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Sold for AED 583,000: Studio Apartment in DAMAC Hills - Artesia

Located in Damac Hills, Dubai. Its price per sqft is −7% vs the DAMAC Hills - Artesia median (AED 1,302/sqft).

All Damac Hills salesDAMAC Hills - Artesia prices

Sale price

AED 583,000

Per sqft
AED 1,214
Registered
22 Jan 2026, 13:53 (Dubai)

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay P1-89).

Comparable sales

02 / The property

Property details

Size
480 sqft · 44.62 m²
Bedrooms
Studio
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P1-89
Nearest landmark
Motor City

03 / Comparables

All sales in DAMAC Hills - Artesia (5 Jan 2026 – 1 Oct 2026)

39 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
1 Oct 2026769.82K+32% vs selected1,273+5% vs selected
28 Sept 20261.5M+157% vs selected1,096−10% vs selected
8 Sept 20261.56M+167% vs selected1,280+5% vs selected
27 Jul 2026600K+3% vs selected1,305+7% vs selected
16 Jul 20261.6M+174% vs selected1,315+8% vs selected
3 Jul 20261.48M+154% vs selected1,2160% vs selected
2 Jul 20261.35M+132% vs selected986−19% vs selected
2 Jul 20261.03M+76% vs selected1,103−9% vs selected
11 Jun 2026561.9K−4% vs selected1,083−11% vs selected
4 Jun 2026835K+43% vs selected1,802+48% vs selected
3 Jun 20261.1M+89% vs selected1,697+40% vs selected
9 May 2026610K+5% vs selected1,335+10% vs selected
7 May 2026673.46K+16% vs selected1,349+11% vs selected
5 May 20262.11M+262% vs selected1,709+41% vs selected
27 Apr 2026950K+63% vs selected1,197−1% vs selected
16 Apr 2026508.09K−13% vs selected1,075−11% vs selected
15 Apr 20262.14M+268% vs selected1,736+43% vs selected
31 Mar 20261.07M+84% vs selected1,322+9% vs selected
30 Mar 2026560K−4% vs selected1,177−3% vs selected
27 Mar 2026560K−4% vs selected1,178−3% vs selected
23 Mar 20261.31M+125% vs selected1,2140% vs selected
13 Mar 2026610K+5% vs selected1,313+8% vs selected
11 Mar 2026600K+3% vs selected1,309+8% vs selected
3 Mar 2026570K−2% vs selected1,369+13% vs selected
27 Feb 20261.68M+188% vs selected1,2090% vs selected
26 Feb 2026704K+21% vs selected1,472+21% vs selected
23 Feb 2026610K+5% vs selected1,318+9% vs selected
20 Feb 2026590K+1% vs selected1,249+3% vs selected
13 Feb 2026615K+5% vs selected1,302+7% vs selected
9 Feb 2026705K+21% vs selected883−27% vs selected

04 / Renting it out

What similar apartments rent for

Median of 8 market rents of apartments of 408–552 sq ft in DAMAC Hills - Artesia. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 51,000
Per sqft / yr
AED 107/sqft
Gross yield
8.7%