1-bed · 852 sqftJasmine B, Damac Hills · 7th floor · completed 2018

B707, Jasmine B

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B707 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 920K26 June 2024
Current rentAED 70K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B707, Jasmine B

What is B707 worth today?

Last sold for AED 920,000 in 2024

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15 Aug 2024RentedRenewal
AED 70,000/yr12 months · AED 82 per sqft
26 Jun 2024SoldReady
AED 920,000AED 1,080 per sqft
15 Aug 2023RentedNew contract
AED 72,000/yr12 months · AED 85 per sqft
10 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
5 May 2019RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
25 Mar 2014Sold by developerOff-plan
AED 1,126,700AED 1,322 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
7th of 8
Parking
UP-19
Developer
DAMAC
Completed
2018
Service charge
AED 12,400 /yr
Last sold
AED 920K · June 2024
Building
Jasmine B

About B707, Jasmine B

B707 is a one-bedroom apartment of 852 sqft on the 7th floor of Jasmine B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 26 June 2024 for AED 920,000, or AED 1,080 per sqft, 10% above the AED 982 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 70,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for B707 over time

Sales
Unit B707, 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, March 2014: AED 1,126,700 (AED 1,322 per sqft)Sold, June 2024: AED 920,000 (AED 1,080 per sqft)

B707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B707, 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, May 2019: AED 53,000 a yearNew contract, July 2020: AED 50,000 a yearNew contract, August 2023: AED 72,000 a yearRenewal, August 2024: AED 70,000 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 Jasmine B, and where B707 sits

All 33 1-beds →

B707 last sold in June 2024 at AED 1,080 per sqft, 10% above what one-beds in Jasmine B were fetching at the time (AED 982). 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. B707's AED 70,000 is in the upper half 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
5 Mar 2024807,000
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 7th floor

All 83 units in Jasmine B
Value
B701A1-bedAED 1.28M · Jul 2023
B701BStudioAED 575K · Oct 2015
B702A2-bedAED 1.5M · Mar 2022
B702BStudioAED 553K · Apr 2014
B703StudioAED 595K · Jan 2025
B7042-bedAED 2.24M · Apr 2025
B7051-bedAED 880K · Dec 2022
1–7 of 10

B707, Jasmine B in numbers

  • Sold twice: first on 25 March 2014 for AED 1,126,700, last on 26 June 2024 for AED 920,000 (AED 1,080 per sqft).
  • Rented since May 2019 on 4 Ejari contracts, from AED 53,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 12,400 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 15 August 2024.

Questions about B707, Jasmine B

What did unit B707 last sell for?

AED 920,000 on 26 June 2024: AED 1,080 per sqft for 852 sqft. The unit has 2 registered sales; the first was AED 1,126,700 in March 2014.

What is the rent for unit B707?

AED 70,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 72,000; the unit has been rented since May 2019.

How big is unit B707?

852 sqft (79.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2018.

What is unit B707 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 B707, Jasmine B

Starts from the last sale price (AED 920K, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

Plus AED 43,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →