PropertyIndex

The Lakes - Deema 1

Completed · Q1 2003|66 villas

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The Lakes - Deema 1 is a completed villas development by EMAAR PROPERTIES (P.J.S.C) in Lakes Deema 1, Al Thanyah Third, comprising 66 registered villas. 168 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,055 per sqft. At AED 2,055 per sqft, The Lakes - Deema 1 prices 10% below the Lakes Deema 1 average of AED 2,296 per sqft on registered sales.

PIX© price · 19.6% YoY
12.22MAED
Typical
2,055AED
PSF
Gross yield
3.8%
PIX© rent ÷ PIX© price
Sale records
168
DLD · all time
Rent contracts
372
Ejari · all time
The Lakes - Deema 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
4,372 – 8,073 sqft
6612.22M2,05519.6%465K3.8%
3 Bed · Villa
4,372 – 5,611 sqft
33
4 Bed · Villa
4,647 – 8,073 sqft
33
Sales — Project-Wide168 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
16 Mar 20263 Bed4,68210,750,0002,296+126.3%StandardStandard Sale
10 Apr 20254 Bed7,53613,750,0001,825+186.5%StandardStandard Sale
16 Dec 20243 Bed4,3727,150,0001,635+58.9%StandardStandard Sale
Rentals — Project-Wide372 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20263 Bed4,852420,00087+110.0%Standardnew
15 Aug 20263 Bed4,682380,00081+8.6%Standardrenewal
10 Aug 20263 Bed4,989370,000740.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Common questions about The Lakes - Deema 1

Answered from Dubai Land Department registered transactions.

How much does a property in The Lakes - Deema 1 cost?

Property in The Lakes - Deema 1 sells at a current PIX© price of AED 2,055 per sqft, or about AED 12,221,856 for a typical unit, based on 168 sales registered with the Dubai Land Department.

Is The Lakes - Deema 1 completed?

Yes. The Lakes - Deema 1 is recorded as completed in the Dubai Land Department project register (completed q1 2003).

Who is the developer of The Lakes - Deema 1?

The Lakes - Deema 1 is developed by EMAAR PROPERTIES (P.J.S.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Lakes - Deema 1?

The Lakes - Deema 1 yields 3.8% gross, calculated from current PIX© rent against current PIX© sale price, across 372 registered Ejari contracts.

How many villas are in The Lakes - Deema 1?

The Lakes - Deema 1 holds 66 registered villas, per the Dubai Land Department unit register.

Have prices in The Lakes - Deema 1 gone up or down?

Price per sqft has risen +19.6% over the last 12 months, to AED 2,055, across 168 registered sales.