Studio · 472 sqftArtesia Tower B, Damac Hills · completed 2021

B-1301, Artesia Tower B

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1301 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 517K16 August 2022
Current rentAED 40K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1301, Artesia Tower B

What is B-1301 worth today?

Last sold for AED 517,000 in 2022

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1 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Mar 2024RentedRenewal
AED 40,000/yr12 months · AED 84 per sqft
1 Mar 2023RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
16 Aug 2022Sold by developerReady
AED 517,000AED 1,094 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
472 sqft
Parking
P1-218
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 517K · August 2022

About B-1301, Artesia Tower B

B-1301 is a studio of 472 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 16 August 2022 for AED 517,000, or AED 1,094 per sqft, in line with the AED 1,094 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 March 2025, is AED 40,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1301 over time

Sales
Unit B-1301, 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, August 2022: AED 517,000 (AED 1,094 per sqft)

B-1301 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1301, each contractTypical studio in Artesia Tower B
40K50K202220242026Typical rent by year: 2022 AED 35,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 48,000; 2026 AED 46,000New contract, March 2023: AED 40,000 a yearRenewal, March 2024: AED 40,000 a yearNew contract, March 2025: AED 40,000 a yearNew contract, March 2025: AED 40,000 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-1301 sits

All 78 studios →

B-1301 last sold in August 2022 at AED 1,094 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,094). 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-1301's AED 40,000 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-1301, Artesia Tower B in numbers

  • Sold once: by DAMAC on 16 August 2022 for AED 517,000, or AED 1,094 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 7.7%, 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 1 March 2025.

Questions about B-1301, Artesia Tower B

What did unit B-1301 last sell for?

AED 517,000 on 16 August 2022, sold by the developer: AED 1,094 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1301?

AED 40,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 40,000; the unit has been rented since March 2023.

How big is unit B-1301?

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

What is unit B-1301 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-1301, Artesia Tower B

Starts from the last sale price (AED 517K, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 517,000
Deposit, UAE resident (20%)
AED 103,400
Deposit, non-resident (40%)
AED 206,800
Monthly over 25 years at 3.7%
AED 2,115

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