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

2E003B, Richmond

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 2E003B · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.84M18 February 2014
Current rentAED 255K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2E003B, Richmond

What is 2E003B worth today?

Last sold for AED 2,836,700 in 2014

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1 Nov 2024RentedNew contract
AED 255,000/yr12 months · AED 94 per sqft
1 Jul 2023RentedRenewal
AED 156,000/yr12 months · AED 58 per sqft
1 Jul 2022RentedRenewal
AED 149,000/yr12 months · AED 55 per sqft
31 Dec 2018RentedNew contract
AED 129,651/yr12 months · AED 48 per sqft
18 Feb 2014Sold by developerOff-plan
AED 2,836,700AED 1,048 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
3-bed villa
Size
2,705 sqft
Developer
Emaar
Completed
2018
Last sold
AED 2.84M · February 2014
Community
Richmond

About 2E003B, Richmond

2E003B is a three-bedroom villa of 2,705 sqft in Richmond, a villa community in Damac Hills completed in 2018 by Emaar. The developer sold it on 18 February 2014 for AED 2,836,700, or AED 1,048 per sqft, in line with the AED 1,039 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 255,000 a year: a gross yield of 9.0% on the 2014 price.

Sales and rents for 2E003B over time

Sales
Villa 2E003B, 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 2,836,700 (AED 1,048 per sqft)

2E003B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa 2E003B, each contractTypical three-bed in Richmond
100K200K20182020202220242026Typical 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, December 2018: AED 129,651 a yearRenewal, July 2022: AED 149,000 a yearRenewal, July 2023: AED 156,000 a yearNew contract, November 2024: AED 255,000 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 2E003B sits

All 114 3-beds →

2E003B last sold in February 2014 at AED 1,048 per sqft, in line with what three-beds in Richmond were fetching at the time (AED 1,039).

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 →

2E003B, Richmond in numbers

  • Sold once: by Emaar on 18 February 2014 for AED 2,836,700, or AED 1,048 per sqft.
  • Rented since December 2018 on 4 Ejari contracts, from AED 129,651 to AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2014 price is 9.0%.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 2E003B, Richmond

What did villa 2E003B last sell for?

AED 2,836,700 on 18 February 2014, sold by the developer: AED 1,048 per sqft for 2,705 sqft. It is the only registered sale of the villa.

What is the rent for villa 2E003B?

AED 255,000 a year on the contract signed on 1 November 2024. The previous contract, from July 2023, was AED 156,000; the villa has been rented since December 2018.

How big is villa 2E003B?

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

What is villa 2E003B 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 2E003B, Richmond

Starts from the last sale price (AED 2.84M, 18 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,836,700
Deposit, UAE resident (20%)
AED 567,340
Deposit, non-resident (40%)
AED 1,134,680
Monthly over 25 years at 3.7%
AED 11,606

Plus AED 124,151 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →