Richmond

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Damac Hills
Property type Villa
Data updated Jul 16, 2025

Richmond is a Delivered development by Damac Properties in Damac Hills. 118 units across 3 Bedroom (95%), 5 Bedroom (5%). Over the trailing 12 months, 187 sales at a median of AED 3,400,000.

Limited transaction data available for this project. Community-level metrics shown where project data is insufficient.

Key Metrics
Median Price
Value
AED 3,400,000
Change
7.7% YoY
Transactions
Value
187
Change
2 in period
Price / sqft
Value
AED 1,512
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,400,000
↓ 7.7% YoY
Transactions
187
↑ 2 in period
Price / sqft
AED 1,512
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
28.3%
Holding Period
Value
1.7 yrs
Liquidity
Value
1.7%
Ready Market Mix
Value
0.0%
Rental Activity
Value
39.8%
Capital Return
28.3%
Holding Period
1.7 yrs
Liquidity
1.7%
Ready Market Mix
0.0%
Rental Activity
39.8%

Rental Performance

Rental Volume
Value
506
Avg Annual Rent
Value
AED 151,660
New Leases
Value
57.9%
Renewals
Value
42.1%
Rental Volume
506
Avg Annual Rent
AED 151,660
New Leases
57.9%
Renewals
42.1%

Unit Mix

By bedroom type
3 Bedroom 112 units · 95%
5 Bedroom 6 units · 5%

Transaction Breakdown

All time — 187 transactions
Off-Plan Primary
108
Off-Plan Secondary
10
Ready Primary
10
Ready Secondary
59

Recent Transactions

Showing last 10 of 187
Date Type Price (AED) Size (sqft) AED/sqft
Jul 16, 2025 RP Secondary 3,500,000 2,249 1,556
May 02, 2025 RP Secondary 3,300,000 2,249 1,467
Mar 24, 2025 RP Secondary 3,200,000 2,249 1,422
Mar 14, 2025 RP Secondary 5,850,000 2,704 2,162
Jan 20, 2025 RP Secondary 4,800,000 2,704 1,774
Dec 18, 2024 RP Secondary 4,250,000 2,704 1,571
Nov 20, 2024 RP Secondary 3,100,000 2,249 1,378
Oct 09, 2024 RP Secondary 5,550,000 2,704 2,051
Jul 22, 2024 RP Secondary 3,100,000 2,064 1,501
Jul 16, 2024 RP Secondary 3,200,000 2,064 1,550

This project is in Damac Hills

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