B502B, Orchid B
Sold prices and rental history: sold 4 times, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B502B, Orchid B
What is B502B worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 335 sqft
- Floor
- 5th of 8
- Parking
- LP-1
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 4,900 /yr
- Last sold
- AED 500K · December 2024
- Building
- Orchid B
About B502B, Orchid B
B502B is a studio of 335 sqft on the 5th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 12 December 2024 for AED 500,000, or AED 1,492 per sqft, 15% above the AED 1,298 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 July 2023, is AED 32,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 4,900 a year.
Sales and rents for B502B over time
B502B has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Orchid B, and where B502B sits
All 25 studios →B502B last sold in December 2024 at AED 1,492 per sqft, 15% above what studios in Orchid B were fetching at the time (AED 1,298). Over the last 12 months studios sold for AED 490,000 to 626,000, around AED 1,136 per sqft, and rent for AED 36,384 to 57,500 a year. B502B's AED 32,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 495 sqft | 550,000 | 1,111 | ||
| 12 Oct 202612 October 2026 | 501 sqft | 570,000 | 1,136 | ||
| 23 Sep 202623 September 2026 | 433 sqft | 580,000 | 1,339 | ||
| 3 Jul 20263 July 2026 | 433 sqft | 600,000 | 1,385 |
Orchid B
Building84 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%
Other units on the 5th floor
All 84 units in Orchid B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501A | 1-bed | 1,246 sqft | AED 1.03MAED 1,029,600 · Oct 2019October 2019 | ||
| B501B | 1-bed | 801 sqft | AED 991KAED 991,000 · Mar 2017March 2017 | 70,000 /yr | |
| B502A | 2-bed | 1,646 sqft | AED 1.63MAED 1,625,000 · Mar 2023March 2023 | 85,000 /yr | |
| B503 | 1-bed | 831 sqft | AED 920KAED 920,000 · Apr 2025April 2025 | 61,933 /yr | |
| B504 | Studio | 495 sqft | AED 550KAED 550,000 · Nov 2026November 2026 | 36,384 /yr | |
| B505 | Studio | 501 sqft | AED 570KAED 570,000 · Oct 2026October 2026 | ||
| B506 | Studio | 524 sqft | AED 583KAED 582,921 · Jun 2026June 2026 | 45,000 /yr | |
| B507 | 1-bed | 836 sqft | AED 1.07MAED 1,068,750 · May 2014May 2014 | 60,500 /yr | |
| B508 | 1-bed | 887 sqft | AED 1.02MAED 1,020,000 · Jan 2026January 2026 | 59,713 /yr | |
| B509 | 1-bed | 853 sqft | AED 700KAED 700,000 · Dec 2019December 2019 | ||
| B510 | 1-bed | 1,021 sqft | AED 1.22MAED 1,218,000 · Dec 2017December 2017 | 80,000 /yr | |
| B511 | 2-bed | 1,504 sqft | AED 1.96MAED 1,963,650 · Apr 2014April 2014 | 110,000 /yr |
B502B, Orchid B in numbers
- Sold 4 times: first on 13 November 2017 for AED 500,000, last on 12 December 2024 for AED 500,000 (AED 1,492 per sqft).
- Rented since February 2022 on 2 Ejari contracts, from AED 55,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 4,900 a year (AED 14.68 per sqft).
- Studios in Orchid B sold for AED 490,000–626,000 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 12 December 2024.
Questions about B502B, Orchid B
What did unit B502B last sell for?
AED 500,000 on 12 December 2024: AED 1,492 per sqft for 335 sqft. The unit has 4 registered sales; the first was AED 500,000 in November 2017.
What is the rent for unit B502B?
AED 32,000 a year on the contract signed on 20 July 2023. The previous contract, from February 2022, was AED 55,000.
How big is unit B502B?
335 sqft (31.1 sqm): a studio on the 5th floor of a 8-storey tower completed in 2018.
What is unit B502B worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Orchid B sold for AED 490,000 to 626,000 in the last 12 months, around AED 1,136 per sqft.
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Mortgage on B502B, Orchid B
Starts from the last sale price (AED 500K, 12 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →