Studio · 463 sqftArtesia Tower B, Damac Hills · completed 2021

B-1702, Artesia Tower B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1702 · DLD and Ejari recordsUpdated 21 January 2025
Last soldAED 743K6 August 2014
Current rentAED 48K /yr21 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1702, Artesia Tower B

What is B-1702 worth today?

Last sold for AED 742,900 in 2014

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21 Jan 2025RentedNew contract
AED 48,000/yr12 months · AED 104 per sqft
20 Dec 2024RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
12 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
15 Nov 2023RentedNew contract
AED 56,400/yr12 months · AED 122 per sqft
14 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
6 Aug 2014Sold by developerOff-plan
AED 742,900AED 1,605 per sqft

Source: Dubai Land Department. Updated 21 January 2025.

Key facts

Type
Studio hotel apartment
Size
463 sqft
Parking
P1-51
Developer
DAMAC
Completed
2021
Service charge
AED 10,200 /yr
Last sold
AED 743K · August 2014

About B-1702, Artesia Tower B

B-1702 is a studio of 463 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 6 August 2014 for AED 742,900, or AED 1,605 per sqft, in line with the AED 1,570 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 21 January 2025, is AED 48,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 10,200 a year.

Sales and rents for B-1702 over time

Sales
Unit B-1702, 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, August 2014: AED 742,900 (AED 1,605 per sqft)

B-1702 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1702, each contractTypical studio in Artesia Tower B
40K50K60K202220242026Typical rent by year: 2022 AED 35,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 48,000; 2026 AED 46,000New contract, October 2022: AED 35,000 a yearNew contract, November 2023: AED 56,400 a yearNew contract, June 2024: AED 50,000 a yearNew contract, December 2024: AED 50,000 a yearNew contract, January 2025: AED 48,000 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-1702 sits

All 78 studios →

B-1702 last sold in August 2014 at AED 1,605 per sqft, in line with 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-1702's AED 48,000 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-1702, Artesia Tower B in numbers

  • Sold once: by DAMAC on 6 August 2014 for AED 742,900, or AED 1,605 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 35,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 10,200 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 21 January 2025.

Questions about B-1702, Artesia Tower B

What did unit B-1702 last sell for?

AED 742,900 on 6 August 2014, sold by the developer: AED 1,605 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1702?

AED 48,000 a year on the contract signed on 21 January 2025. The previous contract, from December 2024, was AED 50,000; the unit has been rented since October 2022.

How big is unit B-1702?

463 sqft (43.0 sqm): a studio of a 23-storey tower completed in 2021.

What is unit B-1702 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-1702, Artesia Tower B

Starts from the last sale price (AED 743K, 6 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 742,900
Deposit, UAE resident (20%)
AED 148,580
Deposit, non-resident (40%)
AED 297,160
Monthly over 25 years at 3.7%
AED 3,039

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