1-bed · 830 sqftJasmine B, Damac Hills · 5th floor · completed 2018

B503, Jasmine B

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B503 · DLD and Ejari recordsUpdated 9 September 2023
Last soldAED 935K9 September 2023
Current rentAED 44K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B503, Jasmine B

What is B503 worth today?

Last sold for AED 935,000 in 2023

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9 Sep 2023SoldReady
AED 935,000AED 1,126 per sqft
15 Nov 2022RentedRenewal
AED 44,000/yr12 months · AED 53 per sqft
15 Nov 2021RentedNew contract
AED 44,000/yr12 months · AED 53 per sqft
1 May 2021RentedNew contract
AED 45,877/yr12 months · AED 55 per sqft
1 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
1 Apr 2019RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
16 Feb 2015Sold by developerOff-plan
AED 1,175,150AED 1,415 per sqft

Source: Dubai Land Department. Updated 9 September 2023.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
5th of 8
Parking
LP-8
Developer
DAMAC
Completed
2018
Service charge
AED 12,100 /yr
Last sold
AED 935K · September 2023
Building
Jasmine B

About B503, Jasmine B

B503 is a one-bedroom apartment of 830 sqft on the 5th floor of Jasmine B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 9 September 2023 for AED 935,000, or AED 1,126 per sqft, 9% above the AED 1,035 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 44,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 12,100 a year.

Sales and rents for B503 over time

Sales
Unit B503, 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, February 2015: AED 1,175,150 (AED 1,415 per sqft)Sold, September 2023: AED 935,000 (AED 1,126 per sqft)

B503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B503, each contractTypical one-bed in Jasmine B
40K60K80K20192021202320252027Typical 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, April 2019: AED 55,000 a yearRenewal, April 2020: AED 50,000 a yearNew contract, May 2021: AED 45,877 a yearNew contract, November 2021: AED 44,000 a yearRenewal, November 2022: AED 44,000 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 B503 sits

All 35 1-beds →

B503 last sold in September 2023 at AED 1,126 per sqft, 9% above what one-beds in Jasmine B were fetching at the time (AED 1,035). 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. B503's AED 44,000 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 5th floor

All 83 units in Jasmine B
Value
B501A1-bedAED 1.23M · Jul 2023
B501B1-bedAED 1.09M · Feb 2026
B502A2-bedAED 1.23M · Jul 2022
B502BStudioAED 390K · Jan 2018
B504StudioAED 755K · Mar 2014
B505StudioAED 752K · Dec 2014
B506StudioAED 774K · Apr 2014
1–7 of 12

B503, Jasmine B in numbers

  • Sold twice: first on 16 February 2015 for AED 1,175,150, last on 9 September 2023 for AED 935,000 (AED 1,126 per sqft).
  • Rented since April 2019 on 5 Ejari contracts, from AED 55,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 12,100 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 9 September 2023.

Questions about B503, Jasmine B

What did unit B503 last sell for?

AED 935,000 on 9 September 2023: AED 1,126 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 1,175,150 in February 2015.

What is the rent for unit B503?

AED 44,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 44,000; the unit has been rented since April 2019.

How big is unit B503?

830 sqft (77.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit B503 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 B503, Jasmine B

Starts from the last sale price (AED 935K, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

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