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

B-1801, Artesia Tower B

Sold prices and rental history: sold twice, last in May 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1801 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 420K11 May 2023
Current rentAED 48K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1801, Artesia Tower B

What is B-1801 worth today?

Last sold for AED 420,000 in 2023

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20 Nov 2024RentedRenewal
AED 48,000/yr12 months · AED 102 per sqft
20 Nov 2023RentedNew contract
AED 46,000/yr12 months · AED 97 per sqft
11 May 2023SoldReady
AED 420,000AED 889 per sqft
2 Nov 2014Sold by developerOff-plan
AED 746,700AED 1,581 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2024.

Key facts

Type
Studio hotel apartment
Size
472 sqft
Parking
P1-28
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 420K · May 2023

About B-1801, Artesia Tower B

B-1801 is a studio of 472 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. It last sold on 11 May 2023 for AED 420,000, or AED 889 per sqft, 18% below the AED 1,084 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 48,000 a year: a gross yield of 11.4% on the 2023 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1801 over time

Sales
Unit B-1801, 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, November 2014: AED 746,700 (AED 1,581 per sqft)Sold, May 2023: AED 420,000 (AED 889 per sqft)

B-1801 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B-1801, each contractTypical studio in Artesia Tower B
40K50K202220242026Typical 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 2023: AED 46,000 a yearRenewal, November 2024: AED 48,000 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-1801 sits

All 78 studios →

B-1801 last sold in May 2023 at AED 889 per sqft, 18% below what studios in Artesia Tower B were fetching at the time (AED 1,084). B-1801's AED 48,000 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-1801, Artesia Tower B in numbers

  • Sold twice: first on 2 November 2014 for AED 746,700, last on 11 May 2023 for AED 420,000 (AED 889 per sqft).
  • Rented since November 2023 on 2 Ejari contracts, from AED 46,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 11.4%, 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 20 November 2024.

Questions about B-1801, Artesia Tower B

What did unit B-1801 last sell for?

AED 420,000 on 11 May 2023: AED 889 per sqft for 472 sqft. The unit has 2 registered sales; the first was AED 746,700 in November 2014.

What is the rent for unit B-1801?

AED 48,000 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 46,000.

How big is unit B-1801?

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

What is unit B-1801 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-1801, Artesia Tower B

Starts from the last sale price (AED 420K, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

Plus AED 20,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →