1-bed · 809 sqftArtesia Tower B, Damac Hills · completed 2021

B-1605, Artesia Tower B

Sold prices and rental history: sold once, by the developer in November 2014, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1605 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.28M2 November 2014
Current rentAED 80K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1605, Artesia Tower B

What is B-1605 worth today?

Last sold for AED 1,283,100 in 2014

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15 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
2 Nov 2014Sold by developerOff-plan
AED 1,283,100AED 1,585 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Key facts

Type
1-bed hotel apartment
Size
809 sqft
Parking
P1-336
Developer
DAMAC
Completed
2021
Service charge
AED 17,800 /yr
Last sold
AED 1.28M · November 2014

About B-1605, Artesia Tower B

B-1605 is a one-bedroom hotel apartment of 809 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 1,283,100, or AED 1,585 per sqft, 6% above the AED 1,498 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2024. The current contract, signed on 15 December 2024, is AED 80,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 17,800 a year.

Sales and rents for B-1605 over time

Sales
Unit B-1605, each saleTypical one-bed in Artesia Tower B
1M1.25M20142017202020232026Typical sale price by year: 2014 AED 1,367,050; 2015 AED 1,400,000; 2019 AED 1,095,125; 2020 AED 1,100,800; 2022 AED 1,019,000; 2023 AED 980,000; 2024 AED 930,000; 2025 AED 1,050,000Sold by developer, November 2014: AED 1,283,100 (AED 1,585 per sqft)

B-1605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1605, each contractTypical one-bed in Artesia Tower B
70K80K2021202320252027Typical rent by year: 2021 AED 64,500; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,000New contract, December 2024: AED 80,000 a year

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

1-beds in Artesia Tower B, and where B-1605 sits

All 68 1-beds →

B-1605 last sold in November 2014 at AED 1,585 per sqft, 6% above what one-beds in Artesia Tower B were fetching at the time (AED 1,498). Over the last 12 months one-beds sold for AED 975,000 to 1,200,000, around AED 1,205 per sqft, and rent for AED 68,250 to 85,000 a year. B-1605's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 2026990,000
13 Jan 2026975,000
19 Dec 20251,200,000
21 Jul 20251,080,000
3 1-bed 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-1605, Artesia Tower B in numbers

  • Sold once: by DAMAC on 2 November 2014 for AED 1,283,100, or AED 1,585 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 17,800 a year (AED 21.96 per sqft).
  • One-beds in Artesia Tower B sold for AED 975,000–1,200,000 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 15 December 2024.

Questions about B-1605, Artesia Tower B

What did unit B-1605 last sell for?

AED 1,283,100 on 2 November 2014, sold by the developer: AED 1,585 per sqft for 809 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1605?

AED 80,000 a year on the contract signed on 15 December 2024.

How big is unit B-1605?

809 sqft (75.2 sqm): a one-bedroom hotel apartment of a 23-storey tower completed in 2021.

What is unit B-1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Artesia Tower B sold for AED 975,000 to 1,200,000 in the last 12 months, around AED 1,205 per sqft.

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Mortgage on B-1605, Artesia Tower B

Starts from the last sale price (AED 1.28M, 2 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,283,100
Deposit, UAE resident (20%)
AED 256,620
Deposit, non-resident (40%)
AED 513,240
Monthly over 25 years at 3.7%
AED 5,250

Plus AED 58,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →