
L24, Emirates Hills - Sector L
Sold prices and rental history: sold twice, last in December 2020, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L24, Emirates Hills - Sector L
What is L24 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 February 2022.
Key facts
- Type
- 5-bed villa
- Size
- 23,681 sqft
- Service charge
- AED 40,300 /yr
- Last sold
- AED 40.5M · December 2020
- Community
- Emirates Hills - Sector L
About L24, Emirates Hills - Sector L
L24 is a five-bedroom villa of 23,681 sqft in Emirates Hills - Sector L, a villa community in Emirates Hills. It last sold on 8 December 2020 for AED 40,500,000, or AED 1,710 per sqft, 78% below the AED 7,674 five-beds in the community were fetching at the time.
One Ejari contract is registered, from 3 February 2022. The current contract, signed on 3 February 2022, is AED 500,000 a year: a gross yield of 1.2% on the 2020 price, before the service charge of about AED 40,300 a year.
5-beds in Emirates Hills - Sector L, and where L24 sits
All 6 5-beds →L24 last sold in December 2020 at AED 1,710 per sqft, 78% below what five-beds in Emirates Hills - Sector L were fetching at the time (AED 7,674). L24's AED 500,000 is at the bottom of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20235 October 2023 | 25,000 sqft | 95,000,000 | 3,799 | ||
| 8 Nov 20228 November 2022 | 33,038 sqft | 78,000,000 | 2,360 | ||
| 18 Nov 202018 November 2020 | 4,704 sqft | 48,000,000 | 10,204 | ||
| 23 Jan 202023 January 2020 | 4,704 sqft | 36,100,000 | 7,674 |
Emirates Hills - Sector L
Community51 villas, 2-bed to 10-bed in Emirates Hills. 1 sold in the last 12 months.
- Typical price per sqft
- AED 8,571
- Typical sale
- AED 123.63M
- Typical rent
- AED 4.01M /yr
- Typical yield
- 1.4%
L24, Emirates Hills - Sector L in numbers
- Sold twice: first on 1 July 2010 for AED 6,682,000, last on 8 December 2020 for AED 40,500,000 (AED 1,710 per sqft).
- Rented since February 2022 on one Ejari contract, at AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2020 price is 1.2%, before a service charge of about AED 40,300 a year (AED 1.70 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 3 February 2022.
Questions about L24, Emirates Hills - Sector L
What did villa L24 last sell for?
AED 40,500,000 on 8 December 2020: AED 1,710 per sqft for 23,681 sqft. The villa has 2 registered sales; the first was AED 6,682,000 in July 2010.
What is the rent for villa L24?
AED 500,000 a year on the contract signed on 3 February 2022.
How big is villa L24?
23,681 sqft (2200.0 sqm): a five-bedroom villa in Emirates Hills - Sector L.
What is villa L24 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 L24, Emirates Hills - Sector L
Starts from the last sale price (AED 40.5M, 8 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 40,500,000
- Deposit, UAE resident (20%)
- AED 8,100,000
- Deposit, non-resident (40%)
- AED 16,200,000
- Monthly over 25 years at 3.7%
- AED 165,698
Plus AED 1,706,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →