5-bed · 3,458 sqftQueens Meadow, Damac Hills · completed 2014

L011B, Queens Meadow

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L011B · DLD and Ejari recordsUpdated 9 June 2024
Last soldAED 3.98M1 May 2017
Current rentAED 315K /yr9 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L011B, Queens Meadow

What is L011B worth today?

Last sold for AED 3,977,000 in 2017

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9 Jun 2024RentedRenewal
AED 315,000/yr12 months · AED 91 per sqft
25 May 2023RentedNew contract
AED 300,000/yr12 months · AED 87 per sqft
28 Jan 2022RentedRenewal
AED 140,000/yr12 months · AED 40 per sqft
28 Jan 2021RentedRenewal
AED 125,000/yr12 months · AED 36 per sqft
28 Jan 2020RentedRenewal
AED 135,000/yr12 months · AED 39 per sqft
28 Jan 2018RentedNew contract
AED 160,000/yr12 months · AED 46 per sqft
1 May 2017Sold by developerReady
AED 3,977,000AED 1,150 per sqft

Source: Dubai Land Department. Updated 9 June 2024.

Key facts

Type
5-bed villa
Size
3,458 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 3.98M · May 2017
Community
Queens Meadow

About L011B, Queens Meadow

L011B is a five-bedroom villa of 3,458 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. The developer sold it on 1 May 2017 for AED 3,977,000, or AED 1,150 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 9 June 2024, is AED 315,000 a year: a gross yield of 7.9% on the 2017 price.

Sales and rents for L011B over time

Sales
Villa L011B, 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, May 2017: AED 3,977,000 (AED 1,150 per sqft)

L011B has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa L011B, each contractTypical five-bed in Queens Meadow
100K200K300K2017202020232026Typical 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, January 2018: AED 160,000 a yearRenewal, January 2020: AED 135,000 a yearRenewal, January 2021: AED 125,000 a yearRenewal, January 2022: AED 140,000 a yearNew contract, May 2023: AED 300,000 a yearRenewal, June 2024: AED 315,000 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 L011B sits

All 28 5-beds →
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 →

L011B, Queens Meadow in numbers

  • Sold once: by DAMAC on 1 May 2017 for AED 3,977,000, or AED 1,150 per sqft.
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 125,000 in 2021 and recovered to AED 315,000 by June 2024.
  • At AED 315,000 a year the gross yield on the 2017 price is 7.9%.

Source: Dubai Land Department. Updated 9 June 2024.

Questions about L011B, Queens Meadow

What did villa L011B last sell for?

AED 3,977,000 on 1 May 2017, sold by the developer: AED 1,150 per sqft for 3,458 sqft. It is the only registered sale of the villa.

What is the rent for villa L011B?

AED 315,000 a year on the contract renewed on 9 June 2024. The previous contract, from May 2023, was AED 300,000; the villa has been rented since January 2018.

How big is villa L011B?

3,458 sqft (321.3 sqm): a five-bedroom villa in Queens Meadow, completed in 2014.

What is villa L011B 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 L011B, Queens Meadow

Starts from the last sale price (AED 3.98M, 1 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,977,000
Deposit, UAE resident (20%)
AED 795,400
Deposit, non-resident (40%)
AED 1,590,800
Monthly over 25 years at 3.7%
AED 16,271

Plus AED 172,044 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →