Studio · 472 sqftArtesia Tower B, Damac Hills · completed 2021

B-1701, Artesia Tower B

Sold prices and rental history: sold once, by the developer in July 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1701 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 747K14 July 2014
Current rentAED 32K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1701, Artesia Tower B

What is B-1701 worth today?

Last sold for AED 746,700 in 2014

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1 Nov 2023RentedRenewal
AED 32,000/yr12 months · AED 68 per sqft
1 Nov 2022RentedNew contract
AED 32,000/yr12 months · AED 68 per sqft
14 Jul 2014Sold by developerOff-plan
AED 746,700AED 1,580 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Key facts

Type
Studio hotel apartment
Size
472 sqft
Parking
P1-50
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 747K · July 2014

About B-1701, Artesia Tower B

B-1701 is a studio of 472 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 14 July 2014 for AED 746,700, or AED 1,580 per sqft, in line with the AED 1,559 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 32,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1701 over time

Sales
Unit B-1701, 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, July 2014: AED 746,700 (AED 1,580 per sqft)

B-1701 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1701, 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 32,000 a yearRenewal, November 2023: AED 32,000 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-1701 sits

All 78 studios →

B-1701 last sold in July 2014 at AED 1,580 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,559). B-1701's AED 32,000 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
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-1701, Artesia Tower B in numbers

  • Sold once: by DAMAC on 14 July 2014 for AED 746,700, or AED 1,580 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, at AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2014 price is 4.3%, 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 1 November 2023.

Questions about B-1701, Artesia Tower B

What did unit B-1701 last sell for?

AED 746,700 on 14 July 2014, sold by the developer: AED 1,580 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1701?

AED 32,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 32,000.

How big is unit B-1701?

472 sqft (43.9 sqm): a studio of a 23-storey tower completed in 2021.

What is unit B-1701 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-1701, Artesia Tower B

Starts from the last sale price (AED 747K, 14 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 746,700
Deposit, UAE resident (20%)
AED 149,340
Deposit, non-resident (40%)
AED 298,680
Monthly over 25 years at 3.7%
AED 3,055

Plus AED 36,371 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →