B-504, Artesia Tower B
Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-504, Artesia Tower B
What is B-504 worth today?
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Source: Dubai Land Department. Updated 10 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,280 sqft
- Parking
- P2-294
- Developer
- DAMAC
- Completed
- 2021
- Service charge
- AED 28,100 /yr
- Last sold
- AED 1.26M · October 2021
- Building
- Artesia Tower B
About B-504, Artesia Tower B
B-504 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 13 October 2021 for AED 1,261,000, or AED 985 per sqft, 10% below the AED 1,099 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 10 December 2023, is AED 95,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 28,100 a year.
Sales and rents for B-504 over time
B-504 has sold once; the dashed line is the two-bed median of each year in the building.
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-504 sits
All 58 2-beds →B-504 last sold in October 2021 at AED 985 per sqft, 10% below what two-beds in Artesia Tower B were fetching at the time (AED 1,099). 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-504's AED 95,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,369 sqft | 1,500,000 | 1,095 | ||
| 8 Sep 20268 September 2026 | 1,215 sqft | 1,555,000 | 1,279 | ||
| 2 Jul 20262 July 2026 | 1,369 sqft | 1,350,000 | 986 | ||
| 27 Feb 202627 February 2026 | 1,389 sqft | 1,680,000 | 1,209 |
Artesia Tower B
Building30 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%
B-504, Artesia Tower B in numbers
- Sold once: by DAMAC on 13 October 2021 for AED 1,261,000, or AED 985 per sqft.
- Rented since December 2021 on 3 Ejari contracts, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 28,100 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 10 December 2023.
Questions about B-504, Artesia Tower B
What did unit B-504 last sell for?
AED 1,261,000 on 13 October 2021, sold by the developer: AED 985 per sqft for 1,280 sqft. It is the only registered sale of the unit.
What is the rent for unit B-504?
AED 95,000 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 95,000; the unit has been rented since December 2021.
How big is unit B-504?
1,280 sqft (118.9 sqm): a two-bedroom apartment of a 23-storey tower completed in 2021.
What is unit B-504 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-504, Artesia Tower B
Starts from the last sale price (AED 1.26M, 13 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,261,000
- Deposit, UAE resident (20%)
- AED 252,200
- Deposit, non-resident (40%)
- AED 504,400
- Monthly over 25 years at 3.7%
- AED 5,159
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →