Studio · 472 sqftArtesia Tower B, Damac Hills · 15th floor · completed 2021

B-1501, Artesia Tower B

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1501 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 550K7 May 2025
Current rentAED 42K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1501, Artesia Tower B

What is B-1501 worth today?

Last sold for AED 550,000 in 2025

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1 Oct 2026RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
15 Oct 2025RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
7 May 2025SoldReady
AED 550,000AED 1,164 per sqft
17 Aug 2024RentedRenewal
AED 43,500/yr12 months · AED 94 per sqft
18 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
24 Nov 2022RentedNew contract
AED 33,000/yr12 months · AED 70 per sqft
4 Dec 2014Sold by developerOff-plan
AED 781,850AED 1,655 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
15th of 23
Parking
P1-163
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 550K · May 2025

About B-1501, Artesia Tower B

B-1501 is a studio of 472 sqft on the 15th floor of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. It last sold on 7 May 2025 for AED 550,000, or AED 1,164 per sqft, in line with the AED 1,191 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 October 2026, is AED 42,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1501 over time

Sales
Unit B-1501, each saleTypical studio in Artesia Tower B
400K600K800K2014201820222026Typical 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, December 2014: AED 781,850 (AED 1,655 per sqft)Sold, May 2025: AED 550,000 (AED 1,164 per sqft)

B-1501 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B-1501, each contractTypical studio in Artesia Tower B
30K40K50K202220242026Typical 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 33,000 a yearNew contract, August 2023: AED 40,000 a yearRenewal, August 2024: AED 43,500 a yearNew contract, October 2025: AED 50,000 a yearNew contract, October 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-1501 sits

All 78 studios →

B-1501 last sold in May 2025 at AED 1,164 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,191). 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-1501'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 →

Other units on the 15th floor

All 30 units in Artesia Tower B
Value
B-15033-bedAED 2.05M · Mar 2025
B-15082-bedAED 1.56M · Sep 2026

B-1501, Artesia Tower B in numbers

  • Sold twice: first on 4 December 2014 for AED 781,850, last on 7 May 2025 for AED 550,000 (AED 1,164 per sqft).
  • Rented since November 2022 on 5 Ejari contracts, from AED 33,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 7.6%, 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 October 2026.

Questions about B-1501, Artesia Tower B

What did unit B-1501 last sell for?

AED 550,000 on 7 May 2025: AED 1,164 per sqft for 472 sqft. The unit has 2 registered sales; the first was AED 781,850 in December 2014.

What is the rent for unit B-1501?

AED 42,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since November 2022.

How big is unit B-1501?

472 sqft (43.9 sqm): a studio on the 15th floor of a 23-storey tower completed in 2021.

What is unit B-1501 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-1501, Artesia Tower B

Starts from the last sale price (AED 550K, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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