2-bed · 1,215 sqftArtesia Tower B, Damac Hills · 5th floor · completed 2021

B-508, Artesia Tower B

Sold prices and rental history: sold 3 times, last in June 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-508 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 1.63M4 June 2025
Current rentAED 130K /yr3 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-508, Artesia Tower B

What is B-508 worth today?

Last sold for AED 1,625,000 in 2025

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4 Jun 2025SoldReady
AED 1,625,000AED 1,337 per sqft
3 Nov 2024RentedNew contract
AED 130,000/yr12 months · AED 107 per sqft
22 Aug 2024SoldReady
AED 1,475,000AED 1,214 per sqft
11 Nov 2022RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft
11 Dec 2014Sold by developerOff-plan
AED 1,828,465AED 1,504 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,215 sqft
Floor
5th of 23
Parking
P2-40
Developer
DAMAC
Completed
2021
Service charge
AED 26,700 /yr
Last sold
AED 1.63M · June 2025

About B-508, Artesia Tower B

B-508 is a two-bedroom hotel apartment of 1,215 sqft on the 5th floor of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. It last sold on 4 June 2025 for AED 1,625,000, or AED 1,337 per sqft, 7% above the AED 1,254 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 3 November 2024, is AED 130,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 26,700 a year.

Sales and rents for B-508 over time

Sales
Unit B-508, 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, December 2014: AED 1,828,465 (AED 1,504 per sqft)Sold, August 2024: AED 1,475,000 (AED 1,214 per sqft)Sold, June 2025: AED 1,625,000 (AED 1,337 per sqft)

B-508 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-508, 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 100,000New contract, November 2022: AED 95,000 a yearNew contract, November 2024: AED 130,000 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-508 sits

All 58 2-beds →

B-508 last sold in June 2025 at AED 1,337 per sqft, 7% above what two-beds in Artesia Tower B were fetching at the time (AED 1,254). 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-508's AED 130,000 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 →

Other units on the 5th floor

All 30 units in Artesia Tower B
Value
B-502StudioAED 610K · Feb 2026

B-508, Artesia Tower B in numbers

  • Sold 3 times: first on 11 December 2014 for AED 1,828,465, last on 4 June 2025 for AED 1,625,000 (AED 1,337 per sqft).
  • Rented since November 2022 on 2 Ejari contracts, from AED 95,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 26,700 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 4 June 2025.

Questions about B-508, Artesia Tower B

What did unit B-508 last sell for?

AED 1,625,000 on 4 June 2025: AED 1,337 per sqft for 1,215 sqft. The unit has 3 registered sales; the first was AED 1,828,465 in December 2014.

What is the rent for unit B-508?

AED 130,000 a year on the contract signed on 3 November 2024. The previous contract, from November 2022, was AED 95,000.

How big is unit B-508?

1,215 sqft (112.9 sqm): a two-bedroom hotel apartment on the 5th floor of a 23-storey tower completed in 2021.

What is unit B-508 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-508, Artesia Tower B

Starts from the last sale price (AED 1.63M, 4 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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