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3-bed · 1,669 sqftAlbizia, Damac Hills 2 · completed 2022

XW993B, Albizia

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XW993B · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 1000K18 December 2016
Current rentAED 72K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XW993B, Albizia

What is XW993B worth today?

Last sold for AED 999,999 in 2016

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10 Jul 2024RentedNew contract
AED 72,000/yr12 months · AED 43 per sqft
1 Jul 2023RentedRenewal
AED 49,450/yr12 months · AED 30 per sqft
1 Jul 2022RentedRenewal
AED 43,000/yr12 months · AED 26 per sqft
1 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
18 Dec 2016Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1000K · December 2016
Community
Albizia

About XW993B, Albizia

XW993B is a three-bedroom villa of 1,669 sqft in Albizia, a villa community in Damac Hills 2 completed in 2022 by DAMAC. The developer sold it on 18 December 2016 for AED 999,999, or AED 599 per sqft, in line with the AED 599 three-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 July 2024, is AED 72,000 a year: a gross yield of 7.2% on the 2016 price.

Sales and rents for XW993B over time

Sales
Villa XW993B, each saleTypical three-bed in Albizia
1M1.25M2016201920222025Typical sale price by year: 2016 AED 999,999; 2017 AED 1,000,000; 2018 AED 1,050,000; 2019 AED 1,318,000; 2020 AED 1,024,999; 2021 AED 869,000; 2022 AED 860,000; 2023 AED 980,000; 2024 AED 1,200,000; 2025 AED 1,300,000; 2026 AED 1,365,000Sold by developer, December 2016: AED 999,999 (AED 599 per sqft)

XW993B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XW993B, each contractTypical three-bed in Albizia
50K75K2021202320252027Typical rent by year: 2021 AED 40,111; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 85,000New contract, July 2021: AED 40,000 a yearRenewal, July 2022: AED 43,000 a yearRenewal, July 2023: AED 49,450 a yearNew contract, July 2024: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Albizia, and where XW993B sits

All 602 3-beds →

XW993B last sold in December 2016 at AED 599 per sqft, in line with what three-beds in Albizia were fetching at the time (AED 599). Over the last 12 months three-beds sold for AED 1,235,000 to 1,592,760, around AED 801 per sqft, and rent for AED 54,000 to 120,000 a year. XW993B's AED 72,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20261,365,000
4 Feb 20261,350,000
2 Feb 20261,400,000
27 Jan 20261,350,000
16 3-bed sales in the last 12 months

Albizia

Community

604 villas, 3-bed to 6-bed in Damac Hills 2, completed in 2022 by DAMAC. 16 sold in the last 12 months.

Typical price per sqft
AED 801 Up 2.8%
Typical sale
AED 1.34M
Typical rent
AED 85K /yr
Typical yield
6.3%
Albizia, Damac Hills 2: prices, sales and rents →

XW993B, Albizia in numbers

  • Sold once: by DAMAC on 18 December 2016 for AED 999,999, or AED 599 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 40,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2016 price is 7.2%.
  • Three-beds in Albizia sold for AED 1,235,000–1,592,760 in the 12 months to November 2026; the community's median across all types is AED 801 per sqft.

Source: Dubai Land Department. Updated 10 July 2024.

Questions about XW993B, Albizia

What did villa XW993B last sell for?

AED 999,999 on 18 December 2016, sold by the developer: AED 599 per sqft for 1,669 sqft. It is the only registered sale of the villa.

What is the rent for villa XW993B?

AED 72,000 a year on the contract signed on 10 July 2024. The previous contract, from July 2023, was AED 49,450; the villa has been rented since July 2021.

How big is villa XW993B?

1,669 sqft (155.1 sqm): a three-bedroom villa in Albizia, completed in 2022.

What is villa XW993B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Albizia sold for AED 1,235,000 to 1,592,760 in the last 12 months, around AED 801 per sqft.

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Mortgage on XW993B, Albizia

Starts from the last sale price (AED 1000K, 18 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 999,999
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →