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3-bed · 1,697 sqftVictoria, Damac Hills 2 · completed 2022

XM1622B, Victoria

Sold prices and rental history: sold once, by the developer in January 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XM1622B · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 800K26 January 2021
Current rentAED 65K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for XM1622B, Victoria

What is XM1622B worth today?

Last sold for AED 800,000 in 2021

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1 Dec 2023RentedNew contract
AED 65,000/yr12 months · AED 38 per sqft
15 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 32 per sqft
5 Oct 2022RentedNew contract
AED 52,000/yr14 months · AED 31 per sqft
26 Jan 2021Sold by developerOff-plan
AED 800,000AED 471 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed villa
Size
1,697 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 800K · January 2021
Community
Victoria

About XM1622B, Victoria

XM1622B is a three-bedroom villa of 1,697 sqft in Victoria, a villa community in Damac Hills 2 completed in 2022 by DAMAC. The developer sold it on 26 January 2021 for AED 800,000, or AED 471 per sqft, 24% below the AED 616 three-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 December 2023, is AED 65,000 a year: a gross yield of 8.1% on the 2021 price.

Sales and rents for XM1622B over time

Sales
Villa XM1622B, each saleTypical three-bed in Victoria
1M2017202020232026Typical 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, January 2021: AED 800,000 (AED 471 per sqft)

XM1622B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa XM1622B, 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, October 2022: AED 52,000 a yearNew contract, February 2023: AED 55,000 a yearNew contract, December 2023: AED 65,000 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 XM1622B sits

All 321 3-beds →

XM1622B last sold in January 2021 at AED 471 per sqft, 24% below what three-beds in Victoria were fetching at the time (AED 616). 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. XM1622B's AED 65,000 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 →

XM1622B, Victoria in numbers

  • Sold once: by DAMAC on 26 January 2021 for AED 800,000, or AED 471 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 52,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 8.1%.
  • 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 1 December 2023.

Questions about XM1622B, Victoria

What did villa XM1622B last sell for?

AED 800,000 on 26 January 2021, sold by the developer: AED 471 per sqft for 1,697 sqft. It is the only registered sale of the villa.

What is the rent for villa XM1622B?

AED 65,000 a year on the contract signed on 1 December 2023. The previous contract, from February 2023, was AED 55,000; the villa has been rented since October 2022.

How big is villa XM1622B?

1,697 sqft (157.7 sqm): a three-bedroom villa in Victoria, completed in 2022.

What is villa XM1622B 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 XM1622B, Victoria

Starts from the last sale price (AED 800K, 26 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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