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2-bed · 1,215 sqftArtesia Tower B, Damac Hills · completed 2021

B-1508, Artesia Tower B

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1508 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 1.64M10 September 2019
Current rentAED 100K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1508, Artesia Tower B

What is B-1508 worth today?

Last sold for AED 1,638,000 in 2019

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10 Feb 2025RentedRenewal
AED 100,000/yr12 months · AED 82 per sqft
10 Feb 2024RentedRenewal
AED 100,000/yr12 months · AED 82 per sqft
10 Feb 2023RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft
8 Nov 2021RentedNew contract
AED 95,000/yr13 months · AED 78 per sqft
10 Sep 2019Sold by developerOff-plan
AED 1,638,000AED 1,348 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.

Key facts

Type
2-bed apartment
Size
1,215 sqft
Parking
P1-169
Developer
DAMAC
Completed
2021
Service charge
AED 26,700 /yr
Last sold
AED 1.64M · September 2019
Building
Artesia Tower B

About B-1508, Artesia Tower B

B-1508 is a two-bedroom apartment of 1,215 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 10 September 2019 for AED 1,638,000, or AED 1,348 per sqft, in line with the AED 1,348 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 100,000 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 26,700 a year.

Sales and rents for B-1508 over time

Sales
Unit B-1508, each saleTypical two-bed in Artesia Tower B
1.5M20142017202020232026Typical sale price by year: 2014 AED 1,820,000; 2019 AED 1,644,000; 2020 AED 1,155,555; 2021 AED 1,429,000; 2022 AED 1,322,000; 2023 AED 1,250,000; 2024 AED 1,475,000; 2025 AED 1,587,500Sold by developer, September 2019: AED 1,638,000 (AED 1,348 per sqft)

B-1508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-1508, each contractTypical two-bed in Artesia Tower B
100K120K2021202320252027Typical rent by year: 2021 AED 95,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 119,678; 2025 AED 115,000; 2026 AED 128,000New contract, November 2021: AED 95,000 a yearNew contract, February 2023: AED 95,000 a yearRenewal, February 2024: AED 100,000 a yearRenewal, February 2025: AED 100,000 a year

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

2-beds in Artesia Tower B, and where B-1508 sits

All 56 2-beds →

B-1508 last sold in September 2019 at AED 1,348 per sqft, in line with what two-beds in Artesia Tower B were fetching at the time (AED 1,348). Over the last 12 months two-beds sold for AED 1,600,000, around AED 1,169 per sqft, and rent for AED 120,000 to 138,000 a year. B-1508's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20251,575,000
4 Jun 20251,625,000
6 Mar 20251,600,000
8 Jan 20251,450,000
1 2-bed sale 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-1508, Artesia Tower B in numbers

  • Sold once: by DAMAC on 10 September 2019 for AED 1,638,000, or AED 1,348 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 95,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 6.1%, before a service charge of about AED 26,700 a year (AED 21.96 per sqft).
  • Two-beds in Artesia Tower B sold for AED 1,600,000–1,600,000 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 10 February 2025.

Questions about B-1508, Artesia Tower B

What did unit B-1508 last sell for?

AED 1,638,000 on 10 September 2019, sold by the developer: AED 1,348 per sqft for 1,215 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1508?

AED 100,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 100,000; the unit has been rented since November 2021.

How big is unit B-1508?

1,215 sqft (112.9 sqm): a two-bedroom apartment of a 23-storey tower completed in 2021.

What is unit B-1508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Artesia Tower B sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 1,169 per sqft.

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Mortgage on B-1508, Artesia Tower B

Starts from the last sale price (AED 1.64M, 10 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,638,000
Deposit, UAE resident (20%)
AED 327,600
Deposit, non-resident (40%)
AED 655,200
Monthly over 25 years at 3.7%
AED 6,702

Plus AED 73,806 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →