5-bed · 3,357 sqftQueens Meadow, Damac Hills · completed 2014

L115B, Queens Meadow

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

Villa L115B · DLD and Ejari recordsUpdated 5 July 2022
Last soldAED 3.5M5 July 2022
Current rentAED 165K /yr5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L115B, Queens Meadow

What is L115B worth today?

Last sold for AED 3,500,000 in 2022

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5 Jul 2022SoldReady
AED 3,500,000AED 1,042 per sqft
5 Jan 2022RentedRenewal
AED 165,000/yr10 months · AED 49 per sqft
5 Dec 2020RentedRenewal
AED 165,000/yr13 months · AED 49 per sqft
5 Oct 2018RentedRenewal
AED 161,538/yr13 months · AED 48 per sqft
5 Sep 2017RentedNew contract
AED 180,000/yr13 months · AED 54 per sqft
23 Dec 2013Sold by developerOff-plan
AED 3,339,000AED 994 per sqft

Source: Dubai Land Department. Updated 5 July 2022.

Key facts

Type
5-bed villa
Size
3,357 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 3.5M · July 2022
Community
Queens Meadow

About L115B, Queens Meadow

L115B is a five-bedroom villa of 3,357 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. It last sold on 5 July 2022 for AED 3,500,000, or AED 1,042 per sqft, in line with the AED 1,058 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 5 January 2022, is AED 165,000 a year: a gross yield of 4.7% on the 2022 price.

Sales and rents for L115B over time

Sales
Villa L115B, each saleTypical five-bed in Queens Meadow
4M6M2013201720212025Typical sale price by year: 2013 AED 3,339,000; 2014 AED 3,500,000; 2017 AED 3,150,000; 2021 AED 3,279,000; 2022 AED 4,000,000; 2024 AED 4,850,000; 2025 AED 6,700,000Sold by developer, December 2013: AED 3,339,000 (AED 994 per sqft)Sold, July 2022: AED 3,500,000 (AED 1,042 per sqft)

L115B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa L115B, each contractTypical five-bed in Queens Meadow
200K300K2017202020232026Typical rent by year: 2017 AED 172,653; 2018 AED 161,538; 2019 AED 160,000; 2020 AED 150,000; 2021 AED 150,000; 2022 AED 160,000; 2023 AED 300,000; 2024 AED 315,000; 2025 AED 290,000New contract, September 2017: AED 180,000 a yearRenewal, October 2018: AED 161,538 a yearRenewal, December 2020: AED 165,000 a yearRenewal, January 2022: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Queens Meadow, and where L115B sits

All 28 5-beds →

L115B last sold in July 2022 at AED 1,042 per sqft, in line with what five-beds in Queens Meadow were fetching at the time (AED 1,058).

Recent 5-bed salesVilla no.Price (AED)Summary
4 Nov 20256,700,000
19 Aug 20252,725,000
22 May 20257,500,000
12 Nov 20244,700,000
0 5-bed sales 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 →

L115B, Queens Meadow in numbers

  • Sold twice: first on 23 December 2013 for AED 3,339,000, last on 5 July 2022 for AED 3,500,000 (AED 1,042 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 180,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 4.7%.

Source: Dubai Land Department. Updated 5 July 2022.

Questions about L115B, Queens Meadow

What did villa L115B last sell for?

AED 3,500,000 on 5 July 2022: AED 1,042 per sqft for 3,357 sqft. The villa has 2 registered sales; the first was AED 3,339,000 in December 2013.

What is the rent for villa L115B?

AED 165,000 a year on the contract renewed on 5 January 2022. The previous contract, from December 2020, was AED 165,000; the villa has been rented since September 2017.

How big is villa L115B?

3,357 sqft (311.9 sqm): a five-bedroom villa in Queens Meadow, completed in 2014.

What is villa L115B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on L115B, Queens Meadow

Starts from the last sale price (AED 3.5M, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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