B-701, Artesia Tower B
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-701, Artesia Tower B
What is B-701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 472 sqft
- Parking
- P2-316
- Developer
- DAMAC
- Completed
- 2021
- Service charge
- AED 10,400 /yr
- Last sold
- AED 512K · August 2022
- Building
- Artesia Tower B
About B-701, Artesia Tower B
B-701 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 13 August 2022 for AED 512,000, or AED 1,084 per sqft, in line with the AED 1,095 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 16 December 2024, is AED 52,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 10,400 a year.
Sales and rents for B-701 over time
B-701 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-701 sits
All 78 studios →B-701 last sold in August 2022 at AED 1,084 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,095). B-701'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-701, Artesia Tower B in numbers
- Sold once: by DAMAC on 13 August 2022 for AED 512,000, or AED 1,084 per sqft.
- Rented since May 2023 on 3 Ejari contracts, from AED 45,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2022 price is 10.2%, 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 16 December 2024.
Questions about B-701, Artesia Tower B
What did unit B-701 last sell for?
AED 512,000 on 13 August 2022, sold by the developer: AED 1,084 per sqft for 472 sqft. It is the only registered sale of the unit.
What is the rent for unit B-701?
AED 52,000 a year on the contract signed on 16 December 2024. The previous contract, from May 2024, was AED 47,000; the unit has been rented since May 2023.
How big is unit B-701?
472 sqft (43.9 sqm): a studio of a 23-storey tower completed in 2021.
What is unit B-701 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-701, Artesia Tower B
Starts from the last sale price (AED 512K, 13 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 512,000
- Deposit, UAE resident (20%)
- AED 102,400
- Deposit, non-resident (40%)
- AED 204,800
- Monthly over 25 years at 3.7%
- AED 2,095
Plus AED 26,514 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →