3-bed · 1,651 sqftArtesia Tower B, Damac Hills · completed 2021

B-1603, Artesia Tower B

Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1603 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 2.24M2 November 2014
Current rentAED 165K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1603, Artesia Tower B

What is B-1603 worth today?

Last sold for AED 2,238,600 in 2014

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15 Nov 2025RentedNew contract
AED 165,000/yr12 months · AED 100 per sqft
5 Nov 2024RentedNew contract
AED 155,000/yr12 months · AED 94 per sqft
2 Nov 2014Sold by developerOff-plan
AED 2,238,600AED 1,356 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
3-bed hotel apartment
Size
1,651 sqft
Parking
P2-150, P2-150A
Developer
DAMAC
Completed
2021
Service charge
AED 36,200 /yr
Last sold
AED 2.24M · November 2014

About B-1603, Artesia Tower B

B-1603 is a three-bedroom hotel apartment of 1,651 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 2 November 2014 for AED 2,238,600, or AED 1,356 per sqft, 6% below the AED 1,439 three-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 November 2025, is AED 165,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 36,200 a year.

Sales and rents for B-1603 over time

Sales
Unit B-1603, each saleTypical three-bed in Artesia Tower B
1.5M2M2.5M20142017202020232026Typical sale price by year: 2014 AED 2,376,900; 2020 AED 1,381,000; 2021 AED 1,733,695; 2022 AED 1,526,630; 2024 AED 1,900,000; 2025 AED 1,990,000Sold by developer, November 2014: AED 2,238,600 (AED 1,356 per sqft)

B-1603 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit B-1603, each contractTypical three-bed in Artesia Tower B
140K160K202220242026Typical rent by year: 2022 AED 128,000; 2023 AED 144,000; 2024 AED 148,846; 2025 AED 155,000; 2026 AED 155,000New contract, November 2024: AED 155,000 a yearNew contract, November 2025: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Artesia Tower B, and where B-1603 sits

All 19 3-beds →

B-1603 last sold in November 2014 at AED 1,356 per sqft, 6% below what three-beds in Artesia Tower B were fetching at the time (AED 1,439). B-1603's AED 165,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Sep 20251,900,000
23 May 20252,100,000
2 May 20251,930,000
29 Mar 20252,050,000
0 3-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-1603, Artesia Tower B in numbers

  • Sold once: by DAMAC on 2 November 2014 for AED 2,238,600, or AED 1,356 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, from AED 155,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 36,200 a year (AED 21.96 per sqft).

Source: Dubai Land Department. Updated 15 November 2025.

Questions about B-1603, Artesia Tower B

What did unit B-1603 last sell for?

AED 2,238,600 on 2 November 2014, sold by the developer: AED 1,356 per sqft for 1,651 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1603?

AED 165,000 a year on the contract signed on 15 November 2025. The previous contract, from November 2024, was AED 155,000.

How big is unit B-1603?

1,651 sqft (153.4 sqm): a three-bedroom hotel apartment of a 23-storey tower completed in 2021.

What is unit B-1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B-1603, Artesia Tower B

Starts from the last sale price (AED 2.24M, 2 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,238,600
Deposit, UAE resident (20%)
AED 447,720
Deposit, non-resident (40%)
AED 895,440
Monthly over 25 years at 3.7%
AED 9,159

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