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

V091, Deema 2

Sold prices and rental history: sold 3 times, last in March 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V091 · DLD and Ejari recordsUpdated 15 March 2020
Last soldAED 3.4M15 March 2020
Current rentAED 280K /yr15 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V091, Deema 2

What is V091 worth today?

Last sold for AED 3,400,000 in 2020

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15 Mar 2020SoldReady
AED 3,400,000AED 844 per sqft
15 Jan 2016RentedRenewal
AED 280,000/yr12 months · AED 70 per sqft
15 Jan 2013RentedNew contract
AED 280,000/yr12 months · AED 70 per sqft
28 Jun 2012SoldReady
AED 4,200,000AED 1,043 per sqft
17 Mar 2011Sold by developerReady
AED 4,264,888AED 1,059 per sqft

Source: Dubai Land Department. Updated 15 March 2020.

Key facts

Type
4-bed villa
Size
4,024 sqft
Developer
Emaar
Completed
2003
Service charge
AED 14,400 /yr
Last sold
AED 3.4M · March 2020
Community
Deema 2

About V091, Deema 2

V091 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 15 March 2020 for AED 3,400,000, or AED 844 per sqft, 18% below the AED 1,025 four-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 15 January 2016, is AED 280,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 14,400 a year.

Sales and rents for V091 over time

Sales
Villa V091, 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, March 2011: AED 4,264,888 (AED 1,059 per sqft)Sold, June 2012: AED 4,200,000 (AED 1,043 per sqft)Sold, March 2020: AED 3,400,000 (AED 844 per sqft)

V091 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V091, each contractTypical four-bed in Deema 2
250K300K2012201620202024Typical 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, January 2013: AED 280,000 a yearRenewal, January 2016: AED 280,000 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 2, and where V091 sits

All 30 4-beds →

V091 last sold in March 2020 at AED 844 per sqft, 18% below what four-beds in Deema 2 were fetching at the time (AED 1,025). V091's AED 280,000 is in the lower half 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 →

V091, Deema 2 in numbers

  • Sold 3 times: first on 17 March 2011 for AED 4,264,888, last on 15 March 2020 for AED 3,400,000 (AED 844 per sqft).
  • Rented since January 2013 on 2 Ejari contracts, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 14,400 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 15 March 2020.

Questions about V091, Deema 2

What did villa V091 last sell for?

AED 3,400,000 on 15 March 2020: AED 844 per sqft for 4,024 sqft. The villa has 3 registered sales; the first was AED 4,264,888 in March 2011.

What is the rent for villa V091?

AED 280,000 a year on the contract renewed on 15 January 2016. The previous contract, from January 2013, was AED 280,000.

How big is villa V091?

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

What is villa V091 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 V091, Deema 2

Starts from the last sale price (AED 3.4M, 15 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →