B-1402, Artesia Tower B
Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-1402, Artesia Tower B
What is B-1402 worth today?
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Source: Dubai Land Department. Updated 1 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 463 sqft
- Parking
- P1-154
- Developer
- DAMAC
- Completed
- 2021
- Service charge
- AED 10,200 /yr
- Last sold
- AED 506K · November 2022
- Building
- Artesia Tower B
About B-1402, Artesia Tower B
B-1402 is a studio of 463 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 16 November 2022 for AED 506,000, or AED 1,093 per sqft, in line with the AED 1,084 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2023. The current contract, signed on 1 March 2023, is AED 40,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 10,200 a year.
Sales and rents for B-1402 over time
B-1402 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 B, and where B-1402 sits
All 78 studios →B-1402 last sold in November 2022 at AED 1,093 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,084). 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-1402's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 463 sqft | 570,000 | 1,231 | ||
| 27 Mar 202627 March 2026 | 475 sqft | 560,000 | 1,177 | ||
| 23 Feb 202623 February 2026 | 463 sqft | 610,000 | 1,317 | ||
| 23 Jun 202523 June 2025 | 473 sqft | 760,000 | 1,605 |
Artesia Tower B
Building30 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%
B-1402, Artesia Tower B in numbers
- Sold once: by DAMAC on 16 November 2022 for AED 506,000, or AED 1,093 per sqft.
- Rented since March 2023 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 10,200 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 2023.
Questions about B-1402, Artesia Tower B
What did unit B-1402 last sell for?
AED 506,000 on 16 November 2022, sold by the developer: AED 1,093 per sqft for 463 sqft. It is the only registered sale of the unit.
What is the rent for unit B-1402?
AED 40,000 a year on the contract signed on 1 March 2023.
How big is unit B-1402?
463 sqft (43.0 sqm): a studio of a 23-storey tower completed in 2021.
What is unit B-1402 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-1402, Artesia Tower B
Starts from the last sale price (AED 506K, 16 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 506,000
- Deposit, UAE resident (20%)
- AED 101,200
- Deposit, non-resident (40%)
- AED 202,400
- Monthly over 25 years at 3.7%
- AED 2,070
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →