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

XU603B, Mimosa

Sold prices and rental history: sold twice, last in November 2023, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XU603B · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.27M2 November 2023
Current rentAED 80K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XU603B, Mimosa

What is XU603B worth today?

Last sold for AED 1,265,000 in 2023

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1 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
2 Nov 2023SoldReady
AED 1,265,000AED 758 per sqft
17 Feb 2020Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2021
Last sold
AED 1.27M · November 2023
Community
Mimosa

About XU603B, Mimosa

XU603B 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 November 2023 for AED 1,265,000, or AED 758 per sqft, 38% above the AED 550 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 February 2024. The current contract, signed on 1 February 2024, is AED 80,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for XU603B over time

Sales
Villa XU603B, 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, February 2020: AED 999,999 (AED 599 per sqft)Sold, November 2023: AED 1,265,000 (AED 758 per sqft)

XU603B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU603B, 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 2024: AED 80,000 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 XU603B sits

All 338 3-beds →

XU603B last sold in November 2023 at AED 758 per sqft, 38% above what three-beds in Mimosa were fetching at the time (AED 550). 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. XU603B's AED 80,000 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 →

XU603B, Mimosa in numbers

  • Sold twice: first on 17 February 2020 for AED 999,999, last on 2 November 2023 for AED 1,265,000 (AED 758 per sqft).
  • Rented since February 2024 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 6.3%.
  • 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 February 2024.

Questions about XU603B, Mimosa

What did villa XU603B last sell for?

AED 1,265,000 on 2 November 2023: AED 758 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 999,999 in February 2020.

What is the rent for villa XU603B?

AED 80,000 a year on the contract signed on 1 February 2024.

How big is villa XU603B?

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

What is villa XU603B 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 XU603B, Mimosa

Starts from the last sale price (AED 1.27M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,265,000
Deposit, UAE resident (20%)
AED 253,000
Deposit, non-resident (40%)
AED 506,000
Monthly over 25 years at 3.7%
AED 5,176

Plus AED 58,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →