2-bed · 2,698 sqftOrchid B, Damac Hills · Ground floor · completed 2018

TH5, Orchid B

Sold prices and rental history: sold once, by the developer in January 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH5 · DLD and Ejari recordsUpdated 13 January 2020
Last soldAED 1.92M13 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH5, Orchid B

What is TH5 worth today?

Last sold for AED 1,916,000 in 2020

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13 Jan 2020Sold by developerReady
AED 1,916,000AED 710 per sqft

Source: Dubai Land Department. Updated 13 January 2020.

Key facts

Type
2-bed apartment
Size
2,698 sqft
Floor
Ground of 8
Parking
UG-29 , UG-32
Developer
DAMAC
Completed
2018
Service charge
AED 39,600 /yr
Last sold
AED 1.92M · January 2020
Building
Orchid B

About TH5, Orchid B

TH5 is a two-bedroom apartment of 2,698 sqft on the ground floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 13 January 2020 for AED 1,916,000, or AED 710 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH5 over time

Sales
Unit TH5, each saleTypical two-bed in Orchid B
1.5M2M2020202120222023Typical sale price by year: 2020 AED 1,415,675; 2021 AED 1,312,237; 2022 AED 1,376,440Sold by developer, January 2020: AED 1,916,000 (AED 710 per sqft)

TH5 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit TH5, 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 135,000

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 TH5 sits

All 19 2-beds →
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 ground floor

All 84 units in Orchid B
Value
TH62-bedAED 2.04M · Aug 2022
TH73-bedAED 2.46M · Nov 2019
TH83-bedAED 2.35M · Mar 2021

TH5, Orchid B in numbers

  • Sold once: by DAMAC on 13 January 2020 for AED 1,916,000, or AED 710 per sqft.

Source: Dubai Land Department. Updated 13 January 2020.

Questions about TH5, Orchid B

What did unit TH5 last sell for?

AED 1,916,000 on 13 January 2020, sold by the developer: AED 710 per sqft for 2,698 sqft. It is the only registered sale of the unit.

How big is unit TH5?

2,698 sqft (250.7 sqm): a two-bedroom apartment on the ground floor of a 8-storey tower completed in 2018.

What is unit TH5 worth today?

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

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Mortgage on TH5, Orchid B

Starts from the last sale price (AED 1.92M, 13 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,916,000
Deposit, UAE resident (20%)
AED 383,200
Deposit, non-resident (40%)
AED 766,400
Monthly over 25 years at 3.7%
AED 7,839

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