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

2E056B, Richmond

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 2E056B · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 3.23M23 February 2023
Current rentAED 145K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2E056B, Richmond

What is 2E056B worth today?

Last sold for AED 3,225,000 in 2023

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5 Sep 2023RentedNew contract
AED 145,207/yr6 months · AED 54 per sqft
23 Feb 2023SoldReady
AED 3,225,000AED 1,192 per sqft
5 Sep 2022RentedRenewal
AED 145,000/yr12 months · AED 54 per sqft
5 Sep 2021RentedNew contract
AED 145,000/yr12 months · AED 54 per sqft
8 Feb 2021RentedRenewal
AED 125,000/yr12 months · AED 46 per sqft
8 Feb 2020RentedNew contract
AED 125,000/yr12 months · AED 46 per sqft
15 Jan 2019RentedNew contract
AED 135,000/yr12 months · AED 50 per sqft
18 Feb 2014Sold by developerOff-plan
AED 2,836,700AED 1,048 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
3-bed villa
Size
2,705 sqft
Developer
Emaar
Completed
2018
Last sold
AED 3.23M · February 2023
Community
Richmond

About 2E056B, Richmond

2E056B 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 23 February 2023 for AED 3,225,000, or AED 1,192 per sqft, 9% above the AED 1,089 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 5 September 2023, is AED 145,207 a year: a gross yield of 4.5% on the 2023 price.

Sales and rents for 2E056B over time

Sales
Villa 2E056B, 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)Sold, February 2023: AED 3,225,000 (AED 1,192 per sqft)

2E056B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa 2E056B, 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, January 2019: AED 135,000 a yearNew contract, February 2020: AED 125,000 a yearRenewal, February 2021: AED 125,000 a yearNew contract, September 2021: AED 145,000 a yearRenewal, September 2022: AED 145,000 a yearNew contract, September 2023: AED 145,207 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 2E056B sits

All 114 3-beds →

2E056B last sold in February 2023 at AED 1,192 per sqft, 9% above what three-beds in Richmond were fetching at the time (AED 1,089).

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 →

2E056B, Richmond in numbers

  • Sold twice: first on 18 February 2014 for AED 2,836,700, last on 23 February 2023 for AED 3,225,000 (AED 1,192 per sqft).
  • Rented since January 2019 on 6 Ejari contracts, from AED 135,000 to AED 145,207 a year.
  • At AED 145,207 a year the gross yield on the 2023 price is 4.5%.

Source: Dubai Land Department. Updated 5 September 2023.

Questions about 2E056B, Richmond

What did villa 2E056B last sell for?

AED 3,225,000 on 23 February 2023: AED 1,192 per sqft for 2,705 sqft. The villa has 2 registered sales; the first was AED 2,836,700 in February 2014.

What is the rent for villa 2E056B?

AED 145,207 a year on the contract signed on 5 September 2023. The previous contract, from September 2022, was AED 145,000; the villa has been rented since January 2019.

How big is villa 2E056B?

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

What is villa 2E056B 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 2E056B, Richmond

Starts from the last sale price (AED 3.23M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,225,000
Deposit, UAE resident (20%)
AED 645,000
Deposit, non-resident (40%)
AED 1,290,000
Monthly over 25 years at 3.7%
AED 13,194

Plus AED 140,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →