2-bed · 1,646 sqftJasmine B, Damac Hills · 5th floor · completed 2018

B502A, Jasmine B

Sold prices and rental history: sold twice, last in July 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B502A · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 1.23M1 July 2022
Current rentAED 80K /yr11 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B502A, Jasmine B

What is B502A worth today?

Last sold for AED 1,225,000 in 2022

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1 Jul 2022SoldReady
AED 1,225,000AED 744 per sqft
11 Mar 2022RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
11 Feb 2021RentedNew contract
AED 69,231/yr13 months · AED 42 per sqft
21 May 2019Sold by developerReady
AED 1,382,400AED 839 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
5th of 8
Parking
LP-6
Developer
DAMAC
Completed
2018
Service charge
AED 24,100 /yr
Last sold
AED 1.23M · July 2022
Building
Jasmine B

About B502A, Jasmine B

B502A is a two-bedroom apartment of 1,646 sqft on the 5th floor of Jasmine B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 1 July 2022 for AED 1,225,000, or AED 744 per sqft, in line with the AED 753 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 11 March 2022, is AED 80,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 24,100 a year.

Sales and rents for B502A over time

Sales
Unit B502A, 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, May 2019: AED 1,382,400 (AED 839 per sqft)Sold, July 2022: AED 1,225,000 (AED 744 per sqft)

B502A has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B502A, each contractTypical two-bed in Jasmine B
75K100K20192021202320252027Typical 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, February 2021: AED 69,231 a yearNew contract, March 2022: AED 80,000 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 B502A sits

All 19 2-beds →

B502A last sold in July 2022 at AED 744 per sqft, in line with what two-beds in Jasmine B were fetching at the time (AED 753). B502A's AED 80,000 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 5th floor

All 83 units in Jasmine B
Value
B501A1-bedAED 1.23M · Jul 2023
B501B1-bedAED 1.09M · Feb 2026
B502BStudioAED 390K · Jan 2018
B5031-bedAED 935K · Sep 2023
B504StudioAED 755K · Mar 2014
B505StudioAED 752K · Dec 2014
B506StudioAED 774K · Apr 2014
1–7 of 12

B502A, Jasmine B in numbers

  • Sold twice: first on 21 May 2019 for AED 1,382,400, last on 1 July 2022 for AED 1,225,000 (AED 744 per sqft).
  • Rented since February 2021 on 2 Ejari contracts, from AED 69,231 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 6.5%, before a service charge of about AED 24,100 a year (AED 14.61 per sqft).

Source: Dubai Land Department. Updated 1 July 2022.

Questions about B502A, Jasmine B

What did unit B502A last sell for?

AED 1,225,000 on 1 July 2022: AED 744 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 1,382,400 in May 2019.

What is the rent for unit B502A?

AED 80,000 a year on the contract signed on 11 March 2022. The previous contract, from February 2021, was AED 69,231.

How big is unit B502A?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit B502A 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 B502A, Jasmine B

Starts from the last sale price (AED 1.23M, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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