Studio · 485 sqftJasmine A, Damac Hills · 7th floor · completed 2018

A703, Jasmine A

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

Unit A703 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 631K17 April 2014
Current rentAED 44K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A703, Jasmine A

What is A703 worth today?

Last sold for AED 630,500 in 2014

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1 Dec 2024RentedNew contract
AED 44,000/yr12 months · AED 91 per sqft
10 Jun 2023RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
10 Jun 2022RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
10 Jun 2021RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
3 Mar 2020RentedNew contract
AED 29,000/yr12 months · AED 60 per sqft
17 Apr 2014Sold by developerOff-plan
AED 630,500AED 1,300 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
485 sqft
Floor
7th of 8
Parking
UP-7
Developer
DAMAC
Completed
2018
Service charge
AED 7,100 /yr
Last sold
AED 631K · April 2014
Building
Jasmine A

About A703, Jasmine A

A703 is a studio of 485 sqft on the 7th floor of Jasmine A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 17 April 2014 for AED 630,500, or AED 1,300 per sqft, 9% below the AED 1,428 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 December 2024, is AED 44,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 7,100 a year.

Sales and rents for A703 over time

Sales
Unit A703, each saleTypical studio in Jasmine A
400K600K20142017202020232026Typical sale price by year: 2014 AED 681,200; 2023 AED 420,000; 2025 AED 570,000Sold by developer, April 2014: AED 630,500 (AED 1,300 per sqft)

A703 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A703, each contractTypical studio in Jasmine A
30K40K20192021202320252027Typical rent by year: 2019 AED 33,000; 2020 AED 27,250; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 33,225; 2024 AED 37,900; 2025 AED 43,809; 2026 AED 46,000New contract, March 2020: AED 29,000 a yearNew contract, June 2021: AED 25,000 a yearNew contract, June 2022: AED 28,000 a yearRenewal, June 2023: AED 32,000 a yearNew contract, December 2024: AED 44,000 a year

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

Studios in Jasmine A, and where A703 sits

All 25 studios →

A703 last sold in April 2014 at AED 1,300 per sqft, 9% below what studios in Jasmine A were fetching at the time (AED 1,428). Over the last 12 months studios sold for AED 600,000 to 630,000, around AED 1,133 per sqft, and rent for AED 33,404 to 55,000 a year. A703's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Mar 2026600,000
3 Dec 2025630,000
6 Nov 2025510,000
14 Feb 2025570,000
2 studio 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 7th floor

All 84 units in Jasmine A
Value
A701A1-bedAED 1.43M · Mar 2025
A701BStudioAED 579K · Mar 2014
A702A2-bedAED 1.54M · Nov 2021
A702BStudioAED 425K · Oct 2024
A7042-bedAED 1.44M · Feb 2020
A7051-bedAED 1.27M · Aug 2014
A7061-bedAED 850K · Dec 2017
1–7 of 10

A703, Jasmine A in numbers

  • Sold once: by DAMAC on 17 April 2014 for AED 630,500, or AED 1,300 per sqft.
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 29,000 to AED 25,000 in 2021 and recovered to AED 44,000 by December 2024.
  • At AED 44,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 7,100 a year (AED 14.61 per sqft).
  • Studios in Jasmine A sold for AED 600,000–630,000 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 December 2024.

Questions about A703, Jasmine A

What did unit A703 last sell for?

AED 630,500 on 17 April 2014, sold by the developer: AED 1,300 per sqft for 485 sqft. It is the only registered sale of the unit.

What is the rent for unit A703?

AED 44,000 a year on the contract signed on 1 December 2024. The previous contract, from June 2023, was AED 32,000; the unit has been rented since March 2020.

How big is unit A703?

485 sqft (45.1 sqm): a studio on the 7th floor of a 8-storey tower completed in 2018.

What is unit A703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Jasmine A sold for AED 600,000 to 630,000 in the last 12 months, around AED 1,133 per sqft.

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Mortgage on A703, Jasmine A

Starts from the last sale price (AED 631K, 17 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 630,500
Deposit, UAE resident (20%)
AED 126,100
Deposit, non-resident (40%)
AED 252,200
Monthly over 25 years at 3.7%
AED 2,580

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