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1-bed · 885 sqftJasmine A, Damac Hills · 3rd floor · completed 2018

A308, Jasmine A

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A308 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 1.17M3 April 2014
Current rentAED 48K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A308, Jasmine A

What is A308 worth today?

Last sold for AED 1,166,600 in 2014

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1 Apr 2023RentedNew contract
AED 47,500/yr12 months · AED 54 per sqft
1 Apr 2022RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
15 Dec 2020RentedNew contract
AED 42,000/yr12 months · AED 47 per sqft
10 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
3 Apr 2014Sold by developerOff-plan
AED 1,166,600AED 1,318 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
3rd of 8
Parking
LG-2
Developer
DAMAC
Completed
2018
Service charge
AED 12,900 /yr
Last sold
AED 1.17M · April 2014
Building
Jasmine A

About A308, Jasmine A

A308 is a one-bedroom apartment of 885 sqft on the 3rd floor of Jasmine A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 3 April 2014 for AED 1,166,600, or AED 1,318 per sqft, in line with the AED 1,283 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 April 2023, is AED 47,500 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 12,900 a year.

Sales and rents for A308 over time

Sales
Unit A308, each saleTypical one-bed in Jasmine A
750K1M1.25M20142017202020232026Typical sale price by year: 2014 AED 1,152,825; 2019 AED 620,000; 2021 AED 848,750; 2022 AED 925,500; 2023 AED 900,000; 2024 AED 1,075,000; 2025 AED 1,100,000Sold by developer, April 2014: AED 1,166,600 (AED 1,318 per sqft)

A308 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A308, each contractTypical one-bed in Jasmine A
40K60K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 48,000; 2021 AED 46,000; 2022 AED 51,500; 2023 AED 54,600; 2024 AED 60,500; 2025 AED 70,000; 2026 AED 72,500New contract, April 2019: AED 55,000 a yearNew contract, December 2020: AED 42,000 a yearNew contract, April 2022: AED 45,000 a yearNew contract, April 2023: AED 47,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Jasmine A, and where A308 sits

All 36 1-beds →

A308 last sold in April 2014 at AED 1,318 per sqft, in line with what one-beds in Jasmine A were fetching at the time (AED 1,283). Over the last 12 months one-beds sold for AED 1,080,000 to 1,220,000, around AED 1,291 per sqft, and rent for AED 59,895 to 95,000 a year. A308's AED 47,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Mar 20261,220,000
24 Jan 20261,080,000
15 Dec 20251,100,000
20 Jun 20251,100,000
3 1-bed sales in the last 12 months

Jasmine A

Building

84 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2018 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 1,213
Typical sale
AED 1.08M
Typical rent
AED 70K /yr
Typical yield
6.8%
Jasmine A, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Jasmine A
Value
A3012-bedAED 1.29M · Jun 2022
A302A2-bedAED 1.49M · Aug 2022
A302BStudioAED 510K · Nov 2025
A3031-bedAED 850K · Dec 2023
A304StudioAED 600K · Mar 2026
A305StudioAED 731K · Aug 2014
A306StudioAED 420K · Jan 2023
1–7 of 12

A308, Jasmine A in numbers

  • Sold once: by DAMAC on 3 April 2014 for AED 1,166,600, or AED 1,318 per sqft.
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 42,000 in 2020 and recovered to AED 47,500 by April 2023.
  • At AED 47,500 a year the gross yield on the 2014 price is 4.1%, before a service charge of about AED 12,900 a year (AED 14.61 per sqft).
  • One-beds in Jasmine A sold for AED 1,080,000–1,220,000 in the 12 months to November 2026; the building's median across all types is AED 1,213 per sqft.

Source: Dubai Land Department. Updated 1 April 2023.

Questions about A308, Jasmine A

What did unit A308 last sell for?

AED 1,166,600 on 3 April 2014, sold by the developer: AED 1,318 per sqft for 885 sqft. It is the only registered sale of the unit.

What is the rent for unit A308?

AED 47,500 a year on the contract signed on 1 April 2023. The previous contract, from April 2022, was AED 45,000; the unit has been rented since April 2019.

How big is unit A308?

885 sqft (82.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2018.

What is unit A308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Jasmine A sold for AED 1,080,000 to 1,220,000 in the last 12 months, around AED 1,291 per sqft.

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Mortgage on A308, Jasmine A

Starts from the last sale price (AED 1.17M, 3 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,166,600
Deposit, UAE resident (20%)
AED 233,320
Deposit, non-resident (40%)
AED 466,640
Monthly over 25 years at 3.7%
AED 4,773

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →