1607, Prive by Damac Tower A
Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Prive by Damac Tower A
What is 1607 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 489 sqft
- Floor
- 16th of 32
- Parking
- B-231
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.01M · December 2014
- Building
- Prive by Damac Tower A
About 1607, Prive by Damac Tower A
1607 is a studio of 489 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. The developer sold it on 27 December 2014 for AED 1,012,370, or AED 2,070 per sqft, 15% below the AED 2,430 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 65,000 a year: a gross yield of 6.4% on the 2014 price.
Sales and rents for 1607 over time
1607 has sold once; the dashed line is the studio median of each year in the building.
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 1607 sits
All 374 studios →1607 last sold in December 2014 at AED 2,070 per sqft, 15% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,430). 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. 1607's AED 65,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 443 sqft | 1,048,000 | 2,366 | ||
| 22 Jan 202622 January 2026 | 373 sqft | 980,000 | 2,630 | ||
| 15 Jan 202615 January 2026 | 443 sqft | 1,070,000 | 2,416 | ||
| 26 Dec 202526 December 2025 | 373 sqft | 960,000 | 2,576 |
Prive by Damac Tower A
Building516 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%
Other units on the 16th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 957 sqft | AED 1.78MAED 1,780,000 · Aug 2023August 2023 | 115,000 /yr | |
| 1602 | Studio | 419 sqft | AED 935KAED 934,650 · Mar 2014March 2014 | 82,400 /yr | |
| 1603 | Studio | 402 sqft | AED 927KAED 926,610 · Mar 2014March 2014 | 73,000 /yr | |
| 1604 | Studio | 373 sqft | AED 880KAED 879,710 · Dec 2013December 2013 | 80,000 /yr | |
| 1605 | Studio | 431 sqft | AED 910KAED 910,000 · Feb 2023February 2023 | 75,000 /yr | |
| 1606 | Studio | 471 sqft | AED 1.13MAED 1,128,000 · Aug 2023August 2023 | ||
| 1608 | Studio | 438 sqft | AED 1MAED 1,002,320 · Dec 2014December 2014 | ||
| 1609 | 1-bed | 982 sqft | AED 2.27MAED 2,270,730 · Mar 2014March 2014 | ||
| 1610 | 2-bed | 1,381 sqft | AED 3.03MAED 3,025,000 · Apr 2017April 2017 | 180,000 /yr | |
| 1611 | Studio | 491 sqft | AED 1.17MAED 1,174,000 · Feb 2025February 2025 | 80,000 /yr | |
| 1612 | Studio | 471 sqft | AED 1.06MAED 1,056,590 · Dec 2013December 2013 | 70,000 /yr | |
| 1613 | Studio | 432 sqft | AED 979KAED 978,870 · Feb 2014February 2014 | 85,000 /yr | |
| 1614 | Studio | 373 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 55,000 /yr | |
| 1615 | Studio | 396 sqft | AED 910KAED 910,000 · Dec 2022December 2022 | 70,000 /yr | |
| 1616 | Studio | 401 sqft | AED 1.02MAED 1,019,350 · Jun 2014June 2014 | 82,500 /yr | |
| 1617 | 1-bed | 967 sqft | AED 1.53MAED 1,530,000 · Feb 2025February 2025 | 120,000 /yr |
1607, Prive by Damac Tower A in numbers
- Sold once: by Namaa Properties Development on 27 December 2014 for AED 1,012,370, or AED 2,070 per sqft.
- Rented since October 2022 on 3 Ejari contracts, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2014 price is 6.4%.
- 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 25 October 2024.
Questions about 1607, Prive by Damac Tower A
What did unit 1607 last sell for?
AED 1,012,370 on 27 December 2014, sold by the developer: AED 2,070 per sqft for 489 sqft. It is the only registered sale of the unit.
What is the rent for unit 1607?
AED 65,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 64,826; the unit has been rented since October 2022.
How big is unit 1607?
489 sqft (45.4 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.
What is unit 1607 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 1607, Prive by Damac Tower A
Starts from the last sale price (AED 1.01M, 27 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,012,370
- Deposit, UAE resident (20%)
- AED 202,474
- Deposit, non-resident (40%)
- AED 404,948
- Monthly over 25 years at 3.7%
- AED 4,142
Plus AED 47,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →