C-1603, Artesia Tower C
Sold prices and rental history: sold once, by the developer in September 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for C-1603, Artesia Tower C
What is C-1603 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 September 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,649 sqft
- Parking
- P2-104, P2-104A
- Developer
- DAMAC
- Completed
- 2021
- Service charge
- AED 37,300 /yr
- Last sold
- AED 2.79M · September 2014
- Building
- Artesia Tower C
About C-1603, Artesia Tower C
C-1603 is a three-bedroom hotel apartment of 1,649 sqft of Artesia Tower C, a 22-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 18 September 2014 for AED 2,792,050, or AED 1,693 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 27 September 2024, is AED 140,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 37,300 a year.
3-beds in Artesia Tower C, and where C-1603 sits
All 5 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202325 September 2023 | 1,649 sqft | 1,950,000 | 1,182 | ||
| 26 Oct 202126 October 2021 | 1,649 sqft | 1,763,000 | 1,069 | ||
| 9 Sep 20219 September 2021 | 1,671 sqft | 1,748,910 | 1,046 | ||
| 25 Apr 201925 April 2019 | 1,671 sqft | 1,803,200 | 1,079 |
Artesia Tower C
Building48 apartments, studios to 3-bed over 22 floors in Damac Hills, completed in 2021 by DAMAC. 20 sold in the last 12 months.
- Typical price per sqft
- AED 1,309 Up 5.9%
- Typical sale
- AED 615K
- Typical rent
- AED 51K /yr
- Typical yield
- 7.3%
C-1603, Artesia Tower C in numbers
- Sold once: by DAMAC on 18 September 2014 for AED 2,792,050, or AED 1,693 per sqft.
- Rented since September 2022 on 3 Ejari contracts, from AED 110,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 37,300 a year (AED 22.59 per sqft).
Source: Dubai Land Department. Updated 27 September 2024.
Questions about C-1603, Artesia Tower C
What did unit C-1603 last sell for?
AED 2,792,050 on 18 September 2014, sold by the developer: AED 1,693 per sqft for 1,649 sqft. It is the only registered sale of the unit.
What is the rent for unit C-1603?
AED 140,000 a year on the contract signed on 27 September 2024. The previous contract, from September 2023, was AED 115,500; the unit has been rented since September 2022.
How big is unit C-1603?
1,649 sqft (153.2 sqm): a three-bedroom hotel apartment of a 22-storey tower completed in 2021.
What is unit C-1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling C-1603? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on C-1603, Artesia Tower C
Starts from the last sale price (AED 2.79M, 18 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,792,050
- Deposit, UAE resident (20%)
- AED 558,410
- Deposit, non-resident (40%)
- AED 1,116,820
- Monthly over 25 years at 3.7%
- AED 11,423
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →