2-bed · 2,002 sqftJasmine A, Damac Hills · 6th floor · completed 2018

A602A, Jasmine A

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A602A · DLD and Ejari recordsUpdated 18 August 2022
Last soldAED 1.66M18 August 2022
Current rentAED 98K /yr9 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A602A, Jasmine A

What is A602A worth today?

Last sold for AED 1,663,060 in 2022

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18 Aug 2022Sold by developerReady
AED 1,663,060AED 830 per sqft
9 Feb 2021RentedNew contract
AED 98,470/yr6 months · AED 49 per sqft
9 Oct 2019RentedNew contract
AED 98,470/yr13 months · AED 49 per sqft

Source: Dubai Land Department. Updated 18 August 2022.

Key facts

Type
2-bed apartment
Size
2,002 sqft
Floor
6th of 8
Parking
LP-20, LP-20A
Developer
DAMAC
Completed
2018
Service charge
AED 29,200 /yr
Last sold
AED 1.66M · August 2022
Building
Jasmine A

About A602A, Jasmine A

A602A is a two-bedroom apartment of 2,002 sqft on the 6th floor of Jasmine A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 18 August 2022 for AED 1,663,060, or AED 830 per sqft, 6% below the AED 881 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 9 February 2021, is AED 98,470 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 29,200 a year.

Sales and rents for A602A over time

Sales
Unit A602A, each saleTypical two-bed in Jasmine A
1.5M1.75M2M2014201720202023Typical sale price by year: 2014 AED 1,963,650; 2021 AED 1,516,500; 2022 AED 1,495,500Sold by developer, August 2022: AED 1,663,060 (AED 830 per sqft)

A602A has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A602A, each contractTypical two-bed in Jasmine A
100K20192021202320252027Typical rent by year: 2019 AED 84,000; 2020 AED 78,000; 2021 AED 80,000; 2022 AED 82,000; 2023 AED 89,500; 2024 AED 107,500; 2025 AED 125,000; 2026 AED 135,000New contract, October 2019: AED 98,470 a yearNew contract, February 2021: AED 98,470 a year

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

2-beds in Jasmine A, and where A602A sits

All 19 2-beds →

A602A last sold in August 2022 at AED 830 per sqft, 6% below what two-beds in Jasmine A were fetching at the time (AED 881). A602A's AED 98,470 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20251,830,000
20 Aug 20243,105,000
23 Jul 20242,350,000
16 Jun 20231,450,000
0 2-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 6th floor

All 84 units in Jasmine A
Value
A601A1-bedAED 1.34M · Nov 2022
A601BStudioAED 784K · Dec 2023
A602BStudioAED 420K · Nov 2023
A603StudioAED 636K · Mar 2014
A6042-bedAED 1M · Nov 2021
A6051-bedAED 1.09M · Apr 2014
A6061-bedAED 855K · Oct 2024
1–7 of 10

A602A, Jasmine A in numbers

  • Sold once: by DAMAC on 18 August 2022 for AED 1,663,060, or AED 830 per sqft.
  • Rented since October 2019 on 2 Ejari contracts, at AED 98,470 a year.
  • At AED 98,470 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 29,200 a year (AED 14.61 per sqft).

Source: Dubai Land Department. Updated 18 August 2022.

Questions about A602A, Jasmine A

What did unit A602A last sell for?

AED 1,663,060 on 18 August 2022, sold by the developer: AED 830 per sqft for 2,002 sqft. It is the only registered sale of the unit.

What is the rent for unit A602A?

AED 98,470 a year on the contract signed on 9 February 2021. The previous contract, from October 2019, was AED 98,470.

How big is unit A602A?

2,002 sqft (186.0 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2018.

What is unit A602A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A602A, Jasmine A

Starts from the last sale price (AED 1.66M, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,663,060
Deposit, UAE resident (20%)
AED 332,612
Deposit, non-resident (40%)
AED 665,224
Monthly over 25 years at 3.7%
AED 6,804

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