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3-bed · 1,863 sqftClaret, Damac Hills 2 · completed 2019

A242B, Claret

Sold prices and rental history: sold twice, last in September 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa A242B · DLD and Ejari recordsUpdated 13 September 2022
Last soldAED 1.4M13 September 2022
Current rentAED 65K /yr7 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A242B, Claret

What is A242B worth today?

Last sold for AED 1,400,000 in 2022

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13 Sep 2022SoldReady
AED 1,400,000AED 751 per sqft
7 Sep 2021RentedRenewal
AED 65,000/yr12 months · AED 35 per sqft
7 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 35 per sqft
16 Oct 2019Sold by developerOff-plan
AED 1,758,000AED 943 per sqft

Source: Dubai Land Department. Updated 13 September 2022.

Key facts

Type
3-bed villa
Size
1,863 sqft
Developer
DAMAC
Completed
2019
Last sold
AED 1.4M · September 2022
Community
Claret

About A242B, Claret

A242B is a three-bedroom villa of 1,863 sqft in Claret, a villa community in Damac Hills 2 completed in 2019 by DAMAC. It last sold on 13 September 2022 for AED 1,400,000, or AED 751 per sqft, in line with the AED 745 three-beds in the community were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 7 September 2021, is AED 65,000 a year: a gross yield of 4.6% on the 2022 price.

Sales and rents for A242B over time

Sales
Villa A242B, each saleTypical three-bed in Claret
1M1.5M2M2014201820222026Typical sale price by year: 2014 AED 1,649,200; 2015 AED 1,784,575; 2019 AED 1,582,200; 2020 AED 1,140,000; 2021 AED 1,318,000; 2022 AED 1,291,640; 2023 AED 1,265,000; 2024 AED 1,600,000; 2025 AED 1,642,500; 2026 AED 2,050,000Sold by developer, October 2019: AED 1,758,000 (AED 943 per sqft)Sold, September 2022: AED 1,400,000 (AED 751 per sqft)

A242B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa A242B, each contractTypical three-bed in Claret
75K100K20192021202320252027Typical rent by year: 2019 AED 73,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 62,500; 2023 AED 68,850; 2024 AED 95,000; 2025 AED 105,000; 2026 AED 110,000New contract, September 2020: AED 65,000 a yearRenewal, September 2021: AED 65,000 a year

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

3-beds in Claret, and where A242B sits

All 149 3-beds →

A242B last sold in September 2022 at AED 751 per sqft, in line with what three-beds in Claret were fetching at the time (AED 745). Over the last 12 months three-beds sold for AED 1,635,000 to 2,200,000, around AED 1,038 per sqft, and rent for AED 72,000 to 150,000 a year. A242B's AED 65,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20262,200,000
28 Jan 20261,725,000
22 Jan 20262,050,000
14 Jan 20262,050,000
6 3-bed sales in the last 12 months

Claret

Community

314 villas, 3-bed to 6-bed in Damac Hills 2, completed in 2019 by DAMAC. 10 sold in the last 12 months.

Typical price per sqft
AED 1,068 Up 11.1%
Typical sale
AED 2.13M
Typical rent
AED 120K /yr
Typical yield
5.5%
Claret, Damac Hills 2: prices, sales and rents →

A242B, Claret in numbers

  • Sold twice: first on 16 October 2019 for AED 1,758,000, last on 13 September 2022 for AED 1,400,000 (AED 751 per sqft).
  • Rented since September 2020 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 4.6%.
  • Three-beds in Claret sold for AED 1,635,000–2,200,000 in the 12 months to November 2026; the community's median across all types is AED 1,068 per sqft.

Source: Dubai Land Department. Updated 13 September 2022.

Questions about A242B, Claret

What did villa A242B last sell for?

AED 1,400,000 on 13 September 2022: AED 751 per sqft for 1,863 sqft. The villa has 2 registered sales; the first was AED 1,758,000 in October 2019.

What is the rent for villa A242B?

AED 65,000 a year on the contract renewed on 7 September 2021. The previous contract, from September 2020, was AED 65,000.

How big is villa A242B?

1,863 sqft (173.1 sqm): a three-bedroom villa in Claret, completed in 2019.

What is villa A242B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Claret sold for AED 1,635,000 to 2,200,000 in the last 12 months, around AED 1,038 per sqft.

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Mortgage on A242B, Claret

Starts from the last sale price (AED 1.4M, 13 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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