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4-bed · 3,200 sqftQueens Meadow, Damac Hills · completed 2014

L117B, Queens Meadow

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

Villa L117B · DLD and Ejari recordsUpdated 22 February 2022
Last soldAED 1.58M22 February 2022
Current rentAED 135K /yr25 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L117B, Queens Meadow

What is L117B worth today?

Last sold for AED 1,575,000 in 2022

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22 Feb 2022SoldReady
AED 1,575,000AED 492 per sqft
25 Feb 2021RentedRenewal
AED 135,000/yr12 months · AED 42 per sqft
25 Feb 2020RentedNew contract
AED 135,000/yr12 months · AED 42 per sqft
25 Sep 2017RentedNew contract
AED 156,535/yr13 months · AED 49 per sqft
23 Dec 2013Sold by developerOff-plan
AED 3,167,000AED 989 per sqft

Source: Dubai Land Department. Updated 22 February 2022.

Key facts

Type
4-bed villa
Size
3,200 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 1.58M · February 2022
Community
Queens Meadow

About L117B, Queens Meadow

L117B is a four-bedroom villa of 3,200 sqft in Queens Meadow, a villa community in Damac Hills completed in 2014 by DAMAC. It last sold on 22 February 2022 for AED 1,575,000, or AED 492 per sqft, 48% below the AED 953 four-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 25 February 2021, is AED 135,000 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for L117B over time

Sales
Villa L117B, each saleTypical four-bed in Queens Meadow
2M4M2013201720212025Typical sale price by year: 2013 AED 3,167,000; 2014 AED 3,436,325; 2015 AED 3,461,148; 2018 AED 2,600,000; 2020 AED 2,150,000; 2022 AED 3,450,000; 2023 AED 3,850,000; 2024 AED 4,999,999; 2025 AED 4,999,000Sold by developer, December 2013: AED 3,167,000 (AED 989 per sqft)Sold, February 2022: AED 1,575,000 (AED 492 per sqft)

L117B has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa L117B, each contractTypical four-bed in Queens Meadow
200K2017202020232026Typical rent by year: 2017 AED 160,000; 2018 AED 152,748; 2019 AED 150,000; 2020 AED 140,000; 2021 AED 146,000; 2022 AED 164,250; 2023 AED 210,000; 2024 AED 172,863; 2025 AED 270,000New contract, September 2017: AED 156,535 a yearNew contract, February 2020: AED 135,000 a yearRenewal, February 2021: AED 135,000 a year

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

4-beds in Queens Meadow, and where L117B sits

All 37 4-beds →

L117B last sold in February 2022 at AED 492 per sqft, 48% below what four-beds in Queens Meadow were fetching at the time (AED 953). Over the last 12 months four-beds sold for AED 5,200,000, around AED 1,625 per sqft.

Recent 4-bed salesVilla no.Price (AED)Summary
3 Feb 20265,200,000
10 Jul 20256,000,000
8 Jul 20253,400,000
28 Apr 20254,999,000
1 4-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 →

L117B, Queens Meadow in numbers

  • Sold twice: first on 23 December 2013 for AED 3,167,000, last on 22 February 2022 for AED 1,575,000 (AED 492 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 156,535 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 8.6%.
  • Four-beds in Queens Meadow sold for AED 5,200,000–5,200,000 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 22 February 2022.

Questions about L117B, Queens Meadow

What did villa L117B last sell for?

AED 1,575,000 on 22 February 2022: AED 492 per sqft for 3,200 sqft. The villa has 2 registered sales; the first was AED 3,167,000 in December 2013.

What is the rent for villa L117B?

AED 135,000 a year on the contract renewed on 25 February 2021. The previous contract, from February 2020, was AED 135,000; the villa has been rented since September 2017.

How big is villa L117B?

3,200 sqft (297.3 sqm): a four-bedroom villa in Queens Meadow, completed in 2014.

What is villa L117B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Queens Meadow sold for AED 5,200,000 to 5,200,000 in the last 12 months, around AED 1,625 per sqft.

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Mortgage on L117B, Queens Meadow

Starts from the last sale price (AED 1.58M, 22 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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