1-bed · 885 sqftJasmine B, Damac Hills · 3rd floor · completed 2018

B308, Jasmine B

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B308 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.18M15 April 2018
Current rentAED 57K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B308, Jasmine B

What is B308 worth today?

Last sold for AED 1,175,000 in 2018

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1 Dec 2024RentedRenewal
AED 57,200/yr12 months · AED 65 per sqft
1 Dec 2024RentedRenewal
AED 57,200/yr12 months · AED 65 per sqft
1 Dec 2023RentedRenewal
AED 52,000/yr12 months · AED 59 per sqft
1 Dec 2023RentedRenewal
AED 52,000/yr12 months · AED 59 per sqft
1 Dec 2022RentedRenewal
AED 52,000/yr12 months · AED 59 per sqft
1 Dec 2021RentedRenewal
AED 52,000/yr12 months · AED 59 per sqft
1 Dec 2020RentedNew contract
AED 46,000/yr12 months · AED 52 per sqft
15 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
3rd of 8
Parking
LG-16
Developer
DAMAC
Completed
2018
Service charge
AED 12,900 /yr
Last sold
AED 1.18M · April 2018
Building
Jasmine B

About B308, Jasmine B

B308 is a one-bedroom apartment of 885 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 15 April 2018 for AED 1,175,000, or AED 1,327 per sqft, 10% above the AED 1,203 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 57,200 a year: a gross yield of 4.9% on the 2018 price, before the service charge of about AED 12,900 a year.

Sales and rents for B308 over time

Sales
Unit B308, each saleTypical one-bed in Jasmine B
1M1.2M2014201820222026Typical sale price by year: 2014 AED 1,131,450; 2017 AED 1,051,500; 2018 AED 1,174,000; 2022 AED 882,000; 2023 AED 1,014,300; 2024 AED 947,500; 2026 AED 1,115,000Sold by developer, April 2018: AED 1,175,000 (AED 1,327 per sqft)

B308 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B308, each contractTypical one-bed in Jasmine B
60K80K20192021202320252027Typical rent by year: 2019 AED 53,500; 2020 AED 48,750; 2021 AED 45,877; 2022 AED 50,000; 2023 AED 53,550; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 72,000New contract, November 2019: AED 50,000 a yearNew contract, December 2020: AED 46,000 a yearRenewal, December 2021: AED 52,000 a yearRenewal, December 2022: AED 52,000 a yearRenewal, December 2023: AED 52,000 a yearRenewal, December 2023: AED 52,000 a yearRenewal, December 2024: AED 57,200 a yearRenewal, December 2024: AED 57,200 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 B, and where B308 sits

All 35 1-beds →

B308 last sold in April 2018 at AED 1,327 per sqft, 10% above what one-beds in Jasmine B were fetching at the time (AED 1,203). Over the last 12 months one-beds sold for AED 1,050,000 to 1,250,000, around AED 1,283 per sqft, and rent for AED 59,646 to 80,000 a year. B308's AED 57,200 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 20261,130,000
6 Aug 20261,050,000
1 Jul 20261,178,000
26 Feb 20261,250,000
6 1-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
B3012-bedAED 1.31M · Aug 2022
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
1–7 of 12

B308, Jasmine B in numbers

  • Sold once: by DAMAC on 15 April 2018 for AED 1,175,000, or AED 1,327 per sqft.
  • Rented since November 2019 on 8 Ejari contracts, from AED 50,000 to AED 57,200 a year.
  • At AED 57,200 a year the gross yield on the 2018 price is 4.9%, before a service charge of about AED 12,900 a year (AED 14.61 per sqft).
  • One-beds in Jasmine B sold for AED 1,050,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,283 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about B308, Jasmine B

What did unit B308 last sell for?

AED 1,175,000 on 15 April 2018, sold by the developer: AED 1,327 per sqft for 885 sqft. It is the only registered sale of the unit.

What is the rent for unit B308?

AED 57,200 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 57,200; the unit has been rented since November 2019.

How big is unit B308?

885 sqft (82.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2018.

What is unit B308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Jasmine B sold for AED 1,050,000 to 1,250,000 in the last 12 months, around AED 1,283 per sqft.

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Mortgage on B308, Jasmine B

Starts from the last sale price (AED 1.18M, 15 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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