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

L051B, Queens Meadow

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

Villa L051B · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 4.85M9 May 2024
Current rentAED 320K /yr6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L051B, Queens Meadow

What is L051B worth today?

Last sold for AED 4,850,000 in 2024

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9 May 2024SoldReady
AED 4,850,000AED 1,444 per sqft
6 Feb 2023RentedNew contract
AED 320,000/yr12 months · AED 95 per sqft
1 May 2021RentedNew contract
AED 147,000/yr12 months · AED 44 per sqft
1 May 2020RentedRenewal
AED 140,000/yr12 months · AED 42 per sqft
1 May 2019RentedNew contract
AED 160,000/yr12 months · AED 48 per sqft
1 May 2018RentedNew contract
AED 160,000/yr12 months · AED 48 per sqft
4 Jun 2014Sold by developerOff-plan
AED 3,000,000AED 893 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
5-bed villa
Size
3,357 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 4.85M · May 2024
Community
Queens Meadow

About L051B, Queens Meadow

L051B 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 9 May 2024 for AED 4,850,000, or AED 1,444 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 6 February 2023, is AED 320,000 a year: a gross yield of 6.6% on the 2024 price.

Sales and rents for L051B over time

Sales
Villa L051B, 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, June 2014: AED 3,000,000 (AED 893 per sqft)Sold, May 2024: AED 4,850,000 (AED 1,444 per sqft)

L051B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa L051B, 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, May 2018: AED 160,000 a yearNew contract, May 2019: AED 160,000 a yearRenewal, May 2020: AED 140,000 a yearNew contract, May 2021: AED 147,000 a yearNew contract, February 2023: AED 320,000 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 L051B 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 →

L051B, Queens Meadow in numbers

  • Sold twice: first on 4 June 2014 for AED 3,000,000, last on 9 May 2024 for AED 4,850,000 (AED 1,444 per sqft).
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 140,000 in 2020 and recovered to AED 320,000 by February 2023.
  • At AED 320,000 a year the gross yield on the 2024 price is 6.6%.

Source: Dubai Land Department. Updated 9 May 2024.

Questions about L051B, Queens Meadow

What did villa L051B last sell for?

AED 4,850,000 on 9 May 2024: AED 1,444 per sqft for 3,357 sqft. The villa has 2 registered sales; the first was AED 3,000,000 in June 2014.

What is the rent for villa L051B?

AED 320,000 a year on the contract signed on 6 February 2023. The previous contract, from May 2021, was AED 147,000; the villa has been rented since May 2018.

How big is villa L051B?

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

What is villa L051B 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 L051B, Queens Meadow

Starts from the last sale price (AED 4.85M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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