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

L063B, Queens Meadow

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L063B · DLD and Ejari recordsUpdated 22 January 2021
Last soldAED 2.64M30 January 2014
Current rentAED 110K /yr22 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L063B, Queens Meadow

What is L063B worth today?

Last sold for AED 2,640,000 in 2014

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22 Jan 2021RentedRenewal
AED 110,000/yr12 months · AED 42 per sqft
22 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 42 per sqft
25 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 53 per sqft
21 Sep 2017RentedNew contract
AED 152,000/yr12 months · AED 57 per sqft
30 Jan 2014SoldOff-plan
AED 2,640,000AED 997 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,082,400AED 786 per sqft

Source: Dubai Land Department. Updated 22 January 2021.

Key facts

Type
3-bed villa
Size
2,647 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 2.64M · January 2014
Community
Queens Meadow

About L063B, Queens Meadow

L063B 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 30 January 2014 for AED 2,640,000, or AED 997 per sqft, 14% above the AED 877 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 22 January 2021, is AED 110,000 a year: a gross yield of 4.2% on the 2014 price.

Sales and rents for L063B over time

Sales
Villa L063B, 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 2,082,400 (AED 786 per sqft)Sold, January 2014: AED 2,640,000 (AED 997 per sqft)

L063B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa L063B, 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, September 2017: AED 152,000 a yearNew contract, October 2018: AED 140,000 a yearNew contract, January 2020: AED 110,000 a yearRenewal, January 2021: AED 110,000 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 L063B sits

All 53 3-beds →

L063B last sold in January 2014 at AED 997 per sqft, 14% above what three-beds in Queens Meadow were fetching at the time (AED 877). 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 →

L063B, Queens Meadow in numbers

  • Sold twice: first on 3 October 2013 for AED 2,082,400, last on 30 January 2014 for AED 2,640,000 (AED 997 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 152,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2014 price is 4.2%.
  • 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 22 January 2021.

Questions about L063B, Queens Meadow

What did villa L063B last sell for?

AED 2,640,000 on 30 January 2014: AED 997 per sqft for 2,647 sqft. The villa has 2 registered sales; the first was AED 2,082,400 in October 2013.

What is the rent for villa L063B?

AED 110,000 a year on the contract renewed on 22 January 2021. The previous contract, from January 2020, was AED 110,000; the villa has been rented since September 2017.

How big is villa L063B?

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

What is villa L063B 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 L063B, Queens Meadow

Starts from the last sale price (AED 2.64M, 30 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,640,000
Deposit, UAE resident (20%)
AED 528,000
Deposit, non-resident (40%)
AED 1,056,000
Monthly over 25 years at 3.7%
AED 10,801

Plus AED 115,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →