1-bed · 929 sqftArtesia Tower B, Damac Hills · completed 2021

B-1807, Artesia Tower B

Sold prices and rental history: sold once, by the developer in November 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1807 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 1.4M26 November 2015
Current rentAED 75K /yr2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1807, Artesia Tower B

What is B-1807 worth today?

Last sold for AED 1,400,000 in 2015

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2 Nov 2023RentedRenewal
AED 75,000/yr12 months · AED 81 per sqft
2 Nov 2022RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
26 Nov 2015Sold by developerOff-plan
AED 1,400,000AED 1,506 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
1-bed hotel apartment
Size
929 sqft
Parking
P1-33
Developer
DAMAC
Completed
2021
Service charge
AED 20,400 /yr
Last sold
AED 1.4M · November 2015

About B-1807, Artesia Tower B

B-1807 is a one-bedroom hotel apartment of 929 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 26 November 2015 for AED 1,400,000, or AED 1,506 per sqft, in line with the AED 1,532 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 2 November 2023, is AED 75,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 20,400 a year.

Sales and rents for B-1807 over time

Sales
Unit B-1807, each saleTypical one-bed in Artesia Tower B
1M1.25M2014201820222026Typical 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, November 2015: AED 1,400,000 (AED 1,506 per sqft)

B-1807 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1807, 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, November 2022: AED 75,000 a yearRenewal, November 2023: AED 75,000 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-1807 sits

All 70 1-beds →

B-1807 last sold in November 2015 at AED 1,506 per sqft, in line with what one-beds in Artesia Tower B were fetching at the time (AED 1,532). 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-1807's AED 75,000 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-1807, Artesia Tower B in numbers

  • Sold once: by DAMAC on 26 November 2015 for AED 1,400,000, or AED 1,506 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 20,400 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 2 November 2023.

Questions about B-1807, Artesia Tower B

What did unit B-1807 last sell for?

AED 1,400,000 on 26 November 2015, sold by the developer: AED 1,506 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1807?

AED 75,000 a year on the contract renewed on 2 November 2023. The previous contract, from November 2022, was AED 75,000.

How big is unit B-1807?

929 sqft (86.3 sqm): a one-bedroom hotel apartment of a 23-storey tower completed in 2021.

What is unit B-1807 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-1807, Artesia Tower B

Starts from the last sale price (AED 1.4M, 26 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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