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2-bed · 1,219 sqftArtesia Tower B, Damac Hills · completed 2021

B-2007, Artesia Tower B

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

Unit B-2007 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.73M2 November 2014
Current rentAED 135K /yr28 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-2007, Artesia Tower B

What is B-2007 worth today?

Last sold for AED 1,725,100 in 2014

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28 Nov 2024RentedNew contract
AED 135,000/yr12 months · AED 111 per sqft
2 Nov 2014Sold by developerOff-plan
AED 1,725,100AED 1,415 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed hotel apartment
Size
1,219 sqft
Parking
P1-17
Developer
DAMAC
Completed
2021
Service charge
AED 26,800 /yr
Last sold
AED 1.73M · November 2014
Building
Artesia Tower B

About B-2007, Artesia Tower B

B-2007 is a two-bedroom hotel apartment of 1,219 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 1,725,100, or AED 1,415 per sqft, 4% below the AED 1,473 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 November 2024. The current contract, signed on 28 November 2024, is AED 135,000 a year: a gross yield of 7.8% on the 2014 price, before the service charge of about AED 26,800 a year.

Sales and rents for B-2007 over time

Sales
Unit B-2007, each saleTypical two-bed in Artesia Tower B
1.5M2014201820222026Typical sale price by year: 2014 AED 1,824,233; 2019 AED 1,644,000; 2020 AED 1,155,555; 2021 AED 1,429,000; 2022 AED 1,344,000; 2023 AED 1,250,000; 2024 AED 1,475,000; 2025 AED 1,600,000; 2026 AED 1,527,500Sold by developer, November 2014: AED 1,725,100 (AED 1,415 per sqft)

B-2007 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-2007, each contractTypical two-bed in Artesia Tower B
100K125K2021202320252027Typical rent by year: 2021 AED 95,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 119,839; 2025 AED 115,000; 2026 AED 100,000New contract, November 2024: AED 135,000 a year

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

2-beds in Artesia Tower B, and where B-2007 sits

All 58 2-beds →

B-2007 last sold in November 2014 at AED 1,415 per sqft, 4% below what two-beds in Artesia Tower B were fetching at the time (AED 1,473). Over the last 12 months two-beds sold for AED 1,350,000 to 1,680,000, around AED 1,169 per sqft, and rent for AED 90,000 to 138,000 a year. B-2007's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,500,000
8 Sep 20261,555,000
2 Jul 20261,350,000
27 Feb 20261,680,000
5 2-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-2007, Artesia Tower B in numbers

  • Sold once: by DAMAC on 2 November 2014 for AED 1,725,100, or AED 1,415 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2014 price is 7.8%, before a service charge of about AED 26,800 a year (AED 21.96 per sqft).
  • Two-beds in Artesia Tower B sold for AED 1,350,000–1,680,000 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 28 November 2024.

Questions about B-2007, Artesia Tower B

What did unit B-2007 last sell for?

AED 1,725,100 on 2 November 2014, sold by the developer: AED 1,415 per sqft for 1,219 sqft. It is the only registered sale of the unit.

What is the rent for unit B-2007?

AED 135,000 a year on the contract signed on 28 November 2024.

How big is unit B-2007?

1,219 sqft (113.2 sqm): a two-bedroom hotel apartment of a 23-storey tower completed in 2021.

What is unit B-2007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Artesia Tower B sold for AED 1,350,000 to 1,680,000 in the last 12 months, around AED 1,169 per sqft.

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Mortgage on B-2007, Artesia Tower B

Starts from the last sale price (AED 1.73M, 2 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,100
Deposit, UAE resident (20%)
AED 345,020
Deposit, non-resident (40%)
AED 690,040
Monthly over 25 years at 3.7%
AED 7,058

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