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

A311B, Claret

Sold prices and rental history: sold twice, last in March 2021, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa A311B · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 500K1 March 2021
Current rentAED 125K /yr23 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A311B, Claret

What is A311B worth today?

Last sold for AED 500,000 in 2021

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1 Mar 2021SoldReady
AED 500,000AED 268 per sqft
23 Oct 2019RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
13 Jan 2015Sold by developerOff-plan
AED 1,808,800AED 970 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
3-bed villa
Size
1,863 sqft
Developer
DAMAC
Completed
2019
Last sold
AED 500K · March 2021
Community
Claret

About A311B, Claret

A311B 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 1 March 2021 for AED 500,000, or AED 268 per sqft, 47% below the AED 503 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 23 October 2019. The current contract, signed on 23 October 2019, is AED 125,000 a year: a gross yield of 25.0% on the 2021 price.

Sales and rents for A311B over time

Sales
Villa A311B, each saleTypical three-bed in Claret
1M2M2014201820222026Typical 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, January 2015: AED 1,808,800 (AED 970 per sqft)Sold, March 2021: AED 500,000 (AED 268 per sqft)

A311B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa A311B, each contractTypical three-bed in Claret
50K100K20192021202320252027Typical 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, October 2019: AED 125,000 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 A311B sits

All 149 3-beds →

A311B last sold in March 2021 at AED 268 per sqft, 47% below what three-beds in Claret were fetching at the time (AED 503). 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. A311B's AED 125,000 is in the upper half 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 →

A311B, Claret in numbers

  • Sold twice: first on 13 January 2015 for AED 1,808,800, last on 1 March 2021 for AED 500,000 (AED 268 per sqft).
  • Rented since October 2019 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 25.0%.
  • 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 1 March 2021.

Questions about A311B, Claret

What did villa A311B last sell for?

AED 500,000 on 1 March 2021: AED 268 per sqft for 1,863 sqft. The villa has 2 registered sales; the first was AED 1,808,800 in January 2015.

What is the rent for villa A311B?

AED 125,000 a year on the contract signed on 23 October 2019.

How big is villa A311B?

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

What is villa A311B 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 A311B, Claret

Starts from the last sale price (AED 500K, 1 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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