3-bed · 2,647 sqftQueens Meadow, Damac Hills · completed 2014

L057B, Queens Meadow

Sold prices and rental history: sold twice, last in September 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L057B · DLD and Ejari recordsUpdated 24 September 2020
Last soldAED 1.85M24 September 2020
Current rentAED 134K /yr16 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L057B, Queens Meadow

What is L057B worth today?

Last sold for AED 1,850,000 in 2020

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24 Sep 2020SoldReady
AED 1,850,000AED 698 per sqft
16 Jun 2019RentedNew contract
AED 134,000/yr12 months · AED 51 per sqft
15 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 57 per sqft
15 Jun 2017RentedNew contract
AED 150,000/yr12 months · AED 57 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,320,200AED 876 per sqft

Source: Dubai Land Department. Updated 24 September 2020.

Key facts

Type
3-bed villa
Size
2,647 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 1.85M · September 2020
Community
Queens Meadow

About L057B, Queens Meadow

L057B is a three-bedroom villa of 2,647 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. It last sold on 24 September 2020 for AED 1,850,000, or AED 698 per sqft, in line with the AED 698 three-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 16 June 2019, is AED 134,000 a year: a gross yield of 7.2% on the 2020 price.

Sales and rents for L057B over time

Sales
Villa L057B, each saleTypical three-bed in Queens Meadow
2M4M2013201720212025Typical sale price by year: 2013 AED 2,314,550; 2014 AED 2,642,450; 2015 AED 2,532,600; 2016 AED 2,178,400; 2017 AED 2,600,000; 2020 AED 1,850,000; 2021 AED 2,402,500; 2022 AED 2,900,000; 2023 AED 3,325,000; 2024 AED 4,150,000; 2025 AED 4,900,000Sold by developer, October 2013: AED 2,320,200 (AED 876 per sqft)Sold, September 2020: AED 1,850,000 (AED 698 per sqft)

L057B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa L057B, each contractTypical three-bed in Queens Meadow
100K200K2017202020232026Typical rent by year: 2017 AED 146,000; 2018 AED 144,000; 2019 AED 130,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 132,500; 2023 AED 177,750; 2024 AED 200,000; 2025 AED 235,000New contract, June 2017: AED 150,000 a yearRenewal, June 2018: AED 150,000 a yearNew contract, June 2019: AED 134,000 a year

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

3-beds in Queens Meadow, and where L057B sits

All 53 3-beds →

L057B last sold in September 2020 at AED 698 per sqft, in line with what three-beds in Queens Meadow were fetching at the time (AED 698). Over the last 12 months three-beds sold for AED 5,800,000, around AED 2,100 per sqft.

Recent 3-bed salesVilla no.Price (AED)Summary
10 Feb 20265,800,000
14 Aug 20254,900,000
11 Aug 20256,050,000
20 Mar 20254,450,000
1 3-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 →

L057B, Queens Meadow in numbers

  • Sold twice: first on 3 October 2013 for AED 2,320,200, last on 24 September 2020 for AED 1,850,000 (AED 698 per sqft).
  • Rented since June 2017 on 3 Ejari contracts, from AED 150,000 to AED 134,000 a year.
  • At AED 134,000 a year the gross yield on the 2020 price is 7.2%.
  • Three-beds in Queens Meadow sold for AED 5,800,000–5,800,000 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 24 September 2020.

Questions about L057B, Queens Meadow

What did villa L057B last sell for?

AED 1,850,000 on 24 September 2020: AED 698 per sqft for 2,647 sqft. The villa has 2 registered sales; the first was AED 2,320,200 in October 2013.

What is the rent for villa L057B?

AED 134,000 a year on the contract signed on 16 June 2019. The previous contract, from June 2018, was AED 150,000; the villa has been rented since June 2017.

How big is villa L057B?

2,647 sqft (245.9 sqm): a three-bedroom villa in Queens Meadow, completed in 2014.

What is villa L057B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Queens Meadow sold for AED 5,800,000 to 5,800,000 in the last 12 months, around AED 2,100 per sqft.

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Mortgage on L057B, Queens Meadow

Starts from the last sale price (AED 1.85M, 24 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →