1-bed · 933 sqftArtesia Tower B, Damac Hills · completed 2021

B-1806, Artesia Tower B

Sold prices and rental history: sold once, by the developer in August 2014, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1806 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 1.49M14 August 2014
Current rentAED 80K /yr30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1806, Artesia Tower B

What is B-1806 worth today?

Last sold for AED 1,492,450 in 2014

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30 Aug 2024RentedRenewal
AED 80,000/yr12 months · AED 85 per sqft
30 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
14 Aug 2014Sold by developerOff-plan
AED 1,492,450AED 1,599 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
1-bed hotel apartment
Size
933 sqft
Parking
P1-32
Developer
DAMAC
Completed
2021
Service charge
AED 20,500 /yr
Last sold
AED 1.49M · August 2014

About B-1806, Artesia Tower B

B-1806 is a one-bedroom hotel apartment of 933 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 14 August 2014 for AED 1,492,450, or AED 1,599 per sqft, 5% above the AED 1,524 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 30 August 2024, is AED 80,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 20,500 a year.

Sales and rents for B-1806 over time

Sales
Unit B-1806, each saleTypical one-bed in Artesia Tower B
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,367,050; 2015 AED 1,400,000; 2019 AED 1,095,125; 2020 AED 1,100,800; 2022 AED 1,031,000; 2023 AED 980,000; 2024 AED 930,000; 2025 AED 1,080,000; 2026 AED 990,000Sold by developer, August 2014: AED 1,492,450 (AED 1,599 per sqft)

B-1806 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1806, each contractTypical one-bed in Artesia Tower B
70K80K2021202320252027Typical rent by year: 2021 AED 64,500; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 75,000New contract, August 2023: AED 80,000 a yearRenewal, August 2024: AED 80,000 a year

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

1-beds in Artesia Tower B, and where B-1806 sits

All 70 1-beds →

B-1806 last sold in August 2014 at AED 1,599 per sqft, 5% above what one-beds in Artesia Tower B were fetching at the time (AED 1,524). Over the last 12 months one-beds sold for AED 950,000 to 1,200,000, around AED 1,201 per sqft, and rent for AED 60,000 to 86,767 a year. B-1806's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 20261,025,000
27 Apr 2026950,000
31 Mar 20261,070,000
15 Jan 2026990,000
6 1-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-1806, Artesia Tower B in numbers

  • Sold once: by DAMAC on 14 August 2014 for AED 1,492,450, or AED 1,599 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 20,500 a year (AED 21.96 per sqft).
  • One-beds in Artesia Tower B sold for AED 950,000–1,200,000 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 30 August 2024.

Questions about B-1806, Artesia Tower B

What did unit B-1806 last sell for?

AED 1,492,450 on 14 August 2014, sold by the developer: AED 1,599 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1806?

AED 80,000 a year on the contract renewed on 30 August 2024. The previous contract, from August 2023, was AED 80,000.

How big is unit B-1806?

933 sqft (86.7 sqm): a one-bedroom hotel apartment of a 23-storey tower completed in 2021.

What is unit B-1806 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Artesia Tower B sold for AED 950,000 to 1,200,000 in the last 12 months, around AED 1,201 per sqft.

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Mortgage on B-1806, Artesia Tower B

Starts from the last sale price (AED 1.49M, 14 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,492,450
Deposit, UAE resident (20%)
AED 298,490
Deposit, non-resident (40%)
AED 596,980
Monthly over 25 years at 3.7%
AED 6,106

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