1-bed · 939 sqftArtesia Tower B, Damac Hills · completed 2021

B-1206, Artesia Tower B

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1206 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 750K16 January 2023
Current rentAED 75K /yr31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1206, Artesia Tower B

What is B-1206 worth today?

Last sold for AED 750,000 in 2023

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31 Oct 2024RentedRenewal
AED 75,000/yr12 months · AED 80 per sqft
31 Oct 2023RentedRenewal
AED 70,000/yr12 months · AED 75 per sqft
16 Jan 2023SoldReady
AED 750,000AED 798 per sqft
31 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft
31 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft
6 Aug 2014Sold by developerOff-plan
AED 1,381,300AED 1,470 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2024.

Key facts

Type
1-bed hotel apartment
Size
939 sqft
Parking
P1-330
Developer
DAMAC
Completed
2021
Service charge
AED 20,600 /yr
Last sold
AED 750K · January 2023

About B-1206, Artesia Tower B

B-1206 is a one-bedroom hotel apartment of 939 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. It last sold on 16 January 2023 for AED 750,000, or AED 798 per sqft, 27% below the AED 1,088 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 31 October 2024, is AED 75,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 20,600 a year.

Sales and rents for B-1206 over time

Sales
Unit B-1206, each saleTypical one-bed in Artesia Tower B
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,367,050; 2015 AED 1,400,000; 2019 AED 1,095,125; 2020 AED 1,100,800; 2022 AED 1,019,000; 2023 AED 980,000; 2024 AED 930,000; 2025 AED 1,050,000Sold by developer, August 2014: AED 1,381,300 (AED 1,470 per sqft)Sold, January 2023: AED 750,000 (AED 798 per sqft)

B-1206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1206, each contractTypical one-bed in Artesia Tower B
70K80K2021202320252027Typical rent by year: 2021 AED 64,500; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,000New contract, October 2022: AED 70,000 a yearNew contract, October 2022: AED 70,000 a yearRenewal, October 2023: AED 70,000 a yearRenewal, October 2024: AED 75,000 a year

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

1-beds in Artesia Tower B, and where B-1206 sits

All 68 1-beds →

B-1206 last sold in January 2023 at AED 798 per sqft, 27% below what one-beds in Artesia Tower B were fetching at the time (AED 1,088). Over the last 12 months one-beds sold for AED 975,000 to 1,200,000, around AED 1,205 per sqft, and rent for AED 68,250 to 85,000 a year. B-1206's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 2026990,000
13 Jan 2026975,000
19 Dec 20251,200,000
21 Jul 20251,080,000
3 1-bed sales in the last 12 months

Artesia Tower B

Building

19 apartments, studios to 3-bed over 23 floors in Damac Hills, completed in 2021 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,187
Typical sale
AED 1.1M
Typical rent
AED 80K /yr
Typical yield
8.4%
Artesia Tower B, Damac Hills: prices, sales and rents →

B-1206, Artesia Tower B in numbers

  • Sold twice: first on 6 August 2014 for AED 1,381,300, last on 16 January 2023 for AED 750,000 (AED 798 per sqft).
  • Rented since October 2022 on 4 Ejari contracts, from AED 70,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 20,600 a year (AED 21.96 per sqft).
  • One-beds in Artesia Tower B sold for AED 975,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,187 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2024.

Questions about B-1206, Artesia Tower B

What did unit B-1206 last sell for?

AED 750,000 on 16 January 2023: AED 798 per sqft for 939 sqft. The unit has 2 registered sales; the first was AED 1,381,300 in August 2014.

What is the rent for unit B-1206?

AED 75,000 a year on the contract renewed on 31 October 2024. The previous contract, from October 2023, was AED 70,000; the unit has been rented since October 2022.

How big is unit B-1206?

939 sqft (87.2 sqm): a one-bedroom hotel apartment of a 23-storey tower completed in 2021.

What is unit B-1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Artesia Tower B sold for AED 975,000 to 1,200,000 in the last 12 months, around AED 1,205 per sqft.

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Mortgage on B-1206, Artesia Tower B

Starts from the last sale price (AED 750K, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →