Emaar Properties (P.J.S.C) · Selling since 2008 · recent sales mostly resales
completed per DLD · 100% complete · villa complex · 306 villas · 80 plots · DLD target completion November 2009
Registered developer: Emaar Properties (P.J.S.C) (DLD no. 555)
Escrow account with Mashreq Bank · Zoned by Dubai Municipality
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
AED 2,711/sqft
+19.4%
188 months
Registered resales here span 188 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in The Lakes Zulal — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what completed homes of that size actually sold for in The Lakes Zulal over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in The Lakes Zulal itself; the rest are homes of the same size in The Lakes, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 3 beds | AED 6.88M | AED 320,437/yrsame size in The Lakes | 4.7% | 12 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 3 beds here reads 10.2% instead of 4.7%, because it prices the home at AED 3.16M — the median across every sale on record — rather than the AED 6.88M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 3 beds | AED 43,218 | AED 277,219 | 4.7% | 4.0% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Over the last twelve months a completed 3-bedroom in The Lakes Zulal sold for a median AED 6.88M (12 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
A 3-bedroom rents for a median AED 320,437/yr (homes of about that size in The Lakes, 28 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match The Lakes Zulal, so every figure above is the rent for homes of that size in The Lakes — the area's rent, not this project's own.
Gross yields on completed homes in The Lakes Zulal run about 4.7% on a 3-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
0% of the 14 sales registered in The Lakes Zulal in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
The Land Department's register holds 860 sales in The Lakes Zulal, the earliest registered in 2008. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Price vs. The Lakes median
+48.5%
Priced above the area's real median — ask why.
Developer track record
38,113 real transactions
52 completed · 3 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →When The Lakes Zulal completed in November 2009, 0 other other projects in The Lakes were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 6 more other projects in The Lakes are still in the pipeline overall.
Transport, schools, healthcare, and daily essentials within 3 km.
1.4 km
Al Fardan Exchange
939 m
Regent International School
1.5 km
Lux Aeterna Clinic
320 m
Choitrams
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of The Lakes — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.