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Studio · 401 sqftPrive by Damac Tower A, Business Bay · 13th floor · completed 2019

1316, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1316 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.08M18 December 2024
Current rentAED 65K /yr11 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1316, Prive by Damac Tower A

What is 1316 worth today?

Last sold for AED 1,080,000 in 2024

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18 Dec 2024SoldReady
AED 1,080,000AED 2,695 per sqft
1 Oct 2024SoldReady
AED 900,000AED 2,246 per sqft
11 Jun 2024RentedNew contract
AED 65,000/yr12 months · AED 163 per sqft
27 May 2023RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
21 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
12 Nov 2021RentedRenewal
AED 42,000/yr12 months · AED 105 per sqft
12 Nov 2020RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
15 Dec 2013Sold by developerOff-plan
AED 876,003AED 2,186 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2024.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
13th of 32
Parking
B-186
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · December 2024
Building
Prive by Damac Tower A

About 1316, Prive by Damac Tower A

1316 is a studio of 401 sqft on the 13th floor of Prive by Damac Tower A, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 18 December 2024 for AED 1,080,000, or AED 2,695 per sqft, 12% above the AED 2,396 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 11 June 2024, is AED 65,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 1316 over time

Sales
Unit 1316, 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, December 2013: AED 876,003 (AED 2,186 per sqft)Sold, October 2024: AED 900,000 (AED 2,246 per sqft)Sold, December 2024: AED 1,080,000 (AED 2,695 per sqft)

1316 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1316, 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, November 2020: AED 42,000 a yearRenewal, November 2021: AED 42,000 a yearNew contract, April 2022: AED 55,000 a yearNew contract, May 2023: AED 60,000 a yearNew contract, June 2024: AED 65,000 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 1316 sits

All 374 studios →

1316 last sold in December 2024 at AED 2,695 per sqft, 12% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,396). 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. 1316's AED 65,000 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 13th floor

All 516 units in Prive by Damac Tower A
Value
1301StudioAED 912K · Aug 2022
1302StudioAED 1.05M · Nov 2024
1303StudioAED 867K · Dec 2013
1304StudioAED 965K · Sep 2024
1305StudioAED 964K · Mar 2014
1306StudioAED 864K · Nov 2021
1307StudioAED 879K · Jan 2022
1–7 of 18

1316, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 15 December 2013 for AED 876,003, last on 18 December 2024 for AED 1,080,000 (AED 2,695 per sqft).
  • Rented since November 2020 on 5 Ejari contracts, from AED 42,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.0%.
  • 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 18 December 2024.

Questions about 1316, Prive by Damac Tower A

What did unit 1316 last sell for?

AED 1,080,000 on 18 December 2024: AED 2,695 per sqft for 401 sqft. The unit has 3 registered sales; the first was AED 876,003 in December 2013.

What is the rent for unit 1316?

AED 65,000 a year on the contract signed on 11 June 2024. The previous contract, from May 2023, was AED 60,000; the unit has been rented since November 2020.

How big is unit 1316?

401 sqft (37.3 sqm): a studio on the 13th floor of a 32-storey tower completed in 2019.

What is unit 1316 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 1316, Prive by Damac Tower A

Starts from the last sale price (AED 1.08M, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

Plus AED 50,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →