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

B-505, 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-505 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.33M13 November 2014
Current rentAED 68K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-505, Artesia Tower B

What is B-505 worth today?

Last sold for AED 1,332,850 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2024RentedRenewal
AED 68,000/yr12 months · AED 84 per sqft
13 Nov 2014Sold by developerOff-plan
AED 1,332,850AED 1,647 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2024.

Key facts

Type
1-bed hotel apartment
Size
809 sqft
Parking
P2-36
Developer
DAMAC
Completed
2021
Service charge
AED 17,800 /yr
Last sold
AED 1.33M · November 2014

About B-505, Artesia Tower B

B-505 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 13 November 2014 for AED 1,332,850, or AED 1,647 per sqft, 10% above the AED 1,504 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2024. The current contract, renewed on 1 December 2024, is AED 68,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 17,800 a year.

Sales and rents for B-505 over time

Sales
Unit B-505, 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 1,332,850 (AED 1,647 per sqft)

B-505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-505, 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 80,000Renewal, December 2024: AED 68,000 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-505 sits

All 68 1-beds →

B-505 last sold in November 2014 at AED 1,647 per sqft, 10% above what one-beds in Artesia Tower B were fetching at the time (AED 1,504). 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-505's AED 68,000 is at the bottom 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-505, Artesia Tower B in numbers

  • Sold once: by DAMAC on 13 November 2014 for AED 1,332,850, or AED 1,647 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2014 price is 5.1%, 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 1 December 2024.

Questions about B-505, Artesia Tower B

What did unit B-505 last sell for?

AED 1,332,850 on 13 November 2014, sold by the developer: AED 1,647 per sqft for 809 sqft. It is the only registered sale of the unit.

What is the rent for unit B-505?

AED 68,000 a year on the contract renewed on 1 December 2024.

How big is unit B-505?

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

What is unit B-505 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.

Selling B-505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B-505, Artesia Tower B

Starts from the last sale price (AED 1.33M, 13 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,332,850
Deposit, UAE resident (20%)
AED 266,570
Deposit, non-resident (40%)
AED 533,140
Monthly over 25 years at 3.7%
AED 5,453

Plus AED 60,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →