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3-bed · 1,669 sqftMimosa, Damac Hills 2 · completed 2021

XU408B, Mimosa

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

Villa XU408B · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 800K2 June 2022
Current rentAED 65K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XU408B, Mimosa

What is XU408B worth today?

Last sold for AED 800,000 in 2022

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1 Nov 2023RentedNew contract
AED 65,000/yr12 months · AED 39 per sqft
25 Oct 2022RentedNew contract
AED 48,000/yr12 months · AED 29 per sqft
25 Oct 2022RentedNew contract
AED 48,000/yr12 months · AED 29 per sqft
2 Jun 2022SoldReady
AED 800,000AED 479 per sqft
5 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 26 per sqft
23 Sep 2021Sold by developerReady
AED 869,000AED 520 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2021
Last sold
AED 800K · June 2022
Community
Mimosa

About XU408B, Mimosa

XU408B is a three-bedroom villa of 1,669 sqft in Mimosa, a villa community in Damac Hills 2 completed in 2021 by DAMAC. It last sold on 2 June 2022 for AED 800,000, or AED 479 per sqft, 8% below the AED 520 three-beds in the community were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 November 2023, is AED 65,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for XU408B over time

Sales
Villa XU408B, each saleTypical three-bed in Mimosa
1M1.5M2016201920222025Typical sale price by year: 2016 AED 999,999; 2017 AED 1,000,000; 2018 AED 1,077,125; 2020 AED 1,049,999; 2021 AED 869,000; 2022 AED 869,000; 2023 AED 1,000,000; 2024 AED 1,180,000; 2025 AED 1,350,000; 2026 AED 1,410,000Sold by developer, September 2021: AED 869,000 (AED 520 per sqft)Sold, June 2022: AED 800,000 (AED 479 per sqft)

XU408B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU408B, each contractTypical three-bed in Mimosa
40K60K80K2021202320252027Typical rent by year: 2021 AED 42,000; 2022 AED 46,000; 2023 AED 54,000; 2024 AED 69,906; 2025 AED 81,500; 2026 AED 83,500New contract, February 2022: AED 43,000 a yearNew contract, October 2022: AED 48,000 a yearNew contract, October 2022: AED 48,000 a yearNew contract, November 2023: AED 65,000 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 Mimosa, and where XU408B sits

All 338 3-beds →

XU408B last sold in June 2022 at AED 479 per sqft, 8% below what three-beds in Mimosa were fetching at the time (AED 520). Over the last 12 months three-beds sold for AED 1,270,000 to 1,550,000, around AED 825 per sqft, and rent for AED 63,360 to 110,000 a year. XU408B's AED 65,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
16 Feb 20261,450,000
5 Feb 20261,330,000
30 Jan 20261,325,000
30 Jan 20261,370,000
13 3-bed sales in the last 12 months

Mimosa

Community

338 villas, 3-bed in Damac Hills 2, completed in 2021 by DAMAC. 13 sold in the last 12 months.

Typical price per sqft
AED 825 Up 2.9%
Typical sale
AED 1.4M
Typical rent
AED 83K /yr
Typical yield
6.0%
Mimosa, Damac Hills 2: prices, sales and rents →

XU408B, Mimosa in numbers

  • Sold twice: first on 23 September 2021 for AED 869,000, last on 2 June 2022 for AED 800,000 (AED 479 per sqft).
  • Rented since February 2022 on 4 Ejari contracts, from AED 43,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 8.1%.
  • Three-beds in Mimosa sold for AED 1,270,000–1,550,000 in the 12 months to November 2026; the community's median across all types is AED 825 per sqft.

Source: Dubai Land Department. Updated 1 November 2023.

Questions about XU408B, Mimosa

What did villa XU408B last sell for?

AED 800,000 on 2 June 2022: AED 479 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 869,000 in September 2021.

What is the rent for villa XU408B?

AED 65,000 a year on the contract signed on 1 November 2023. The previous contract, from October 2022, was AED 48,000; the villa has been rented since February 2022.

How big is villa XU408B?

1,669 sqft (155.1 sqm): a three-bedroom villa in Mimosa, completed in 2021.

What is villa XU408B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mimosa sold for AED 1,270,000 to 1,550,000 in the last 12 months, around AED 825 per sqft.

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Mortgage on XU408B, Mimosa

Starts from the last sale price (AED 800K, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →