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

C-1001, Artesia Tower C

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-1001 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 763K11 January 2015
Current rentAED 45K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-1001, Artesia Tower C

What is C-1001 worth today?

Last sold for AED 762,850 in 2015

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16 Sep 2024RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
25 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 85 per sqft
11 Jan 2015Sold by developerOff-plan
AED 762,850AED 1,615 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2024.

Key facts

Type
Studio hotel apartment
Size
472 sqft
Parking
P1-227
Developer
DAMAC
Completed
2021
Service charge
AED 10,700 /yr
Last sold
AED 763K · January 2015

About C-1001, Artesia Tower C

C-1001 is a studio of 472 sqft of Artesia Tower C, a 22-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 11 January 2015 for AED 762,850, or AED 1,615 per sqft, in line with the AED 1,625 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 16 September 2024, is AED 45,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 10,700 a year.

Sales and rents for C-1001 over time

Sales
Unit C-1001, each saleTypical studio in Artesia Tower C
600K800K2014201820222026Typical sale price by year: 2014 AED 752,400; 2015 AED 750,025; 2016 AED 655,000; 2017 AED 659,000; 2018 AED 658,000; 2020 AED 558,000; 2021 AED 567,450; 2022 AED 519,500; 2023 AED 495,000; 2024 AED 545,000; 2025 AED 600,000; 2026 AED 625,000Sold by developer, January 2015: AED 762,850 (AED 1,615 per sqft)

C-1001 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit C-1001, each contractTypical studio in Artesia Tower C
40K50K2021202320252027Typical rent by year: 2021 AED 40,000; 2022 AED 35,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 51,750New contract, August 2023: AED 40,000 a yearNew contract, September 2024: AED 45,000 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 C, and where C-1001 sits

All 190 studios →

C-1001 last sold in January 2015 at AED 1,615 per sqft, in line with what studios in Artesia Tower C were fetching at the time (AED 1,625). Over the last 12 months studios sold for AED 562,634 to 705,000, around AED 1,316 per sqft, and rent for AED 40,000 to 63,000 a year. C-1001's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026615,000
9 Feb 2026705,000
3 Feb 2026562,634
29 Jan 2026635,000
9 studio sales in the last 12 months

Artesia Tower C

Building

35 apartments, studios to 3-bed over 22 floors in Damac Hills, completed in 2021 by DAMAC. 11 sold in the last 12 months.

Typical price per sqft
AED 1,323 Up 6.6%
Typical sale
AED 625K
Typical rent
AED 61K /yr
Typical yield
7.8%
Artesia Tower C, Damac Hills: prices, sales and rents →

C-1001, Artesia Tower C in numbers

  • Sold once: by DAMAC on 11 January 2015 for AED 762,850, or AED 1,615 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, from AED 40,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 10,700 a year (AED 22.59 per sqft).
  • Studios in Artesia Tower C sold for AED 562,634–705,000 in the 12 months to November 2026; the building's median across all types is AED 1,323 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2024.

Questions about C-1001, Artesia Tower C

What did unit C-1001 last sell for?

AED 762,850 on 11 January 2015, sold by the developer: AED 1,615 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit C-1001?

AED 45,000 a year on the contract signed on 16 September 2024. The previous contract, from August 2023, was AED 40,000.

How big is unit C-1001?

472 sqft (43.9 sqm): a studio of a 22-storey tower completed in 2021.

What is unit C-1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Artesia Tower C sold for AED 562,634 to 705,000 in the last 12 months, around AED 1,316 per sqft.

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Mortgage on C-1001, Artesia Tower C

Starts from the last sale price (AED 763K, 11 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 762,850
Deposit, UAE resident (20%)
AED 152,570
Deposit, non-resident (40%)
AED 305,140
Monthly over 25 years at 3.7%
AED 3,121

Plus AED 37,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →