1-bed · 644 sqftArtesia Tower C, Damac Hills · completed 2021

C-503, Artesia Tower C

Sold prices and rental history: sold once, by the developer in February 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-503 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1.04M24 February 2015
Current rentAED 56K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-503, Artesia Tower C

What is C-503 worth today?

Last sold for AED 1,035,500 in 2015

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15 Mar 2024RentedRenewal
AED 56,167/yr12 months · AED 87 per sqft
15 Mar 2023RentedNew contract
AED 52,000/yr12 months · AED 81 per sqft
24 Feb 2015Sold by developerOff-plan
AED 1,035,500AED 1,608 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
1-bed hotel apartment
Size
644 sqft
Parking
P2-279
Developer
DAMAC
Completed
2021
Service charge
AED 14,500 /yr
Last sold
AED 1.04M · February 2015

About C-503, Artesia Tower C

C-503 is a one-bedroom hotel apartment of 644 sqft of Artesia Tower C, a 22-storey tower in Damac Hills completed in 2021 by DAMAC. The developer sold it on 24 February 2015 for AED 1,035,500, or AED 1,608 per sqft, 7% above the AED 1,506 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 56,167 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 14,500 a year.

Sales and rents for C-503 over time

Sales
Unit C-503, each saleTypical one-bed in Artesia Tower C
750K1M1.25M20142017202020232026Typical sale price by year: 2014 AED 1,221,700; 2015 AED 1,135,000; 2021 AED 843,500; 2022 AED 1,115,000; 2023 AED 775,000; 2024 AED 932,500; 2025 AED 980,000Sold by developer, February 2015: AED 1,035,500 (AED 1,608 per sqft)

C-503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-503, each contractTypical one-bed in Artesia Tower C
50K60K70K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 65,000; 2024 AED 70,000; 2025 AED 72,000; 2026 AED 73,500New contract, March 2023: AED 52,000 a yearRenewal, March 2024: AED 56,167 a year

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

1-beds in Artesia Tower C, and where C-503 sits

All 71 1-beds →

C-503 last sold in February 2015 at AED 1,608 per sqft, 7% above what one-beds in Artesia Tower C were fetching at the time (AED 1,506). Over the last 12 months one-beds sold for AED 952,000 to 1,250,000, around AED 1,515 per sqft, and rent for AED 53,000 to 221,429 a year. C-503's AED 56,167 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jan 20261,250,000
26 Nov 2025952,000
17 Oct 20251,125,000
2 Oct 20251,000,000
2 1-bed 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-503, Artesia Tower C in numbers

  • Sold once: by DAMAC on 24 February 2015 for AED 1,035,500, or AED 1,608 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 52,000 to AED 56,167 a year.
  • At AED 56,167 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 14,500 a year (AED 22.59 per sqft).
  • One-beds in Artesia Tower C sold for AED 952,000–1,250,000 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 15 March 2024.

Questions about C-503, Artesia Tower C

What did unit C-503 last sell for?

AED 1,035,500 on 24 February 2015, sold by the developer: AED 1,608 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit C-503?

AED 56,167 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 52,000.

How big is unit C-503?

644 sqft (59.8 sqm): a one-bedroom hotel apartment of a 22-storey tower completed in 2021.

What is unit C-503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Artesia Tower C sold for AED 952,000 to 1,250,000 in the last 12 months, around AED 1,515 per sqft.

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Mortgage on C-503, Artesia Tower C

Starts from the last sale price (AED 1.04M, 24 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,035,500
Deposit, UAE resident (20%)
AED 207,100
Deposit, non-resident (40%)
AED 414,200
Monthly over 25 years at 3.7%
AED 4,237

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