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

XN2961B, Amargo

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

Villa XN2961B · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 894K24 March 2022
Current rentAED 80K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XN2961B, Amargo

What is XN2961B worth today?

Last sold for AED 894,000 in 2022

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1 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
15 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 33 per sqft
24 Mar 2022Sold by developerReady
AED 894,000AED 535 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed villa
Size
1,671 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 894K · March 2022
Community
Amargo

About XN2961B, Amargo

XN2961B 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 24 March 2022 for AED 894,000, or AED 535 per sqft, in line with the AED 535 three-beds in the community were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 April 2024, is AED 80,000 a year: a gross yield of 8.9% on the 2022 price.

Sales and rents for XN2961B over time

Sales
Villa XN2961B, 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, March 2022: AED 894,000 (AED 535 per sqft)

XN2961B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XN2961B, 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 55,000 a yearNew contract, April 2024: AED 80,000 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 XN2961B sits

All 351 3-beds →

XN2961B last sold in March 2022 at AED 535 per sqft, in line with what three-beds in Amargo were fetching at the time (AED 535). 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. XN2961B's AED 80,000 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 →

XN2961B, Amargo in numbers

  • Sold once: by DAMAC on 24 March 2022 for AED 894,000, or AED 535 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.9%.
  • 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 1 April 2024.

Questions about XN2961B, Amargo

What did villa XN2961B last sell for?

AED 894,000 on 24 March 2022, sold by the developer: AED 535 per sqft for 1,671 sqft. It is the only registered sale of the villa.

What is the rent for villa XN2961B?

AED 80,000 a year on the contract signed on 1 April 2024. The previous contract, from December 2022, was AED 55,000.

How big is villa XN2961B?

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

What is villa XN2961B 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.

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Mortgage on XN2961B, Amargo

Starts from the last sale price (AED 894K, 24 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 894,000
Deposit, UAE resident (20%)
AED 178,800
Deposit, non-resident (40%)
AED 357,600
Monthly over 25 years at 3.7%
AED 3,658

Plus AED 42,558 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →