Studio · 524 sqftOrchid B, Damac Hills · 5th floor · completed 2018

B506, Orchid B

Sold prices and rental history: sold once, by the developer in January 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B506 · DLD and Ejari recordsUpdated 9 June 2025
Last soldAED 512K4 January 2021
Current rentAED 43K /yr9 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B506, Orchid B

What is B506 worth today?

Last sold for AED 512,000 in 2021

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9 Jun 2025RentedNew contract
AED 43,000/yr12 months · AED 82 per sqft
12 May 2024RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
9 Feb 2021RentedNew contract
AED 44,000/yr12 months · AED 84 per sqft
4 Jan 2021Sold by developerReady
AED 512,000AED 976 per sqft

Source: Dubai Land Department. Updated 9 June 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
5th of 8
Parking
LP-5
Developer
DAMAC
Completed
2018
Service charge
AED 7,700 /yr
Last sold
AED 512K · January 2021
Building
Orchid B

About B506, Orchid B

B506 is a studio of 524 sqft on the 5th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 4 January 2021 for AED 512,000, or AED 976 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 9 June 2025, is AED 43,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 7,700 a year.

Sales and rents for B506 over time

Sales
Unit B506, 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, January 2021: AED 512,000 (AED 976 per sqft)

B506 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B506, 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, February 2021: AED 44,000 a yearNew contract, May 2024: AED 45,000 a yearNew contract, June 2025: AED 43,000 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 B506 sits

All 25 studios →

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. B506's AED 43,000 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 5th floor

All 84 units in Orchid B
Value
B501A1-bedAED 1.03M · Oct 2019
B501B1-bedAED 991K · Mar 2017
B502A2-bedAED 1.63M · Mar 2023
B502BStudioAED 500K · Dec 2024
B5031-bedAED 920K · Apr 2025
B504StudioAED 755K · May 2014
B505StudioAED 752K · Apr 2014
1–7 of 12

B506, Orchid B in numbers

  • Sold once: by DAMAC on 4 January 2021 for AED 512,000, or AED 976 per sqft.
  • Rented since February 2021 on 3 Ejari contracts, from AED 44,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2021 price is 8.4%, before a service charge of about AED 7,700 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 9 June 2025.

Questions about B506, Orchid B

What did unit B506 last sell for?

AED 512,000 on 4 January 2021, sold by the developer: AED 976 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit B506?

AED 43,000 a year on the contract signed on 9 June 2025. The previous contract, from May 2024, was AED 45,000; the unit has been rented since February 2021.

How big is unit B506?

524 sqft (48.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2018.

What is unit B506 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 B506, Orchid B

Starts from the last sale price (AED 512K, 4 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 512,000
Deposit, UAE resident (20%)
AED 102,400
Deposit, non-resident (40%)
AED 204,800
Monthly over 25 years at 3.7%
AED 2,095

Plus AED 26,514 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →