PropertyIndex

The Lakes Zulal

Completed · Q1 2006|303 townhouses · 3 villas

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The Lakes Zulal is a completed villas development by EMAAR PROPERTIES (P.J.S.C) in Al Thanyah Third, comprising 306 registered townhouses. 856 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,499 per sqft. At AED 2,499 per sqft, The Lakes Zulal prices 25% above the Al Thanyah Third average of AED 1,997 per sqft on registered sales.

PIX© price · 22.2% YoY
7.90MAED
Typical
2,499AED
PSF
Gross yield
3.3%
PIX© rent ÷ PIX© price
Sale records
856
DLD · all time
Rent contracts
1,997
Ejari · all time
The Lakes Zulal

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
2,168 – 4,957 sqft
3067.90M2,49922.2%259K3.3%
1 Bed · Townhouse
2,261 – 4,330 sqft
61
2 Bed · Townhouse
3,640 sqft
1
3 Bed · Townhouse
2,168 – 4,957 sqft
234
4 Bed · Townhouse
2,249 – 4,091 sqft
7
Townhouse (Bedrooms Unknown)
8,428 sqft
3 Bed · Villa
2,448 – 3,808 sqft
2
4 Bed · Villa
5 Bed · Villa
4,172 sqft
1
Sales — Project-Wide856 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
14 Aug 20263 Bed4,15612,000,0002,887+100.0%PremiumStandard Sale
11 Aug 20263 Bed2,3076,254,0002,711+160.6%StandardStandard Sale
3 Jul 20263 Bed4,34310,200,0002,349+112.5%Entry LevelStandard Sale
Rentals — Project-Wide1,997 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 Sep 20263 Bed3,954248,00063Entry Levelrenewal
1 Sep 20263 Bed2,792210,00075Entry Levelrenewal
23 Aug 20263 Bed2,279225,00099Entry Levelrenewal

Comparables

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

Comparable projects in Al Thanyah Third

The closest-priced registered projects in Al Thanyah Third.

Common questions about The Lakes Zulal

Answered from Dubai Land Department registered transactions.

How much does a property in The Lakes Zulal cost?

Property in The Lakes Zulal sells at a current PIX© price of AED 2,499 per sqft, or about AED 7,904,811 for a typical unit, based on 856 sales registered with the Dubai Land Department.

Is The Lakes Zulal completed?

Yes. The Lakes Zulal is recorded as completed in the Dubai Land Department project register (completed q1 2006).

Who is the developer of The Lakes Zulal?

The Lakes Zulal 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 Zulal?

The Lakes Zulal yields 3.3% gross, calculated from current PIX© rent against current PIX© sale price, across 1,997 registered Ejari contracts.

How many townhouses are in The Lakes Zulal?

The Lakes Zulal holds 306 registered townhouses, per the Dubai Land Department unit register.

Have prices in The Lakes Zulal gone up or down?

Price per sqft has risen +22.2% over the last 12 months, to AED 2,499, across 856 registered sales.