Studio · 463 sqftArtesia Tower C, Damac Hills · completed 2021

C-702, Artesia Tower C

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-702 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 747K12 August 2014
Current rentAED 34K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-702, Artesia Tower C

What is C-702 worth today?

Last sold for AED 746,700 in 2014

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5 Oct 2024RentedRenewal
AED 34,054/yr11 months · AED 74 per sqft
5 Oct 2024RentedRenewal
AED 34,054/yr11 months · AED 74 per sqft
5 Oct 2023RentedRenewal
AED 31,000/yr12 months · AED 67 per sqft
5 Oct 2022RentedNew contract
AED 31,000/yr12 months · AED 67 per sqft
12 Aug 2014Sold by developerOff-plan
AED 746,700AED 1,612 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2024.

Key facts

Type
Studio hotel apartment
Size
463 sqft
Parking
P2-224
Developer
DAMAC
Completed
2021
Service charge
AED 10,500 /yr
Last sold
AED 747K · August 2014

About C-702, Artesia Tower C

C-702 is a studio of 463 sqft of Artesia Tower C, a 22-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 12 August 2014 for AED 746,700, or AED 1,612 per sqft, in line with the AED 1,633 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 34,054 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 10,500 a year.

Sales and rents for C-702 over time

Sales
Unit C-702, each saleTypical studio in Artesia Tower C
600K2014201820222026Typical 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 746,700 (AED 1,612 per sqft)

C-702 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit C-702, each contractTypical studio in Artesia Tower C
30K40K50K2021202320252027Typical 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, October 2022: AED 31,000 a yearRenewal, October 2023: AED 31,000 a yearRenewal, October 2024: AED 34,054 a yearRenewal, October 2024: AED 34,054 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-702 sits

All 190 studios →

C-702 last sold in August 2014 at AED 1,612 per sqft, in line with what studios in Artesia Tower C were fetching at the time (AED 1,633). 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-702's AED 34,054 is at the bottom 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-702, Artesia Tower C in numbers

  • Sold once: by DAMAC on 12 August 2014 for AED 746,700, or AED 1,612 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 31,000 to AED 34,054 a year.
  • At AED 34,054 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 10,500 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 5 October 2024.

Questions about C-702, Artesia Tower C

What did unit C-702 last sell for?

AED 746,700 on 12 August 2014, sold by the developer: AED 1,612 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit C-702?

AED 34,054 a year on the contract renewed on 5 October 2024. The previous contract, from October 2024, was AED 34,054; the unit has been rented since October 2022.

How big is unit C-702?

463 sqft (43.0 sqm): a studio of a 22-storey tower completed in 2021.

What is unit C-702 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-702, Artesia Tower C

Starts from the last sale price (AED 747K, 12 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 746,700
Deposit, UAE resident (20%)
AED 149,340
Deposit, non-resident (40%)
AED 298,680
Monthly over 25 years at 3.7%
AED 3,055

Plus AED 36,371 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →