2-bed · 2,001 sqftOrchid B, Damac Hills · 6th floor · completed 2018

B602A, Orchid B

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

Unit B602A · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 1.56M13 July 2022
Current rentAED 89K /yr20 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B602A, Orchid B

What is B602A worth today?

Last sold for AED 1,562,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Jul 2022Sold by developerReady
AED 1,562,000AED 780 per sqft
20 Nov 2021RentedRenewal
AED 88,774/yr9 months · AED 44 per sqft
20 Oct 2020RentedNew contract
AED 85,000/yr13 months · AED 42 per sqft
5 Jul 2019RentedNew contract
AED 105,650/yr13 months · AED 53 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
2-bed apartment
Size
2,001 sqft
Floor
6th of 8
Parking
LP-35 , LP-41
Developer
DAMAC
Completed
2018
Service charge
AED 29,400 /yr
Last sold
AED 1.56M · July 2022
Building
Orchid B

About B602A, Orchid B

B602A is a two-bedroom apartment of 2,001 sqft on the 6th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 13 July 2022 for AED 1,562,000, or AED 780 per sqft, 5% below the AED 817 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 20 November 2021, is AED 88,774 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 29,400 a year.

Sales and rents for B602A over time

Sales
Unit B602A, each saleTypical two-bed in Orchid B
1.4M1.6M2020202120222023Typical sale price by year: 2020 AED 1,415,675; 2021 AED 1,312,237; 2022 AED 1,376,440Sold by developer, July 2022: AED 1,562,000 (AED 780 per sqft)

B602A has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B602A, 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, July 2019: AED 105,650 a yearNew contract, October 2020: AED 85,000 a yearRenewal, November 2021: AED 88,774 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 B602A sits

All 19 2-beds →

B602A last sold in July 2022 at AED 780 per sqft, 5% below what two-beds in Orchid B were fetching at the time (AED 817). B602A's AED 88,774 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 6th floor

All 84 units in Orchid B
Value
B601A1-bedAED 1.3M · Jul 2023
B601BStudioAED 622K · May 2014
B602BStudioAED 500K · Feb 2024
B603StudioAED 342K · Jun 2025
B6042-bedAED 1.34M · Mar 2022
B6051-bedAED 821K · Oct 2021
B6061-bedAED 1.17M · Jun 2014
1–7 of 10

B602A, Orchid B in numbers

  • Sold once: by DAMAC on 13 July 2022 for AED 1,562,000, or AED 780 per sqft.
  • Rented since July 2019 on 3 Ejari contracts, from AED 105,650 to AED 88,774 a year.
  • At AED 88,774 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 29,400 a year (AED 14.68 per sqft).

Source: Dubai Land Department. Updated 13 July 2022.

Questions about B602A, Orchid B

What did unit B602A last sell for?

AED 1,562,000 on 13 July 2022, sold by the developer: AED 780 per sqft for 2,001 sqft. It is the only registered sale of the unit.

What is the rent for unit B602A?

AED 88,774 a year on the contract renewed on 20 November 2021. The previous contract, from October 2020, was AED 85,000; the unit has been rented since July 2019.

How big is unit B602A?

2,001 sqft (185.9 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2018.

What is unit B602A worth today?

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

Selling B602A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B602A, Orchid B

Starts from the last sale price (AED 1.56M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,562,000
Deposit, UAE resident (20%)
AED 312,400
Deposit, non-resident (40%)
AED 624,800
Monthly over 25 years at 3.7%
AED 6,391

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