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3-bed · 1,758 sqftVictoria, Damac Hills 2 · completed 2022

XM1603B, Victoria

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XM1603B · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.15M7 June 2022
Current rentAED 78K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XM1603B, Victoria

What is XM1603B worth today?

Last sold for AED 1,150,000 in 2022

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15 Jul 2024RentedRenewal
AED 78,000/yr12 months · AED 44 per sqft
15 Jul 2023RentedNew contract
AED 78,000/yr12 months · AED 44 per sqft
22 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
7 Jun 2022Sold by developerReady
AED 1,150,000AED 654 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed villa
Size
1,758 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 1.15M · June 2022
Community
Victoria

About XM1603B, Victoria

XM1603B is a three-bedroom villa of 1,758 sqft in Victoria, a villa community in Damac Hills 2 completed in 2022 by DAMAC. The developer sold it on 7 June 2022 for AED 1,150,000, or AED 654 per sqft, 18% above the AED 555 three-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 78,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for XM1603B over time

Sales
Villa XM1603B, 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, June 2022: AED 1,150,000 (AED 654 per sqft)

XM1603B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XM1603B, 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, August 2022: AED 70,000 a yearNew contract, July 2023: AED 78,000 a yearRenewal, July 2024: AED 78,000 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 XM1603B sits

All 321 3-beds →

XM1603B last sold in June 2022 at AED 654 per sqft, 18% above what three-beds in Victoria were fetching at the time (AED 555). 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. XM1603B's AED 78,000 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 →

XM1603B, Victoria in numbers

  • Sold once: by DAMAC on 7 June 2022 for AED 1,150,000, or AED 654 per sqft.
  • Rented since August 2022 on 3 Ejari contracts, from AED 70,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2022 price is 6.8%.
  • 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 July 2024.

Questions about XM1603B, Victoria

What did villa XM1603B last sell for?

AED 1,150,000 on 7 June 2022, sold by the developer: AED 654 per sqft for 1,758 sqft. It is the only registered sale of the villa.

What is the rent for villa XM1603B?

AED 78,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 78,000; the villa has been rented since August 2022.

How big is villa XM1603B?

1,758 sqft (163.3 sqm): a three-bedroom villa in Victoria, completed in 2022.

What is villa XM1603B 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 XM1603B, Victoria

Starts from the last sale price (AED 1.15M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →