Studio · 500 sqftPrive by Damac Tower A, Business Bay · 1st floor · completed 2019

115, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 4 March 2025
Last soldAED 1.14M10 November 2019
Current rentAED 80K /yr4 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Prive by Damac Tower A

What is 115 worth today?

Last sold for AED 1,140,000 in 2019

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4 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 162 per sqft
22 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
10 Nov 2019Sold by developerOff-plan
AED 1,140,000AED 2,281 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 March 2025.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
1st of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.14M · November 2019

About 115, Prive by Damac Tower A

115 is a studio of 500 sqft on the 1st floor of Prive by Damac Tower A, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. The developer sold it on 10 November 2019 for AED 1,140,000, or AED 2,281 per sqft, in line with the AED 2,263 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 4 March 2025, is AED 80,000 a year: a gross yield of 7.0% on the 2019 price.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical studio in Prive by Damac Tower A
750K1M2013201720212025Typical sale price by year: 2013 AED 913,210; 2014 AED 1,006,050; 2015 AED 917,915; 2016 AED 932,000; 2017 AED 1,080,000; 2018 AED 725,000; 2019 AED 930,000; 2020 AED 673,080; 2021 AED 723,000; 2022 AED 800,000; 2023 AED 950,000; 2024 AED 1,046,500; 2025 AED 1,050,000; 2026 AED 1,048,000Sold by developer, November 2019: AED 1,140,000 (AED 2,281 per sqft)

115 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 115, each contractTypical studio in Prive by Damac Tower A
40K60K80K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 59,200; 2023 AED 67,000; 2024 AED 74,000; 2025 AED 75,000; 2026 AED 75,000New contract, October 2023: AED 65,000 a yearNew contract, March 2025: AED 80,000 a year

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

Studios in Prive by Damac Tower A, and where 115 sits

All 374 studios →

115 last sold in November 2019 at AED 2,281 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,263). Over the last 12 months studios sold for AED 850,000 to 1,145,000, around AED 2,391 per sqft, and rent for AED 46,000 to 100,000 a year. 115's AED 80,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 20261,048,000
22 Jan 2026980,000
15 Jan 20261,070,000
26 Dec 2025960,000
10 studio sales in the last 12 months

Prive by Damac Tower A

Building

516 apartments, studios to 2-bed over 32 floors in Business Bay, completed in 2019 by Namaa Properties Development. 14 sold in the last 12 months.

Typical price per sqft
AED 2,303 Down 3.2%
Typical sale
AED 1.07M
Typical rent
AED 80K /yr
Typical yield
7.4%
Prive by Damac Tower A, Business Bay: prices, sales and rents →

Other units on the 1st floor

All 516 units in Prive by Damac Tower A
Value
111StudioAED 1.24M · Feb 2022
112StudioAED 1.28M · Oct 2023
113StudioAED 1.19M · Jun 2024
114StudioAED 1.09M · Feb 2020
1171-bedAED 1.5M · Feb 2020

115, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 10 November 2019 for AED 1,140,000, or AED 2,281 per sqft.
  • Rented since October 2023 on 2 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 7.0%.
  • Studios in Prive by Damac Tower A sold for AED 850,000–1,145,000 in the 12 months to November 2026; the building's median across all types is AED 2,303 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 March 2025.

Questions about 115, Prive by Damac Tower A

What did unit 115 last sell for?

AED 1,140,000 on 10 November 2019, sold by the developer: AED 2,281 per sqft for 500 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 80,000 a year on the contract signed on 4 March 2025. The previous contract, from October 2023, was AED 65,000.

How big is unit 115?

500 sqft (46.5 sqm): a studio on the 1st floor of a 32-storey tower completed in 2019.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prive by Damac Tower A sold for AED 850,000 to 1,145,000 in the last 12 months, around AED 2,391 per sqft.

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Mortgage on 115, Prive by Damac Tower A

Starts from the last sale price (AED 1.14M, 10 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

Plus AED 52,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →