AED 599,999
Own this from just
2,468 AED/monthLIMITED TIME OFFER COMMISSION 1%
This stunning studio apartment in Artewsia, Damac Hills 1, offers a unique opportunity at the lowest rental price in the market. The unit is currently rented out, making it a great choice for investors or anyone looking for immediate returns. Situated on the top floor of the building, it provides breathtaking panoramic views of the iconic Dubai skyline, with an added future benefit of the upcoming lagoon development in the area.
Key Specifications:
Studio layout with optimal space utilization.
Panoramic views of Dubai, including the skyline and lush greenery.
Top floor unit – no lower floors or mid-level units available.
Rented high: The current rental yield is among the highest in the market.
Prime location within Damac Hills 1, offering access to world-class amenities.
Future Development: The soon-to-be-completed lagoon will add significant value to the area, enhancing the living experience and providing a unique lifestyle for residents.
Additionally, you can check the last transaction price for this unit type in the area via the [DLD transaction link] for further details.
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Date: 23 Jan, 2025
Type: Studio Apartment
Location: Artesia Tower C, Al Hebiah Third
Prices: AED 750,000 (63.04% YoY)
Prices/Sqft: AED 1,642
Status: Constructed
Sold by: Individual
Property size: 457 Sqft
No of transaction: 2 Transactions
Rental Yield: 4.40%
Last rental:33K AED
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Property details
Property Type
Apartment
Property Size
473 sqft / 44 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Study
Central A/C
Balcony
Private Gym
Private Jacuzzi
Shared Pool
Shared Spa
Security
Concierge
Maid Service
Location
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Price Insights
Transactions for Similar Properties
Studio Apartment in Artesia C
Sold for
Date | AED | Area (sqft) |
---|---|---|
13 Feb 2025 | 550,000 | 470 |
7 Feb 2025 | 712,000 | 463 |
23 Jan 2025 | 750,000 | 457 |
20 Dec 2024 | 565,000 | 460 |
11 Dec 2024 | 545,000 | 473 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
10 Feb 2025 | 54,000 | 460 |
1 Feb 2025 | 44,220 | 460 |
18 Jan 2025 | 43,000 | 476 |
18 Jan 2025 | 43,000 | 476 |
17 Jan 2025 | 55,000 | 460 |
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This property costs 7% less than the average price of studio bedroom in DAMAC Hills
Average Sale Price is 648,602 AED
This property is 2% smaller than the average size of studio bedroom in DAMAC Hills
Average size is 482 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in DAMAC Hills
Provided by
Sham Prime Properties
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Experience
5 years
Languages
English, Hindi, Urdu, Sinhalese
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Monthly payment
2,468 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
asad-8
Listed
1 month ago
Broker License
40601
Zone name
Al Hebiah Third
DLD Permit Number:
7117811258
Agent License
70218
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2,468 AED /month
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