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

B-1511, Artesia Tower B

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

Unit B-1511 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 425K14 November 2022
Current rentAED 44K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1511, Artesia Tower B

What is B-1511 worth today?

Last sold for AED 425,000 in 2022

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1 Oct 2026RentedNew contract
AED 44,000/yr12 months · AED 95 per sqft
21 Jan 2025RentedRenewal
AED 48,000/yr12 months · AED 104 per sqft
20 Dec 2023RentedNew contract
AED 47,000/yr12 months · AED 99 per sqft
18 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 80 per sqft
14 Nov 2022SoldReady
AED 425,000AED 897 per sqft
1 Oct 2014Sold by developerOff-plan
AED 774,250AED 1,635 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio hotel apartment
Size
473 sqft
Parking
P1-203
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 425K · November 2022

About B-1511, Artesia Tower B

B-1511 is a studio of 473 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. It last sold on 14 November 2022 for AED 425,000, or AED 897 per sqft, 17% below the AED 1,084 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 44,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1511 over time

Sales
Unit B-1511, 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, October 2014: AED 774,250 (AED 1,635 per sqft)Sold, November 2022: AED 425,000 (AED 897 per sqft)

B-1511 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B-1511, 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, December 2022: AED 38,000 a yearNew contract, December 2023: AED 47,000 a yearRenewal, January 2025: AED 48,000 a yearNew contract, October 2026: AED 44,000 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-1511 sits

All 78 studios →

B-1511 last sold in November 2022 at AED 897 per sqft, 17% below 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-1511's AED 44,000 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-1511, Artesia Tower B in numbers

  • Sold twice: first on 1 October 2014 for AED 774,250, last on 14 November 2022 for AED 425,000 (AED 897 per sqft).
  • Rented since December 2022 on 4 Ejari contracts, from AED 38,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2022 price is 10.3%, 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-1511, Artesia Tower B

What did unit B-1511 last sell for?

AED 425,000 on 14 November 2022: AED 897 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 774,250 in October 2014.

What is the rent for unit B-1511?

AED 44,000 a year on the contract signed on 1 October 2026. The previous contract, from January 2025, was AED 48,000; the unit has been rented since December 2022.

How big is unit B-1511?

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

What is unit B-1511 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-1511, Artesia Tower B

Starts from the last sale price (AED 425K, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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