3-bed · 1,696 sqftMimosa, Damac Hills 2 · completed 2021

XU694B, Mimosa

Sold prices and rental history: sold once, by the developer in July 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XU694B · DLD and Ejari recordsUpdated 15 October 2021
Last soldAED 1M6 July 2020
Current rentAED 50K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XU694B, Mimosa

What is XU694B worth today?

Last sold for AED 1,004,499 in 2020

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15 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 29 per sqft
26 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 47 per sqft
6 Jul 2020Sold by developerOff-plan
AED 1,004,499AED 592 per sqft

Source: Dubai Land Department. Updated 15 October 2021.

Key facts

Type
3-bed villa
Size
1,696 sqft
Developer
DAMAC
Completed
2021
Last sold
AED 1M · July 2020
Community
Mimosa

About XU694B, Mimosa

XU694B is a three-bedroom villa of 1,696 sqft in Mimosa, a villa community in Damac Hills 2 completed in 2021 by DAMAC. The developer sold it on 6 July 2020 for AED 1,004,499, or AED 592 per sqft, 6% below the AED 629 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 15 October 2021, is AED 50,000 a year: a gross yield of 5.0% on the 2020 price.

Sales and rents for XU694B over time

Sales
Villa XU694B, 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 2020: AED 1,004,499 (AED 592 per sqft)

XU694B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XU694B, 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 2021: AED 80,000 a yearNew contract, October 2021: AED 50,000 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 XU694B sits

All 338 3-beds →

XU694B last sold in July 2020 at AED 592 per sqft, 6% below what three-beds in Mimosa were fetching at the time (AED 629). 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. XU694B's AED 50,000 is at the bottom 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 →

XU694B, Mimosa in numbers

  • Sold once: by DAMAC on 6 July 2020 for AED 1,004,499, or AED 592 per sqft.
  • Rented since August 2021 on 2 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2020 price is 5.0%.
  • 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 15 October 2021.

Questions about XU694B, Mimosa

What did villa XU694B last sell for?

AED 1,004,499 on 6 July 2020, sold by the developer: AED 592 per sqft for 1,696 sqft. It is the only registered sale of the villa.

What is the rent for villa XU694B?

AED 50,000 a year on the contract signed on 15 October 2021. The previous contract, from August 2021, was AED 80,000.

How big is villa XU694B?

1,696 sqft (157.6 sqm): a three-bedroom villa in Mimosa, completed in 2021.

What is villa XU694B 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 XU694B, Mimosa

Starts from the last sale price (AED 1M, 6 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,004,499
Deposit, UAE resident (20%)
AED 200,900
Deposit, non-resident (40%)
AED 401,800
Monthly over 25 years at 3.7%
AED 4,110

Plus AED 47,199 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →