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

XU648B, Mimosa

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

Villa XU648B · DLD and Ejari recordsUpdated 26 August 2023
Last soldAED 1000K18 April 2017
Current rentAED 75K /yr26 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XU648B, Mimosa

What is XU648B worth today?

Last sold for AED 999,999 in 2017

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26 Aug 2023RentedNew contract
AED 75,000/yr16 months · AED 45 per sqft
5 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
15 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 24 per sqft
18 Apr 2017Sold by developerOff-plan
AED 999,999AED 599 per sqft

Source: Dubai Land Department. Updated 26 August 2023.

Key facts

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

About XU648B, Mimosa

XU648B 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 18 April 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 3 Ejari contracts. The current contract, signed on 26 August 2023, is AED 75,000 a year: a gross yield of 7.5% on the 2017 price.

Sales and rents for XU648B over time

Sales
Villa XU648B, 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, April 2017: AED 999,999 (AED 599 per sqft)

XU648B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU648B, 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, December 2021: AED 40,000 a yearNew contract, July 2022: AED 40,000 a yearNew contract, August 2023: AED 75,000 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 XU648B sits

All 338 3-beds →

XU648B last sold in April 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. XU648B's AED 75,000 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 →

XU648B, Mimosa in numbers

  • Sold once: by DAMAC on 18 April 2017 for AED 999,999, or AED 599 per sqft.
  • Rented since December 2021 on 3 Ejari contracts, from AED 40,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 7.5%.
  • 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 26 August 2023.

Questions about XU648B, Mimosa

What did villa XU648B last sell for?

AED 999,999 on 18 April 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 XU648B?

AED 75,000 a year on the contract signed on 26 August 2023. The previous contract, from July 2022, was AED 40,000; the villa has been rented since December 2021.

How big is villa XU648B?

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

What is villa XU648B 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 XU648B, Mimosa

Starts from the last sale price (AED 1000K, 18 April 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 →