Studio · 472 sqftArtesia Tower B, Damac Hills · 15th floor · completed 2021

B-1501, Artesia Tower B

Sold prices and rental history: sold twice, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1501 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 550K7 May 2025
Current rentAED 44K /yr17 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1501, Artesia Tower B

What is B-1501 worth today?

Last sold for AED 550,000 in 2025

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7 May 2025SoldReady
AED 550,000AED 1,164 per sqft
17 Aug 2024RentedRenewal
AED 43,500/yr12 months · AED 94 per sqft
18 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
24 Nov 2022RentedNew contract
AED 33,000/yr12 months · AED 70 per sqft
4 Dec 2014Sold by developerOff-plan
AED 781,850AED 1,655 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 May 2025.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
15th of 23
Parking
P1-163
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 550K · May 2025

About B-1501, Artesia Tower B

B-1501 is a studio of 472 sqft on the 15th floor of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. It last sold on 7 May 2025 for AED 550,000, or AED 1,164 per sqft, in line with the AED 1,191 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 17 August 2024, is AED 43,500 a year: a gross yield of 7.9% on the 2025 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1501 over time

Sales
Unit B-1501, 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, December 2014: AED 781,850 (AED 1,655 per sqft)Sold, May 2025: AED 550,000 (AED 1,164 per sqft)

B-1501 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B-1501, each contractTypical studio in Artesia Tower B
30K40K50K202220242026Typical rent by year: 2022 AED 36,500; 2023 AED 40,900; 2024 AED 46,000; 2025 AED 48,000; 2026 AED 52,500New contract, November 2022: AED 33,000 a yearNew contract, August 2023: AED 40,000 a yearRenewal, August 2024: AED 43,500 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-1501 sits

All 78 studios →

B-1501 last sold in May 2025 at AED 1,164 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,191). B-1501's AED 43,500 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2025760,000
10 Jun 2025585,000
20 May 2025575,000
20 Mar 2025575,000
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 →

Other units on the 15th floor

All 19 units in Artesia Tower B
Value
B-15033-bedAED 2.05M · Mar 2025

B-1501, Artesia Tower B in numbers

  • Sold twice: first on 4 December 2014 for AED 781,850, last on 7 May 2025 for AED 550,000 (AED 1,164 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 33,000 to AED 43,500 a year.
  • At AED 43,500 a year the gross yield on the 2025 price is 7.9%, 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 7 May 2025.

Questions about B-1501, Artesia Tower B

What did unit B-1501 last sell for?

AED 550,000 on 7 May 2025: AED 1,164 per sqft for 472 sqft. The unit has 2 registered sales; the first was AED 781,850 in December 2014.

What is the rent for unit B-1501?

AED 43,500 a year on the contract renewed on 17 August 2024. The previous contract, from August 2023, was AED 40,000; the unit has been rented since November 2022.

How big is unit B-1501?

472 sqft (43.9 sqm): a studio on the 15th floor of a 23-storey tower completed in 2021.

What is unit B-1501 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-1501, Artesia Tower B

Starts from the last sale price (AED 550K, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →