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

XU498B, Mimosa

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

Villa XU498B · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 700K1 April 2021
Current rentAED 60K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XU498B, Mimosa

What is XU498B worth today?

Last sold for AED 700,000 in 2021

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1 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 36 per sqft
30 Sep 2023RentedRenewal
AED 44,875/yr12 months · AED 27 per sqft
30 Sep 2022RentedRenewal
AED 40,000/yr12 months · AED 24 per sqft
30 Sep 2021RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
1 Apr 2021SoldOff-plan
AED 700,000AED 419 per sqft
15 Jan 2017Sold by developerOff-plan
AED 979,999AED 587 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2021
Last sold
AED 700K · April 2021
Community
Mimosa

About XU498B, Mimosa

XU498B 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 1 April 2021 for AED 700,000, or AED 419 per sqft, 29% below the AED 592 three-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 60,000 a year: a gross yield of 8.6% on the 2021 price.

Sales and rents for XU498B over time

Sales
Villa XU498B, 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, January 2017: AED 979,999 (AED 587 per sqft)Sold, April 2021: AED 700,000 (AED 419 per sqft)

XU498B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU498B, 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, September 2021: AED 40,000 a yearRenewal, September 2022: AED 40,000 a yearRenewal, September 2023: AED 44,875 a yearRenewal, October 2024: AED 60,000 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 XU498B sits

All 338 3-beds →

XU498B last sold in April 2021 at AED 419 per sqft, 29% below what three-beds in Mimosa were fetching at the time (AED 592). 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. XU498B's AED 60,000 is at the bottom 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 →

XU498B, Mimosa in numbers

  • Sold twice: first on 15 January 2017 for AED 979,999, last on 1 April 2021 for AED 700,000 (AED 419 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 8.6%.
  • 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 October 2024.

Questions about XU498B, Mimosa

What did villa XU498B last sell for?

AED 700,000 on 1 April 2021: AED 419 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 979,999 in January 2017.

What is the rent for villa XU498B?

AED 60,000 a year on the contract renewed on 1 October 2024. The previous contract, from September 2023, was AED 44,875; the villa has been rented since September 2021.

How big is villa XU498B?

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

What is villa XU498B 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 XU498B, Mimosa

Starts from the last sale price (AED 700K, 1 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →