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DAMAC HILLS - ARTESIA TOWER C

Studio Studio DAMAC Properties

BELOW MARKET

Total Price

560,000

Rate

1,176 AED/sqft

Size

476 sqft

Comparable sales

View area trends

Rental context

Comparable studio studios in DAMAC Hills rent for a median of 41,146/yr across 166 Ejari contracts in the last two years.

Median annual rent
41,146
Sale price (this txn)
560,000
Implied gross yield
7.3%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,176 AED/sqft, below market compared with the median of comparable studio sales in DAMAC Hills.

  • Comparable median: 1,308 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −10.1%.
  • Gifts and mortgages excluded.
highSale

Location context

DAMAC Hills · DAMAC Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open DAMAC HILLS - ARTESIA TOWER C on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
DAMAC HILLS - ARTESIA TOWER C, DAMAC Hills
Sale date
30 Mar 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-12094
DLD AED/sqm
12,670(our derived AED/sqft: 1,176)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-11-2026-12094
instance_date
2026-03-30
area_name_en
DAMAC Hills
master_project_en
DAMAC HILLS
project_name_en
DAMAC HILLS - ARTESIA
building_name_en
DAMAC HILLS - ARTESIA TOWER C
property_type_en
Studio
rooms
0 BR
size_sqft
476
actual_worth
AED 560,000
meter_sale_price
12,670 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Motor City
nearest_metro_en
nearest_mall_en
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗