Studio · 419 sqftPrive by Damac Tower A, Business Bay · 14th floor · completed 2019

1402, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 16 January 2025
Last soldAED 712K30 March 2023
Current rentAED 60K /yr16 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Prive by Damac Tower A

What is 1402 worth today?

Last sold for AED 712,385 in 2023

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16 Jan 2025RentedRenewal
AED 60,000/yr12 months · AED 143 per sqft
16 Jan 2024RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
30 Mar 2023SoldReady
AED 712,385AED 1,700 per sqft
16 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
5 Jan 2022RentedNew contract
AED 52,000/yr12 months · AED 124 per sqft
7 Dec 2021Sold by developerReady
AED 754,600AED 1,800 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 January 2025.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
14th of 32
Parking
B-191
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 712K · March 2023

About 1402, Prive by Damac Tower A

1402 is a studio of 419 sqft on the 14th 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 30 March 2023 for AED 712,385, or AED 1,700 per sqft, 13% below the AED 1,947 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 16 January 2025, is AED 60,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2021: AED 754,600 (AED 1,800 per sqft)Sold, March 2023: AED 712,385 (AED 1,700 per sqft)

1402 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, 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, January 2022: AED 52,000 a yearNew contract, January 2023: AED 60,000 a yearNew contract, January 2024: AED 60,000 a yearRenewal, January 2025: AED 60,000 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 1402 sits

All 374 studios →

1402 last sold in March 2023 at AED 1,700 per sqft, 13% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,947). 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. 1402's AED 60,000 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 14th floor

All 516 units in Prive by Damac Tower A
Value
14011-bedAED 1.73M · Nov 2023
1403StudioAED 1.03M · Nov 2024
1404StudioAED 620K · Nov 2019
1405StudioAED 900K · Oct 2023
1406StudioAED 900K · Oct 2023
1407StudioAED 1.17M · Sep 2023
1408StudioAED 673K · Sep 2020
1–7 of 16

1402, Prive by Damac Tower A in numbers

  • Sold twice: first on 7 December 2021 for AED 754,600, last on 30 March 2023 for AED 712,385 (AED 1,700 per sqft).
  • Rented since January 2022 on 4 Ejari contracts, from AED 52,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 8.4%.
  • 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 16 January 2025.

Questions about 1402, Prive by Damac Tower A

What did unit 1402 last sell for?

AED 712,385 on 30 March 2023: AED 1,700 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 754,600 in December 2021.

What is the rent for unit 1402?

AED 60,000 a year on the contract renewed on 16 January 2025. The previous contract, from January 2024, was AED 60,000; the unit has been rented since January 2022.

How big is unit 1402?

419 sqft (38.9 sqm): a studio on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1402 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 1402, Prive by Damac Tower A

Starts from the last sale price (AED 712K, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 712,385
Deposit, UAE resident (20%)
AED 142,477
Deposit, non-resident (40%)
AED 284,954
Monthly over 25 years at 3.7%
AED 2,915

Plus AED 34,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →