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

L078B, 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 L078B · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.42M8 January 2014
Current rentAED 230K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L078B, Queens Meadow

What is L078B worth today?

Last sold for AED 2,422,503 in 2014

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1 Jul 2024RentedNew contract
AED 230,000/yr12 months · AED 83 per sqft
11 Sep 2021RentedNew contract
AED 132,500/yr9 months · AED 48 per sqft
11 Sep 2019RentedRenewal
AED 135,000/yr12 months · AED 49 per sqft
11 Aug 2017RentedNew contract
AED 144,923/yr13 months · AED 52 per sqft
8 Jan 2014SoldOff-plan
AED 2,422,503AED 877 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,178,400AED 789 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
3-bed villa
Size
2,761 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 2.42M · January 2014
Community
Queens Meadow

About L078B, Queens Meadow

L078B 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 8 January 2014 for AED 2,422,503, or AED 877 per sqft, 5% above the AED 838 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 July 2024, is AED 230,000 a year: a gross yield of 9.5% on the 2014 price.

Sales and rents for L078B over time

Sales
Villa L078B, 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, January 2014: AED 2,422,503 (AED 877 per sqft)

L078B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa L078B, 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, August 2017: AED 144,923 a yearRenewal, September 2019: AED 135,000 a yearNew contract, September 2021: AED 132,500 a yearNew contract, July 2024: AED 230,000 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 L078B sits

All 53 3-beds →

L078B last sold in January 2014 at AED 877 per sqft, 5% 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 →

L078B, Queens Meadow in numbers

  • Sold twice: first on 3 October 2013 for AED 2,178,400, last on 8 January 2014 for AED 2,422,503 (AED 877 per sqft).
  • Rented since August 2017 on 4 Ejari contracts, from AED 144,923 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2014 price is 9.5%.
  • 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 July 2024.

Questions about L078B, Queens Meadow

What did villa L078B last sell for?

AED 2,422,503 on 8 January 2014: AED 877 per sqft for 2,761 sqft. The villa has 2 registered sales; the first was AED 2,178,400 in October 2013.

What is the rent for villa L078B?

AED 230,000 a year on the contract signed on 1 July 2024. The previous contract, from September 2021, was AED 132,500; the villa has been rented since August 2017.

How big is villa L078B?

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

What is villa L078B 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 L078B, Queens Meadow

Starts from the last sale price (AED 2.42M, 8 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,422,503
Deposit, UAE resident (20%)
AED 484,501
Deposit, non-resident (40%)
AED 969,001
Monthly over 25 years at 3.7%
AED 9,911

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