1-bed · 769 sqftOrchid A, Damac Hills · 7th floor · completed 2018

A709, Orchid A

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

Unit A709 · DLD and Ejari recordsUpdated 18 November 2019
Last soldAED 870K18 November 2019
Current rentAED 77K /yr23 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A709, Orchid A

What is A709 worth today?

Last sold for AED 870,000 in 2019

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18 Nov 2019Sold by developerReady
AED 870,000AED 1,130 per sqft
23 Sep 2019RentedNew contract
AED 77,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 18 November 2019.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
7th of 8
Parking
B-2
Developer
DAMAC
Completed
2018
Service charge
AED 11,300 /yr
Last sold
AED 870K · November 2019
Building
Orchid A

About A709, Orchid A

A709 is a one-bedroom apartment of 769 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 18 November 2019 for AED 870,000, or AED 1,130 per sqft, 18% above the AED 960 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 September 2019. The current contract, signed on 23 September 2019, is AED 77,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 11,300 a year.

Sales and rents for A709 over time

Sales
Unit A709, each saleTypical one-bed in Orchid A
1M2014201720202023Typical sale price by year: 2014 AED 1,125,275; 2019 AED 852,550; 2023 AED 1,012,760Sold by developer, November 2019: AED 870,000 (AED 1,130 per sqft)

A709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A709, 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, September 2019: AED 77,000 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 A709 sits

All 36 1-beds →

A709 last sold in November 2019 at AED 1,130 per sqft, 18% above what one-beds in Orchid A were fetching at the time (AED 960). 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. A709's AED 77,000 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

A709, Orchid A in numbers

  • Sold once: by DAMAC on 18 November 2019 for AED 870,000, or AED 1,130 per sqft.
  • Rented since September 2019 on one Ejari contract, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 11,300 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 18 November 2019.

Questions about A709, Orchid A

What did unit A709 last sell for?

AED 870,000 on 18 November 2019, sold by the developer: AED 1,130 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit A709?

AED 77,000 a year on the contract signed on 23 September 2019.

How big is unit A709?

769 sqft (71.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2018.

What is unit A709 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 A709, Orchid A

Starts from the last sale price (AED 870K, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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