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1-bed · 1,303 sqftOrchid B, Damac Hills · 7th floor · completed 2018

B701A, Orchid B

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B701A · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 1.24M15 December 2022
Current rentAED 60K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B701A, Orchid B

What is B701A worth today?

Last sold for AED 1,238,720 in 2022

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15 Dec 2022Sold by developerReady
AED 1,238,720AED 950 per sqft
1 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedNew contract
AED 60,000/yr13 months · AED 46 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
1-bed apartment
Size
1,303 sqft
Floor
7th of 8
Parking
UP-8
Developer
DAMAC
Completed
2018
Service charge
AED 19,100 /yr
Last sold
AED 1.24M · December 2022
Building
Orchid B

About B701A, Orchid B

B701A is a one-bedroom apartment of 1,303 sqft on the 7th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 15 December 2022 for AED 1,238,720, or AED 950 per sqft, in line with the AED 959 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 60,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 19,100 a year.

Sales and rents for B701A over time

Sales
Unit B701A, each saleTypical one-bed in Orchid B
750K1M1.25M2014201820222026Typical 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, December 2022: AED 1,238,720 (AED 950 per sqft)

B701A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B701A, 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, August 2020: AED 60,000 a yearRenewal, September 2021: AED 60,000 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 B701A sits

All 36 1-beds →

B701A last sold in December 2022 at AED 950 per sqft, in line with what one-beds in Orchid B were fetching at the time (AED 959). 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. B701A's AED 60,000 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 7th floor

All 84 units in Orchid B
Value
B701BStudioAED 626K · Mar 2026
B702A2-bedAED 1.42M · Dec 2021
B702BStudioAED 475K · May 2024
B703StudioAED 688K · Nov 2017
B7042-bedAED 1.44M · Feb 2020
B7051-bedAED 1.09M · Apr 2014
B7061-bedAED 1.17M · Jun 2014
1–7 of 10

B701A, Orchid B in numbers

  • Sold once: by DAMAC on 15 December 2022 for AED 1,238,720, or AED 950 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 19,100 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 15 December 2022.

Questions about B701A, Orchid B

What did unit B701A last sell for?

AED 1,238,720 on 15 December 2022, sold by the developer: AED 950 per sqft for 1,303 sqft. It is the only registered sale of the unit.

What is the rent for unit B701A?

AED 60,000 a year on the contract renewed on 1 September 2021. The previous contract, from August 2020, was AED 60,000.

How big is unit B701A?

1,303 sqft (121.1 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2018.

What is unit B701A 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 B701A, Orchid B

Starts from the last sale price (AED 1.24M, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,238,720
Deposit, UAE resident (20%)
AED 247,744
Deposit, non-resident (40%)
AED 495,488
Monthly over 25 years at 3.7%
AED 5,068

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