3-bed · 1,671 sqftAmargo, Damac Hills 2 · completed 2022

XN2947B, Amargo

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XN2947B · DLD and Ejari recordsUpdated 8 April 2024
Last soldAED 942K1 August 2022
Current rentAED 75K /yr8 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XN2947B, Amargo

What is XN2947B worth today?

Last sold for AED 942,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
10 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 33 per sqft
1 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 36 per sqft
1 Aug 2022Sold by developerReady
AED 942,000AED 563 per sqft

Source: Dubai Land Department. Updated 8 April 2024.

Key facts

Type
3-bed villa
Size
1,671 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 942K · August 2022
Community
Amargo

About XN2947B, Amargo

XN2947B is a three-bedroom villa of 1,671 sqft in Amargo, a villa community in Damac Hills 2 completed in 2022 by DAMAC. The developer sold it on 1 August 2022 for AED 942,000, or AED 563 per sqft, in line with the AED 549 three-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 8 April 2024, is AED 75,000 a year: a gross yield of 8.0% on the 2022 price.

Sales and rents for XN2947B over time

Sales
Villa XN2947B, each saleTypical three-bed in Amargo
1M1.25M2017202020232026Typical sale price by year: 2017 AED 1,050,000; 2018 AED 1,075,000; 2019 AED 1,100,000; 2020 AED 961,500; 2021 AED 919,000; 2022 AED 894,000; 2023 AED 1,000,000; 2024 AED 1,200,000; 2025 AED 1,300,000; 2026 AED 1,375,000Sold by developer, August 2022: AED 942,000 (AED 563 per sqft)

XN2947B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XN2947B, each contractTypical three-bed in Amargo
40K60K80K2021202320252027Typical rent by year: 2021 AED 44,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 80,000New contract, December 2022: AED 60,000 a yearNew contract, April 2023: AED 55,000 a yearNew contract, April 2024: AED 75,000 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 Amargo, and where XN2947B sits

All 351 3-beds →

XN2947B last sold in August 2022 at AED 563 per sqft, in line with what three-beds in Amargo were fetching at the time (AED 549). Over the last 12 months three-beds sold for AED 1,325,000 to 1,430,000, around AED 821 per sqft, and rent for AED 50,000 to 110,250 a year. XN2947B's AED 75,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20261,375,000
5 Feb 20261,325,000
12 Jan 20261,430,000
21 Nov 20251,370,000
4 3-bed sales in the last 12 months

Amargo

Community

398 villas, 3-bed to 5-bed in Damac Hills 2, completed in 2022 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 819
Typical sale
AED 1.38M
Typical rent
AED 80K /yr
Typical yield
5.6%
Amargo, Damac Hills 2: prices, sales and rents →

XN2947B, Amargo in numbers

  • Sold once: by DAMAC on 1 August 2022 for AED 942,000, or AED 563 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 60,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.0%.
  • Three-beds in Amargo sold for AED 1,325,000–1,430,000 in the 12 months to November 2026; the community's median across all types is AED 819 per sqft.

Source: Dubai Land Department. Updated 8 April 2024.

Questions about XN2947B, Amargo

What did villa XN2947B last sell for?

AED 942,000 on 1 August 2022, sold by the developer: AED 563 per sqft for 1,671 sqft. It is the only registered sale of the villa.

What is the rent for villa XN2947B?

AED 75,000 a year on the contract signed on 8 April 2024. The previous contract, from April 2023, was AED 55,000; the villa has been rented since December 2022.

How big is villa XN2947B?

1,671 sqft (155.2 sqm): a three-bedroom villa in Amargo, completed in 2022.

What is villa XN2947B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Amargo sold for AED 1,325,000 to 1,430,000 in the last 12 months, around AED 821 per sqft.

Selling XN2947B? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on XN2947B, Amargo

Starts from the last sale price (AED 942K, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 942,000
Deposit, UAE resident (20%)
AED 188,400
Deposit, non-resident (40%)
AED 376,800
Monthly over 25 years at 3.7%
AED 3,854

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →