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2,002 sqftOrchid A, Damac Hills · 6th floor · completed 2018

A602A, Orchid A

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A602A · DLD and Ejari recordsUpdated 24 May 2022
Last soldAED 1.56M24 May 2022
Current rentAED 94K /yr5 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A602A, Orchid A

What is A602A worth today?

Last sold for AED 1,562,000 in 2022

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24 May 2022Sold by developerReady
AED 1,562,000AED 780 per sqft
5 Sep 2020RentedRenewal
AED 94,000/yr13 months · AED 47 per sqft
5 Aug 2019RentedNew contract
AED 103,650/yr13 months · AED 52 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type
Apartment
Size
2,002 sqft
Floor
6th of 8
Parking
LP-20 , LP-20A
Developer
DAMAC
Completed
2018
Service charge
AED 29,400 /yr
Last sold
AED 1.56M · May 2022
Building
Orchid A

About A602A, Orchid A

A602A is an apartment of 2,002 sqft on the 6th floor of Orchid A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 24 May 2022 for AED 1,562,000, or AED 780 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 5 September 2020, is AED 94,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 29,400 a year.

Orchid A

Building

84 apartments, studios to 3-bed over 8 floors in Damac Hills, completed in 2018 by DAMAC. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 75K /yr
Typical yield
Orchid A, Damac Hills: prices, sales and rents →

Other units on the 6th floor

All 84 units in Orchid A
Value
A601A1-bedAED 1.37M · Aug 2023
A601BStudioAED 622K · Aug 2014
A602BStudioAED 553K · Apr 2014
A603StudioAED 684K · Jan 2015
A6042-bedAED 1.33M · Mar 2021
A6051-bedAED 1.09M · Jun 2014
A6061-bedAED 625K · May 2021
1–7 of 10

A602A, Orchid A in numbers

  • Sold once: by DAMAC on 24 May 2022 for AED 1,562,000, or AED 780 per sqft.
  • Rented since August 2019 on 2 Ejari contracts, from AED 103,650 to AED 94,000 a year.
  • At AED 94,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 29,400 a year (AED 14.68 per sqft).

Source: Dubai Land Department. Updated 24 May 2022.

Questions about A602A, Orchid A

What did unit A602A last sell for?

AED 1,562,000 on 24 May 2022, sold by the developer: AED 780 per sqft for 2,002 sqft. It is the only registered sale of the unit.

What is the rent for unit A602A?

AED 94,000 a year on the contract renewed on 5 September 2020. The previous contract, from August 2019, was AED 103,650.

How big is unit A602A?

2,002 sqft (186.0 sqm): an apartment on the 6th floor of a 8-storey tower completed in 2018.

What is unit A602A 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 A602A, Orchid A

Starts from the last sale price (AED 1.56M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,562,000
Deposit, UAE resident (20%)
AED 312,400
Deposit, non-resident (40%)
AED 624,800
Monthly over 25 years at 3.7%
AED 6,391

Plus AED 70,614 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →