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The Lakes - Deema 1

Villa 5 BR Emaar Properties

ABOVE MARKET
Bedroom count inferred from built-up area (DLD field empty) — excluded from the comparables median.

Total Price

9,850,000

Rate

1,735 AED/sqft

Size

5,678 sqft

Comparable sales

View area trends

Rental context

Comparable 5-bedroom villas in The Lakes rent for a median of 425,000/yr across 39 Ejari contracts in the last two years.

Median annual rent
425,000
Sale price (this txn)
9,850,000
Implied gross yield
4.3%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,735 AED/sqft, above market compared with the median of comparable villa sales in The Lakes.

  • Comparable median: 1,567 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: +10.7%.
  • Gifts and mortgages excluded.
mediumSale

Location context

The Lakes · Emaar Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Find The Lakes - Deema 1 on DXB Interact

DXB Interact lists every sale for the building; the search above pre-fills DLD's beds + price + year so the right building page is usually result #1. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
The Lakes - Deema 1, The Lakes
in Lakes - Deema 1
Sale date
03 Jun 2024
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2024-19838
DLD AED/sqm
18,672(our derived AED/sqft: 1,735)
▸ Raw DLD record
transaction_id
dld-1-11-2024-19838
instance_date
2024-06-03
area_name_en
The Lakes
master_project_en
Lakes - Deema 1
project_name_en
The Lakes - Deema 1
building_name_en
The Lakes - Deema 1
property_type_en
Villa
rooms
5 BR
size_sqft
5,678
actual_worth
AED 9,850,000
meter_sale_price
18,672 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Other
has_parking
no
parties (seller / buyer)
2 / 1
nearest_landmark_en
Sports City Swimming Academy
nearest_metro_en
Nakheel Metro Station
nearest_mall_en
Marina Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗