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Studio · 453 sqftPrive by Damac Tower A, Business Bay · 12th floor · completed 2019

1217, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in March 2017, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1217 · DLD and Ejari recordsUpdated 5 August 2021
Last soldAED 1.08M13 March 2017
Current rentAED 62K /yr5 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1217, Prive by Damac Tower A

What is 1217 worth today?

Last sold for AED 1,081,000 in 2017

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5 Aug 2021RentedNew contract
AED 62,000/yr12 months · AED 137 per sqft
13 Mar 2017Sold by developerOff-plan
AED 1,081,000AED 2,388 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2021.

Key facts

Type
Studio apartment
Size
453 sqft
Floor
12th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · March 2017
Building
Prive by Damac Tower A

About 1217, Prive by Damac Tower A

1217 is a studio of 453 sqft on the 12th 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 13 March 2017 for AED 1,081,000, or AED 2,388 per sqft, 3% above the AED 2,315 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 August 2021. The current contract, signed on 5 August 2021, is AED 62,000 a year: a gross yield of 5.7% on the 2017 price.

Sales and rents for 1217 over time

Sales
Unit 1217, each saleTypical studio in Prive by Damac Tower A
600K800K1M2013201720212025Typical 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, March 2017: AED 1,081,000 (AED 2,388 per sqft)

1217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1217, 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, August 2021: AED 62,000 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 1217 sits

All 374 studios →

1217 last sold in March 2017 at AED 2,388 per sqft, 3% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,315). Over the last 12 months studios sold for AED 960,000 to 1,145,000, around AED 2,416 per sqft, and rent for AED 46,000 to 100,000 a year. 1217's AED 62,000 is in the lower 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
9 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. 13 sold in the last 12 months.

Typical price per sqft
AED 2,335 Down 1.3%
Typical sale
AED 1.07M
Typical rent
AED 80K /yr
Typical yield
7.3%
Prive by Damac Tower A, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 516 units in Prive by Damac Tower A
Value
1201StudioAED 840K · Mar 2022
1202StudioAED 980K · May 2024
1203StudioAED 1.04M · Oct 2024
1204StudioAED 980K · Feb 2025
1205StudioAED 1.05M · Apr 2025
1206StudioAED 750K · Jan 2025
1207StudioAED 1.17M · Sep 2023
1–7 of 18

1217, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 13 March 2017 for AED 1,081,000, or AED 2,388 per sqft.
  • Rented since August 2021 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2017 price is 5.7%.
  • Studios in Prive by Damac Tower A sold for AED 960,000–1,145,000 in the 12 months to November 2026; the building's median across all types is AED 2,335 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2021.

Questions about 1217, Prive by Damac Tower A

What did unit 1217 last sell for?

AED 1,081,000 on 13 March 2017, sold by the developer: AED 2,388 per sqft for 453 sqft. It is the only registered sale of the unit.

What is the rent for unit 1217?

AED 62,000 a year on the contract signed on 5 August 2021.

How big is unit 1217?

453 sqft (42.1 sqm): a studio on the 12th floor of a 32-storey tower completed in 2019.

What is unit 1217 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 960,000 to 1,145,000 in the last 12 months, around AED 2,416 per sqft.

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Mortgage on 1217, Prive by Damac Tower A

Starts from the last sale price (AED 1.08M, 13 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,081,000
Deposit, UAE resident (20%)
AED 216,200
Deposit, non-resident (40%)
AED 432,400
Monthly over 25 years at 3.7%
AED 4,423

Plus AED 50,412 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →