2-bed · 1,280 sqftArtesia Tower B, Damac Hills · completed 2021

B-404, Artesia Tower B

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-404 · DLD and Ejari recordsUpdated 4 August 2022
Last soldAED 1.27M4 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-404, Artesia Tower B

What is B-404 worth today?

Last sold for AED 1,267,000 in 2022

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4 Aug 2022Sold by developerReady
AED 1,267,000AED 989 per sqft

Source: Dubai Land Department. Updated 4 August 2022.

Key facts

Type
2-bed apartment
Size
1,280 sqft
Parking
P2-205
Developer
DAMAC
Completed
2021
Service charge
AED 28,100 /yr
Last sold
AED 1.27M · August 2022

About B-404, Artesia Tower B

B-404 is a two-bedroom apartment of 1,280 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 4 August 2022 for AED 1,267,000, or AED 989 per sqft, in line with the AED 1,014 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B-404 over time

Sales
Unit B-404, 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, August 2022: AED 1,267,000 (AED 989 per sqft)

B-404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-404, each contractTypical two-bed in Artesia Tower B
100K120K2021202320252027Typical 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 100,000

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-404 sits

All 58 2-beds →

B-404 last sold in August 2022 at AED 989 per sqft, in line with what two-beds in Artesia Tower B were fetching at the time (AED 1,014). 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.

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-404, Artesia Tower B in numbers

  • Sold once: by DAMAC on 4 August 2022 for AED 1,267,000, or AED 989 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 4 August 2022.

Questions about B-404, Artesia Tower B

What did unit B-404 last sell for?

AED 1,267,000 on 4 August 2022, sold by the developer: AED 989 per sqft for 1,280 sqft. It is the only registered sale of the unit.

How big is unit B-404?

1,280 sqft (118.9 sqm): a two-bedroom apartment of a 23-storey tower completed in 2021.

What is unit B-404 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-404, Artesia Tower B

Starts from the last sale price (AED 1.27M, 4 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,267,000
Deposit, UAE resident (20%)
AED 253,400
Deposit, non-resident (40%)
AED 506,800
Monthly over 25 years at 3.7%
AED 5,184

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