3-bed · 2,064 sqftCalero, Damac Hills · completed 2019

2K048B, Calero

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 2K048B · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 2.63M22 September 2015
Current rentAED 210K /yr13 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2K048B, Calero

What is 2K048B worth today?

Last sold for AED 2,631,600 in 2015

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13 Feb 2024RentedNew contract
AED 210,000/yr12 months · AED 102 per sqft
8 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 58 per sqft
8 Oct 2021RentedRenewal
AED 113,000/yr12 months · AED 55 per sqft
8 Oct 2020RentedNew contract
AED 105,000/yr12 months · AED 51 per sqft
5 Oct 2019RentedNew contract
AED 110,000/yr12 months · AED 53 per sqft
22 Sep 2015Sold by developerOff-plan
AED 2,631,600AED 1,274 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
3-bed villa
Size
2,064 sqft
Developer
DAMAC
Completed
2019
Last sold
AED 2.63M · September 2015
Community
Calero

About 2K048B, Calero

2K048B is a three-bedroom villa of 2,064 sqft in Calero, a villa community in Damac Hills completed in 2019 by DAMAC. The developer sold it on 22 September 2015 for AED 2,631,600, or AED 1,274 per sqft, in line with the AED 1,313 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 13 February 2024, is AED 210,000 a year: a gross yield of 8.0% on the 2015 price.

Sales and rents for 2K048B over time

Sales
Villa 2K048B, each saleTypical three-bed in Calero
2.5M3M3.5M2015201820212024Typical sale price by year: 2015 AED 2,711,800; 2025 AED 3,430,000Sold by developer, September 2015: AED 2,631,600 (AED 1,274 per sqft)

2K048B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa 2K048B, each contractTypical three-bed in Calero
100K150K200K2019202120232025Typical rent by year: 2019 AED 105,000; 2020 AED 102,500; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 117,750; 2024 AED 205,000New contract, October 2019: AED 110,000 a yearNew contract, October 2020: AED 105,000 a yearRenewal, October 2021: AED 113,000 a yearNew contract, October 2022: AED 120,000 a yearNew contract, February 2024: AED 210,000 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 Calero, and where 2K048B sits

All 15 3-beds →

2K048B last sold in September 2015 at AED 1,274 per sqft, in line with what three-beds in Calero were fetching at the time (AED 1,313).

Recent 3-bed salesVilla no.Price (AED)Summary
7 Nov 20253,430,000
14 Oct 20253,500,000
9 Apr 20253,250,000
27 Mar 20253,700,000
0 3-bed sales in the last 12 months

Calero

Community

18 villas, 3-bed to 5-bed in Damac Hills, completed in 2019 by DAMAC. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Calero, Damac Hills: prices, sales and rents →

2K048B, Calero in numbers

  • Sold once: by DAMAC on 22 September 2015 for AED 2,631,600, or AED 1,274 per sqft.
  • Rented since October 2019 on 5 Ejari contracts, from AED 110,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2015 price is 8.0%.

Source: Dubai Land Department. Updated 13 February 2024.

Questions about 2K048B, Calero

What did villa 2K048B last sell for?

AED 2,631,600 on 22 September 2015, sold by the developer: AED 1,274 per sqft for 2,064 sqft. It is the only registered sale of the villa.

What is the rent for villa 2K048B?

AED 210,000 a year on the contract signed on 13 February 2024. The previous contract, from October 2022, was AED 120,000; the villa has been rented since October 2019.

How big is villa 2K048B?

2,064 sqft (191.8 sqm): a three-bedroom villa in Calero, completed in 2019.

What is villa 2K048B 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 2K048B, Calero

Starts from the last sale price (AED 2.63M, 22 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,631,600
Deposit, UAE resident (20%)
AED 526,320
Deposit, non-resident (40%)
AED 1,052,640
Monthly over 25 years at 3.7%
AED 10,767

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