Studio · 463 sqftArtesia Tower B, Damac Hills · completed 2021

B-1502, Artesia Tower B

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

Unit B-1502 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 564K1 September 2021
Current rentAED 45K /yr10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1502, Artesia Tower B

What is B-1502 worth today?

Last sold for AED 564,000 in 2021

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10 Nov 2025RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
10 Nov 2024RentedRenewal
AED 42,000/yr12 months · AED 91 per sqft
8 Nov 2023RentedRenewal
AED 36,000/yr12 months · AED 78 per sqft
6 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
1 Sep 2021Sold by developerReady
AED 564,000AED 1,218 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type
Studio apartment
Size
463 sqft
Parking
P1-164
Developer
DAMAC
Completed
2021
Service charge
AED 10,200 /yr
Last sold
AED 564K · September 2021

About B-1502, Artesia Tower B

B-1502 is a studio of 463 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 1 September 2021 for AED 564,000, or AED 1,218 per sqft.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 November 2025, is AED 45,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 10,200 a year.

Sales and rents for B-1502 over time

Sales
Unit B-1502, each saleTypical studio in Artesia Tower B
400K600K20142017202020232026Typical 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, September 2021: AED 564,000 (AED 1,218 per sqft)

B-1502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1502, each contractTypical studio in Artesia Tower B
40K2021202320252027Typical 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 2021: AED 30,000 a yearRenewal, November 2023: AED 36,000 a yearRenewal, November 2024: AED 42,000 a yearRenewal, November 2025: AED 45,000 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-1502 sits

All 78 studios →

B-1502's AED 45,000 is in the lower 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-1502, Artesia Tower B in numbers

  • Sold once: by DAMAC on 1 September 2021 for AED 564,000, or AED 1,218 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 30,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 10,200 a year (AED 21.96 per sqft).

Source: Dubai Land Department. Updated 10 November 2025.

Questions about B-1502, Artesia Tower B

What did unit B-1502 last sell for?

AED 564,000 on 1 September 2021, sold by the developer: AED 1,218 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1502?

AED 45,000 a year on the contract renewed on 10 November 2025. The previous contract, from November 2024, was AED 42,000; the unit has been rented since November 2021.

How big is unit B-1502?

463 sqft (43.0 sqm): a studio of a 23-storey tower completed in 2021.

What is unit B-1502 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-1502, Artesia Tower B

Starts from the last sale price (AED 564K, 1 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 564,000
Deposit, UAE resident (20%)
AED 112,800
Deposit, non-resident (40%)
AED 225,600
Monthly over 25 years at 3.7%
AED 2,307

Plus AED 28,698 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →