3-bed · 2,705 sqftRichmond, Damac Hills · completed 2018

2E002B, Richmond

Sold prices and rental history: sold 3 times, last in December 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 2E002B · DLD and Ejari recordsUpdated 22 December 2020
Last soldAED 2.35M22 December 2020
Current rentAED 140K /yr22 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2E002B, Richmond

What is 2E002B worth today?

Last sold for AED 2,350,000 in 2020

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22 Dec 2020SoldReady
AED 2,350,000AED 868 per sqft
22 Oct 2019RentedNew contract
AED 140,000/yr12 months · AED 52 per sqft
17 Sep 2019SoldReady
AED 2,250,000AED 831 per sqft
20 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 48 per sqft
18 Feb 2014Sold by developerOff-plan
AED 2,964,950AED 1,096 per sqft

Source: Dubai Land Department. Updated 22 December 2020.

Key facts

Type
3-bed villa
Size
2,705 sqft
Developer
Emaar
Completed
2018
Last sold
AED 2.35M · December 2020
Community
Richmond

About 2E002B, Richmond

2E002B is a three-bedroom villa of 2,705 sqft in Richmond, a villa community in Damac Hills completed in 2018 by Emaar. It last sold on 22 December 2020 for AED 2,350,000, or AED 868 per sqft, 14% above the AED 760 three-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 22 October 2019, is AED 140,000 a year: a gross yield of 6.0% on the 2020 price.

Sales and rents for 2E002B over time

Sales
Villa 2E002B, each saleTypical three-bed in Richmond
2M3M4M20142017202020232026Typical sale price by year: 2014 AED 2,247,700; 2015 AED 2,255,000; 2016 AED 2,435,200; 2017 AED 2,493,500; 2018 AED 2,667,000; 2019 AED 2,250,000; 2020 AED 1,771,380; 2021 AED 2,075,000; 2022 AED 2,300,000; 2023 AED 2,625,000; 2024 AED 3,685,000; 2025 AED 3,500,000Sold by developer, February 2014: AED 2,964,950 (AED 1,096 per sqft)Sold, September 2019: AED 2,250,000 (AED 831 per sqft)Sold, December 2020: AED 2,350,000 (AED 868 per sqft)

2E002B has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa 2E002B, each contractTypical three-bed in Richmond
100K150K200K2019202120232025Typical rent by year: 2019 AED 110,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 161,000; 2024 AED 200,000; 2025 AED 202,500New contract, February 2019: AED 130,000 a yearNew contract, October 2019: AED 140,000 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 Richmond, and where 2E002B sits

All 114 3-beds →

2E002B last sold in December 2020 at AED 868 per sqft, 14% above what three-beds in Richmond were fetching at the time (AED 760).

Recent 3-bed salesVilla no.Price (AED)Summary
16 Jul 20253,500,000
2 May 20253,300,000
24 Mar 20253,200,000
14 Mar 20255,850,000
0 3-bed sales in the last 12 months

Richmond

Community

121 villas, 3-bed to 5-bed in Damac Hills, completed in 2018 by Emaar. No sale in the last 12 months.

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

2E002B, Richmond in numbers

  • Sold 3 times: first on 18 February 2014 for AED 2,964,950, last on 22 December 2020 for AED 2,350,000 (AED 868 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 130,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2020 price is 6.0%.

Source: Dubai Land Department. Updated 22 December 2020.

Questions about 2E002B, Richmond

What did villa 2E002B last sell for?

AED 2,350,000 on 22 December 2020: AED 868 per sqft for 2,705 sqft. The villa has 3 registered sales; the first was AED 2,964,950 in February 2014.

What is the rent for villa 2E002B?

AED 140,000 a year on the contract signed on 22 October 2019. The previous contract, from February 2019, was AED 130,000.

How big is villa 2E002B?

2,705 sqft (251.3 sqm): a three-bedroom villa in Richmond, completed in 2018.

What is villa 2E002B 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 2E002B, Richmond

Starts from the last sale price (AED 2.35M, 22 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →