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

XU623B, Mimosa

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

Villa XU623B · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 930K11 August 2023
Current rentAED 65K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XU623B, Mimosa

What is XU623B worth today?

Last sold for AED 930,000 in 2023

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1 Sep 2023RentedNew contract
AED 65,000/yr12 months · AED 39 per sqft
11 Aug 2023SoldReady
AED 930,000AED 557 per sqft
21 Dec 2016Sold by developerOff-plan
AED 979,999AED 587 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
3-bed villa
Size
1,669 sqft
Developer
DAMAC
Completed
2021
Last sold
AED 930K · August 2023
Community
Mimosa

About XU623B, Mimosa

XU623B 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 11 August 2023 for AED 930,000, or AED 557 per sqft, 4% above the AED 537 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 September 2023. The current contract, signed on 1 September 2023, is AED 65,000 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for XU623B over time

Sales
Villa XU623B, 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, December 2016: AED 979,999 (AED 587 per sqft)Sold, August 2023: AED 930,000 (AED 557 per sqft)

XU623B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU623B, 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 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 XU623B sits

All 338 3-beds →

XU623B last sold in August 2023 at AED 557 per sqft, 4% above what three-beds in Mimosa were fetching at the time (AED 537). 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. XU623B'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 →

XU623B, Mimosa in numbers

  • Sold twice: first on 21 December 2016 for AED 979,999, last on 11 August 2023 for AED 930,000 (AED 557 per sqft).
  • Rented since September 2023 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 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 September 2023.

Questions about XU623B, Mimosa

What did villa XU623B last sell for?

AED 930,000 on 11 August 2023: AED 557 per sqft for 1,669 sqft. The villa has 2 registered sales; the first was AED 979,999 in December 2016.

What is the rent for villa XU623B?

AED 65,000 a year on the contract signed on 1 September 2023.

How big is villa XU623B?

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

What is villa XU623B 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 XU623B, Mimosa

Starts from the last sale price (AED 930K, 11 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

Plus AED 44,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →