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

XU559B, Mimosa

Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XU559B · DLD and Ejari recordsUpdated 17 November 2022
Last soldAED 1000K9 March 2017
Current rentAED 65K /yr17 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XU559B, Mimosa

What is XU559B worth today?

Last sold for AED 999,999 in 2017

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17 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 39 per sqft
18 Oct 2021RentedNew contract
AED 56,000/yr13 months · AED 34 per sqft
9 Mar 2017Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 17 November 2022.

Key facts

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

About XU559B, Mimosa

XU559B 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 9 March 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.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 17 November 2022, is AED 65,000 a year: a gross yield of 6.5% on the 2017 price.

Sales and rents for XU559B over time

Sales
Villa XU559B, 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, March 2017: AED 999,999 (AED 599 per sqft)

XU559B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU559B, 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, October 2021: AED 56,000 a yearNew contract, November 2022: 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 XU559B sits

All 338 3-beds →

XU559B last sold in March 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. XU559B'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 →

XU559B, Mimosa in numbers

  • Sold once: by DAMAC on 9 March 2017 for AED 999,999, or AED 599 per sqft.
  • Rented since October 2021 on 2 Ejari contracts, from AED 56,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 6.5%.
  • 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 17 November 2022.

Questions about XU559B, Mimosa

What did villa XU559B last sell for?

AED 999,999 on 9 March 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 XU559B?

AED 65,000 a year on the contract signed on 17 November 2022. The previous contract, from October 2021, was AED 56,000.

How big is villa XU559B?

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

What is villa XU559B 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 XU559B, Mimosa

Starts from the last sale price (AED 1000K, 9 March 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 →