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

2E048B, Richmond

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

Villa 2E048B · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 2.84M18 February 2014
Current rentAED 260K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2E048B, Richmond

What is 2E048B worth today?

Last sold for AED 2,835,800 in 2014

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1 Dec 2024RentedNew contract
AED 260,000/yr12 months · AED 96 per sqft
8 Mar 2021RentedRenewal
AED 125,000/yr12 months · AED 46 per sqft
22 Feb 2020RentedRenewal
AED 125,000/yr12 months · AED 46 per sqft
22 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 46 per sqft
18 Feb 2014Sold by developerOff-plan
AED 2,835,800AED 1,048 per sqft

Source: Dubai Land Department. Updated 1 December 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 2E048B, Richmond

2E048B 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 2,835,800, 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 2019 on 4 Ejari contracts. The current contract, signed on 1 December 2024, is AED 260,000 a year: a gross yield of 9.2% on the 2014 price.

Sales and rents for 2E048B over time

Sales
Villa 2E048B, 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 2,835,800 (AED 1,048 per sqft)

2E048B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa 2E048B, each contractTypical three-bed in Richmond
100K200K2019202120232025Typical 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 125,000 a yearRenewal, February 2020: AED 125,000 a yearRenewal, March 2021: AED 125,000 a yearNew contract, December 2024: AED 260,000 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 2E048B sits

All 114 3-beds →

2E048B 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 →

2E048B, Richmond in numbers

  • Sold once: by Emaar on 18 February 2014 for AED 2,835,800, or AED 1,048 per sqft.
  • Rented since February 2019 on 4 Ejari contracts, from AED 125,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2014 price is 9.2%.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 2E048B, Richmond

What did villa 2E048B last sell for?

AED 2,835,800 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 2E048B?

AED 260,000 a year on the contract signed on 1 December 2024. The previous contract, from March 2021, was AED 125,000; the villa has been rented since February 2019.

How big is villa 2E048B?

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

What is villa 2E048B 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 2E048B, 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 2,835,800
Deposit, UAE resident (20%)
AED 567,160
Deposit, non-resident (40%)
AED 1,134,320
Monthly over 25 years at 3.7%
AED 11,602

Plus AED 124,114 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →