1-bed · 957 sqftPrive by Damac Tower A, Business Bay · 16th floor · completed 2019

1601, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 1.78M8 August 2023
Current rentAED 115K /yr11 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Prive by Damac Tower A

What is 1601 worth today?

Last sold for AED 1,780,000 in 2023

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11 Apr 2025RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
12 Feb 2024RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
8 Aug 2023SoldReady
AED 1,780,000AED 1,859 per sqft
1 May 2022RentedRenewal
AED 77,000/yr6 months · AED 80 per sqft
1 May 2021RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
27 Feb 2014Sold by developerOff-plan
AED 1,932,950AED 2,019 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 April 2025.

Key facts

Type
1-bed apartment
Size
957 sqft
Floor
16th of 32
Parking
B-225
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.78M · August 2023

About 1601, Prive by Damac Tower A

1601 is a one-bedroom apartment of 957 sqft on the 16th 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 8 August 2023 for AED 1,780,000, or AED 1,859 per sqft, in line with the AED 1,859 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 11 April 2025, is AED 115,000 a year: a gross yield of 6.5% on the 2023 price.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Prive by Damac Tower A
1.5M2M2013201720212025Typical sale price by year: 2013 AED 1,927,450; 2014 AED 2,066,835; 2017 AED 1,953,000; 2018 AED 1,942,980; 2019 AED 1,862,000; 2020 AED 1,536,530; 2021 AED 1,507,000; 2022 AED 1,620,000; 2023 AED 1,715,000; 2024 AED 1,700,000; 2025 AED 1,650,000Sold by developer, February 2014: AED 1,932,950 (AED 2,019 per sqft)Sold, August 2023: AED 1,780,000 (AED 1,859 per sqft)

1601 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, each contractTypical one-bed in Prive by Damac Tower A
100K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 126,500New contract, May 2021: AED 70,000 a yearRenewal, May 2022: AED 77,000 a yearNew contract, February 2024: AED 115,000 a yearNew contract, April 2025: AED 115,000 a year

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

1-beds in Prive by Damac Tower A, and where 1601 sits

All 92 1-beds →

1601 last sold in August 2023 at AED 1,859 per sqft, in line with what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,859). Over the last 12 months one-beds sold for AED 1,700,000 to 1,750,000, around AED 1,818 per sqft, and rent for AED 105,000 to 140,000 a year. 1601's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,700,000
6 Feb 20261,736,782
16 Jun 20251,700,000
28 Apr 20251,650,000
4 1-bed 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 16th floor

All 516 units in Prive by Damac Tower A
Value
1602StudioAED 935K · Mar 2014
1603StudioAED 927K · Mar 2014
1604StudioAED 880K · Dec 2013
1605StudioAED 910K · Feb 2023
1606StudioAED 1.13M · Aug 2023
1607StudioAED 1.01M · Dec 2014
1608StudioAED 1M · Dec 2014
1–7 of 16

1601, Prive by Damac Tower A in numbers

  • Sold twice: first on 27 February 2014 for AED 1,932,950, last on 8 August 2023 for AED 1,780,000 (AED 1,859 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 70,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 6.5%.
  • One-beds in Prive by Damac Tower A sold for AED 1,700,000–1,750,000 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 11 April 2025.

Questions about 1601, Prive by Damac Tower A

What did unit 1601 last sell for?

AED 1,780,000 on 8 August 2023: AED 1,859 per sqft for 957 sqft. The unit has 2 registered sales; the first was AED 1,932,950 in February 2014.

What is the rent for unit 1601?

AED 115,000 a year on the contract signed on 11 April 2025. The previous contract, from February 2024, was AED 115,000; the unit has been rented since May 2021.

How big is unit 1601?

957 sqft (88.9 sqm): a one-bedroom apartment on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower A sold for AED 1,700,000 to 1,750,000 in the last 12 months, around AED 1,818 per sqft.

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Mortgage on 1601, Prive by Damac Tower A

Starts from the last sale price (AED 1.78M, 8 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

Plus AED 79,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →