B-805, Artesia Tower B
Sold prices and rental history: sold once, by the developer in October 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-805, Artesia Tower B
What is B-805 worth today?
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Source: Dubai Land Department. Updated 25 January 2024.
Key facts
- Type
- Hotel apartment
- Size
- 324 sqft
- Parking
- P2-192
- Developer
- DAMAC
- Completed
- 2021
- Service charge
- AED 7,100 /yr
- Last sold
- AED 1.44M · October 2014
- Building
- Artesia Tower B
About B-805, Artesia Tower B
B-805 is a hotel apartment of 324 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 1 October 2014 for AED 1,441,150, or AED 1,781 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 25 January 2024, is AED 75,000 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 7,100 a year.
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-805, Artesia Tower B in numbers
- Sold once: by DAMAC on 1 October 2014 for AED 1,441,150, or AED 1,781 per sqft.
- Rented since November 2022 on 3 Ejari contracts, from AED 70,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2014 price is 5.2%, before a service charge of about AED 7,100 a year (AED 21.96 per sqft).
Source: Dubai Land Department. Updated 25 January 2024.
Questions about B-805, Artesia Tower B
What did unit B-805 last sell for?
AED 1,441,150 on 1 October 2014, sold by the developer: AED 1,781 per sqft for 324 sqft. It is the only registered sale of the unit.
What is the rent for unit B-805?
AED 75,000 a year on the contract signed on 25 January 2024. The previous contract, from November 2023, was AED 90,000; the unit has been rented since November 2022.
How big is unit B-805?
324 sqft (30.1 sqm): a hotel apartment of a 23-storey tower completed in 2021.
What is unit B-805 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-805, Artesia Tower B
Starts from the last sale price (AED 1.44M, 1 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,441,150
- Deposit, UAE resident (20%)
- AED 288,230
- Deposit, non-resident (40%)
- AED 576,460
- Monthly over 25 years at 3.7%
- AED 5,896
Plus AED 65,538 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →