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

L118B, Queens Meadow

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa L118B · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 3.85M21 August 2023
Current rentAED 140K /yr16 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L118B, Queens Meadow

What is L118B worth today?

Last sold for AED 3,850,000 in 2023

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21 Aug 2023SoldReady
AED 3,850,000AED 1,203 per sqft
16 Jan 2022RentedRenewal
AED 139,999/yr10 months · AED 44 per sqft
16 Jan 2021RentedRenewal
AED 140,000/yr12 months · AED 44 per sqft
16 Dec 2019RentedNew contract
AED 160,000/yr13 months · AED 50 per sqft
16 Nov 2018RentedRenewal
AED 170,000/yr12 months · AED 53 per sqft
15 Oct 2017RentedNew contract
AED 156,522/yr13 months · AED 49 per sqft
23 Dec 2013Sold by developerOff-plan
AED 3,167,000AED 989 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
4-bed villa
Size
3,200 sqft
Developer
DAMAC
Completed
2014
Last sold
AED 3.85M · August 2023
Community
Queens Meadow

About L118B, Queens Meadow

L118B 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 21 August 2023 for AED 3,850,000, or AED 1,203 per sqft, in line with the AED 1,203 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 16 January 2022, is AED 139,999 a year: a gross yield of 3.6% on the 2023 price.

Sales and rents for L118B over time

Sales
Villa L118B, 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, August 2023: AED 3,850,000 (AED 1,203 per sqft)

L118B has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa L118B, 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, October 2017: AED 156,522 a yearRenewal, November 2018: AED 170,000 a yearNew contract, December 2019: AED 160,000 a yearRenewal, January 2021: AED 140,000 a yearRenewal, January 2022: AED 139,999 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 L118B sits

All 37 4-beds →

L118B last sold in August 2023 at AED 1,203 per sqft, in line with what four-beds in Queens Meadow were fetching at the time (AED 1,203). 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 →

L118B, Queens Meadow in numbers

  • Sold twice: first on 23 December 2013 for AED 3,167,000, last on 21 August 2023 for AED 3,850,000 (AED 1,203 per sqft).
  • Rented since October 2017 on 5 Ejari contracts, from AED 156,522 to AED 139,999 a year.
  • At AED 139,999 a year the gross yield on the 2023 price is 3.6%.
  • 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 21 August 2023.

Questions about L118B, Queens Meadow

What did villa L118B last sell for?

AED 3,850,000 on 21 August 2023: AED 1,203 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 L118B?

AED 139,999 a year on the contract renewed on 16 January 2022. The previous contract, from January 2021, was AED 140,000; the villa has been rented since October 2017.

How big is villa L118B?

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

What is villa L118B 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 L118B, Queens Meadow

Starts from the last sale price (AED 3.85M, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

Plus AED 166,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →