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

L097B, Queens Meadow

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L097B · DLD and Ejari recordsUpdated 17 October 2022
Last soldAED 2.99M17 October 2022
Current rentAED 130K /yr24 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L097B, Queens Meadow

What is L097B worth today?

Last sold for AED 2,985,000 in 2022

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17 Oct 2022SoldReady
AED 2,985,000AED 1,127 per sqft
24 Mar 2022RentedRenewal
AED 130,417/yr10 months · AED 49 per sqft
24 Mar 2021RentedRenewal
AED 130,000/yr12 months · AED 49 per sqft
24 Mar 2020RentedNew contract
AED 130,000/yr12 months · AED 49 per sqft
24 Mar 2019RentedNew contract
AED 132,000/yr12 months · AED 50 per sqft
1 Jul 2018RentedNew contract
AED 150,000/yr12 months · AED 57 per sqft
1 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 57 per sqft
29 Jan 2014Sold by developerOff-plan
AED 2,578,000AED 973 per sqft

Source: Dubai Land Department. Updated 17 October 2022.

Key facts

Type
3-bed villa
Size
2,647 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 2.99M · October 2022
Community
Queens Meadow

About L097B, Queens Meadow

L097B 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 17 October 2022 for AED 2,985,000, or AED 1,127 per sqft, 7% above the AED 1,050 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 24 March 2022, is AED 130,417 a year: a gross yield of 4.4% on the 2022 price.

Sales and rents for L097B over time

Sales
Villa L097B, 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, January 2014: AED 2,578,000 (AED 973 per sqft)Sold, October 2022: AED 2,985,000 (AED 1,127 per sqft)

L097B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa L097B, 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 150,000 a yearNew contract, July 2018: AED 150,000 a yearNew contract, March 2019: AED 132,000 a yearNew contract, March 2020: AED 130,000 a yearRenewal, March 2021: AED 130,000 a yearRenewal, March 2022: AED 130,417 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 L097B sits

All 53 3-beds →

L097B last sold in October 2022 at AED 1,127 per sqft, 7% above what three-beds in Queens Meadow were fetching at the time (AED 1,050). 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 →

L097B, Queens Meadow in numbers

  • Sold twice: first on 29 January 2014 for AED 2,578,000, last on 17 October 2022 for AED 2,985,000 (AED 1,127 per sqft).
  • Rented since July 2017 on 6 Ejari contracts, from AED 150,000 to AED 130,417 a year.
  • At AED 130,417 a year the gross yield on the 2022 price is 4.4%.
  • 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 17 October 2022.

Questions about L097B, Queens Meadow

What did villa L097B last sell for?

AED 2,985,000 on 17 October 2022: AED 1,127 per sqft for 2,647 sqft. The villa has 2 registered sales; the first was AED 2,578,000 in January 2014.

What is the rent for villa L097B?

AED 130,417 a year on the contract renewed on 24 March 2022. The previous contract, from March 2021, was AED 130,000; the villa has been rented since July 2017.

How big is villa L097B?

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

What is villa L097B 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 L097B, Queens Meadow

Starts from the last sale price (AED 2.99M, 17 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,985,000
Deposit, UAE resident (20%)
AED 597,000
Deposit, non-resident (40%)
AED 1,194,000
Monthly over 25 years at 3.7%
AED 12,213

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