C-503B, Artesia Tower C
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for C-503B, Artesia Tower C
What is C-503B worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 673 sqft
- Parking
- P2-281
- Developer
- DAMAC
- Completed
- 2021
- Service charge
- AED 15,200 /yr
- Last sold
- AED 858K · November 2022
- Building
- Artesia Tower C
About C-503B, Artesia Tower C
C-503B is a studio of 673 sqft of Artesia Tower C, a 22-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 23 November 2022 for AED 858,000, or AED 1,274 per sqft, 15% above the AED 1,109 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 12 August 2024, is AED 50,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 15,200 a year.
Sales and rents for C-503B over time
C-503B 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 C, and where C-503B sits
All 190 studios →C-503B last sold in November 2022 at AED 1,274 per sqft, 15% above what studios in Artesia Tower C were fetching at the time (AED 1,109). 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-503B's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 472 sqft | 615,000 | 1,302 | ||
| 9 Feb 20269 February 2026 | 798 sqft | 705,000 | 883 | ||
| 3 Feb 20263 February 2026 | 519 sqft | 562,634 | 1,084 | ||
| 29 Jan 202629 January 2026 | 457 sqft | 635,000 | 1,389 |
Artesia Tower C
Building35 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%
C-503B, Artesia Tower C in numbers
- Sold once: by DAMAC on 23 November 2022 for AED 858,000, or AED 1,274 per sqft.
- Rented since February 2024 on 2 Ejari contracts, from AED 44,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 15,200 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 12 August 2024.
Questions about C-503B, Artesia Tower C
What did unit C-503B last sell for?
AED 858,000 on 23 November 2022, sold by the developer: AED 1,274 per sqft for 673 sqft. It is the only registered sale of the unit.
What is the rent for unit C-503B?
AED 50,000 a year on the contract signed on 12 August 2024. The previous contract, from February 2024, was AED 44,000.
How big is unit C-503B?
673 sqft (62.5 sqm): a studio of a 22-storey tower completed in 2021.
What is unit C-503B 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-503B, Artesia Tower C
Starts from the last sale price (AED 858K, 23 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 858,000
- Deposit, UAE resident (20%)
- AED 171,600
- Deposit, non-resident (40%)
- AED 343,200
- Monthly over 25 years at 3.7%
- AED 3,510
Plus AED 41,046 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →