Studio · 473 sqftArtesia Tower B, Damac Hills · completed 2021

B-1211, Artesia Tower B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1211 · DLD and Ejari recordsUpdated 3 December 2024
Last soldAED 756K6 August 2014
Current rentAED 50K /yr3 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1211, Artesia Tower B

What is B-1211 worth today?

Last sold for AED 756,200 in 2014

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3 Dec 2024RentedRenewal
AED 50,000/yr12 months · AED 106 per sqft
3 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
3 Dec 2023RentedRenewal
AED 45,000/yr12 months · AED 95 per sqft
3 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
6 Aug 2014Sold by developerOff-plan
AED 756,200AED 1,597 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2024.

Key facts

Type
Studio hotel apartment
Size
473 sqft
Parking
P1-217
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 756K · August 2014

About B-1211, Artesia Tower B

B-1211 is a studio of 473 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 6 August 2014 for AED 756,200, or AED 1,597 per sqft, in line with the AED 1,570 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 3 December 2024, is AED 50,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1211 over time

Sales
Unit B-1211, each saleTypical studio in Artesia Tower B
400K600K800K20142017202020232026Typical sale price by year: 2014 AED 736,250; 2022 AED 517,000; 2023 AED 420,000; 2024 AED 528,000; 2025 AED 575,000Sold by developer, August 2014: AED 756,200 (AED 1,597 per sqft)

B-1211 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1211, each contractTypical studio in Artesia Tower B
40K50K202220242026Typical rent by year: 2022 AED 36,500; 2023 AED 40,900; 2024 AED 46,000; 2025 AED 48,000; 2026 AED 52,500New contract, December 2022: AED 40,000 a yearNew contract, December 2023: AED 45,000 a yearRenewal, December 2023: AED 45,000 a yearRenewal, December 2024: AED 50,000 a year

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

Studios in Artesia Tower B, and where B-1211 sits

All 78 studios →

B-1211 last sold in August 2014 at AED 1,597 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,570). B-1211's AED 50,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2025760,000
10 Jun 2025585,000
20 May 2025575,000
7 May 2025550,000
0 studio 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-1211, Artesia Tower B in numbers

  • Sold once: by DAMAC on 6 August 2014 for AED 756,200, or AED 1,597 per sqft.
  • Rented since December 2022 on 4 Ejari contracts, from AED 40,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 10,400 a year (AED 21.96 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2024.

Questions about B-1211, Artesia Tower B

What did unit B-1211 last sell for?

AED 756,200 on 6 August 2014, sold by the developer: AED 1,597 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1211?

AED 50,000 a year on the contract renewed on 3 December 2024. The previous contract, from December 2023, was AED 45,000; the unit has been rented since December 2022.

How big is unit B-1211?

473 sqft (43.9 sqm): a studio of a 23-storey tower completed in 2021.

What is unit B-1211 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B-1211, Artesia Tower B

Starts from the last sale price (AED 756K, 6 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 756,200
Deposit, UAE resident (20%)
AED 151,240
Deposit, non-resident (40%)
AED 302,480
Monthly over 25 years at 3.7%
AED 3,094

Plus AED 36,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →