2-bed · 1,487 sqftJasmine B, Damac Hills · 7th floor · completed 2018

B708, Jasmine B

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B708 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 2M24 June 2014
Current rentAED 75K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B708, Jasmine B

What is B708 worth today?

Last sold for AED 1,995,000 in 2014

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25 Aug 2024RentedRenewal
AED 75,000/yr12 months · AED 50 per sqft
25 Aug 2023RentedRenewal
AED 75,000/yr12 months · AED 50 per sqft
25 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
25 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
24 Jun 2014Sold by developerOff-plan
AED 1,995,000AED 1,341 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
7th of 8
Parking
UP-20
Developer
DAMAC
Completed
2018
Service charge
AED 21,700 /yr
Last sold
AED 2M · June 2014
Building
Jasmine B

About B708, Jasmine B

B708 is a two-bedroom apartment of 1,487 sqft on the 7th floor of Jasmine B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 24 June 2014 for AED 1,995,000, or AED 1,341 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 75,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 21,700 a year.

Sales and rents for B708 over time

Sales
Unit B708, each saleTypical two-bed in Jasmine B
1.5M2M20142017202020232026Typical 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, June 2014: AED 1,995,000 (AED 1,341 per sqft)

B708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B708, 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, August 2021: AED 60,000 a yearNew contract, August 2022: AED 60,000 a yearRenewal, August 2023: AED 75,000 a yearRenewal, August 2024: AED 75,000 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 B708 sits

All 19 2-beds →

B708's AED 75,000 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 7th floor

All 83 units in Jasmine B
Value
B701A1-bedAED 1.28M · Jul 2023
B701BStudioAED 575K · Oct 2015
B702A2-bedAED 1.5M · Mar 2022
B702BStudioAED 553K · Apr 2014
B703StudioAED 595K · Jan 2025
B7042-bedAED 2.24M · Apr 2025
B7051-bedAED 880K · Dec 2022
1–7 of 10

B708, Jasmine B in numbers

  • Sold once: by DAMAC on 24 June 2014 for AED 1,995,000, or AED 1,341 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 60,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 21,700 a year (AED 14.61 per sqft).

Source: Dubai Land Department. Updated 25 August 2024.

Questions about B708, Jasmine B

What did unit B708 last sell for?

AED 1,995,000 on 24 June 2014, sold by the developer: AED 1,341 per sqft for 1,487 sqft. It is the only registered sale of the unit.

What is the rent for unit B708?

AED 75,000 a year on the contract renewed on 25 August 2024. The previous contract, from August 2023, was AED 75,000; the unit has been rented since August 2021.

How big is unit B708?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2018.

What is unit B708 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 B708, Jasmine B

Starts from the last sale price (AED 2M, 24 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,995,000
Deposit, UAE resident (20%)
AED 399,000
Deposit, non-resident (40%)
AED 798,000
Monthly over 25 years at 3.7%
AED 8,162

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