2-bed · 1,526 sqftOrchid A, Damac Hills · 7th floor · completed 2018

A704, Orchid A

Sold prices and rental history: sold once, by the developer in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A704 · DLD and Ejari recordsUpdated 23 February 2021
Last soldAED 1.22M23 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A704, Orchid A

What is A704 worth today?

Last sold for AED 1,222,000 in 2021

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23 Feb 2021Sold by developerReady
AED 1,222,000AED 800 per sqft

Source: Dubai Land Department. Updated 23 February 2021.

Key facts

Type
2-bed apartment
Size
1,526 sqft
Floor
7th of 8
Parking
UP-27 , UP-27A
Developer
DAMAC
Completed
2018
Service charge
AED 22,400 /yr
Last sold
AED 1.22M · February 2021
Building
Orchid A

About A704, Orchid A

A704 is a two-bedroom apartment of 1,526 sqft on the 7th floor of Orchid A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 23 February 2021 for AED 1,222,000, or AED 800 per sqft, 6% above the AED 758 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A704 over time

Sales
Unit A704, each saleTypical two-bed in Orchid A
1.5M2M20142017202020232026Typical sale price by year: 2014 AED 1,962,200; 2021 AED 1,270,000; 2022 AED 1,562,000; 2025 AED 2,200,000Sold by developer, February 2021: AED 1,222,000 (AED 800 per sqft)

A704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A704, each contractTypical two-bed in Orchid A
75K100K125K20192021202320252027Typical rent by year: 2019 AED 92,825; 2020 AED 96,000; 2021 AED 98,000; 2022 AED 83,500; 2023 AED 85,550; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 134,000

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

2-beds in Orchid A, and where A704 sits

All 19 2-beds →

A704 last sold in February 2021 at AED 800 per sqft, 6% above what two-beds in Orchid A were fetching at the time (AED 758). Over the last 12 months two-beds sold for AED 2,250,000 to 2,650,000, around AED 1,249 per sqft, and rent for AED 120,000 to 180,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20262,250,000
6 Mar 20262,650,000
28 Oct 20252,200,000
15 Oct 20252,220,000
2 2-bed sales 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 7th floor

All 84 units in Orchid A
Value
A701A1-bedAED 1.26M · Jan 2023
A701BStudioAED 627K · May 2018
A702A2-bedAED 1.29M · Oct 2020
A702BStudioAED 493K · Jun 2018
A703StudioAED 661K · Sep 2018
A7051-bedAED 817K · Sep 2019
A7061-bedAED 853K · Nov 2019
1–7 of 10

A704, Orchid A in numbers

  • Sold once: by DAMAC on 23 February 2021 for AED 1,222,000, or AED 800 per sqft.
  • Two-beds in Orchid A sold for AED 2,250,000–2,650,000 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 23 February 2021.

Questions about A704, Orchid A

What did unit A704 last sell for?

AED 1,222,000 on 23 February 2021, sold by the developer: AED 800 per sqft for 1,526 sqft. It is the only registered sale of the unit.

How big is unit A704?

1,526 sqft (141.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2018.

What is unit A704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Orchid A sold for AED 2,250,000 to 2,650,000 in the last 12 months, around AED 1,249 per sqft.

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Mortgage on A704, Orchid A

Starts from the last sale price (AED 1.22M, 23 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,222,000
Deposit, UAE resident (20%)
AED 244,400
Deposit, non-resident (40%)
AED 488,800
Monthly over 25 years at 3.7%
AED 5,000

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