Studio · 473 sqftArtesia Tower B, Damac Hills · completed 2021

B-1111, Artesia Tower B

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1111 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 646K24 May 2017
Current rentAED 42K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1111, Artesia Tower B

What is B-1111 worth today?

Last sold for AED 646,000 in 2017

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25 Aug 2026RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
3 Jan 2026RentedRenewal
AED 50,000/yr12 months · AED 106 per sqft
1 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
3 Jan 2024RentedNew contract
AED 25,000/yr24 months · AED 53 per sqft
1 Nov 2023RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
1 Nov 2022RentedNew contract
AED 46,000/yr12 months · AED 97 per sqft
24 May 2017Sold by developerOff-plan
AED 646,000AED 1,364 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio hotel apartment
Size
473 sqft
Parking
P1-395
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 646K · May 2017

About B-1111, Artesia Tower B

B-1111 is a studio of 473 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 24 May 2017 for AED 646,000, or AED 1,364 per sqft.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 25 August 2026, is AED 42,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1111 over time

Sales
Unit B-1111, each saleTypical studio in Artesia Tower B
400K600K2014201820222026Typical sale price by year: 2014 AED 736,250; 2022 AED 517,000; 2023 AED 420,000; 2024 AED 528,000; 2025 AED 575,000; 2026 AED 570,000Sold by developer, May 2017: AED 646,000 (AED 1,364 per sqft)

B-1111 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1111, each contractTypical studio in Artesia Tower B
20K40K60K202220242026Typical rent by year: 2022 AED 35,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 48,000; 2026 AED 46,000New contract, November 2022: AED 46,000 a yearNew contract, November 2023: AED 60,000 a yearNew contract, January 2024: AED 25,000 a yearNew contract, November 2024: AED 60,000 a yearRenewal, January 2026: AED 50,000 a yearNew contract, August 2026: AED 42,000 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 B, and where B-1111 sits

All 78 studios →

Over the last 12 months studios sold for AED 560,000 to 610,000, around AED 1,231 per sqft, and rent for AED 36,000 to 63,000 a year. B-1111's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026570,000
27 Mar 2026560,000
23 Feb 2026610,000
23 Jun 2025760,000
3 studio sales in the last 12 months

Artesia Tower B

Building

30 apartments, studios to 3-bed over 23 floors in Damac Hills, completed in 2021 by DAMAC. 14 sold in the last 12 months.

Typical price per sqft
AED 1,201 Level
Typical sale
AED 1.05M
Typical rent
AED 70K /yr
Typical yield
7.6%
Artesia Tower B, Damac Hills: prices, sales and rents →

B-1111, Artesia Tower B in numbers

  • Sold once: by DAMAC on 24 May 2017 for AED 646,000, or AED 1,364 per sqft.
  • Rented since November 2022 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 25,000 in 2024 and recovered to AED 42,000 by August 2026.
  • At AED 42,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 10,400 a year (AED 21.96 per sqft).
  • Studios in Artesia Tower B sold for AED 560,000–610,000 in the 12 months to November 2026; the building's median across all types is AED 1,201 per sqft.

Source: Dubai Land Department. Updated 25 August 2026.

Questions about B-1111, Artesia Tower B

What did unit B-1111 last sell for?

AED 646,000 on 24 May 2017, sold by the developer: AED 1,364 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1111?

AED 42,000 a year on the contract signed on 25 August 2026. The previous contract, from January 2026, was AED 50,000; the unit has been rented since November 2022.

How big is unit B-1111?

473 sqft (43.9 sqm): a studio of a 23-storey tower completed in 2021.

What is unit B-1111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Artesia Tower B sold for AED 560,000 to 610,000 in the last 12 months, around AED 1,231 per sqft.

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Mortgage on B-1111, Artesia Tower B

Starts from the last sale price (AED 646K, 24 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 646,000
Deposit, UAE resident (20%)
AED 129,200
Deposit, non-resident (40%)
AED 258,400
Monthly over 25 years at 3.7%
AED 2,643

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →