B502B, Orchid B
Sold prices and rental history: sold 4 times, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B502B, Orchid B
What is B502B worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 335 sqft
- Floor
- 5th of 8
- Parking
- LP-1
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 4,900 /yr
- Last sold
- AED 500K · December 2024
- Building
- Orchid B
About B502B, Orchid B
B502B is a studio of 335 sqft on the 5th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. It last sold on 12 December 2024 for AED 500,000, or AED 1,492 per sqft, 15% above the AED 1,298 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 July 2023, is AED 32,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 4,900 a year.
Sales and rents for B502B over time
B502B has sold 4 times; the dashed line is the studio median of each year in the building.
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 B502B sits
All 25 studios →B502B last sold in December 2024 at AED 1,492 per sqft, 15% above what studios in Orchid B were fetching at the time (AED 1,298). 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. B502B's AED 32,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 323 sqft | 490,000 | 1,514 | ||
| 26 Jun 202526 June 2025 | 227 sqft | 342,000 | 1,509 | ||
| 19 Nov 202419 November 2024 | 525 sqft | 882,000 | 1,680 | ||
| 22 Aug 202422 August 2024 | 323 sqft | 420,000 | 1,298 |
Orchid B
Building84 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%
Other units on the 5th floor
All 84 units in Orchid B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B501A | 1-bed | 1,246 sqft | AED 1.03MAED 1,029,600 · Oct 2019October 2019 | ||
| B501B | 1-bed | 801 sqft | AED 991KAED 991,000 · Mar 2017March 2017 | 70,000 /yr | |
| B502A | 2-bed | 1,646 sqft | AED 1.63MAED 1,625,000 · Mar 2023March 2023 | 85,000 /yr | |
| B503 | 1-bed | 831 sqft | AED 920KAED 920,000 · Apr 2025April 2025 | 61,933 /yr | |
| B504 | Studio | 495 sqft | AED 755KAED 755,250 · May 2014May 2014 | 36,383 /yr | |
| B505 | Studio | 501 sqft | AED 752KAED 752,400 · Apr 2014April 2014 | ||
| B506 | Studio | 524 sqft | AED 512KAED 512,000 · Jan 2021January 2021 | 43,000 /yr | |
| B507 | 1-bed | 836 sqft | AED 1.07MAED 1,068,750 · May 2014May 2014 | 60,500 /yr | |
| B508 | 1-bed | 887 sqft | AED 1.02MAED 1,020,000 · Jan 2026January 2026 | 59,713 /yr | |
| B509 | 1-bed | 853 sqft | AED 700KAED 700,000 · Dec 2019December 2019 | ||
| B510 | 1-bed | 1,021 sqft | AED 1.22MAED 1,218,000 · Dec 2017December 2017 | 84,000 /yr | |
| B511 | 2-bed | 1,504 sqft | AED 1.96MAED 1,963,650 · Apr 2014April 2014 | 100,814 /yr |
B502B, Orchid B in numbers
- Sold 4 times: first on 13 November 2017 for AED 500,000, last on 12 December 2024 for AED 500,000 (AED 1,492 per sqft).
- Rented since February 2022 on 2 Ejari contracts, from AED 55,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 4,900 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 12 December 2024.
Questions about B502B, Orchid B
What did unit B502B last sell for?
AED 500,000 on 12 December 2024: AED 1,492 per sqft for 335 sqft. The unit has 4 registered sales; the first was AED 500,000 in November 2017.
What is the rent for unit B502B?
AED 32,000 a year on the contract signed on 20 July 2023. The previous contract, from February 2022, was AED 55,000.
How big is unit B502B?
335 sqft (31.1 sqm): a studio on the 5th floor of a 8-storey tower completed in 2018.
What is unit B502B 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 B502B, Orchid B
Starts from the last sale price (AED 500K, 12 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →