1-bed · 929 sqftArtesia Tower B, Damac Hills · completed 2021

B-1407, Artesia Tower B

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

Unit B-1407 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 991K5 August 2022
Current rentAED 70K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1407, Artesia Tower B

What is B-1407 worth today?

Last sold for AED 991,000 in 2022

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1 Jan 2024RentedRenewal
AED 70,000/yr12 months · AED 76 per sqft
30 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
5 Aug 2022Sold by developerReady
AED 991,000AED 1,066 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
1-bed apartment
Size
929 sqft
Parking
P1-158
Developer
DAMAC
Completed
2021
Service charge
AED 20,400 /yr
Last sold
AED 991K · August 2022

About B-1407, Artesia Tower B

B-1407 is a one-bedroom apartment of 929 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 5 August 2022 for AED 991,000, or AED 1,066 per sqft, in line with the AED 1,076 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 70,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 20,400 a year.

Sales and rents for B-1407 over time

Sales
Unit B-1407, each saleTypical one-bed in Artesia Tower B
1M1.25M2014201820222026Typical sale price by year: 2014 AED 1,367,050; 2015 AED 1,400,000; 2019 AED 1,095,125; 2020 AED 1,100,800; 2022 AED 1,031,000; 2023 AED 980,000; 2024 AED 930,000; 2025 AED 1,080,000; 2026 AED 990,000Sold by developer, August 2022: AED 991,000 (AED 1,066 per sqft)

B-1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1407, each contractTypical one-bed in Artesia Tower B
70K80K2021202320252027Typical rent by year: 2021 AED 64,500; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 75,000New contract, December 2022: AED 70,000 a yearRenewal, January 2024: AED 70,000 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 B, and where B-1407 sits

All 70 1-beds →

B-1407 last sold in August 2022 at AED 1,066 per sqft, in line with what one-beds in Artesia Tower B were fetching at the time (AED 1,076). Over the last 12 months one-beds sold for AED 950,000 to 1,200,000, around AED 1,201 per sqft, and rent for AED 60,000 to 86,767 a year. B-1407's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 20261,025,000
27 Apr 2026950,000
31 Mar 20261,070,000
15 Jan 2026990,000
6 1-bed 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-1407, Artesia Tower B in numbers

  • Sold once: by DAMAC on 5 August 2022 for AED 991,000, or AED 1,066 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 20,400 a year (AED 21.96 per sqft).
  • One-beds in Artesia Tower B sold for AED 950,000–1,200,000 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 January 2024.

Questions about B-1407, Artesia Tower B

What did unit B-1407 last sell for?

AED 991,000 on 5 August 2022, sold by the developer: AED 1,066 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1407?

AED 70,000 a year on the contract renewed on 1 January 2024. The previous contract, from December 2022, was AED 70,000.

How big is unit B-1407?

929 sqft (86.3 sqm): a one-bedroom apartment of a 23-storey tower completed in 2021.

What is unit B-1407 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 B sold for AED 950,000 to 1,200,000 in the last 12 months, around AED 1,201 per sqft.

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Mortgage on B-1407, Artesia Tower B

Starts from the last sale price (AED 991K, 5 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 991,000
Deposit, UAE resident (20%)
AED 198,200
Deposit, non-resident (40%)
AED 396,400
Monthly over 25 years at 3.7%
AED 4,054

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