2-bed · 1,916 sqftOrchid B, Damac Hills · 2nd floor · completed 2018

B201, Orchid B

Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B201 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 1.47M26 July 2022
Current rentAED 100K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B201, Orchid B

What is B201 worth today?

Last sold for AED 1,474,900 in 2022

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18 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
18 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
18 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 52 per sqft
26 Jul 2022Sold by developerReady
AED 1,474,900AED 769 per sqft
22 Sep 2020RentedRenewal
AED 93,500/yr13 months · AED 49 per sqft
22 Sep 2019RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
2-bed apartment
Size
1,916 sqft
Floor
2nd of 8
Parking
B-11
Developer
DAMAC
Completed
2018
Service charge
AED 28,100 /yr
Last sold
AED 1.47M · July 2022
Building
Orchid B

About B201, Orchid B

B201 is a two-bedroom apartment of 1,916 sqft on the 2nd floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 26 July 2022 for AED 1,474,900, or AED 769 per sqft, 6% below the AED 817 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 100,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 28,100 a year.

Sales and rents for B201 over time

Sales
Unit B201, each saleTypical two-bed in Orchid B
1.3M1.4M1.5M2020202120222023Typical sale price by year: 2020 AED 1,415,675; 2021 AED 1,312,237; 2022 AED 1,376,440Sold by developer, July 2022: AED 1,474,900 (AED 769 per sqft)

B201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B201, each contractTypical two-bed in Orchid B
100K150K20192021202320252027Typical rent by year: 2019 AED 97,384; 2020 AED 93,500; 2021 AED 94,787; 2022 AED 100,000; 2023 AED 107,500; 2024 AED 150,000; 2025 AED 140,000; 2026 AED 135,000New contract, September 2019: AED 95,000 a yearRenewal, September 2020: AED 93,500 a yearNew contract, October 2022: AED 100,000 a yearRenewal, October 2023: AED 100,000 a yearRenewal, October 2024: AED 100,000 a year

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

2-beds in Orchid B, and where B201 sits

All 19 2-beds →

B201 last sold in July 2022 at AED 769 per sqft, 6% below what two-beds in Orchid B were fetching at the time (AED 817). B201's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Jun 20252,350,000
16 Mar 20231,625,000
22 Dec 20222,002,000
16 Aug 20222,041,340
0 2-bed sales in the last 12 months

Orchid B

Building

84 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2018 by DAMAC. 12 sold in the last 12 months.

Typical price per sqft
AED 1,143
Typical sale
AED 588K
Typical rent
AED 70K /yr
Typical yield
8.1%
Orchid B, Damac Hills: prices, sales and rents →

Other units on the 2nd floor

All 84 units in Orchid B
Value
B2023-bedAED 2.7M · Aug 2022
B2031-bedAED 1.22M · Mar 2018
B204StudioAED 696K · Nov 2017
B205StudioAED 565K · Feb 2024
B206StudioAED 748K · Dec 2017
B2071-bedAED 1.03M · Jul 2017
B208StudioAED 865K · Oct 2023
1–7 of 10

B201, Orchid B in numbers

  • Sold once: by DAMAC on 26 July 2022 for AED 1,474,900, or AED 769 per sqft.
  • Rented since September 2019 on 5 Ejari contracts, from AED 95,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 28,100 a year (AED 14.68 per sqft).

Source: Dubai Land Department. Updated 18 October 2024.

Questions about B201, Orchid B

What did unit B201 last sell for?

AED 1,474,900 on 26 July 2022, sold by the developer: AED 769 per sqft for 1,916 sqft. It is the only registered sale of the unit.

What is the rent for unit B201?

AED 100,000 a year on the contract renewed on 18 October 2024. The previous contract, from October 2023, was AED 100,000; the unit has been rented since September 2019.

How big is unit B201?

1,916 sqft (178.0 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2018.

What is unit B201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B201, Orchid B

Starts from the last sale price (AED 1.47M, 26 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,474,900
Deposit, UAE resident (20%)
AED 294,980
Deposit, non-resident (40%)
AED 589,960
Monthly over 25 years at 3.7%
AED 6,034

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