1-bed · 836 sqftOrchid B, Damac Hills · 4th floor · completed 2018

B407, Orchid B

Sold prices and rental history: sold twice, last in August 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B407 · DLD and Ejari recordsUpdated 19 August 2021
Last soldAED 625K19 August 2021
Current rentAED 46K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B407, Orchid B

What is B407 worth today?

Last sold for AED 625,000 in 2021

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19 Aug 2021SoldReady
AED 625,000AED 747 per sqft
1 Oct 2020RentedRenewal
AED 46,000/yr12 months · AED 55 per sqft
1 Oct 2019RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
4 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
27 May 2014Sold by developerOff-plan
AED 1,068,750AED 1,278 per sqft

Source: Dubai Land Department. Updated 19 August 2021.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
4th of 8
Parking
UG-3
Developer
DAMAC
Completed
2018
Service charge
AED 12,300 /yr
Last sold
AED 625K · August 2021
Building
Orchid B

About B407, Orchid B

B407 is a one-bedroom apartment of 836 sqft on the 4th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 19 August 2021 for AED 625,000, or AED 747 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 46,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 12,300 a year.

Sales and rents for B407 over time

Sales
Unit B407, each saleTypical one-bed in Orchid B
750K1M2014201820222026Typical sale price by year: 2014 AED 1,123,850; 2017 AED 1,027,000; 2019 AED 775,000; 2021 AED 770,000; 2022 AED 818,000; 2023 AED 1,099,500; 2026 AED 960,000Sold by developer, May 2014: AED 1,068,750 (AED 1,278 per sqft)Sold, August 2021: AED 625,000 (AED 747 per sqft)

B407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B407, each contractTypical one-bed in Orchid B
60K80K20192021202320252027Typical rent by year: 2019 AED 53,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 52,000; 2023 AED 55,125; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,600New contract, July 2019: AED 50,000 a yearNew contract, October 2019: AED 50,000 a yearRenewal, October 2020: AED 46,000 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 B, and where B407 sits

All 36 1-beds →

Over the last 12 months one-beds sold for AED 940,000 to 1,020,000, around AED 1,149 per sqft, and rent for AED 63,000 to 85,000 a year. B407's AED 46,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 2026940,000
6 Feb 2026960,000
28 Jan 20261,020,000
21 Apr 2025920,000
3 1-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 4th floor

All 84 units in Orchid B
Value
B4012-bedAED 1.38M · Apr 2022
B402A2-bedAED 1.31M · Jan 2021
B402BStudioAED 420K · Aug 2024
B4031-bedAED 980K · Apr 2014
B404StudioAED 755K · Apr 2014
B405StudioAED 788K · Apr 2014
B406StudioAED 558K · Jan 2024
1–7 of 12

B407, Orchid B in numbers

  • Sold twice: first on 27 May 2014 for AED 1,068,750, last on 19 August 2021 for AED 625,000 (AED 747 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 50,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 12,300 a year (AED 14.68 per sqft).
  • One-beds in Orchid B sold for AED 940,000–1,020,000 in the 12 months to November 2026; the building's median across all types is AED 1,143 per sqft.

Source: Dubai Land Department. Updated 19 August 2021.

Questions about B407, Orchid B

What did unit B407 last sell for?

AED 625,000 on 19 August 2021: AED 747 per sqft for 836 sqft. The unit has 2 registered sales; the first was AED 1,068,750 in May 2014.

What is the rent for unit B407?

AED 46,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2019, was AED 50,000; the unit has been rented since July 2019.

How big is unit B407?

836 sqft (77.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2018.

What is unit B407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Orchid B sold for AED 940,000 to 1,020,000 in the last 12 months, around AED 1,149 per sqft.

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Mortgage on B407, Orchid B

Starts from the last sale price (AED 625K, 19 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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