Dubai project data

DAMAC HILLS - RICHMOND: rents and rent contracts

دماك هيلز - ريتشموند

Registered sales and rent contracts for the project DAMAC HILLS - RICHMOND in Al Hebiah Third, from Dubai Land Department open data.

DAMAC HILLS - RICHMOND (Al Hebiah Third): 52 registered rent contracts in the 12 months to September 2026, median annual rent AED 205,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Median sale price
under 3 sales
Gross rental yield
under 3 sales
Units in the register
no units in the DLD register

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in DAMAC HILLS - RICHMOND

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Readyunder 3under 3under 3

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in DAMAC HILLS - RICHMOND

Median annual rent
AED 205,000
Middle range of registered annual rents: AED 189,000 – AED 227,500
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in DAMAC HILLS - RICHMOND

Unit typeSalesMedian per sq ftMedian annual rentGross yield
3 bedroomsunder 3under 3AED 205,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in DAMAC HILLS - RICHMOND

MonthSalesMedian per sq ftRent contracts
Oct 2024under 3under 33
Nov 2024under 3under 34
Dec 2024under 3under 33
Jan 2025under 3under 37
Mar 2025under 3under 34
Apr 2025under 3under 35
May 2025under 3under 34
Jun 2025under 3under 33
Jul 2025under 3under 310
Aug 2025under 3under 34
Sep 2025under 3under 34
Oct 2025under 3under 35
Jan 2026under 3under 39
Feb 2026under 3under 34
Mar 2026under 3under 34
Apr 2026under 3under 33
May 2026under 3under 36
Jun 2026under 3under 33
Jul 2026under 3under 35
Aug 2026under 3under 36
Sep 2026under 3under 34
Sales per calendar year
YearSalesMedian per sq ft
2014106AED 796 per sq ft
20153AED 808 per sq ft
20164AED 706 per sq ft
20174AED 814 per sq ft
20183AED 980 per sq ft
20195AED 603 per sq ft
202014AED 575 per sq ft
20219AED 760 per sq ft
20227AED 789 per sq ft
202316AED 899 per sq ft
202411AED 1,094 per sq ft
20255AED 1,285 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

DAMAC HILLS - RICHMOND is a project in the DLD area Al Hebiah Third.

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Al Hebiah Third

Questions about DAMAC HILLS - RICHMOND

What is the median annual rent in DAMAC HILLS - RICHMOND?
The median annual rent of registered rent contracts in DAMAC HILLS - RICHMOND was AED 205,000 in Oct 2025 – Sep 2026.
Which DLD area is DAMAC HILLS - RICHMOND in?
DAMAC HILLS - RICHMOND is registered in the Dubai Land Department area Al Hebiah Third.

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae