Studio · 472 sqftArtesia Tower B, Damac Hills · completed 2021

B-701, Artesia Tower B

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-701 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 512K13 August 2022
Current rentAED 42K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-701, Artesia Tower B

What is B-701 worth today?

Last sold for AED 512,000 in 2022

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15 Oct 2026RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
15 Dec 2025RentedNew contract
AED 52,000/yr12 months · AED 110 per sqft
16 Dec 2024RentedNew contract
AED 52,000/yr12 months · AED 110 per sqft
22 May 2024RentedRenewal
AED 47,000/yr12 months · AED 102 per sqft
22 May 2023RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
13 Aug 2022Sold by developerReady
AED 512,000AED 1,084 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
472 sqft
Parking
P2-316
Developer
DAMAC
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 512K · August 2022

About B-701, Artesia Tower B

B-701 is a studio of 472 sqft of Artesia Tower B, a 23-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 13 August 2022 for AED 512,000, or AED 1,084 per sqft, in line with the AED 1,095 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 15 October 2026, is AED 42,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 10,400 a year.

Sales and rents for B-701 over time

Sales
Unit B-701, each saleTypical studio in Artesia Tower B
400K600K2014201820222026Typical sale price by year: 2014 AED 736,250; 2022 AED 517,000; 2023 AED 420,000; 2024 AED 528,000; 2025 AED 575,000; 2026 AED 570,000Sold by developer, August 2022: AED 512,000 (AED 1,084 per sqft)

B-701 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-701, each contractTypical studio in Artesia Tower B
40K50K202220242026Typical rent by year: 2022 AED 35,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 48,000; 2026 AED 46,000New contract, May 2023: AED 45,000 a yearRenewal, May 2024: AED 47,000 a yearNew contract, December 2024: AED 52,000 a yearNew contract, December 2025: AED 52,000 a yearNew contract, October 2026: AED 42,000 a year

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

Studios in Artesia Tower B, and where B-701 sits

All 78 studios →

B-701 last sold in August 2022 at AED 1,084 per sqft, in line with what studios in Artesia Tower B were fetching at the time (AED 1,095). Over the last 12 months studios sold for AED 560,000 to 610,000, around AED 1,231 per sqft, and rent for AED 36,000 to 63,000 a year. B-701's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026570,000
27 Mar 2026560,000
23 Feb 2026610,000
23 Jun 2025760,000
3 studio 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-701, Artesia Tower B in numbers

  • Sold once: by DAMAC on 13 August 2022 for AED 512,000, or AED 1,084 per sqft.
  • Rented since May 2023 on 5 Ejari contracts, from AED 45,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 10,400 a year (AED 21.96 per sqft).
  • Studios in Artesia Tower B sold for AED 560,000–610,000 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 15 October 2026.

Questions about B-701, Artesia Tower B

What did unit B-701 last sell for?

AED 512,000 on 13 August 2022, sold by the developer: AED 1,084 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit B-701?

AED 42,000 a year on the contract signed on 15 October 2026. The previous contract, from December 2025, was AED 52,000; the unit has been rented since May 2023.

How big is unit B-701?

472 sqft (43.9 sqm): a studio of a 23-storey tower completed in 2021.

What is unit B-701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Artesia Tower B sold for AED 560,000 to 610,000 in the last 12 months, around AED 1,231 per sqft.

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Mortgage on B-701, Artesia Tower B

Starts from the last sale price (AED 512K, 13 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 512,000
Deposit, UAE resident (20%)
AED 102,400
Deposit, non-resident (40%)
AED 204,800
Monthly over 25 years at 3.7%
AED 2,095

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