Studio · 520 sqftOrchid B, Damac Hills · 3rd floor · completed 2018

B306, Orchid B

Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B306 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 754K12 October 2023
Current rentAED 48K /yr4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B306, Orchid B

What is B306 worth today?

Last sold for AED 754,000 in 2023

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4 Oct 2024RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
12 Oct 2023Sold by developerReady
AED 754,000AED 1,449 per sqft

Source: Dubai Land Department. Updated 4 October 2024.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
3rd of 8
Parking
LG-11
Developer
DAMAC
Completed
2018
Service charge
AED 7,600 /yr
Last sold
AED 754K · October 2023
Building
Orchid B

About B306, Orchid B

B306 is a studio of 520 sqft on the 3rd floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 12 October 2023 for AED 754,000, or AED 1,449 per sqft, in line with the AED 1,443 studios in the building were fetching at the time.

One Ejari contract is registered, from 4 October 2024. The current contract, signed on 4 October 2024, is AED 48,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 7,600 a year.

Sales and rents for B306 over time

Sales
Unit B306, 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, October 2023: AED 754,000 (AED 1,449 per sqft)

B306 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B306, 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, October 2024: AED 48,000 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 B306 sits

All 25 studios →

B306 last sold in October 2023 at AED 1,449 per sqft, in line with what studios in Orchid B were fetching at the time (AED 1,443). 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. B306's AED 48,000 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 3rd floor

All 84 units in Orchid B
Value
B3012-bedAED 1.11M · Dec 2021
B302A2-bedAED 1.38M · Apr 2022
B302BStudioAED 490K · Feb 2026
B3031-bedAED 776K · May 2022
B304StudioAED 783K · Aug 2023
B305StudioAED 882K · Nov 2024
B3071-bedAED 807K · Mar 2022
1–7 of 12

B306, Orchid B in numbers

  • Sold once: by DAMAC on 12 October 2023 for AED 754,000, or AED 1,449 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 7,600 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 4 October 2024.

Questions about B306, Orchid B

What did unit B306 last sell for?

AED 754,000 on 12 October 2023, sold by the developer: AED 1,449 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit B306?

AED 48,000 a year on the contract signed on 4 October 2024.

How big is unit B306?

520 sqft (48.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2018.

What is unit B306 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 B306, Orchid B

Starts from the last sale price (AED 754K, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 754,000
Deposit, UAE resident (20%)
AED 150,800
Deposit, non-resident (40%)
AED 301,600
Monthly over 25 years at 3.7%
AED 3,085

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