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4-bed · 3,200 sqftQueens Meadow, Damac Hills · completed 2014

L017B, Queens Meadow

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L017B · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 5M16 December 2024
Current rentAED 140K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L017B, Queens Meadow

What is L017B worth today?

Last sold for AED 4,999,999 in 2024

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16 Dec 2024SoldReady
AED 4,999,999AED 1,562 per sqft
15 Sep 2022RentedRenewal
AED 140,000/yr12 months · AED 44 per sqft
15 Sep 2021RentedNew contract
AED 140,000/yr12 months · AED 44 per sqft
10 Sep 2020RentedRenewal
AED 132,000/yr12 months · AED 41 per sqft
27 Mar 2019SoldReady
AED 2,000,000AED 625 per sqft
10 Sep 2018RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
15 Jan 2015Sold by developerOff-plan
AED 3,103,800AED 969 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
4-bed villa
Size
3,200 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 5M · December 2024
Community
Queens Meadow

About L017B, Queens Meadow

L017B is a four-bedroom villa of 3,200 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. It last sold on 16 December 2024 for AED 4,999,999, or AED 1,562 per sqft, in line with the AED 1,562 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 140,000 a year: a gross yield of 2.8% on the 2024 price.

Sales and rents for L017B over time

Sales
Villa L017B, each saleTypical four-bed in Queens Meadow
2M4M2013201720212025Typical sale price by year: 2013 AED 3,167,000; 2014 AED 3,436,325; 2015 AED 3,461,148; 2018 AED 2,600,000; 2020 AED 2,150,000; 2022 AED 3,450,000; 2023 AED 3,850,000; 2024 AED 4,999,999; 2025 AED 4,999,000Sold by developer, January 2015: AED 3,103,800 (AED 969 per sqft)Sold, March 2019: AED 2,000,000 (AED 625 per sqft)Sold, December 2024: AED 4,999,999 (AED 1,562 per sqft)

L017B has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa L017B, each contractTypical four-bed in Queens Meadow
200K2017202020232026Typical rent by year: 2017 AED 160,000; 2018 AED 152,748; 2019 AED 150,000; 2020 AED 140,000; 2021 AED 146,000; 2022 AED 164,250; 2023 AED 210,000; 2024 AED 172,863; 2025 AED 270,000New contract, September 2018: AED 145,000 a yearRenewal, September 2020: AED 132,000 a yearNew contract, September 2021: AED 140,000 a yearRenewal, September 2022: AED 140,000 a year

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

4-beds in Queens Meadow, and where L017B sits

All 37 4-beds →

L017B last sold in December 2024 at AED 1,562 per sqft, in line with what four-beds in Queens Meadow were fetching at the time (AED 1,562). Over the last 12 months four-beds sold for AED 5,200,000, around AED 1,625 per sqft.

Recent 4-bed salesVilla no.Price (AED)Summary
3 Feb 20265,200,000
10 Jul 20256,000,000
8 Jul 20253,400,000
28 Apr 20254,999,000
1 4-bed sale 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 →

L017B, Queens Meadow in numbers

  • Sold 3 times: first on 15 January 2015 for AED 3,103,800, last on 16 December 2024 for AED 4,999,999 (AED 1,562 per sqft).
  • Rented since September 2018 on 4 Ejari contracts, from AED 145,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 2.8%.
  • Four-beds in Queens Meadow sold for AED 5,200,000–5,200,000 in the 12 months to November 2026; the community's median across all types is AED 1,863 per sqft.

Source: Dubai Land Department. Updated 16 December 2024.

Questions about L017B, Queens Meadow

What did villa L017B last sell for?

AED 4,999,999 on 16 December 2024: AED 1,562 per sqft for 3,200 sqft. The villa has 3 registered sales; the first was AED 3,103,800 in January 2015.

What is the rent for villa L017B?

AED 140,000 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 140,000; the villa has been rented since September 2018.

How big is villa L017B?

3,200 sqft (297.3 sqm): a four-bedroom villa in Queens Meadow, completed in 2014.

What is villa L017B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Queens Meadow sold for AED 5,200,000 to 5,200,000 in the last 12 months, around AED 1,625 per sqft.

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Mortgage on L017B, Queens Meadow

Starts from the last sale price (AED 5M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,999,999
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →