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

B-1611, Artesia Tower B

Sold prices and rental history: sold once, by the developer in November 2014, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1611 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 692K2 November 2014
Current rentAED 55K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1611, Artesia Tower B

What is B-1611 worth today?

Last sold for AED 691,600 in 2014

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20 Feb 2026RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
2 Nov 2014Sold by developerOff-plan
AED 691,600AED 1,461 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
Studio hotel apartment
Size
473 sqft
Parking
P1-49
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 692K · November 2014

About B-1611, Artesia Tower B

B-1611 is a studio of 473 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 691,600, or AED 1,461 per sqft, 7% below the AED 1,570 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2026. The current contract, signed on 20 February 2026, is AED 55,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-1611 over time

Sales
Unit B-1611, each saleTypical studio in Artesia Tower B
400K600K2014201820222026Typical 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, November 2014: AED 691,600 (AED 1,461 per sqft)

B-1611 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1611, 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, February 2026: AED 55,000 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-1611 sits

All 78 studios →

B-1611 last sold in November 2014 at AED 1,461 per sqft, 7% below what studios in Artesia Tower B were fetching at the time (AED 1,570). 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-1611's AED 55,000 is in the upper 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-1611, Artesia Tower B in numbers

  • Sold once: by DAMAC on 2 November 2014 for AED 691,600, or AED 1,461 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2014 price is 8.0%, 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 20 February 2026.

Questions about B-1611, Artesia Tower B

What did unit B-1611 last sell for?

AED 691,600 on 2 November 2014, sold by the developer: AED 1,461 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1611?

AED 55,000 a year on the contract signed on 20 February 2026.

How big is unit B-1611?

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

What is unit B-1611 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-1611, Artesia Tower B

Starts from the last sale price (AED 692K, 2 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 691,600
Deposit, UAE resident (20%)
AED 138,320
Deposit, non-resident (40%)
AED 276,640
Monthly over 25 years at 3.7%
AED 2,830

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