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

2E040B, Richmond

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 2E040B · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 2.96M19 March 2014
Current rentAED 145K /yr5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2E040B, Richmond

What is 2E040B worth today?

Last sold for AED 2,964,950 in 2014

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5 Mar 2024RentedRenewal
AED 145,000/yr12 months · AED 54 per sqft
5 Mar 2024RentedRenewal
AED 145,000/yr12 months · AED 54 per sqft
5 Mar 2023RentedRenewal
AED 140,000/yr12 months · AED 52 per sqft
5 Mar 2022RentedRenewal
AED 132,500/yr12 months · AED 49 per sqft
1 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 46 per sqft
19 Mar 2014Sold by developerOff-plan
AED 2,964,950AED 1,096 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
3-bed villa
Size
2,705 sqft
Developer
Emaar
Completed
2018
Last sold
AED 2.96M · March 2014
Community
Richmond

About 2E040B, Richmond

2E040B 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 19 March 2014 for AED 2,964,950, or AED 1,096 per sqft, 5% above the AED 1,048 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 5 March 2024, is AED 145,000 a year: a gross yield of 4.9% on the 2014 price.

Sales and rents for 2E040B over time

Sales
Villa 2E040B, 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, March 2014: AED 2,964,950 (AED 1,096 per sqft)

2E040B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa 2E040B, 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, March 2019: AED 125,000 a yearRenewal, March 2022: AED 132,500 a yearRenewal, March 2023: AED 140,000 a yearRenewal, March 2024: AED 145,000 a yearRenewal, March 2024: AED 145,000 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 2E040B sits

All 114 3-beds →

2E040B last sold in March 2014 at AED 1,096 per sqft, 5% above what three-beds in Richmond were fetching at the time (AED 1,048).

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 →

2E040B, Richmond in numbers

  • Sold once: by Emaar on 19 March 2014 for AED 2,964,950, or AED 1,096 per sqft.
  • Rented since March 2019 on 5 Ejari contracts, from AED 125,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2014 price is 4.9%.

Source: Dubai Land Department. Updated 5 March 2024.

Questions about 2E040B, Richmond

What did villa 2E040B last sell for?

AED 2,964,950 on 19 March 2014, sold by the developer: AED 1,096 per sqft for 2,705 sqft. It is the only registered sale of the villa.

What is the rent for villa 2E040B?

AED 145,000 a year on the contract renewed on 5 March 2024. The previous contract, from March 2024, was AED 145,000; the villa has been rented since March 2019.

How big is villa 2E040B?

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

What is villa 2E040B 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 2E040B, Richmond

Starts from the last sale price (AED 2.96M, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,964,950
Deposit, UAE resident (20%)
AED 592,990
Deposit, non-resident (40%)
AED 1,185,980
Monthly over 25 years at 3.7%
AED 12,131

Plus AED 129,538 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →