1-bed · 852 sqftOrchid A, Damac Hills · 7th floor · completed 2018

A707, Orchid A

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A707 · DLD and Ejari recordsUpdated 8 December 2024
Last soldAED 770K6 February 2023
Current rentAED 68K /yr8 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A707, Orchid A

What is A707 worth today?

Last sold for AED 770,000 in 2023

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8 Dec 2024RentedRenewal
AED 68,400/yr12 months · AED 80 per sqft
8 Dec 2024RentedRenewal
AED 68,400/yr12 months · AED 80 per sqft
8 Dec 2023RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
6 Feb 2023SoldReady
AED 770,000AED 904 per sqft
8 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
1 May 2021RentedRenewal
AED 46,154/yr13 months · AED 54 per sqft
1 May 2020RentedRenewal
AED 53,000/yr12 months · AED 62 per sqft
1 May 2019RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 8 December 2024.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
7th of 8
Parking
UP-5
Developer
DAMAC
Completed
2018
Service charge
AED 12,500 /yr
Last sold
AED 770K · February 2023
Building
Orchid A

About A707, Orchid A

A707 is a one-bedroom apartment of 852 sqft on the 7th floor of Orchid A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 6 February 2023 for AED 770,000, or AED 904 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 8 December 2024, is AED 68,400 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 12,500 a year.

Sales and rents for A707 over time

Sales
Unit A707, each saleTypical one-bed in Orchid A
800K1M2014201720202023Typical sale price by year: 2014 AED 1,125,275; 2019 AED 852,550; 2023 AED 1,012,760Sold by developer, May 2018: AED 987,000 (AED 1,158 per sqft)Sold, February 2023: AED 770,000 (AED 904 per sqft)

A707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A707, 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, May 2019: AED 65,000 a yearRenewal, May 2020: AED 53,000 a yearRenewal, May 2021: AED 46,154 a yearNew contract, December 2022: AED 55,000 a yearNew contract, December 2023: AED 65,000 a yearRenewal, December 2024: AED 68,400 a yearRenewal, December 2024: AED 68,400 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 A707 sits

All 36 1-beds →

A707 last sold in February 2023 at AED 904 per sqft, in line with what one-beds in Orchid A were fetching at the time (AED 904). 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. A707's AED 68,400 is in the upper 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 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
A7042-bedAED 1.22M · Feb 2021
A7051-bedAED 817K · Sep 2019
1–7 of 10

A707, Orchid A in numbers

  • Sold twice: first on 16 May 2018 for AED 987,000, last on 6 February 2023 for AED 770,000 (AED 904 per sqft).
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 46,154 in 2021 and recovered to AED 68,400 by December 2024.
  • At AED 68,400 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 12,500 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 8 December 2024.

Questions about A707, Orchid A

What did unit A707 last sell for?

AED 770,000 on 6 February 2023: AED 904 per sqft for 852 sqft. The unit has 2 registered sales; the first was AED 987,000 in May 2018.

What is the rent for unit A707?

AED 68,400 a year on the contract renewed on 8 December 2024. The previous contract, from December 2024, was AED 68,400; the unit has been rented since May 2019.

How big is unit A707?

852 sqft (79.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2018.

What is unit A707 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 A707, Orchid A

Starts from the last sale price (AED 770K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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