1-bed · 887 sqftJasmine A, Damac Hills · 5th floor · completed 2018

A508, Jasmine A

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A508 · DLD and Ejari recordsUpdated 16 September 2023
Last soldAED 1.17M13 March 2014
Current rentAED 52K /yr16 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A508, Jasmine A

What is A508 worth today?

Last sold for AED 1,166,600 in 2014

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16 Sep 2023RentedRenewal
AED 52,000/yr12 months · AED 59 per sqft
16 Sep 2023RentedNew contract
AED 54,600/yr12 months · AED 62 per sqft
16 Sep 2022RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft
10 Nov 2021RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft
1 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
13 Mar 2014Sold by developerOff-plan
AED 1,166,600AED 1,314 per sqft

Source: Dubai Land Department. Updated 16 September 2023.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
5th of 8
Parking
UG-23
Developer
DAMAC
Completed
2018
Service charge
AED 13,000 /yr
Last sold
AED 1.17M · March 2014
Building
Jasmine A

About A508, Jasmine A

A508 is a one-bedroom apartment of 887 sqft on the 5th floor of Jasmine A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 13 March 2014 for AED 1,166,600, or AED 1,314 per sqft, in line with the AED 1,293 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 16 September 2023, is AED 52,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 13,000 a year.

Sales and rents for A508 over time

Sales
Unit A508, 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, March 2014: AED 1,166,600 (AED 1,314 per sqft)

A508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A508, 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, October 2020: AED 45,000 a yearNew contract, November 2021: AED 44,000 a yearNew contract, September 2022: AED 52,000 a yearRenewal, September 2023: AED 52,000 a yearNew contract, September 2023: AED 54,600 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 A508 sits

All 36 1-beds →

A508 last sold in March 2014 at AED 1,314 per sqft, in line with what one-beds in Jasmine A were fetching at the time (AED 1,293). 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. A508's AED 52,000 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 5th floor

All 84 units in Jasmine A
Value
A501A1-bedAED 1.22M · Nov 2024
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
1–7 of 12

A508, Jasmine A in numbers

  • Sold once: by DAMAC on 13 March 2014 for AED 1,166,600, or AED 1,314 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 45,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 13,000 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 16 September 2023.

Questions about A508, Jasmine A

What did unit A508 last sell for?

AED 1,166,600 on 13 March 2014, sold by the developer: AED 1,314 per sqft for 887 sqft. It is the only registered sale of the unit.

What is the rent for unit A508?

AED 52,000 a year on the contract renewed on 16 September 2023. The previous contract, from September 2023, was AED 54,600; the unit has been rented since October 2020.

How big is unit A508?

887 sqft (82.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit A508 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 A508, Jasmine A

Starts from the last sale price (AED 1.17M, 13 March 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 →