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

XU531B, Mimosa

Sold prices and rental history: sold once, by the developer in July 2017, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XU531B · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1000K20 July 2017
Current rentAED 70K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XU531B, Mimosa

What is XU531B worth today?

Last sold for AED 999,999 in 2017

Unlock today's estimate, updated daily, with

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

1 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
20 Jul 2017Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2021
Last sold
AED 1000K · July 2017
Community
Mimosa

About XU531B, Mimosa

XU531B is a three-bedroom villa of 1,669 sqft in Mimosa, a villa community in Damac Hills 2 completed in 2021 by DAMAC. The developer sold it on 20 July 2017 for AED 999,999, or AED 599 per sqft, in line with the AED 599 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, signed on 1 August 2024, is AED 70,000 a year: a gross yield of 7.0% on the 2017 price.

Sales and rents for XU531B over time

Sales
Villa XU531B, each saleTypical three-bed in Mimosa
1M1.25M1.5M2016201920222025Typical 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, July 2017: AED 999,999 (AED 599 per sqft)

XU531B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU531B, 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, August 2024: AED 70,000 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 XU531B sits

All 338 3-beds →

XU531B last sold in July 2017 at AED 599 per sqft, in line with what three-beds in Mimosa were fetching at the time (AED 599). 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. XU531B's AED 70,000 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 →

XU531B, Mimosa in numbers

  • Sold once: by DAMAC on 20 July 2017 for AED 999,999, or AED 599 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 7.0%.
  • 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 August 2024.

Questions about XU531B, Mimosa

What did villa XU531B last sell for?

AED 999,999 on 20 July 2017, sold by the developer: AED 599 per sqft for 1,669 sqft. It is the only registered sale of the villa.

What is the rent for villa XU531B?

AED 70,000 a year on the contract signed on 1 August 2024.

How big is villa XU531B?

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

What is villa XU531B 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.

Selling XU531B? 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 XU531B, Mimosa

Starts from the last sale price (AED 1000K, 20 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 999,999
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →