3-bed · 2,249 sqftPhoenix, Damac Hills · completed 2019

H224B, Phoenix

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

Villa H224B · DLD and Ejari recordsUpdated 28 July 2022
Last soldAED 2.25M18 July 2022
Current rentAED 135K /yr28 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for H224B, Phoenix

What is H224B worth today?

Last sold for AED 2,250,000 in 2022

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28 Jul 2022RentedNew contract
AED 135,000/yr12 months · AED 60 per sqft
18 Jul 2022Sold by developerReady
AED 2,250,000AED 1,000 per sqft

Source: Dubai Land Department. Updated 28 July 2022.

Key facts

Type
3-bed villa
Size
2,249 sqft
Developer
DAMAC
Completed
2019
Last sold
AED 2.25M · July 2022
Community
Phoenix

About H224B, Phoenix

H224B is a three-bedroom villa of 2,249 sqft in Phoenix, a villa community in Damac Hills completed in 2019 by DAMAC. The developer sold it on 18 July 2022 for AED 2,250,000, or AED 1,000 per sqft, 3% above the AED 968 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 28 July 2022. The current contract, signed on 28 July 2022, is AED 135,000 a year: a gross yield of 6.0% on the 2022 price.

Sales and rents for H224B over time

Sales
Villa H224B, each saleTypical three-bed in Phoenix
2M4M2014201820222026Typical sale price by year: 2014 AED 2,654,600; 2015 AED 2,450,400; 2019 AED 1,425,000; 2021 AED 1,777,500; 2022 AED 2,125,000; 2023 AED 2,900,000; 2024 AED 2,975,000; 2025 AED 3,175,000; 2026 AED 3,650,000Sold by developer, July 2022: AED 2,250,000 (AED 1,000 per sqft)

H224B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa H224B, each contractTypical three-bed in Phoenix
100K150K200K2019202120232025Typical rent by year: 2019 AED 105,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 120,750; 2023 AED 164,375; 2024 AED 190,000; 2025 AED 200,000New contract, July 2022: AED 135,000 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 Phoenix, and where H224B sits

All 48 3-beds →

H224B last sold in July 2022 at AED 1,000 per sqft, 3% above what three-beds in Phoenix were fetching at the time (AED 968). Over the last 12 months three-beds sold for AED 3,600,000 to 3,700,000, around AED 1,756 per sqft.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Jan 20263,650,000
13 Jan 20263,600,000
7 Jan 20263,700,000
15 Dec 20253,700,000
4 3-bed sales in the last 12 months

Phoenix

Community

58 villas, 3-bed to 6-bed in Damac Hills, completed in 2019 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,756
Typical sale
AED 3.68M
Typical rent
Few contracts
Typical yield
Phoenix, Damac Hills: prices, sales and rents →

H224B, Phoenix in numbers

  • Sold once: by DAMAC on 18 July 2022 for AED 2,250,000, or AED 1,000 per sqft.
  • Rented since July 2022 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 6.0%.
  • Three-beds in Phoenix sold for AED 3,600,000–3,700,000 in the 12 months to November 2026; the community's median across all types is AED 1,756 per sqft.

Source: Dubai Land Department. Updated 28 July 2022.

Questions about H224B, Phoenix

What did villa H224B last sell for?

AED 2,250,000 on 18 July 2022, sold by the developer: AED 1,000 per sqft for 2,249 sqft. It is the only registered sale of the villa.

What is the rent for villa H224B?

AED 135,000 a year on the contract signed on 28 July 2022.

How big is villa H224B?

2,249 sqft (208.9 sqm): a three-bedroom villa in Phoenix, completed in 2019.

What is villa H224B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Phoenix sold for AED 3,600,000 to 3,700,000 in the last 12 months, around AED 1,756 per sqft.

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Mortgage on H224B, Phoenix

Starts from the last sale price (AED 2.25M, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →