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Under construction

The Artist Hotel by The Heart of Europe

Price from

AED 1,575,308≈ $428,947 · Rate as of 2026-10-15US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 30,138 per m² ≈ $8,206

pricier than 75% of city projects: +52%

Data verified Aug 28, 2026 · price source: developer partner network · updated 2 mo. ago

Properties
Hotel unit
Area
52 - 128 m²
Bedrooms
1
Completion
Q2 2027
Readiness
Under construction
Dry season
Jul, Aug, Oct
First instalment
20%

Price

Is this expensive for the city

$8,206 per m², Dubai median $5,399

$38$52,299

+52% vs the city median (Dubai), sample of 372 projects. pricier than 75% of city projects.

Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

Purchase estimate for this project

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The cost of this project

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What it really costs

Payment plan

  1. 20%Step 1 · On booking$85,790
  2. 4%Step 2 · Tax$17,158
  3. 60%Step 3 · Before commissioning$257,368
  4. 20%Step 4 · On transfer$85,790
Total
$428,947

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$214,474$1,263,744
$422$6,440

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

40%100%
0%20%
Monthly income
$1,642
Annual income
$19,699
Gross yield
5.7%
Net yield
4.6%
Value in 5 years
$574,028
5-year ROI
57%
See calculation details
Gross annual rent
$24,523
Common area fee
-$221
Tax (10%)
-$2,452
Agent commission
-$2,151
Net annual income
$19,699
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct Wettest months: Jan, Mar, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.117
Feb20.88
Mar23.316
Apr26.99
May30.74
Jun33.14
Jul35.01
Aug35.41
Sep33.52
Oct30.71
Nov26.58
Dec22.514

Source: NASA POWER, climate normal (2001-2020). Grid node 25.2, 55.2. This is a multi-year normal, not a weather forecast.

About the project

Properties
Hotel unit
Completion
Q2 2027
Status
Under construction
Area
52 - 128 m²

Description

The Artist Hotel by The Heart of Europe is under construction in Dubai, United Arab Emirates, with completion set for June 2027. The developer is The Heart of Europe.

The units on offer are one-bedroom layouts ranging from 52.27 to 128.32 square meters. Prices start at AED 1,575,308 and go up to AED 3,867,584, with a price per square meter from AED 30,138. The gap between the smallest and largest unit shows a range running from compact to larger one-bedroom layouts.

The project is currently under construction, and completion is scheduled for June 2027.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Price in your currency

Rate: 1 USD = 3.6725 AED≈ $428,947Rate as of 2026-10-15

Denominated in AED - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Dubai, United Arab Emirates

Market context

Apartment prices20%
Villa prices29%
Residential transactions56,723transactions, ↑ +16% YoY
Average apartment rentAED 107,000↑ +8.5% YoY
Price per sqmAED 1,600↑ +8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

Sources (6) · updated 21/08/2026

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