5-bed · 3,357 sqftQueens Meadow, Damac Hills · completed 2014

L003B, Queens Meadow

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L003B · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 4.8M27 September 2024
Current rentAED 225K /yr6 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L003B, Queens Meadow

What is L003B worth today?

Last sold for AED 4,800,000 in 2024

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27 Sep 2024SoldReady
AED 4,800,000AED 1,429 per sqft
6 Feb 2024RentedRenewal
AED 225,455/yr5 months · AED 67 per sqft
6 Feb 2023RentedNew contract
AED 153,000/yr12 months · AED 46 per sqft
6 Nov 2020RentedNew contract
AED 144,598/yr12 months · AED 43 per sqft
20 Oct 2019RentedNew contract
AED 145,000/yr12 months · AED 43 per sqft
16 Dec 2018RentedNew contract
AED 175,000/yr12 months · AED 52 per sqft
2 Oct 2013Sold by developerOff-plan
AED 3,058,524AED 911 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
5-bed villa
Size
3,357 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 4.8M · September 2024
Community
Queens Meadow

About L003B, Queens Meadow

L003B is a five-bedroom villa of 3,357 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. It last sold on 27 September 2024 for AED 4,800,000, or AED 1,429 per sqft, in line with the AED 1,444 five-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 6 February 2024, is AED 225,455 a year: a gross yield of 4.7% on the 2024 price.

Sales and rents for L003B over time

Sales
Villa L003B, each saleTypical five-bed in Queens Meadow
4M6M2013201720212025Typical sale price by year: 2013 AED 3,339,000; 2014 AED 3,500,000; 2017 AED 3,150,000; 2021 AED 3,279,000; 2022 AED 4,000,000; 2024 AED 4,850,000; 2025 AED 6,700,000Sold by developer, October 2013: AED 3,058,524 (AED 911 per sqft)Sold, September 2024: AED 4,800,000 (AED 1,429 per sqft)

L003B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa L003B, each contractTypical five-bed in Queens Meadow
200K300K2017202020232026Typical rent by year: 2017 AED 172,653; 2018 AED 161,538; 2019 AED 160,000; 2020 AED 150,000; 2021 AED 150,000; 2022 AED 160,000; 2023 AED 300,000; 2024 AED 315,000; 2025 AED 290,000New contract, December 2018: AED 175,000 a yearNew contract, October 2019: AED 145,000 a yearNew contract, November 2020: AED 144,598 a yearNew contract, February 2023: AED 153,000 a yearRenewal, February 2024: AED 225,455 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Queens Meadow, and where L003B sits

All 28 5-beds →

L003B last sold in September 2024 at AED 1,429 per sqft, in line with what five-beds in Queens Meadow were fetching at the time (AED 1,444).

Recent 5-bed salesVilla no.Price (AED)Summary
4 Nov 20256,700,000
19 Aug 20252,725,000
22 May 20257,500,000
12 Nov 20244,700,000
0 5-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 →

L003B, Queens Meadow in numbers

  • Sold twice: first on 2 October 2013 for AED 3,058,524, last on 27 September 2024 for AED 4,800,000 (AED 1,429 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 175,000 to AED 144,598 in 2020 and recovered to AED 225,455 by February 2024.
  • At AED 225,455 a year the gross yield on the 2024 price is 4.7%.

Source: Dubai Land Department. Updated 27 September 2024.

Questions about L003B, Queens Meadow

What did villa L003B last sell for?

AED 4,800,000 on 27 September 2024: AED 1,429 per sqft for 3,357 sqft. The villa has 2 registered sales; the first was AED 3,058,524 in October 2013.

What is the rent for villa L003B?

AED 225,455 a year on the contract renewed on 6 February 2024. The previous contract, from February 2023, was AED 153,000; the villa has been rented since December 2018.

How big is villa L003B?

3,357 sqft (311.9 sqm): a five-bedroom villa in Queens Meadow, completed in 2014.

What is villa L003B 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 L003B, Queens Meadow

Starts from the last sale price (AED 4.8M, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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