3-bed · 1,709 sqftVictoria, Damac Hills 2 · completed 2022

XM1583B, Victoria

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

Villa XM1583B · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1M3 October 2023
Current rentAED 75K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XM1583B, Victoria

What is XM1583B worth today?

Last sold for AED 1,000,000 in 2023

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15 Mar 2024RentedNew contract
AED 75,000/yr12 months · AED 44 per sqft
3 Oct 2023SoldReady
AED 1,000,000AED 585 per sqft
20 Sep 2017Sold by developerOff-plan
AED 1,100,000AED 643 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
3-bed villa
Size
1,709 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1M · October 2023
Community
Victoria

About XM1583B, Victoria

XM1583B is a three-bedroom villa of 1,709 sqft in Victoria, a villa community in Damac Hills 2 completed in 2022 by DAMAC. It last sold on 3 October 2023 for AED 1,000,000, or AED 585 per sqft, 3% below the AED 604 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 March 2024. The current contract, signed on 15 March 2024, is AED 75,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for XM1583B over time

Sales
Villa XM1583B, each saleTypical three-bed in Victoria
1M1.25M2017202020232026Typical sale price by year: 2017 AED 1,075,000; 2018 AED 1,100,000; 2019 AED 1,239,770; 2020 AED 1,137,000; 2021 AED 1,075,000; 2022 AED 923,000; 2023 AED 1,250,000; 2024 AED 1,200,000; 2025 AED 1,375,000; 2026 AED 1,300,000Sold by developer, September 2017: AED 1,100,000 (AED 643 per sqft)Sold, October 2023: AED 1,000,000 (AED 585 per sqft)

XM1583B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XM1583B, each contractTypical three-bed in Victoria
40K60K80K202220242026Typical rent by year: 2022 AED 46,000; 2023 AED 56,500; 2024 AED 70,000; 2025 AED 80,300; 2026 AED 85,000New contract, March 2024: 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 Victoria, and where XM1583B sits

All 321 3-beds →

XM1583B last sold in October 2023 at AED 585 per sqft, 3% below what three-beds in Victoria were fetching at the time (AED 604). Over the last 12 months three-beds sold for AED 1,250,000 to 1,600,000, around AED 801 per sqft, and rent for AED 63,000 to 105,000 a year. XM1583B's AED 75,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Jan 20261,250,000
22 Jan 20261,300,000
20 Jan 20261,285,000
9 Jan 20261,600,000
10 3-bed sales in the last 12 months

Victoria

Community

403 villas, 3-bed to 4-bed in Damac Hills 2, completed in 2022 by DAMAC. 14 sold in the last 12 months.

Typical price per sqft
AED 797 Up 6.5%
Typical sale
AED 1.41M
Typical rent
AED 85K /yr
Typical yield
6.1%
Victoria, Damac Hills 2: prices, sales and rents →

XM1583B, Victoria in numbers

  • Sold twice: first on 20 September 2017 for AED 1,100,000, last on 3 October 2023 for AED 1,000,000 (AED 585 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.5%.
  • Three-beds in Victoria sold for AED 1,250,000–1,600,000 in the 12 months to November 2026; the community's median across all types is AED 797 per sqft.

Source: Dubai Land Department. Updated 15 March 2024.

Questions about XM1583B, Victoria

What did villa XM1583B last sell for?

AED 1,000,000 on 3 October 2023: AED 585 per sqft for 1,709 sqft. The villa has 2 registered sales; the first was AED 1,100,000 in September 2017.

What is the rent for villa XM1583B?

AED 75,000 a year on the contract signed on 15 March 2024.

How big is villa XM1583B?

1,709 sqft (158.8 sqm): a three-bedroom villa in Victoria, completed in 2022.

What is villa XM1583B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Victoria sold for AED 1,250,000 to 1,600,000 in the last 12 months, around AED 801 per sqft.

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Mortgage on XM1583B, Victoria

Starts from the last sale price (AED 1M, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
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 →