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1-bed · 836 sqftJasmine B, Damac Hills · 5th floor · completed 2018

B507, Jasmine B

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B507 · DLD and Ejari recordsUpdated 16 September 2023
Last soldAED 902K21 January 2016
Current rentAED 50K /yr16 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B507, Jasmine B

What is B507 worth today?

Last sold for AED 902,000 in 2016

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16 Sep 2023RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
16 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
16 Sep 2021RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
1 Jun 2020RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
1 Jun 2019RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
21 Jan 2016Sold by developerOff-plan
AED 902,000AED 1,078 per sqft

Source: Dubai Land Department. Updated 16 September 2023.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
5th of 8
Parking
LP-12
Developer
DAMAC
Completed
2018
Service charge
AED 12,200 /yr
Last sold
AED 902K · January 2016
Building
Jasmine B

About B507, Jasmine B

B507 is a one-bedroom apartment of 836 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 21 January 2016 for AED 902,000, or AED 1,078 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 16 September 2023, is AED 50,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 12,200 a year.

Sales and rents for B507 over time

Sales
Unit B507, 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, January 2016: AED 902,000 (AED 1,078 per sqft)

B507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B507, 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, June 2019: AED 55,000 a yearRenewal, June 2020: AED 55,000 a yearNew contract, September 2021: AED 40,000 a yearRenewal, September 2022: AED 45,000 a yearRenewal, September 2023: AED 50,000 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 B507 sits

All 35 1-beds →

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. B507's AED 50,000 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
B5031-bedAED 935K · Sep 2023
B504StudioAED 755K · Mar 2014
B505StudioAED 752K · Dec 2014
1–7 of 12

B507, Jasmine B in numbers

  • Sold once: by DAMAC on 21 January 2016 for AED 902,000, or AED 1,078 per sqft.
  • Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2021 and recovered to AED 50,000 by September 2023.
  • At AED 50,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 12,200 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 16 September 2023.

Questions about B507, Jasmine B

What did unit B507 last sell for?

AED 902,000 on 21 January 2016, sold by the developer: AED 1,078 per sqft for 836 sqft. It is the only registered sale of the unit.

What is the rent for unit B507?

AED 50,000 a year on the contract renewed on 16 September 2023. The previous contract, from September 2022, was AED 45,000; the unit has been rented since June 2019.

How big is unit B507?

836 sqft (77.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit B507 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 B507, Jasmine B

Starts from the last sale price (AED 902K, 21 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 902,000
Deposit, UAE resident (20%)
AED 180,400
Deposit, non-resident (40%)
AED 360,800
Monthly over 25 years at 3.7%
AED 3,690

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