5-bed · 2,441 sqftAmargo, Damac Hills 2 · completed 2022

XN2984B, Amargo

Sold prices and rental history: sold twice, last in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XN2984B · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 1.08M11 November 2021
Current rentAED 93K /yr22 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XN2984B, Amargo

What is XN2984B worth today?

Last sold for AED 1,080,000 in 2021

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22 Apr 2024RentedNew contract
AED 93,000/yr12 months · AED 38 per sqft
20 Feb 2023RentedNew contract
AED 87,000/yr12 months · AED 36 per sqft
3 Apr 2022RentedNew contract
AED 80,000/yr12 months · AED 33 per sqft
11 Nov 2021SoldReady
AED 1,080,000AED 442 per sqft
28 Jun 2017Sold by developerOff-plan
AED 1,450,000AED 594 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
5-bed villa
Size
2,441 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.08M · November 2021
Community
Amargo

About XN2984B, Amargo

XN2984B is a five-bedroom villa of 2,441 sqft in Amargo, a villa community in Damac Hills 2 completed in 2022 by DAMAC. It last sold on 11 November 2021 for AED 1,080,000, or AED 442 per sqft, 15% below the AED 520 five-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 22 April 2024, is AED 93,000 a year: a gross yield of 8.6% on the 2021 price.

Sales and rents for XN2984B over time

Sales
Villa XN2984B, each saleTypical five-bed in Amargo
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,450,000; 2021 AED 1,271,000; 2022 AED 1,271,000; 2023 AED 1,235,500; 2024 AED 1,500,000; 2025 AED 1,650,000Sold by developer, June 2017: AED 1,450,000 (AED 594 per sqft)Sold, November 2021: AED 1,080,000 (AED 442 per sqft)

XN2984B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa XN2984B, each contractTypical five-bed in Amargo
80K100K202220242026Typical rent by year: 2022 AED 73,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 105,568; 2026 AED 112,500New contract, April 2022: AED 80,000 a yearNew contract, February 2023: AED 87,000 a yearNew contract, April 2024: AED 93,000 a year

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

5-beds in Amargo, and where XN2984B sits

All 47 5-beds →

XN2984B last sold in November 2021 at AED 442 per sqft, 15% below what five-beds in Amargo were fetching at the time (AED 520). Over the last 12 months five-beds sold for AED 1,525,000, around AED 613 per sqft, and rent for AED 83,000 to 125,000 a year. XN2984B's AED 93,000 is in the lower half of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
22 Jan 20261,525,000
21 Aug 20252,000,000
20 May 20251,500,000
4 Mar 20251,725,000
1 5-bed sale 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 →

XN2984B, Amargo in numbers

  • Sold twice: first on 28 June 2017 for AED 1,450,000, last on 11 November 2021 for AED 1,080,000 (AED 442 per sqft).
  • Rented since April 2022 on 3 Ejari contracts, from AED 80,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2021 price is 8.6%.
  • Five-beds in Amargo sold for AED 1,525,000–1,525,000 in the 12 months to November 2026; the community's median across all types is AED 819 per sqft.

Source: Dubai Land Department. Updated 22 April 2024.

Questions about XN2984B, Amargo

What did villa XN2984B last sell for?

AED 1,080,000 on 11 November 2021: AED 442 per sqft for 2,441 sqft. The villa has 2 registered sales; the first was AED 1,450,000 in June 2017.

What is the rent for villa XN2984B?

AED 93,000 a year on the contract signed on 22 April 2024. The previous contract, from February 2023, was AED 87,000; the villa has been rented since April 2022.

How big is villa XN2984B?

2,441 sqft (226.8 sqm): a five-bedroom villa in Amargo, completed in 2022.

What is villa XN2984B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Amargo sold for AED 1,525,000 to 1,525,000 in the last 12 months, around AED 613 per sqft.

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Mortgage on XN2984B, Amargo

Starts from the last sale price (AED 1.08M, 11 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

Plus AED 50,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →