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

V112, Deema 2

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V112 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 6M15 May 2023
Current rentAED 220K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V112, Deema 2

What is V112 worth today?

Last sold for AED 6,000,000 in 2023

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15 May 2023SoldReady
AED 6,000,000AED 1,777 per sqft
20 Oct 2021RentedRenewal
AED 220,000/yr12 months · AED 65 per sqft
20 Oct 2020RentedNew contract
AED 220,000/yr12 months · AED 65 per sqft
10 Jan 2020RentedRenewal
AED 281,928/yr5 months · AED 84 per sqft
10 Jan 2019RentedNew contract
AED 285,000/yr12 months · AED 84 per sqft
1 Nov 2017RentedNew contract
AED 295,000/yr12 months · AED 87 per sqft
27 Sep 2016RentedRenewal
AED 336,000/yr12 months · AED 100 per sqft
27 Sep 2015RentedNew contract
AED 336,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 6M · May 2023
Community
Deema 2

About V112, Deema 2

V112 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 15 May 2023 for AED 6,000,000, or AED 1,777 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 20 October 2021, is AED 220,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 12,100 a year.

Sales and rents for V112 over time

Sales
Villa V112, 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, September 2008: AED 1,866,444 (AED 553 per sqft)Sold, May 2023: AED 6,000,000 (AED 1,777 per sqft)

V112 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V112, 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, August 2012: AED 265,000 a yearNew contract, August 2013: AED 265,000 a yearNew contract, August 2014: AED 280,000 a yearNew contract, September 2015: AED 336,000 a yearRenewal, September 2016: AED 336,000 a yearNew contract, November 2017: AED 295,000 a yearNew contract, January 2019: AED 285,000 a yearRenewal, January 2020: AED 281,928 a yearNew contract, October 2020: AED 220,000 a yearRenewal, October 2021: AED 220,000 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 V112 sits

All 30 4-beds →

V112's AED 220,000 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 →

V112, Deema 2 in numbers

  • Sold twice: first on 21 September 2008 for AED 1,866,444, last on 15 May 2023 for AED 6,000,000 (AED 1,777 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 265,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 15 May 2023.

Questions about V112, Deema 2

What did villa V112 last sell for?

AED 6,000,000 on 15 May 2023: AED 1,777 per sqft for 3,375 sqft. The villa has 2 registered sales; the first was AED 1,866,444 in September 2008.

What is the rent for villa V112?

AED 220,000 a year on the contract renewed on 20 October 2021. The previous contract, from October 2020, was AED 220,000; the villa has been rented since August 2012.

How big is villa V112?

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

What is villa V112 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 V112, Deema 2

Starts from the last sale price (AED 6M, 15 May 2023). 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 →