Studio · 581 sqftOrchid B, Damac Hills · 2nd floor · completed 2018

B204, Orchid B

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B204 · DLD and Ejari recordsUpdated 17 November 2023
Last soldAED 696K20 November 2017
Current rentAED 36K /yr17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B204, Orchid B

What is B204 worth today?

Last sold for AED 696,000 in 2017

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17 Nov 2023RentedRenewal
AED 36,000/yr12 months · AED 62 per sqft
17 Nov 2022RentedRenewal
AED 33,000/yr12 months · AED 57 per sqft
17 Nov 2020RentedRenewal
AED 29,000/yr12 months · AED 50 per sqft
17 Nov 2019RentedNew contract
AED 33,000/yr12 months · AED 57 per sqft
20 Nov 2017Sold by developerOff-plan
AED 696,000AED 1,197 per sqft

Source: Dubai Land Department. Updated 17 November 2023.

Key facts

Type
Studio apartment
Size
581 sqft
Floor
2nd of 8
Parking
B-13
Developer
DAMAC
Completed
2018
Service charge
AED 8,500 /yr
Last sold
AED 696K · November 2017
Building
Orchid B

About B204, Orchid B

B204 is a studio of 581 sqft on the 2nd floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 20 November 2017 for AED 696,000, or AED 1,197 per sqft, 18% below the AED 1,455 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 17 November 2023, is AED 36,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for B204 over time

Sales
Unit B204, each saleTypical studio in Orchid B
400K600K800K2014201720202023Typical sale price by year: 2014 AED 724,850; 2017 AED 688,000; 2022 AED 444,500; 2023 AED 754,000; 2024 AED 500,000Sold by developer, November 2017: AED 696,000 (AED 1,197 per sqft)

B204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B204, each contractTypical studio in Orchid B
40K60K20192021202320252027Typical rent by year: 2019 AED 33,000; 2020 AED 28,000; 2021 AED 27,000; 2022 AED 28,000; 2023 AED 34,906; 2024 AED 45,000; 2025 AED 43,500; 2026 AED 55,000New contract, November 2019: AED 33,000 a yearRenewal, November 2020: AED 29,000 a yearRenewal, November 2022: AED 33,000 a yearRenewal, November 2023: AED 36,000 a year

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

Studios in Orchid B, and where B204 sits

All 25 studios →

B204 last sold in November 2017 at AED 1,197 per sqft, 18% below what studios in Orchid B were fetching at the time (AED 1,455). Over the last 12 months studios sold for AED 490,000, around AED 1,514 per sqft, and rent for AED 53,000 to 55,000 a year. B204's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 2026490,000
26 Jun 2025342,000
12 Dec 2024500,000
19 Nov 2024882,000
1 studio sale in the last 12 months

Orchid B

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 1,244
Typical sale
AED 960K
Typical rent
AED 69K /yr
Typical yield
7.6%
Orchid B, Damac Hills: prices, sales and rents →

Other units on the 2nd floor

All 84 units in Orchid B
Value
B2012-bedAED 1.47M · Jul 2022
B2023-bedAED 2.7M · Aug 2022
B2031-bedAED 1.22M · Mar 2018
B205StudioAED 565K · Feb 2024
B206StudioAED 748K · Dec 2017
B2071-bedAED 1.03M · Jul 2017
B208StudioAED 865K · Oct 2023
1–7 of 10

B204, Orchid B in numbers

  • Sold once: by DAMAC on 20 November 2017 for AED 696,000, or AED 1,197 per sqft.
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 33,000 to AED 29,000 in 2020 and recovered to AED 36,000 by November 2023.
  • At AED 36,000 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 8,500 a year (AED 14.68 per sqft).
  • Studios in Orchid B sold for AED 490,000–490,000 in the 12 months to November 2026; the building's median across all types is AED 1,244 per sqft.

Source: Dubai Land Department. Updated 17 November 2023.

Questions about B204, Orchid B

What did unit B204 last sell for?

AED 696,000 on 20 November 2017, sold by the developer: AED 1,197 per sqft for 581 sqft. It is the only registered sale of the unit.

What is the rent for unit B204?

AED 36,000 a year on the contract renewed on 17 November 2023. The previous contract, from November 2022, was AED 33,000; the unit has been rented since November 2019.

How big is unit B204?

581 sqft (54.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2018.

What is unit B204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Orchid B sold for AED 490,000 to 490,000 in the last 12 months, around AED 1,514 per sqft.

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Mortgage on B204, Orchid B

Starts from the last sale price (AED 696K, 20 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 696,000
Deposit, UAE resident (20%)
AED 139,200
Deposit, non-resident (40%)
AED 278,400
Monthly over 25 years at 3.7%
AED 2,848

Plus AED 34,242 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →