Studio · 373 sqftPrive by Damac Tower A, Business Bay · 17th floor · completed 2019

1704, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 11 August 2025
Last soldAED 650K13 December 2021
Current rentAED 68K /yr11 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Prive by Damac Tower A

What is 1704 worth today?

Last sold for AED 650,000 in 2021

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11 Aug 2025RentedRenewal
AED 68,000/yr12 months · AED 183 per sqft
11 Aug 2024RentedNew contract
AED 68,000/yr12 months · AED 183 per sqft
1 Apr 2023RentedNew contract
AED 60,000/yr12 months · AED 161 per sqft
1 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 146 per sqft
13 Dec 2021SoldReady
AED 650,000AED 1,744 per sqft
21 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 107 per sqft
16 Oct 2020RentedNew contract
AED 62,000/yr12 months · AED 166 per sqft
5 Dec 2013Sold by developerOff-plan
AED 818,000AED 2,195 per sqft

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

Key facts

Type
Studio apartment
Size
373 sqft
Floor
17th of 32
Parking
B-244
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 650K · December 2021

About 1704, Prive by Damac Tower A

1704 is a studio of 373 sqft on the 17th 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 13 December 2021 for AED 650,000, or AED 1,744 per sqft, in line with the AED 1,741 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 11 August 2025, is AED 68,000 a year: a gross yield of 10.5% on the 2021 price.

Sales and rents for 1704 over time

Sales
Unit 1704, 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 818,000 (AED 2,195 per sqft)Sold, December 2021: AED 650,000 (AED 1,744 per sqft)

1704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1704, 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, October 2020: AED 62,000 a yearNew contract, January 2021: AED 40,000 a yearNew contract, April 2022: AED 55,000 a yearNew contract, April 2023: AED 60,000 a yearNew contract, August 2024: AED 68,000 a yearRenewal, August 2025: AED 68,000 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 1704 sits

All 374 studios →

1704 last sold in December 2021 at AED 1,744 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 1,741). 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. 1704's AED 68,000 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 17th floor

All 516 units in Prive by Damac Tower A
Value
17011-bedAED 1.2M · Dec 2021
1702StudioAED 650K · Dec 2021
1703StudioAED 650K · Dec 2021
1705StudioAED 1.07M · Jun 2024
1706StudioAED 690K · Mar 2022
1707StudioAED 650K · Dec 2021
1708StudioAED 850K · Dec 2022
1–7 of 16

1704, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 December 2013 for AED 818,000, last on 13 December 2021 for AED 650,000 (AED 1,744 per sqft).
  • Rented since October 2020 on 6 Ejari contracts. The rent fell from AED 62,000 to AED 40,000 in 2021 and recovered to AED 68,000 by August 2025.
  • At AED 68,000 a year the gross yield on the 2021 price is 10.5%.
  • 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 11 August 2025.

Questions about 1704, Prive by Damac Tower A

What did unit 1704 last sell for?

AED 650,000 on 13 December 2021: AED 1,744 per sqft for 373 sqft. The unit has 2 registered sales; the first was AED 818,000 in December 2013.

What is the rent for unit 1704?

AED 68,000 a year on the contract renewed on 11 August 2025. The previous contract, from August 2024, was AED 68,000; the unit has been rented since October 2020.

How big is unit 1704?

373 sqft (34.7 sqm): a studio on the 17th floor of a 32-storey tower completed in 2019.

What is unit 1704 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 1704, Prive by Damac Tower A

Starts from the last sale price (AED 650K, 13 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →