1-bed · 1,246 sqftOrchid A, Damac Hills · 5th floor · completed 2018

A501A, Orchid A

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A501A · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 1.19M10 January 2023
Current rentAED 55K /yr15 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A501A, Orchid A

What is A501A worth today?

Last sold for AED 1,192,660 in 2023

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10 Jan 2023Sold by developerReady
AED 1,192,660AED 957 per sqft
15 Mar 2021RentedRenewal
AED 55,000/yr14 months · AED 44 per sqft
15 Mar 2020RentedRenewal
AED 58,000/yr12 months · AED 47 per sqft
15 Mar 2019RentedNew contract
AED 58,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
1-bed apartment
Size
1,246 sqft
Floor
5th of 8
Parking
UG-9
Developer
DAMAC
Completed
2018
Service charge
AED 18,300 /yr
Last sold
AED 1.19M · January 2023
Building
Orchid A

About A501A, Orchid A

A501A is a one-bedroom apartment of 1,246 sqft on the 5th floor of Orchid A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 10 January 2023 for AED 1,192,660, or AED 957 per sqft, 8% above the AED 883 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 March 2021, is AED 55,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 18,300 a year.

Sales and rents for A501A over time

Sales
Unit A501A, each saleTypical one-bed in Orchid A
800K1M1.2M2014201720202023Typical sale price by year: 2014 AED 1,125,275; 2019 AED 852,550; 2023 AED 1,012,760Sold by developer, January 2023: AED 1,192,660 (AED 957 per sqft)

A501A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A501A, each contractTypical one-bed in Orchid A
60K80K20192021202320252027Typical rent by year: 2019 AED 54,000; 2020 AED 52,000; 2021 AED 47,000; 2022 AED 52,000; 2023 AED 65,000; 2024 AED 68,400; 2025 AED 75,000; 2026 AED 75,000New contract, March 2019: AED 58,000 a yearRenewal, March 2020: AED 58,000 a yearRenewal, March 2021: AED 55,000 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 Orchid A, and where A501A sits

All 36 1-beds →

A501A last sold in January 2023 at AED 957 per sqft, 8% above what one-beds in Orchid A were fetching at the time (AED 883). Over the last 12 months one-beds sold for AED 1,185,000, around AED 1,277 per sqft, and rent for AED 35,000 to 92,000 a year. A501A's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jun 20261,185,000
27 May 20251,200,000
27 Feb 2025825,000
25 Sep 2023760,000
1 1-bed sale in the last 12 months

Orchid A

Building

84 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2018 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,300
Typical sale
AED 1.72M
Typical rent
AED 70K /yr
Typical yield
6.5%
Orchid A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 84 units in Orchid A
Value
A501B1-bedAED 861K · Apr 2016
A502A2-bedAED 2.15M · Aug 2024
A502BStudioAED 750K · Mar 2025
A5031-bedAED 1.04M · Apr 2014
A504StudioAED 610K · Oct 2023
A505StudioAED 693K · Jun 2017
A506StudioAED 774K · Jun 2014
1–7 of 12

A501A, Orchid A in numbers

  • Sold once: by DAMAC on 10 January 2023 for AED 1,192,660, or AED 957 per sqft.
  • Rented since March 2019 on 3 Ejari contracts, from AED 58,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 18,300 a year (AED 14.68 per sqft).
  • One-beds in Orchid A sold for AED 1,185,000–1,185,000 in the 12 months to November 2026; the building's median across all types is AED 1,300 per sqft.

Source: Dubai Land Department. Updated 10 January 2023.

Questions about A501A, Orchid A

What did unit A501A last sell for?

AED 1,192,660 on 10 January 2023, sold by the developer: AED 957 per sqft for 1,246 sqft. It is the only registered sale of the unit.

What is the rent for unit A501A?

AED 55,000 a year on the contract renewed on 15 March 2021. The previous contract, from March 2020, was AED 58,000; the unit has been rented since March 2019.

How big is unit A501A?

1,246 sqft (115.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit A501A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orchid A sold for AED 1,185,000 to 1,185,000 in the last 12 months, around AED 1,277 per sqft.

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Mortgage on A501A, Orchid A

Starts from the last sale price (AED 1.19M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,192,660
Deposit, UAE resident (20%)
AED 238,532
Deposit, non-resident (40%)
AED 477,064
Monthly over 25 years at 3.7%
AED 4,880

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