5-bed · 23,681 sqftEmirates Hills - Sector L, Emirates Hills

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.

Villa L24 · DLD and Ejari recordsUpdated 3 February 2022
Last soldAED 40.5M8 December 2020
Current rentAED 500K /yr3 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L24, Emirates Hills - Sector L

What is L24 worth today?

Last sold for AED 40,500,000 in 2020

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3 Feb 2022RentedNew contract · flagged as an outlier
AED 500,000/yr12 months · AED 21 per sqft
8 Dec 2020SoldReady
AED 40,500,000AED 1,710 per sqft
1 Jul 2010Sold by developerReady
AED 6,682,000AED 282 per sqft

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

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 salesVilla no.Price (AED)Summary
5 Oct 202395,000,000
8 Nov 202278,000,000
18 Nov 202048,000,000
23 Jan 202036,100,000
0 5-bed sales in the last 12 months

Emirates Hills - Sector L

Community

51 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%
Emirates Hills - Sector L, Emirates Hills: prices, sales and rents →

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 →