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

L070B, Queens Meadow

Sold prices and rental history: sold twice, last in January 2014, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L070B · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 2.58M23 January 2014
Current rentAED 140K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L070B, Queens Meadow

What is L070B worth today?

Last sold for AED 2,578,000 in 2014

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1 Aug 2023RentedRenewal
AED 140,000/yr12 months · AED 53 per sqft
1 Aug 2021RentedNew contract
AED 120,000/yr12 months · AED 45 per sqft
1 Aug 2018RentedRenewal
AED 150,000/yr12 months · AED 57 per sqft
23 Jan 2014SoldOff-plan
AED 2,578,000AED 973 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,062,400AED 779 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
3-bed villa
Size
2,647 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 2.58M · January 2014
Community
Queens Meadow

About L070B, Queens Meadow

L070B 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 23 January 2014 for AED 2,578,000, or AED 973 per sqft, 16% above the AED 838 three-beds in the community were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 140,000 a year: a gross yield of 5.4% on the 2014 price.

Sales and rents for L070B over time

Sales
Villa L070B, 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 2,062,400 (AED 779 per sqft)Sold, January 2014: AED 2,578,000 (AED 973 per sqft)

L070B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa L070B, 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 235,000Renewal, August 2018: AED 150,000 a yearNew contract, August 2021: AED 120,000 a yearRenewal, August 2023: AED 140,000 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 L070B sits

All 53 3-beds →

L070B last sold in January 2014 at AED 973 per sqft, 16% above what three-beds in Queens Meadow were fetching at the time (AED 838). 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 →

L070B, Queens Meadow in numbers

  • Sold twice: first on 3 October 2013 for AED 2,062,400, last on 23 January 2014 for AED 2,578,000 (AED 973 per sqft).
  • Rented since August 2018 on 3 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2021 and recovered to AED 140,000 by August 2023.
  • At AED 140,000 a year the gross yield on the 2014 price is 5.4%.
  • 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 1 August 2023.

Questions about L070B, Queens Meadow

What did villa L070B last sell for?

AED 2,578,000 on 23 January 2014: AED 973 per sqft for 2,647 sqft. The villa has 2 registered sales; the first was AED 2,062,400 in October 2013.

What is the rent for villa L070B?

AED 140,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2021, was AED 120,000; the villa has been rented since August 2018.

How big is villa L070B?

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

What is villa L070B 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 L070B, Queens Meadow

Starts from the last sale price (AED 2.58M, 23 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,578,000
Deposit, UAE resident (20%)
AED 515,600
Deposit, non-resident (40%)
AED 1,031,200
Monthly over 25 years at 3.7%
AED 10,547

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