A506, Orchid A
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A506, Orchid A
What is A506 worth today?
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Source: Dubai Land Department. Updated 4 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 5th of 8
- Parking
- UG-16
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 7,700 /yr
- Last sold
- AED 774K · June 2014
- Building
- Orchid A
About A506, Orchid A
A506 is a studio of 524 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 16 June 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 2019 on 4 Ejari contracts. The current contract, renewed on 4 September 2024, is AED 36,750 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 A506 over time
A506 has sold once; the dashed line is the studio median of each year in the building.
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 A506 sits
All 25 studios →A506 last sold in June 2014 at AED 1,476 per sqft, in line with what studios in Orchid A were fetching at the time (AED 1,500). 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. A506's AED 36,750 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 453 sqft | 695,000 | 1,533 | ||
| 4 Mar 20254 March 2025 | 335 sqft | 750,000 | 2,238 | ||
| 9 May 20249 May 2024 | 598 sqft | 610,000 | 1,019 | ||
| 24 Apr 202424 April 2024 | 495 sqft | 570,000 | 1,152 |
Orchid A
Building84 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%
Other units on the 5th floor
All 84 units in Orchid A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501A | 1-bed | 1,246 sqft | AED 1.19MAED 1,192,660 · Jan 2023January 2023 | 55,000 /yr | |
| A501B | 1-bed | 804 sqft | AED 861KAED 861,000 · Apr 2016April 2016 | 60,000 /yr | |
| A502A | 2-bed | 1,646 sqft | AED 2.15MAED 2,150,000 · Aug 2024August 2024 | 85,000 /yr | |
| A502B | Studio | 335 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | ||
| A503 | 1-bed | 831 sqft | AED 1.04MAED 1,044,050 · Apr 2014April 2014 | 70,000 /yr | |
| A504 | Studio | 495 sqft | AED 610KAED 610,000 · Oct 2023October 2023 | 45,000 /yr | |
| A505 | Studio | 501 sqft | AED 693KAED 693,000 · Jun 2017June 2017 | 30,000 /yr | |
| A507 | 1-bed | 836 sqft | AED 1.07MAED 1,068,750 · May 2014May 2014 | 83,000 /yr | |
| A508 | 1-bed | 887 sqft | AED 1.17MAED 1,166,600 · Jul 2014July 2014 | 72,000 /yr | |
| A509 | 1-bed | 853 sqft | AED 1.12MAED 1,123,850 · Jul 2014July 2014 | 70,000 /yr | |
| A510 | 1-bed | 1,021 sqft | AED 1.3MAED 1,298,650 · Apr 2014April 2014 | 45,000 /yr | |
| A511 | 2-bed | 1,501 sqft | AED 1.41MAED 1,405,900 · Feb 2020February 2020 | 150,000 /yr |
A506, Orchid A in numbers
- Sold once: by DAMAC on 16 June 2014 for AED 774,250, or AED 1,476 per sqft.
- Rented since June 2019 on 4 Ejari contracts, from AED 33,000 to AED 36,750 a year.
- At AED 36,750 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 7,700 a year (AED 14.68 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 4 September 2024.
Questions about A506, Orchid A
What did unit A506 last sell for?
AED 774,250 on 16 June 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 A506?
AED 36,750 a year on the contract renewed on 4 September 2024. The previous contract, from September 2023, was AED 35,000; the unit has been rented since June 2019.
How big is unit A506?
524 sqft (48.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2018.
What is unit A506 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 A506, Orchid A
Starts from the last sale price (AED 774K, 16 June 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 →