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3-bed · 2,761 sqftQueens Meadow, Damac Hills · completed 2014

L071B, Queens Meadow

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L071B · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 3.3M27 November 2023
Current rentAED 121K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L071B, Queens Meadow

What is L071B worth today?

Last sold for AED 3,300,000 in 2023

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27 Nov 2023SoldReady
AED 3,300,000AED 1,195 per sqft
5 Oct 2022RentedRenewal
AED 121,275/yr12 months · AED 44 per sqft
5 Oct 2021RentedRenewal
AED 115,500/yr12 months · AED 42 per sqft
5 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 40 per sqft
10 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 47 per sqft
10 Jul 2018RentedRenewal
AED 147,000/yr12 months · AED 53 per sqft
10 Jul 2017RentedNew contract
AED 147,000/yr12 months · AED 53 per sqft
18 Jul 2016SoldOff-plan
AED 2,178,400AED 789 per sqft

Source: Dubai Land Department. Updated 27 November 2023.

Key facts

Type
3-bed villa
Size
2,761 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 3.3M · November 2023
Community
Queens Meadow

About L071B, Queens Meadow

L071B is a three-bedroom villa of 2,761 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. It last sold on 27 November 2023 for AED 3,300,000, or AED 1,195 per sqft, in line with the AED 1,204 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 October 2022, is AED 121,275 a year: a gross yield of 3.7% on the 2023 price.

Sales and rents for L071B over time

Sales
Villa L071B, 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 2,178,400 (AED 789 per sqft)Sold, July 2016: AED 2,178,400 (AED 789 per sqft)Sold, November 2023: AED 3,300,000 (AED 1,195 per sqft)

L071B has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa L071B, 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, July 2017: AED 147,000 a yearRenewal, July 2018: AED 147,000 a yearNew contract, March 2019: AED 130,000 a yearNew contract, October 2020: AED 110,000 a yearRenewal, October 2021: AED 115,500 a yearRenewal, October 2022: AED 121,275 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 L071B sits

All 53 3-beds →

L071B last sold in November 2023 at AED 1,195 per sqft, in line with what three-beds in Queens Meadow were fetching at the time (AED 1,204). 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 →

L071B, Queens Meadow in numbers

  • Sold 3 times: first on 3 October 2013 for AED 2,178,400, last on 27 November 2023 for AED 3,300,000 (AED 1,195 per sqft).
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 147,000 to AED 110,000 in 2020 and recovered to AED 121,275 by October 2022.
  • At AED 121,275 a year the gross yield on the 2023 price is 3.7%.
  • 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 27 November 2023.

Questions about L071B, Queens Meadow

What did villa L071B last sell for?

AED 3,300,000 on 27 November 2023: AED 1,195 per sqft for 2,761 sqft. The villa has 3 registered sales; the first was AED 2,178,400 in October 2013.

What is the rent for villa L071B?

AED 121,275 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 115,500; the villa has been rented since July 2017.

How big is villa L071B?

2,761 sqft (256.5 sqm): a three-bedroom villa in Queens Meadow, completed in 2014.

What is villa L071B 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 L071B, Queens Meadow

Starts from the last sale price (AED 3.3M, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →