Studio · 333 sqftOrchid B, Damac Hills · 6th floor · completed 2018

B602B, Orchid B

Sold prices and rental history: sold 3 times, last in February 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B602B · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 500K22 February 2024
Current rentAED 45K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B602B, Orchid B

What is B602B worth today?

Last sold for AED 500,000 in 2024

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25 May 2024RentedNew contract
AED 45,000/yr12 months · AED 135 per sqft
22 Feb 2024SoldReady
AED 500,000AED 1,500 per sqft
11 Nov 2021SoldReady
AED 335,000AED 1,005 per sqft
6 Nov 2014Sold by developerOff-plan
AED 552,900AED 1,659 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
Studio apartment
Size
333 sqft
Floor
6th of 8
Parking
LP-26
Developer
DAMAC
Completed
2018
Service charge
AED 4,900 /yr
Last sold
AED 500K · February 2024
Building
Orchid B

About B602B, Orchid B

B602B is a studio of 333 sqft on the 6th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 22 February 2024 for AED 500,000, or AED 1,500 per sqft, 4% above the AED 1,445 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 May 2024. The current contract, signed on 25 May 2024, is AED 45,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for B602B over time

Sales
Unit B602B, each saleTypical studio in Orchid B
400K600K800K2014201820222026Typical sale price by year: 2014 AED 724,850; 2017 AED 688,000; 2022 AED 444,500; 2023 AED 754,000; 2024 AED 500,000; 2026 AED 582,921Sold by developer, November 2014: AED 552,900 (AED 1,659 per sqft)Sold, November 2021: AED 335,000 (AED 1,005 per sqft)Sold, February 2024: AED 500,000 (AED 1,500 per sqft)

B602B has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B602B, each contractTypical studio in Orchid B
30K40K50K20192021202320252027Typical rent by year: 2019 AED 33,000; 2020 AED 28,500; 2021 AED 28,000; 2022 AED 33,000; 2023 AED 34,906; 2024 AED 43,500; 2025 AED 45,500; 2026 AED 47,500New contract, May 2024: AED 45,000 a year

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 B602B sits

All 25 studios →

B602B last sold in February 2024 at AED 1,500 per sqft, 4% above what studios in Orchid B were fetching at the time (AED 1,445). 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. B602B's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026550,000
12 Oct 2026570,000
23 Sep 2026580,000
3 Jul 2026600,000
9 studio 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
B602A2-bedAED 1.56M · Jul 2022
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

B602B, Orchid B in numbers

  • Sold 3 times: first on 6 November 2014 for AED 552,900, last on 22 February 2024 for AED 500,000 (AED 1,500 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 9.0%, 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 25 May 2024.

Questions about B602B, Orchid B

What did unit B602B last sell for?

AED 500,000 on 22 February 2024: AED 1,500 per sqft for 333 sqft. The unit has 3 registered sales; the first was AED 552,900 in November 2014.

What is the rent for unit B602B?

AED 45,000 a year on the contract signed on 25 May 2024.

How big is unit B602B?

333 sqft (30.9 sqm): a studio on the 6th floor of a 8-storey tower completed in 2018.

What is unit B602B 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 B602B, Orchid B

Starts from the last sale price (AED 500K, 22 February 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 →