TH7, Orchid B
Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH7, Orchid B
What is TH7 worth today?
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Source: Dubai Land Department. Updated 17 November 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 4,115 sqft
- Floor
- Ground of 8
- Parking
- B-30 , B-31
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 60,400 /yr
- Last sold
- AED 2.46M · November 2019
- Building
- Orchid B
About TH7, Orchid B
TH7 is a three-bedroom apartment of 4,115 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 17 November 2019 for AED 2,460,920, or AED 597 per sqft.
One Ejari contract is registered, from 16 October 2019. The current contract, signed on 16 October 2019, is AED 158,000 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 60,400 a year.
3-beds in Orchid B, and where TH7 sits
All 4 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202211 August 2022 | 3,652 sqft | 2,701,860 | 739 | ||
| 28 Mar 202228 March 2022 | 2,838 sqft | 2,099,160 | 739 | ||
| 9 Mar 20219 March 2021 | 3,470 sqft | 2,346,000 | 676 |
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 ground floor
All 84 units in Orchid BTH7, Orchid B in numbers
- Sold once: by DAMAC on 17 November 2019 for AED 2,460,920, or AED 597 per sqft.
- Rented since October 2019 on one Ejari contract, at AED 158,000 a year.
- At AED 158,000 a year the gross yield on the 2019 price is 6.4%, before a service charge of about AED 60,400 a year (AED 14.68 per sqft).
Source: Dubai Land Department. Updated 17 November 2019.
Questions about TH7, Orchid B
What did unit TH7 last sell for?
AED 2,460,920 on 17 November 2019, sold by the developer: AED 597 per sqft for 4,115 sqft. It is the only registered sale of the unit.
What is the rent for unit TH7?
AED 158,000 a year on the contract signed on 16 October 2019.
How big is unit TH7?
4,115 sqft (382.3 sqm): a three-bedroom apartment on the ground floor of a 8-storey tower completed in 2018.
What is unit TH7 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 TH7, Orchid B
Starts from the last sale price (AED 2.46M, 17 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,460,920
- Deposit, UAE resident (20%)
- AED 492,184
- Deposit, non-resident (40%)
- AED 984,368
- Monthly over 25 years at 3.7%
- AED 10,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →