1-bed · 801 sqftJasmine B, Damac Hills · 5th floor · completed 2018

B501B, Jasmine B

Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B501B · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 981K6 June 2017
Current rentAED 53K /yr9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B501B, Jasmine B

What is B501B worth today?

Last sold for AED 981,090 in 2017

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9 Oct 2024RentedRenewal
AED 52,500/yr12 months · AED 66 per sqft
9 Oct 2023RentedRenewal
AED 52,500/yr12 months · AED 66 per sqft
9 Sep 2021RentedNew contract
AED 50,000/yr13 months · AED 63 per sqft
6 Jun 2017Sold by developerOff-plan
AED 981,090AED 1,225 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
5th of 8
Parking
LP-5
Developer
DAMAC
Completed
2018
Service charge
AED 11,700 /yr
Last sold
AED 981K · June 2017
Building
Jasmine B

About B501B, Jasmine B

B501B is a one-bedroom apartment of 801 sqft on the 5th floor of Jasmine B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 6 June 2017 for AED 981,090, or AED 1,225 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 9 October 2024, is AED 52,500 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 11,700 a year.

Sales and rents for B501B over time

Sales
Unit B501B, each saleTypical one-bed in Jasmine B
1M1.2M2014201720202023Typical sale price by year: 2014 AED 1,131,450; 2017 AED 1,051,500; 2018 AED 1,174,500; 2022 AED 991,520; 2023 AED 1,014,300; 2024 AED 947,500Sold by developer, June 2017: AED 981,090 (AED 1,225 per sqft)

B501B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B501B, each contractTypical one-bed in Jasmine B
60K20192021202320252027Typical rent by year: 2019 AED 53,500; 2020 AED 50,000; 2021 AED 49,000; 2022 AED 50,000; 2023 AED 54,600; 2024 AED 69,000; 2025 AED 75,000; 2026 AED 68,000New contract, September 2021: AED 50,000 a yearRenewal, October 2023: AED 52,500 a yearRenewal, October 2024: AED 52,500 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 B, and where B501B sits

All 33 1-beds →

Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,239 per sqft, and rent for AED 59,646 to 80,000 a year. B501B's AED 52,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,100,000
23 Dec 20241,100,000
28 Oct 2024975,000
26 Jun 2024920,000
1 1-bed sale in the last 12 months

Jasmine B

Building

83 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 1,239
Typical sale
AED 640K
Typical rent
AED 70K /yr
Typical yield
7.2%
Jasmine B, Damac Hills: prices, sales and rents →

Other units on the 5th floor

All 83 units in Jasmine B
Value
B501A1-bedAED 1.23M · Jul 2023
B502A2-bedAED 1.23M · Jul 2022
B502BStudioAED 390K · Jan 2018
B5031-bedAED 935K · Sep 2023
B504StudioAED 755K · Mar 2014
B505StudioAED 752K · Dec 2014
B506StudioAED 774K · Apr 2014
1–7 of 12

B501B, Jasmine B in numbers

  • Sold once: by DAMAC on 6 June 2017 for AED 981,090, or AED 1,225 per sqft.
  • Rented since September 2021 on 3 Ejari contracts, from AED 50,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 11,700 a year (AED 14.61 per sqft).
  • One-beds in Jasmine B sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,239 per sqft.

Source: Dubai Land Department. Updated 9 October 2024.

Questions about B501B, Jasmine B

What did unit B501B last sell for?

AED 981,090 on 6 June 2017, sold by the developer: AED 1,225 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit B501B?

AED 52,500 a year on the contract renewed on 9 October 2024. The previous contract, from October 2023, was AED 52,500; the unit has been rented since September 2021.

How big is unit B501B?

801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2018.

What is unit B501B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Jasmine B sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,239 per sqft.

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Mortgage on B501B, Jasmine B

Starts from the last sale price (AED 981K, 6 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 981,090
Deposit, UAE resident (20%)
AED 196,218
Deposit, non-resident (40%)
AED 392,436
Monthly over 25 years at 3.7%
AED 4,014

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