1-bed · 831 sqftJasmine A, Damac Hills · 5th floor · completed 2018

A503, Jasmine A

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A503 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 1.04M3 April 2014
Current rentAED 52K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A503, Jasmine A

What is A503 worth today?

Last sold for AED 1,044,050 in 2014

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25 Apr 2024RentedRenewal
AED 51,975/yr12 months · AED 63 per sqft
25 Apr 2023RentedRenewal
AED 49,500/yr12 months · AED 60 per sqft
25 Apr 2022RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
7 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
5 May 2019RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
3 Apr 2014Sold by developerOff-plan
AED 1,044,050AED 1,256 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
5th of 8
Parking
UG-18
Developer
DAMAC
Completed
2018
Service charge
AED 12,100 /yr
Last sold
AED 1.04M · April 2014
Building
Jasmine A

About A503, Jasmine A

A503 is a one-bedroom apartment of 831 sqft on the 5th floor of Jasmine A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 3 April 2014 for AED 1,044,050, or AED 1,256 per sqft, in line with the AED 1,283 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 25 April 2024, is AED 51,975 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 12,100 a year.

Sales and rents for A503 over time

Sales
Unit A503, each saleTypical one-bed in Jasmine A
750K1M20142017202020232026Typical sale price by year: 2014 AED 1,152,825; 2019 AED 620,000; 2021 AED 848,750; 2022 AED 925,500; 2023 AED 900,000; 2024 AED 1,075,000; 2025 AED 1,100,000Sold by developer, April 2014: AED 1,044,050 (AED 1,256 per sqft)

A503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A503, each contractTypical one-bed in Jasmine A
40K60K2019202120232025Typical rent by year: 2019 AED 52,000; 2020 AED 48,000; 2021 AED 46,000; 2022 AED 50,500; 2023 AED 54,863; 2024 AED 61,750; 2025 AED 70,000New contract, May 2019: AED 50,000 a yearNew contract, October 2020: AED 42,000 a yearNew contract, April 2022: AED 45,000 a yearRenewal, April 2023: AED 49,500 a yearRenewal, April 2024: AED 51,975 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 Jasmine A, and where A503 sits

All 36 1-beds →

A503 last sold in April 2014 at AED 1,256 per sqft, in line with what one-beds in Jasmine A were fetching at the time (AED 1,283). Over the last 12 months one-beds sold for AED 1,080,000 to 1,100,000, around AED 1,197 per sqft, and rent for AED 75,000 to 95,000 a year. A503's AED 51,975 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jan 20261,080,000
15 Dec 20251,100,000
20 Jun 20251,100,000
18 Mar 20251,430,000
2 1-bed sales in the last 12 months

Jasmine A

Building

84 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2018 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft
AED 1,102
Typical sale
AED 1.08M
Typical rent
AED 75K /yr
Typical yield
8.7%
Jasmine A, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 84 units in Jasmine A
Value
A501A1-bedAED 1.22M · Nov 2024
A501B1-bedAED 966K · Mar 2025
A502A2-bedAED 1.49M · Jul 2021
A502BStudioAED 538K · Jan 2017
A504StudioAED 570K · Jan 2025
A505StudioAED 525K · Jun 2024
A506StudioAED 719K · Mar 2014
1–7 of 12

A503, Jasmine A in numbers

  • Sold once: by DAMAC on 3 April 2014 for AED 1,044,050, or AED 1,256 per sqft.
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2020 and recovered to AED 51,975 by April 2024.
  • At AED 51,975 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 12,100 a year (AED 14.61 per sqft).
  • One-beds in Jasmine A sold for AED 1,080,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,102 per sqft.

Source: Dubai Land Department. Updated 25 April 2024.

Questions about A503, Jasmine A

What did unit A503 last sell for?

AED 1,044,050 on 3 April 2014, sold by the developer: AED 1,256 per sqft for 831 sqft. It is the only registered sale of the unit.

What is the rent for unit A503?

AED 51,975 a year on the contract renewed on 25 April 2024. The previous contract, from April 2023, was AED 49,500; the unit has been rented since May 2019.

How big is unit A503?

831 sqft (77.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit A503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Jasmine A sold for AED 1,080,000 to 1,100,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on A503, Jasmine A

Starts from the last sale price (AED 1.04M, 3 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,044,050
Deposit, UAE resident (20%)
AED 208,810
Deposit, non-resident (40%)
AED 417,620
Monthly over 25 years at 3.7%
AED 4,272

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