2-bed · 1,456 sqftJasmine B, Damac Hills · 3rd floor · completed 2018

B301, Jasmine B

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 B301 · DLD and Ejari recordsUpdated 17 August 2022
Last soldAED 1.31M17 August 2022
Current rentAED 75K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B301, Jasmine B

What is B301 worth today?

Last sold for AED 1,312,000 in 2022

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17 Aug 2022Sold by developerReady
AED 1,312,000AED 900 per sqft
1 Mar 2021RentedNew contract
AED 75,000/yr13 months · AED 52 per sqft
25 Mar 2019RentedNew contract
AED 84,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 17 August 2022.

Key facts

Type
2-bed apartment
Size
1,456 sqft
Floor
3rd of 8
Parking
LG-7
Developer
DAMAC
Completed
2018
Service charge
AED 21,300 /yr
Last sold
AED 1.31M · August 2022
Building
Jasmine B

About B301, Jasmine B

B301 is a two-bedroom apartment of 1,456 sqft on the 3rd floor of Jasmine B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 17 August 2022 for AED 1,312,000, or AED 900 per sqft, 7% above the AED 840 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 1 March 2021, is AED 75,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 21,300 a year.

Sales and rents for B301 over time

Sales
Unit B301, each saleTypical two-bed in Jasmine B
1.5M2M2019202120232025Typical sale price by year: 2019 AED 1,307,200; 2022 AED 1,497,780; 2024 AED 1,600,000; 2025 AED 2,000,000Sold by developer, August 2022: AED 1,312,000 (AED 900 per sqft)

B301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B301, each contractTypical two-bed in Jasmine B
80K100K120K20192021202320252027Typical rent by year: 2019 AED 93,500; 2020 AED 85,000; 2021 AED 78,500; 2022 AED 83,625; 2023 AED 87,250; 2024 AED 95,975; 2025 AED 107,500; 2026 AED 115,000New contract, March 2019: AED 84,000 a yearNew contract, March 2021: AED 75,000 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 B, and where B301 sits

All 19 2-beds →

B301 last sold in August 2022 at AED 900 per sqft, 7% above what two-beds in Jasmine B were fetching at the time (AED 840). B301's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20252,244,000
21 Apr 20251,800,000
21 Apr 20252,000,000
25 Nov 20242,155,000
0 2-bed sales in the last 12 months

Jasmine B

Building

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

Typical price per sqft
AED 1,283
Typical sale
AED 1.09M
Typical rent
AED 68K /yr
Typical yield
6.3%
Jasmine B, Damac Hills: prices, sales and rents →

Other units on the 3rd floor

All 83 units in Jasmine B
Value
B302A2-bedAED 1.48M · Dec 2022
B302BStudioAED 515K · Jan 2026
B3031-bedAED 1.27M · Aug 2014
B304StudioAED 755K · Apr 2014
B305StudioAED 520K · May 2023
B306StudioAED 773K · Apr 2014
B3071-bedAED 769K · Oct 2023
1–7 of 12

B301, Jasmine B in numbers

  • Sold once: by DAMAC on 17 August 2022 for AED 1,312,000, or AED 900 per sqft.
  • Rented since March 2019 on 2 Ejari contracts, from AED 84,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 21,300 a year (AED 14.61 per sqft).

Source: Dubai Land Department. Updated 17 August 2022.

Questions about B301, Jasmine B

What did unit B301 last sell for?

AED 1,312,000 on 17 August 2022, sold by the developer: AED 900 per sqft for 1,456 sqft. It is the only registered sale of the unit.

What is the rent for unit B301?

AED 75,000 a year on the contract signed on 1 March 2021. The previous contract, from March 2019, was AED 84,000.

How big is unit B301?

1,456 sqft (135.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2018.

What is unit B301 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 B301, Jasmine B

Starts from the last sale price (AED 1.31M, 17 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,312,000
Deposit, UAE resident (20%)
AED 262,400
Deposit, non-resident (40%)
AED 524,800
Monthly over 25 years at 3.7%
AED 5,368

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