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1-bed · 1,246 sqftJasmine A, Damac Hills · 5th floor · completed 2018

A501A, Jasmine A

Sold prices and rental history: sold twice, last in November 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A501A · DLD and Ejari recordsUpdated 26 November 2024
Last soldAED 1.22M26 November 2024
Current rentAED 60K /yr7 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A501A, Jasmine A

What is A501A worth today?

Last sold for AED 1,220,000 in 2024

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26 Nov 2024SoldReady
AED 1,220,000AED 979 per sqft
7 May 2024Sold by developerReady
AED 1,319,000AED 1,058 per sqft
7 Mar 2020RentedRenewal
AED 60,000/yr12 months · AED 48 per sqft
7 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 26 November 2024.

Key facts

Type
1-bed apartment
Size
1,246 sqft
Floor
5th of 8
Parking
LG-24A
Developer
DAMAC
Completed
2018
Service charge
AED 18,200 /yr
Last sold
AED 1.22M · November 2024
Building
Jasmine A

About A501A, Jasmine A

A501A is a one-bedroom apartment of 1,246 sqft on the 5th floor of Jasmine A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 26 November 2024 for AED 1,220,000, or AED 979 per sqft, 5% below the AED 1,029 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 7 March 2020, is AED 60,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 18,200 a year.

Sales and rents for A501A over time

Sales
Unit A501A, each saleTypical one-bed in Jasmine A
500K1M20142017202020232026Typical 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, May 2024: AED 1,319,000 (AED 1,058 per sqft)Sold, November 2024: AED 1,220,000 (AED 979 per sqft)

A501A has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A501A, each contractTypical one-bed in Jasmine A
60K20192021202320252027Typical 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, March 2019: AED 60,000 a yearRenewal, March 2020: AED 60,000 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 A501A sits

All 36 1-beds →

A501A last sold in November 2024 at AED 979 per sqft, 5% below what one-beds in Jasmine A were fetching at the time (AED 1,029). 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. A501A's AED 60,000 is in the lower half 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 5th floor

All 84 units in Jasmine A
Value
A501B1-bedAED 966K · Mar 2025
A502A2-bedAED 1.49M · Jul 2021
A502BStudioAED 538K · Jan 2017
A5031-bedAED 1.22M · Mar 2026
A504StudioAED 570K · Jan 2025
A505StudioAED 525K · Jun 2024
A506StudioAED 719K · Mar 2014
1–7 of 12

A501A, Jasmine A in numbers

  • Sold twice: first on 7 May 2024 for AED 1,319,000, last on 26 November 2024 for AED 1,220,000 (AED 979 per sqft).
  • Rented since March 2019 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 18,200 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 26 November 2024.

Questions about A501A, Jasmine A

What did unit A501A last sell for?

AED 1,220,000 on 26 November 2024: AED 979 per sqft for 1,246 sqft. The unit has 2 registered sales; the first was AED 1,319,000 in May 2024.

What is the rent for unit A501A?

AED 60,000 a year on the contract renewed on 7 March 2020. The previous contract, from March 2019, was AED 60,000.

How big is unit A501A?

1,246 sqft (115.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit A501A 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 A501A, Jasmine A

Starts from the last sale price (AED 1.22M, 26 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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