4-bed · 3,375 sqftDeema 2, The Lakes · completed 2003

V101, Deema 2

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

Villa V101 · DLD and Ejari recordsUpdated 6 May 2015
Last soldAED 5.65M18 March 2013
Current rentAED 315K /yr6 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V101, Deema 2

What is V101 worth today?

Last sold for AED 5,650,000 in 2013

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6 May 2015RentedNew contract
AED 315,000/yr12 months · AED 93 per sqft
7 May 2014RentedNew contract
AED 315,000/yr12 months · AED 93 per sqft
8 May 2013RentedNew contract
AED 280,000/yr12 months · AED 83 per sqft
18 Mar 2013SoldReady
AED 5,650,000AED 1,674 per sqft
3 May 2009SoldReady
AED 3,399,000AED 1,007 per sqft
11 Aug 2008Sold by developerReady
AED 3,732,888AED 1,106 per sqft

Source: Dubai Land Department. Updated 6 May 2015.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 5.65M · March 2013
Community
Deema 2

About V101, Deema 2

V101 is a four-bedroom villa of 3,375 sqft in Deema 2, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 18 March 2013 for AED 5,650,000, or AED 1,674 per sqft, 60% above the AED 1,043 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 6 May 2015, is AED 315,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 12,100 a year.

Sales and rents for V101 over time

Sales
Villa V101, 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 2008: AED 3,732,888 (AED 1,106 per sqft)Sold, May 2009: AED 3,399,000 (AED 1,007 per sqft)Sold, March 2013: AED 5,650,000 (AED 1,674 per sqft)

V101 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V101, 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, May 2013: AED 280,000 a yearNew contract, May 2014: AED 315,000 a yearNew contract, May 2015: AED 315,000 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 V101 sits

All 30 4-beds →

V101 last sold in March 2013 at AED 1,674 per sqft, 60% above what four-beds in Deema 2 were fetching at the time (AED 1,043). V101's AED 315,000 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 →

V101, Deema 2 in numbers

  • Sold 3 times: first on 11 August 2008 for AED 3,732,888, last on 18 March 2013 for AED 5,650,000 (AED 1,674 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 280,000 to AED 315,000 a year.
  • At AED 315,000 a year the gross yield on the 2013 price is 5.6%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 6 May 2015.

Questions about V101, Deema 2

What did villa V101 last sell for?

AED 5,650,000 on 18 March 2013: AED 1,674 per sqft for 3,375 sqft. The villa has 3 registered sales; the first was AED 3,732,888 in August 2008.

What is the rent for villa V101?

AED 315,000 a year on the contract signed on 6 May 2015. The previous contract, from May 2014, was AED 315,000; the villa has been rented since May 2013.

How big is villa V101?

3,375 sqft (313.5 sqm): a four-bedroom villa in Deema 2, completed in 2003.

What is villa V101 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 V101, Deema 2

Starts from the last sale price (AED 5.65M, 18 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,650,000
Deposit, UAE resident (20%)
AED 1,130,000
Deposit, non-resident (40%)
AED 2,260,000
Monthly over 25 years at 3.7%
AED 23,116

Plus AED 242,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →