3-bed · 2,064 sqftRichmond, Damac Hills · completed 2018

2E111B, 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 2E111B · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 2.25M19 March 2014
Current rentAED 200K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2E111B, Richmond

What is 2E111B worth today?

Last sold for AED 2,247,700 in 2014

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1 Oct 2024RentedNew contract
AED 200,000/yr12 months · AED 97 per sqft
10 Jul 2023RentedNew contract
AED 180,000/yr12 months · AED 87 per sqft
30 Jun 2022RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft
15 Aug 2021RentedRenewal
AED 100,000/yr12 months · AED 48 per sqft
15 Aug 2019RentedNew contract
AED 105,000/yr12 months · AED 51 per sqft
19 Mar 2014Sold by developerOff-plan
AED 2,247,700AED 1,088 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
3-bed villa
Size
2,064 sqft
Developer
Emaar
Completed
2018
Last sold
AED 2.25M · March 2014
Community
Richmond

About 2E111B, Richmond

2E111B is a three-bedroom villa of 2,064 sqft in Richmond, a villa community in Damac Hills completed in 2018 by Emaar. The developer sold it on 19 March 2014 for AED 2,247,700, or AED 1,088 per sqft, 4% 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, signed on 1 October 2024, is AED 200,000 a year: a gross yield of 8.9% on the 2014 price.

Sales and rents for 2E111B over time

Sales
Villa 2E111B, 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 2,247,700 (AED 1,088 per sqft)

2E111B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa 2E111B, 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, August 2019: AED 105,000 a yearRenewal, August 2021: AED 100,000 a yearNew contract, June 2022: AED 140,000 a yearNew contract, July 2023: AED 180,000 a yearNew contract, October 2024: AED 200,000 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 2E111B sits

All 114 3-beds →

2E111B last sold in March 2014 at AED 1,088 per sqft, 4% 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 →

2E111B, Richmond in numbers

  • Sold once: by Emaar on 19 March 2014 for AED 2,247,700, or AED 1,088 per sqft.
  • Rented since August 2019 on 5 Ejari contracts, from AED 105,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2014 price is 8.9%.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 2E111B, Richmond

What did villa 2E111B last sell for?

AED 2,247,700 on 19 March 2014, sold by the developer: AED 1,088 per sqft for 2,064 sqft. It is the only registered sale of the villa.

What is the rent for villa 2E111B?

AED 200,000 a year on the contract signed on 1 October 2024. The previous contract, from July 2023, was AED 180,000; the villa has been rented since August 2019.

How big is villa 2E111B?

2,064 sqft (191.8 sqm): a three-bedroom villa in Richmond, completed in 2018.

What is villa 2E111B 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 2E111B, Richmond

Starts from the last sale price (AED 2.25M, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,247,700
Deposit, UAE resident (20%)
AED 449,540
Deposit, non-resident (40%)
AED 899,080
Monthly over 25 years at 3.7%
AED 9,196

Plus AED 99,413 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →