B-1602, Artesia Tower B
Sold prices and rental history: sold once, by the developer in November 2014, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-1602, Artesia Tower B
What is B-1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 463 sqft
- Parking
- P1-334
- Developer
- DAMAC
- Completed
- 2021
- Service charge
- AED 10,200 /yr
- Last sold
- AED 675K · November 2014
- Building
- Artesia Tower B
About B-1602, Artesia Tower B
B-1602 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 2 November 2014 for AED 674,700, or AED 1,457 per sqft, 7% below the AED 1,570 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 April 2025. The current contract, signed on 20 April 2025, is AED 52,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 10,200 a year.
Sales and rents for B-1602 over time
B-1602 has sold once; the dashed line is the studio median of each year in the building.
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-1602 sits
All 78 studios →B-1602 last sold in November 2014 at AED 1,457 per sqft, 7% below what studios in Artesia Tower B were fetching at the time (AED 1,570). B-1602's AED 52,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202523 June 2025 | 473 sqft | 760,000 | 1,605 | ||
| 10 Jun 202510 June 2025 | 578 sqft | 585,000 | 1,011 | ||
| 20 May 202520 May 2025 | 473 sqft | 575,000 | 1,214 | ||
| 7 May 20257 May 2025 | 472 sqft | 550,000 | 1,164 |
Artesia Tower B
Building19 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%
B-1602, Artesia Tower B in numbers
- Sold once: by DAMAC on 2 November 2014 for AED 674,700, or AED 1,457 per sqft.
- Rented since April 2025 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2014 price is 7.7%, before a service charge of about AED 10,200 a year (AED 21.96 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2025.
Questions about B-1602, Artesia Tower B
What did unit B-1602 last sell for?
AED 674,700 on 2 November 2014, sold by the developer: AED 1,457 per sqft for 463 sqft. It is the only registered sale of the unit.
What is the rent for unit B-1602?
AED 52,000 a year on the contract signed on 20 April 2025.
How big is unit B-1602?
463 sqft (43.0 sqm): a studio of a 23-storey tower completed in 2021.
What is unit B-1602 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-1602, Artesia Tower B
Starts from the last sale price (AED 675K, 2 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 674,700
- Deposit, UAE resident (20%)
- AED 134,940
- Deposit, non-resident (40%)
- AED 269,880
- Monthly over 25 years at 3.7%
- AED 2,760
Plus AED 33,347 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →