6-bed · 5,258 sqftQueens Meadow, Damac Hills · completed 2014

L001B, Queens Meadow

Sold prices and rental history: sold twice, last in April 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L001B · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 8.55M17 April 2023
Current rentAED 450K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L001B, Queens Meadow

What is L001B worth today?

Last sold for AED 8,550,000 in 2023

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15 Nov 2024RentedNew contract
AED 450,000/yr12 months · AED 86 per sqft
5 Jul 2023RentedNew contract
AED 650,000/yr12 months · AED 124 per sqft
17 Apr 2023SoldReady
AED 8,550,000AED 1,626 per sqft
3 Mar 2020RentedNew contract
AED 190,000/yr12 months · AED 36 per sqft
27 Feb 2020Sold by developerReady
AED 5,509,800AED 1,047 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type
6-bed villa
Size
5,258 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 8.55M · April 2023
Community
Queens Meadow

About L001B, Queens Meadow

L001B is a six-bedroom villa of 5,258 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. It last sold on 17 April 2023 for AED 8,550,000, or AED 1,626 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 November 2024, is AED 450,000 a year: a gross yield of 5.3% on the 2023 price.

Sales and rents for L001B over time

Sales
Villa L001B, each saleTypical six-bed in Queens Meadow
5M10M15M2015201820212024Typical sale price by year: 2015 AED 14,000,000; 2023 AED 12,800,000Sold by developer, February 2020: AED 5,509,800 (AED 1,047 per sqft)Sold, April 2023: AED 8,550,000 (AED 1,626 per sqft)

L001B has sold twice; the dashed line is the six-bed median of each year in the community.

6-beds in Queens Meadow, and where L001B sits

All 8 6-beds →
Recent 6-bed salesVilla no.Price (AED)Summary
4 Jun 202517,000,000
4 Mar 20259,400,000
28 Nov 202415,500,000
10 Jul 202312,800,000
0 6-bed sales in the last 12 months

Queens Meadow

Community

126 villas, 3-bed to 6-bed in Damac Hills, completed in 2014 by DAMAC. 2 sold in the last 12 months.

Typical price per sqft
AED 1,863
Typical sale
AED 5.5M
Typical rent
Few contracts
Typical yield
Queens Meadow, Damac Hills: prices, sales and rents →

L001B, Queens Meadow in numbers

  • Sold twice: first on 27 February 2020 for AED 5,509,800, last on 17 April 2023 for AED 8,550,000 (AED 1,626 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, from AED 190,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2023 price is 5.3%.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Questions about L001B, Queens Meadow

What did villa L001B last sell for?

AED 8,550,000 on 17 April 2023: AED 1,626 per sqft for 5,258 sqft. The villa has 2 registered sales; the first was AED 5,509,800 in February 2020.

What is the rent for villa L001B?

AED 450,000 a year on the contract signed on 15 November 2024. The previous contract, from July 2023, was AED 650,000; the villa has been rented since March 2020.

How big is villa L001B?

5,258 sqft (488.5 sqm): a six-bedroom villa in Queens Meadow, completed in 2014.

What is villa L001B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on L001B, Queens Meadow

Starts from the last sale price (AED 8.55M, 17 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,550,000
Deposit, UAE resident (20%)
AED 1,710,000
Deposit, non-resident (40%)
AED 3,420,000
Monthly over 25 years at 3.7%
AED 34,981

Plus AED 364,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →