Studio · 524 sqftJasmine B, Damac Hills · 5th floor · completed 2018

B506, Jasmine B

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 B506 · DLD and Ejari recordsUpdated 24 February 2025
Last soldAED 774K3 April 2014
Current rentAED 38K /yr24 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B506, Jasmine B

What is B506 worth today?

Last sold for AED 774,250 in 2014

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24 Feb 2025RentedRenewal
AED 37,500/yr12 months · AED 72 per sqft
24 Feb 2024RentedRenewal
AED 36,750/yr12 months · AED 70 per sqft
24 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 67 per sqft
20 Jan 2021RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
15 Mar 2020RentedNew contract
AED 36,000/yr12 months · AED 68 per sqft
3 Apr 2014Sold by developerOff-plan
AED 774,250AED 1,476 per sqft

Source: Dubai Land Department. Updated 24 February 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
5th of 8
Parking
LP-11
Developer
DAMAC
Completed
2018
Service charge
AED 7,700 /yr
Last sold
AED 774K · April 2014
Building
Jasmine B

About B506, Jasmine B

B506 is a studio of 524 sqft on the 5th floor of Jasmine B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 3 April 2014 for AED 774,250, or AED 1,476 per sqft, in line with the AED 1,500 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 24 February 2025, is AED 37,500 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 7,700 a year.

Sales and rents for B506 over time

Sales
Unit B506, each saleTypical studio in Jasmine B
600K800K20142017202020232026Typical sale price by year: 2014 AED 752,400; 2023 AED 501,500; 2025 AED 602,500Sold by developer, April 2014: AED 774,250 (AED 1,476 per sqft)

B506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B506, each contractTypical studio in Jasmine B
30K40K20192021202320252027Typical rent by year: 2019 AED 33,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,875; 2023 AED 33,600; 2024 AED 36,750; 2025 AED 43,000; 2026 AED 38,432New contract, March 2020: AED 36,000 a yearNew contract, January 2021: AED 26,000 a yearNew contract, February 2023: AED 35,000 a yearRenewal, February 2024: AED 36,750 a yearRenewal, February 2025: AED 37,500 a year

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

Studios in Jasmine B, and where B506 sits

All 25 studios →

B506 last sold in April 2014 at AED 1,476 per sqft, in line with what studios in Jasmine B were fetching at the time (AED 1,500). Over the last 12 months studios sold for AED 515,000 to 640,000, around AED 1,350 per sqft, and rent for AED 34,100 to 50,000 a year. B506's AED 37,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Jan 2026515,000
5 Dec 2025640,000
25 Jul 2025580,000
20 Jan 2025610,000
2 studio 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
B5031-bedAED 935K · Sep 2023
B504StudioAED 755K · Mar 2014
B505StudioAED 752K · Dec 2014
1–7 of 12

B506, Jasmine B in numbers

  • Sold once: by DAMAC on 3 April 2014 for AED 774,250, or AED 1,476 per sqft.
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 26,000 in 2021 and recovered to AED 37,500 by February 2025.
  • At AED 37,500 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 7,700 a year (AED 14.61 per sqft).
  • Studios in Jasmine B sold for AED 515,000–640,000 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 24 February 2025.

Questions about B506, Jasmine B

What did unit B506 last sell for?

AED 774,250 on 3 April 2014, sold by the developer: AED 1,476 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit B506?

AED 37,500 a year on the contract renewed on 24 February 2025. The previous contract, from February 2024, was AED 36,750; the unit has been rented since March 2020.

How big is unit B506?

524 sqft (48.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2018.

What is unit B506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Jasmine B sold for AED 515,000 to 640,000 in the last 12 months, around AED 1,350 per sqft.

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Mortgage on B506, Jasmine B

Starts from the last sale price (AED 774K, 3 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 774,250
Deposit, UAE resident (20%)
AED 154,850
Deposit, non-resident (40%)
AED 309,700
Monthly over 25 years at 3.7%
AED 3,168

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