Studio · 460 sqftArtesia Tower C, Damac Hills · completed 2021

C-307, Artesia Tower C

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

Unit C-307 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 440K8 June 2023
Current rentAED 45K /yr8 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-307, Artesia Tower C

What is C-307 worth today?

Last sold for AED 440,000 in 2023

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8 Aug 2024RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
28 Sep 2023RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
8 Jun 2023SoldReady
AED 440,000AED 957 per sqft
24 Aug 2014Sold by developerOff-plan
AED 621,300AED 1,352 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2024.

Key facts

Type
Studio hotel apartment
Size
460 sqft
Parking
P2-53
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 440K · June 2023

About C-307, Artesia Tower C

C-307 is a studio of 460 sqft of Artesia Tower C, a 22-storey tower in Damac Hills completed in 2021 by DAMAC. It last sold on 8 June 2023 for AED 440,000, or AED 957 per sqft, 13% below the AED 1,103 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 8 August 2024, is AED 45,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 10,400 a year.

Sales and rents for C-307 over time

Sales
Unit C-307, each saleTypical studio in Artesia Tower C
400K600K800K2014201820222026Typical 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, August 2014: AED 621,300 (AED 1,352 per sqft)Sold, June 2023: AED 440,000 (AED 957 per sqft)

C-307 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit C-307, 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, September 2023: AED 43,000 a yearNew contract, August 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-307 sits

All 190 studios →

C-307 last sold in June 2023 at AED 957 per sqft, 13% below what studios in Artesia Tower C were fetching at the time (AED 1,103). 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-307'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. 12 sold in the last 12 months.

Typical price per sqft
AED 1,320 Up 6.6%
Typical sale
AED 630K
Typical rent
AED 59K /yr
Typical yield
7.8%
Artesia Tower C, Damac Hills: prices, sales and rents →

C-307, Artesia Tower C in numbers

  • Sold twice: first on 24 August 2014 for AED 621,300, last on 8 June 2023 for AED 440,000 (AED 957 per sqft).
  • Rented since September 2023 on 2 Ejari contracts, from AED 43,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 10,400 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 1,320 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2024.

Questions about C-307, Artesia Tower C

What did unit C-307 last sell for?

AED 440,000 on 8 June 2023: AED 957 per sqft for 460 sqft. The unit has 2 registered sales; the first was AED 621,300 in August 2014.

What is the rent for unit C-307?

AED 45,000 a year on the contract signed on 8 August 2024. The previous contract, from September 2023, was AED 43,000.

How big is unit C-307?

460 sqft (42.7 sqm): a studio of a 22-storey tower completed in 2021.

What is unit C-307 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-307, Artesia Tower C

Starts from the last sale price (AED 440K, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

Plus AED 21,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →