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

L050B, Queens Meadow

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L050B · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 4M8 December 2023
Current rentAED 147K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L050B, Queens Meadow

What is L050B worth today?

Last sold for AED 4,000,000 in 2023

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8 Dec 2023SoldReady
AED 4,000,000AED 1,250 per sqft
1 Mar 2023RentedRenewal
AED 146,633/yr12 months · AED 46 per sqft
1 Mar 2022RentedRenewal
AED 139,650/yr12 months · AED 44 per sqft
1 Mar 2021RentedRenewal
AED 133,000/yr12 months · AED 42 per sqft
1 Mar 2019RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
29 Jan 2014Sold by developerOff-plan
AED 3,547,299AED 1,108 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
4-bed villa
Size
3,200 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 4M · December 2023
Community
Queens Meadow

About L050B, Queens Meadow

L050B 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 8 December 2023 for AED 4,000,000, or AED 1,250 per sqft, 4% above the AED 1,203 four-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 146,633 a year: a gross yield of 3.7% on the 2023 price.

Sales and rents for L050B over time

Sales
Villa L050B, 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 2014: AED 3,547,299 (AED 1,108 per sqft)Sold, December 2023: AED 4,000,000 (AED 1,250 per sqft)

L050B has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa L050B, 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, March 2019: AED 145,000 a yearRenewal, March 2021: AED 133,000 a yearRenewal, March 2022: AED 139,650 a yearRenewal, March 2023: AED 146,633 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 L050B sits

All 37 4-beds →

L050B last sold in December 2023 at AED 1,250 per sqft, 4% above what four-beds in Queens Meadow were fetching at the time (AED 1,203). 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 →

L050B, Queens Meadow in numbers

  • Sold twice: first on 29 January 2014 for AED 3,547,299, last on 8 December 2023 for AED 4,000,000 (AED 1,250 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, from AED 145,000 to AED 146,633 a year.
  • At AED 146,633 a year the gross yield on the 2023 price is 3.7%.
  • 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 8 December 2023.

Questions about L050B, Queens Meadow

What did villa L050B last sell for?

AED 4,000,000 on 8 December 2023: AED 1,250 per sqft for 3,200 sqft. The villa has 2 registered sales; the first was AED 3,547,299 in January 2014.

What is the rent for villa L050B?

AED 146,633 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 139,650; the villa has been rented since March 2019.

How big is villa L050B?

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

What is villa L050B 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 L050B, Queens Meadow

Starts from the last sale price (AED 4M, 8 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →