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

L073B, Queens Meadow

Sold prices and rental history: sold 3 times, last in August 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L073B · DLD and Ejari recordsUpdated 23 August 2021
Last soldAED 2.48M23 August 2021
Current rentAED 120K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L073B, Queens Meadow

What is L073B worth today?

Last sold for AED 2,480,000 in 2021

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23 Aug 2021SoldReady
AED 2,480,000AED 898 per sqft
1 Jul 2020RentedRenewal
AED 120,000/yr12 months · AED 43 per sqft
1 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 47 per sqft
1 Jul 2017RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
6 Jan 2014SoldOff-plan
AED 2,564,550AED 928 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,314,550AED 838 per sqft

Source: Dubai Land Department. Updated 23 August 2021.

Key facts

Type
3-bed villa
Size
2,761 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 2.48M · August 2021
Community
Queens Meadow

About L073B, Queens Meadow

L073B 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 23 August 2021 for AED 2,480,000, or AED 898 per sqft, 29% above 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, renewed on 1 July 2020, is AED 120,000 a year: a gross yield of 4.8% on the 2021 price.

Sales and rents for L073B over time

Sales
Villa L073B, 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 2,314,550 (AED 838 per sqft)Sold, January 2014: AED 2,564,550 (AED 928 per sqft)Sold, August 2021: AED 2,480,000 (AED 898 per sqft)

L073B has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa L073B, 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 145,000 a yearNew contract, July 2019: AED 130,000 a yearRenewal, July 2020: AED 120,000 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 L073B sits

All 53 3-beds →

L073B last sold in August 2021 at AED 898 per sqft, 29% above 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 →

L073B, Queens Meadow in numbers

  • Sold 3 times: first on 3 October 2013 for AED 2,314,550, last on 23 August 2021 for AED 2,480,000 (AED 898 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 145,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 4.8%.
  • 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 23 August 2021.

Questions about L073B, Queens Meadow

What did villa L073B last sell for?

AED 2,480,000 on 23 August 2021: AED 898 per sqft for 2,761 sqft. The villa has 3 registered sales; the first was AED 2,314,550 in October 2013.

What is the rent for villa L073B?

AED 120,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 130,000; the villa has been rented since July 2017.

How big is villa L073B?

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

What is villa L073B 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 L073B, Queens Meadow

Starts from the last sale price (AED 2.48M, 23 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,480,000
Deposit, UAE resident (20%)
AED 496,000
Deposit, non-resident (40%)
AED 992,000
Monthly over 25 years at 3.7%
AED 10,146

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