3-bed · 1,768 sqftPrimrose, Damac Hills 2 · completed 2020

C038B, Primrose

Sold prices and rental history: sold twice, last in April 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa C038B · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 1.5M25 April 2024
Current rentAED 55K /yr8 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C038B, Primrose

What is C038B worth today?

Last sold for AED 1,500,000 in 2024

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25 Apr 2024SoldReady
AED 1,500,000AED 848 per sqft
8 Nov 2022RentedRenewal
AED 55,000/yr12 months · AED 31 per sqft
8 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 31 per sqft
1 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 31 per sqft
13 Nov 2014Sold by developerOff-plan
AED 1,649,200AED 932 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
3-bed villa
Size
1,768 sqft
Developer
DAMAC
Completed
2020
Last sold
AED 1.5M · April 2024
Community
Primrose

About C038B, Primrose

C038B is a three-bedroom villa of 1,768 sqft in Primrose, a villa community in Damac Hills 2 completed in 2020 by DAMAC. It last sold on 25 April 2024 for AED 1,500,000, or AED 848 per sqft, 11% above the AED 763 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 8 November 2022, is AED 55,000 a year: a gross yield of 3.7% on the 2024 price.

Sales and rents for C038B over time

Sales
Villa C038B, each saleTypical three-bed in Primrose
1.5M20142017202020232026Typical sale price by year: 2014 AED 1,649,200; 2015 AED 1,649,200; 2016 AED 1,600,000; 2017 AED 1,600,000; 2018 AED 1,673,000; 2021 AED 1,200,000; 2022 AED 1,318,000; 2023 AED 1,460,000; 2024 AED 1,675,000; 2025 AED 1,856,500Sold by developer, November 2014: AED 1,649,200 (AED 932 per sqft)Sold, April 2024: AED 1,500,000 (AED 848 per sqft)

C038B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa C038B, each contractTypical three-bed in Primrose
50K100K2020202220242026Typical rent by year: 2020 AED 60,000; 2021 AED 60,000; 2022 AED 65,000; 2023 AED 71,750; 2024 AED 84,000; 2025 AED 100,000; 2026 AED 120,000New contract, August 2020: AED 55,000 a yearNew contract, November 2021: AED 55,000 a yearRenewal, November 2022: AED 55,000 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 Primrose, and where C038B sits

All 207 3-beds →

C038B last sold in April 2024 at AED 848 per sqft, 11% above what three-beds in Primrose were fetching at the time (AED 763). Over the last 12 months three-beds sold for AED 1,750,000 to 2,200,000, around AED 1,087 per sqft, and rent for AED 74,750 to 140,000 a year. C038B's AED 55,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
9 Jan 20262,000,000
29 Dec 20251,750,000
18 Dec 20252,050,000
8 Dec 20252,200,000
6 3-bed sales in the last 12 months

Primrose

Community

350 villas, 3-bed to 6-bed in Damac Hills 2, completed in 2020 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,047
Typical sale
AED 2.05M
Typical rent
AED 125K /yr
Typical yield
5.4%
Primrose, Damac Hills 2: prices, sales and rents →

C038B, Primrose in numbers

  • Sold twice: first on 13 November 2014 for AED 1,649,200, last on 25 April 2024 for AED 1,500,000 (AED 848 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 3.7%.
  • Three-beds in Primrose sold for AED 1,750,000–2,200,000 in the 12 months to November 2026; the community's median across all types is AED 1,047 per sqft.

Source: Dubai Land Department. Updated 25 April 2024.

Questions about C038B, Primrose

What did villa C038B last sell for?

AED 1,500,000 on 25 April 2024: AED 848 per sqft for 1,768 sqft. The villa has 2 registered sales; the first was AED 1,649,200 in November 2014.

What is the rent for villa C038B?

AED 55,000 a year on the contract renewed on 8 November 2022. The previous contract, from November 2021, was AED 55,000; the villa has been rented since August 2020.

How big is villa C038B?

1,768 sqft (164.3 sqm): a three-bedroom villa in Primrose, completed in 2020.

What is villa C038B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Primrose sold for AED 1,750,000 to 2,200,000 in the last 12 months, around AED 1,087 per sqft.

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Mortgage on C038B, Primrose

Starts from the last sale price (AED 1.5M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →