B701B, Orchid B
Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B701B, Orchid B
What is B701B worth today?
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Source: Dubai Land Department. Updated 17 April 2023.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 7th of 8
- Parking
- UP-9
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 6,300 /yr
- Last sold
- AED 622K · April 2014
- Building
- Orchid B
About B701B, Orchid B
B701B is a studio of 428 sqft on the 7th floor of Orchid B, a 8-storey tower in Damac Hills completed in 2018 by DAMAC. The developer sold it on 3 April 2014 for AED 622,250, or AED 1,454 per sqft, 4% below the AED 1,514 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 17 April 2023, is AED 36,750 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 6,300 a year.
Sales and rents for B701B over time
B701B has sold once; 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 B701B sits
All 25 studios →B701B last sold in April 2014 at AED 1,454 per sqft, 4% below what studios in Orchid B were fetching at the time (AED 1,514). 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. B701B's AED 36,750 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 | ||
| 12 Dec 202412 December 2024 | 335 sqft | 500,000 | 1,492 | ||
| 19 Nov 202419 November 2024 | 525 sqft | 882,000 | 1,680 |
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 7th floor
All 84 units in Orchid B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B701A | 1-bed | 1,303 sqft | AED 1.24MAED 1,238,720 · Dec 2022December 2022 | 60,000 /yr | |
| B702A | 2-bed | 1,695 sqft | AED 1.42MAED 1,421,000 · Dec 2021December 2021 | 85,000 /yr | |
| B702B | Studio | 333 sqft | AED 475KAED 475,000 · May 2024May 2024 | 39,000 /yr | |
| B703 | Studio | 485 sqft | AED 688KAED 688,000 · Nov 2017November 2017 | 45,000 /yr | |
| B704 | 2-bed | 1,526 sqft | AED 1.44MAED 1,439,050 · Feb 2020February 2020 | 140,000 /yr | |
| B705 | 1-bed | 850 sqft | AED 1.09MAED 1,091,550 · Apr 2014April 2014 | 72,000 /yr | |
| B706 | 1-bed | 887 sqft | AED 1.17MAED 1,166,400 · Jun 2014June 2014 | 77,000 /yr | |
| B707 | 1-bed | 852 sqft | AED 690KAED 690,000 · Jun 2022June 2022 | 80,000 /yr | |
| B708 | 2-bed | 1,487 sqft | AED 1.39MAED 1,385,500 · Feb 2020February 2020 | 150,000 /yr | |
| B709 | 1-bed | 771 sqft | AED 1.05MAED 1,054,500 · Apr 2014April 2014 | 75,204 /yr |
B701B, Orchid B in numbers
- Sold once: by DAMAC on 3 April 2014 for AED 622,250, or AED 1,454 per sqft.
- Rented since April 2021 on 2 Ejari contracts, from AED 35,000 to AED 36,750 a year.
- At AED 36,750 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 6,300 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 April 2023.
Questions about B701B, Orchid B
What did unit B701B last sell for?
AED 622,250 on 3 April 2014, sold by the developer: AED 1,454 per sqft for 428 sqft. It is the only registered sale of the unit.
What is the rent for unit B701B?
AED 36,750 a year on the contract renewed on 17 April 2023. The previous contract, from April 2021, was AED 35,000.
How big is unit B701B?
428 sqft (39.8 sqm): a studio on the 7th floor of a 8-storey tower completed in 2018.
What is unit B701B 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 B701B, Orchid B
Starts from the last sale price (AED 622K, 3 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 622,250
- Deposit, UAE resident (20%)
- AED 124,450
- Deposit, non-resident (40%)
- AED 248,900
- Monthly over 25 years at 3.7%
- AED 2,546
Plus AED 31,145 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →