1-bed · 648 sqftArtesia Tower D, Damac Hills · completed 2021

D-403, Artesia Tower D

Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D-403 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 685K23 June 2019
Current rentAED 50K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D-403, Artesia Tower D

What is D-403 worth today?

Last sold for AED 684,800 in 2019

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1 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
23 Jun 2019Sold by developerOff-plan
AED 684,800AED 1,056 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
648 sqft
Parking
P2-119
Developer
DAMAC
Completed
2021
Service charge
AED 14,700 /yr
Last sold
AED 685K · June 2019

About D-403, Artesia Tower D

D-403 is a one-bedroom apartment of 648 sqft of Artesia Tower D, a 16-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 23 June 2019 for AED 684,800, or AED 1,056 per sqft, 23% below the AED 1,378 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2022. The current contract, signed on 1 November 2022, is AED 50,000 a year: a gross yield of 7.3% on the 2019 price, before the service charge of about AED 14,700 a year.

Sales and rents for D-403 over time

Sales
Unit D-403, each saleTypical one-bed in Artesia Tower D
1M2015201820212024Typical sale price by year: 2015 AED 1,279,650; 2019 AED 1,027,000; 2020 AED 880,000; 2021 AED 866,000; 2022 AED 1,046,000; 2023 AED 990,000; 2024 AED 830,000Sold by developer, June 2019: AED 684,800 (AED 1,056 per sqft)

D-403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit D-403, each contractTypical one-bed in Artesia Tower D
60K80K2021202320252027Typical rent by year: 2021 AED 62,500; 2022 AED 57,750; 2023 AED 66,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 79,000New contract, November 2022: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Artesia Tower D, and where D-403 sits

All 41 1-beds →

D-403 last sold in June 2019 at AED 1,056 per sqft, 23% below what one-beds in Artesia Tower D were fetching at the time (AED 1,378). Over the last 12 months one-beds sold for AED 910,000, around AED 1,262 per sqft, and rent for AED 64,000 to 90,000 a year. D-403's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jun 20251,000,000
12 Nov 2024810,000
2 Sep 2024880,000
26 Feb 2024830,000
1 1-bed sale in the last 12 months

Artesia Tower D

Building

17 apartments, studios to 3-bed over 16 floors in Damac Hills, completed in 2021 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,265
Typical sale
AED 755K
Typical rent
AED 54K /yr
Typical yield
7.8%
Artesia Tower D, Damac Hills: prices, sales and rents →

D-403, Artesia Tower D in numbers

  • Sold once: by DAMAC on 23 June 2019 for AED 684,800, or AED 1,056 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 7.3%, before a service charge of about AED 14,700 a year (AED 22.73 per sqft).
  • One-beds in Artesia Tower D sold for AED 910,000–910,000 in the 12 months to November 2026; the building's median across all types is AED 1,265 per sqft.

Source: Dubai Land Department. Updated 1 November 2022.

Questions about D-403, Artesia Tower D

What did unit D-403 last sell for?

AED 684,800 on 23 June 2019, sold by the developer: AED 1,056 per sqft for 648 sqft. It is the only registered sale of the unit.

What is the rent for unit D-403?

AED 50,000 a year on the contract signed on 1 November 2022.

How big is unit D-403?

648 sqft (60.2 sqm): a one-bedroom apartment of a 16-storey tower completed in 2021.

What is unit D-403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Artesia Tower D sold for AED 910,000 to 910,000 in the last 12 months, around AED 1,262 per sqft.

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Mortgage on D-403, Artesia Tower D

Starts from the last sale price (AED 685K, 23 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 684,800
Deposit, UAE resident (20%)
AED 136,960
Deposit, non-resident (40%)
AED 273,920
Monthly over 25 years at 3.7%
AED 2,802

Plus AED 33,772 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →