2-bed · 1,487 sqftOrchid A, Damac Hills · 7th floor · completed 2018

A708, Orchid A

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

Unit A708 · DLD and Ejari recordsUpdated 21 March 2025
Last soldAED 1.24M19 April 2022
Current rentAED 129K /yr21 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A708, Orchid A

What is A708 worth today?

Last sold for AED 1,239,000 in 2022

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21 Mar 2025RentedNew contract
AED 129,000/yr12 months · AED 87 per sqft
7 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
7 Jul 2023RentedRenewal
AED 85,000/yr12 months · AED 57 per sqft
7 Jul 2022RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
19 Apr 2022Sold by developerReady
AED 1,239,000AED 833 per sqft

Source: Dubai Land Department. Updated 21 March 2025.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
7th of 8
Parking
UP-6
Developer
DAMAC
Completed
2018
Service charge
AED 21,800 /yr
Last sold
AED 1.24M · April 2022
Building
Orchid A

About A708, Orchid A

A708 is a two-bedroom apartment of 1,487 sqft on the 7th floor of Orchid A, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 19 April 2022 for AED 1,239,000, or AED 833 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 21 March 2025, is AED 129,000 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 21,800 a year.

Sales and rents for A708 over time

Sales
Unit A708, each saleTypical two-bed in Orchid A
1.5M2M201420172020Typical sale price by year: 2014 AED 1,907,575; 2021 AED 1,270,000Sold by developer, April 2022: AED 1,239,000 (AED 833 per sqft)

A708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A708, each contractTypical two-bed in Orchid A
100K150K2019202120232025Typical rent by year: 2019 AED 102,650; 2020 AED 100,800; 2021 AED 98,000; 2022 AED 85,000; 2023 AED 86,100; 2024 AED 130,000; 2025 AED 139,500New contract, July 2022: AED 80,000 a yearRenewal, July 2023: AED 85,000 a yearRenewal, July 2024: AED 110,000 a yearNew contract, March 2025: AED 129,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Orchid A, and where A708 sits

All 16 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20251,900,000
16 Aug 20242,150,000
15 May 20242,350,000
28 Feb 20231,908,480
0 2-bed sales in the last 12 months

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 7th floor

All 84 units in Orchid A
Value
A701A1-bedAED 1.26M · Jan 2023
A701BStudioAED 627K · May 2018
A702A2-bedAED 1.29M · Oct 2020
A702BStudioAED 493K · Jun 2018
A703StudioAED 661K · Sep 2018
A7042-bedAED 1.22M · Feb 2021
A7051-bedAED 817K · Sep 2019
1–7 of 10

A708, Orchid A in numbers

  • Sold once: by DAMAC on 19 April 2022 for AED 1,239,000, or AED 833 per sqft.
  • Rented since July 2022 on 4 Ejari contracts, from AED 80,000 to AED 129,000 a year.
  • At AED 129,000 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 21,800 a year (AED 14.68 per sqft).

Source: Dubai Land Department. Updated 21 March 2025.

Questions about A708, Orchid A

What did unit A708 last sell for?

AED 1,239,000 on 19 April 2022, sold by the developer: AED 833 per sqft for 1,487 sqft. It is the only registered sale of the unit.

What is the rent for unit A708?

AED 129,000 a year on the contract signed on 21 March 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since July 2022.

How big is unit A708?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2018.

What is unit A708 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 A708, Orchid A

Starts from the last sale price (AED 1.24M, 19 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,239,000
Deposit, UAE resident (20%)
AED 247,800
Deposit, non-resident (40%)
AED 495,600
Monthly over 25 years at 3.7%
AED 5,069

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