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

C-501, 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.

Unit C-501 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 758K18 September 2014
Current rentAED 45K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-501, Artesia Tower C

What is C-501 worth today?

Last sold for AED 758,100 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Sep 2024RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
16 Sep 2023RentedNew contract
AED 44,000/yr12 months · AED 95 per sqft
16 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 85 per sqft
18 Sep 2014Sold by developerOff-plan
AED 758,100AED 1,605 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
Studio hotel apartment
Size
472 sqft
Parking
P2-277
Developer
DAMAC
Completed
2021
Service charge
AED 10,700 /yr
Last sold
AED 758K · September 2014

About C-501, Artesia Tower C

C-501 is a studio of 472 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 758,100, or AED 1,605 per sqft, in line with the AED 1,627 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 16 September 2024, is AED 45,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 10,700 a year.

Sales and rents for C-501 over time

Sales
Unit C-501, each saleTypical studio in Artesia Tower C
600K800K2014201820222026Typical sale price by year: 2014 AED 751,450; 2015 AED 750,025; 2016 AED 655,000; 2017 AED 659,000; 2018 AED 658,000; 2020 AED 558,000; 2021 AED 567,450; 2022 AED 519,500; 2023 AED 490,000; 2024 AED 545,000; 2025 AED 600,000; 2026 AED 610,000Sold by developer, September 2014: AED 758,100 (AED 1,605 per sqft)

C-501 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit C-501, each contractTypical studio in Artesia Tower C
40K50K2021202320252027Typical rent by year: 2021 AED 40,000; 2022 AED 35,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 48,000; 2026 AED 45,000New contract, September 2022: AED 40,000 a yearNew contract, September 2023: AED 44,000 a yearNew contract, September 2024: AED 45,000 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 C, and where C-501 sits

All 200 studios →

C-501 last sold in September 2014 at AED 1,605 per sqft, in line with what studios in Artesia Tower C were fetching at the time (AED 1,627). Over the last 12 months studios sold for AED 560,000 to 705,000, around AED 1,305 per sqft, and rent for AED 36,300 to 71,807 a year. C-501's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Jun 2026561,903
9 May 2026610,000
30 Mar 2026560,000
13 Mar 2026610,000
15 studio sales in the last 12 months

Artesia Tower C

Building

48 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%
Artesia Tower C, Damac Hills: prices, sales and rents →

C-501, Artesia Tower C in numbers

  • Sold once: by DAMAC on 18 September 2014 for AED 758,100, or AED 1,605 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 40,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 10,700 a year (AED 22.59 per sqft).
  • Studios in Artesia Tower C sold for AED 560,000–705,000 in the 12 months to November 2026; the building's median across all types is AED 1,309 per sqft.

Source: Dubai Land Department. Updated 16 September 2024.

Questions about C-501, Artesia Tower C

What did unit C-501 last sell for?

AED 758,100 on 18 September 2014, sold by the developer: AED 1,605 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit C-501?

AED 45,000 a year on the contract signed on 16 September 2024. The previous contract, from September 2023, was AED 44,000; the unit has been rented since September 2022.

How big is unit C-501?

472 sqft (43.9 sqm): a studio of a 22-storey tower completed in 2021.

What is unit C-501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Artesia Tower C sold for AED 560,000 to 705,000 in the last 12 months, around AED 1,305 per sqft.

Selling C-501? 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.

How OpenOffers works

Mortgage on C-501, Artesia Tower C

Starts from the last sale price (AED 758K, 18 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 758,100
Deposit, UAE resident (20%)
AED 151,620
Deposit, non-resident (40%)
AED 303,240
Monthly over 25 years at 3.7%
AED 3,102

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