Studio · 501 sqftOrchid A, Damac Hills · 5th floor · completed 2018

A505, Orchid A

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A505 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 693K13 June 2017
Current rentAED 30K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A505, Orchid A

What is A505 worth today?

Last sold for AED 693,000 in 2017

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1 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
20 May 2021RentedRenewal
AED 30,000/yr12 months · AED 59 per sqft
20 May 2020RentedRenewal
AED 33,000/yr12 months · AED 65 per sqft
20 May 2019RentedNew contract
AED 35,000/yr12 months · AED 69 per sqft
13 Jun 2017Sold by developerOff-plan
AED 693,000AED 1,381 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
5th of 8
Parking
UG-15
Developer
DAMAC
Completed
2018
Service charge
AED 7,400 /yr
Last sold
AED 693K · June 2017
Building
Orchid A

About A505, Orchid A

A505 is a studio of 501 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 13 June 2017 for AED 693,000, or AED 1,381 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 August 2022, is AED 30,000 a year: a gross yield of 4.3% on the 2017 price, before the service charge of about AED 7,400 a year.

Sales and rents for A505 over time

Sales
Unit A505, each saleTypical studio in Orchid A
650K700K2014201720202023Typical sale price by year: 2014 AED 659,775; 2018 AED 644,000; 2023 AED 614,460Sold by developer, June 2017: AED 693,000 (AED 1,381 per sqft)

A505 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A505, each contractTypical studio in Orchid A
30K40K20192021202320252027Typical rent by year: 2019 AED 33,000; 2020 AED 29,042; 2021 AED 27,000; 2022 AED 29,242; 2023 AED 33,500; 2024 AED 36,750; 2025 AED 45,000; 2026 AED 42,000New contract, May 2019: AED 35,000 a yearRenewal, May 2020: AED 33,000 a yearRenewal, May 2021: AED 30,000 a yearNew contract, August 2022: AED 30,000 a year

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

Studios in Orchid A, and where A505 sits

All 25 studios →

Over the last 12 months studios sold for AED 695,000, around AED 1,533 per sqft, and rent for AED 29,600 to 50,000 a year. A505's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026695,000
4 Mar 2025750,000
9 May 2024610,000
24 Apr 2024570,000
1 studio 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
A501A1-bedAED 1.19M · Jan 2023
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
A506StudioAED 774K · Jun 2014
1–7 of 12

A505, Orchid A in numbers

  • Sold once: by DAMAC on 13 June 2017 for AED 693,000, or AED 1,381 per sqft.
  • Rented since May 2019 on 4 Ejari contracts, from AED 35,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2017 price is 4.3%, before a service charge of about AED 7,400 a year (AED 14.68 per sqft).
  • Studios in Orchid A sold for AED 695,000–695,000 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 1 August 2022.

Questions about A505, Orchid A

What did unit A505 last sell for?

AED 693,000 on 13 June 2017, sold by the developer: AED 1,381 per sqft for 501 sqft. It is the only registered sale of the unit.

What is the rent for unit A505?

AED 30,000 a year on the contract signed on 1 August 2022. The previous contract, from May 2021, was AED 30,000; the unit has been rented since May 2019.

How big is unit A505?

501 sqft (46.5 sqm): a studio on the 5th floor of a 8-storey tower completed in 2018.

What is unit A505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Orchid A sold for AED 695,000 to 695,000 in the last 12 months, around AED 1,533 per sqft.

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Mortgage on A505, Orchid A

Starts from the last sale price (AED 693K, 13 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 693,000
Deposit, UAE resident (20%)
AED 138,600
Deposit, non-resident (40%)
AED 277,200
Monthly over 25 years at 3.7%
AED 2,835

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