2024 AED 286,000; 2025 AED 288,722; 2026 AED 326,813New contract, October 2013: AED 210,000 a yearNew contract, October 2014: AED 210,000 a yearNew contract, November 2015: AED 149,584 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 2, and where V077 sits

All 30 4-beds →

V077 last sold in May 2017 at AED 1,491 per sqft, 20% above what four-beds in Deema 2 were fetching at the time (AED 1,241). V077's AED 149,584 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
24 Oct 202510,350,000
1 Sep 202512,500,000
6 Aug 202515,800,000
2 Jul 202511,200,000
0 4-bed sales in the last 12 months

Deema 2

Community

53 villas, 3-bed to 4-bed in The Lakes, completed in 2003 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 328K /yr
Typical yield
Deema 2, The Lakes: prices, sales and rents →

V077, Deema 2 in numbers

  • Sold twice: first on 18 August 2013 for AED 4,387,888, last on 4 May 2017 for AED 6,000,000 (AED 1,491 per sqft).
  • Rented since October 2013 on 3 Ejari contracts, from AED 210,000 to AED 149,584 a year.
  • At AED 149,584 a year the gross yield on the 2017 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 4 May 2017.

Questions about V077, Deema 2

What did villa V077 last sell for?

AED 6,000,000 on 4 May 2017: AED 1,491 per sqft for 4,024 sqft. The villa has 2 registered sales; the first was AED 4,387,888 in August 2013.

What is the rent for villa V077?

AED 149,584 a year on the contract signed on 1 November 2015. The previous contract, from October 2014, was AED 210,000; the villa has been rented since October 2013.

How big is villa V077?

4,024 sqft (373.8 sqm): a four-bedroom villa in Deema 2, completed in 2003.

What is villa V077 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 V077, Deema 2

Starts from the last sale price (AED 6M, 4 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →