3-bed · 1,671 sqftVictoria, Damac Hills 2 · completed 2022

XM1656B, Victoria

Sold prices and rental history: sold twice, last in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa XM1656B · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 750K23 May 2022
Current rentAED 66K /yr7 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for XM1656B, Victoria

What is XM1656B worth today?

Last sold for AED 750,000 in 2022

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7 Jun 2024RentedRenewal
AED 66,000/yr12 months · AED 39 per sqft
7 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 36 per sqft
15 Jun 2022RentedNew contract
AED 43,000/yr12 months · AED 26 per sqft
23 May 2022SoldReady
AED 750,000AED 448 per sqft
25 Sep 2017Sold by developerOff-plan
AED 1,000,000AED 598 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
3-bed villa
Size
1,671 sqft
Developer
DAMAC
Completed
2022
Last sold
AED 750K · May 2022
Community
Victoria

About XM1656B, Victoria

XM1656B is a three-bedroom villa of 1,671 sqft in Victoria, a villa community in Damac Hills 2 completed in 2022 by DAMAC. It last sold on 23 May 2022 for AED 750,000, or AED 448 per sqft, 20% below the AED 558 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 7 June 2024, is AED 66,000 a year: a gross yield of 8.8% on the 2022 price.

Sales and rents for XM1656B over time

Sales
Villa XM1656B, 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, September 2017: AED 1,000,000 (AED 598 per sqft)Sold, May 2022: AED 750,000 (AED 448 per sqft)

XM1656B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa XM1656B, 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, June 2022: AED 43,000 a yearNew contract, June 2023: AED 60,000 a yearRenewal, June 2024: AED 66,000 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 XM1656B sits

All 321 3-beds →

XM1656B last sold in May 2022 at AED 448 per sqft, 20% below what three-beds in Victoria were fetching at the time (AED 558). 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. XM1656B's AED 66,000 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 →

XM1656B, Victoria in numbers

  • Sold twice: first on 25 September 2017 for AED 1,000,000, last on 23 May 2022 for AED 750,000 (AED 448 per sqft).
  • Rented since June 2022 on 3 Ejari contracts, from AED 43,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2022 price is 8.8%.
  • 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 7 June 2024.

Questions about XM1656B, Victoria

What did villa XM1656B last sell for?

AED 750,000 on 23 May 2022: AED 448 per sqft for 1,671 sqft. The villa has 2 registered sales; the first was AED 1,000,000 in September 2017.

What is the rent for villa XM1656B?

AED 66,000 a year on the contract renewed on 7 June 2024. The previous contract, from June 2023, was AED 60,000; the villa has been rented since June 2022.

How big is villa XM1656B?

1,671 sqft (155.2 sqm): a three-bedroom villa in Victoria, completed in 2022.

What is villa XM1656B 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 XM1656B, Victoria

Starts from the last sale price (AED 750K, 23 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →