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Richmond is a completed land development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 118 registered villas. 187 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,226 per sqft. At AED 1,226 per sqft, Richmond prices 23% below the Damac Hills average of AED 1,599 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 2,656 – 6,632 sqft | 118 | 3.46M | 1,226 | ↑0.9% | 211K | 6.1% | |
| Residential | |||||||
3 Bed · Villa 2,656 – 6,632 sqft | 112 | ||||||
4 Bed · Villa 5,052 sqft | 1 | — | — | — | — | — | — |
5 Bed · Villa 4,842 – 6,025 sqft | 5 | — | — | — | — | ||
| Land | |||||||
Land 2,723 – 3,488 sqft | — | — | — | — | — | — | |
| Date | Unit | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 16 Jul 2025 | 3 Bed | 2,724 | 3,500,000 | 1,285 | +49.0% | Standard | Standard Sale |
| 2 May 2025 | 3 Bed | 2,725 | 3,300,000 | 1,211 | +46.9% | Entry Level | Standard Sale |
| 24 Mar 2025 | 3 Bed | 2,723 | 3,200,000 | 1,175 | +33.3% | Entry Level | Standard Sale |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 1 Aug 2026 | 3 Bed | 2,856 | 210,000 | 74 | -12.5% | Standard | new |
| 1 Aug 2026 | 3 Bed | 2,815 | 175,000 | 62 | -9.9% | Entry Level | new |
| 22 Jul 2026 | 3 Bed | 2,715 | 205,000 | 76 | -8.9% | Standard | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Damac Hills
The closest-priced registered projects in Damac Hills.
- PelhamAED 1,226/sqft
- The TurfAED 1,230/sqft
- Golf TerraceAED 1,233/sqft
- Golf PromenadeAED 1,217/sqft
- LoretoAED 1,236/sqft
- Golf VistaAED 1,242/sqft
Common questions about Richmond
Answered from Dubai Land Department registered transactions.
How much does a property in Richmond cost?
Property in Richmond sells at a current PIX© price of AED 1,226 per sqft, or about AED 3,463,288 for a typical unit, based on 187 sales registered with the Dubai Land Department.
Is Richmond completed?
Yes. Richmond is recorded as completed in the Dubai Land Department project register (completed q3 2018).
Who is the developer of Richmond?
Richmond is developed by DAMAC CRESCENT PROPERTIES, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Richmond?
Richmond yields 6.1% gross, calculated from current PIX© rent against current PIX© sale price, across 520 registered Ejari contracts.
How many villas are in Richmond?
Richmond holds 118 registered villas, per the Dubai Land Department unit register.
Have prices in Richmond gone up or down?
Price per sqft has risen +0.9% over the last 12 months, to AED 1,226, across 187 registered sales.