Studio · 373 sqftPrive by Damac Tower A, Business Bay · 2nd floor · completed 2019

214, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 4 May 2024
Last soldAED 968K6 April 2014
Current rentAED 40K /yr4 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Prive by Damac Tower A

What is 214 worth today?

Last sold for AED 968,050 in 2014

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4 May 2024RentedRenewal
AED 40,000/yr12 months · AED 107 per sqft
4 May 2022RentedNew contract
AED 40,000/yr12 months · AED 107 per sqft
28 Apr 2021RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
6 Apr 2014Sold by developerOff-plan
AED 968,050AED 2,598 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 May 2024.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
2nd of 32
Parking
B-14
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 968K · April 2014

About 214, Prive by Damac Tower A

214 is a studio of 373 sqft on the 2nd 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 6 April 2014 for AED 968,050, or AED 2,598 per sqft, 15% above the AED 2,264 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 May 2024, is AED 40,000 a year: a gross yield of 4.1% on the 2014 price.

Sales and rents for 214 over time

Sales
Unit 214, 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, April 2014: AED 968,050 (AED 2,598 per sqft)

214 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 214, 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, April 2021: AED 40,000 a yearNew contract, May 2022: AED 40,000 a yearRenewal, May 2024: AED 40,000 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 214 sits

All 374 studios →

214 last sold in April 2014 at AED 2,598 per sqft, 15% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,264). 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. 214's AED 40,000 is at the bottom 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 2nd floor

All 516 units in Prive by Damac Tower A
Value
2011-bedAED 1.75M · Feb 2023
202StudioAED 1.07M · Apr 2014
203StudioAED 1.04M · Apr 2014
204StudioAED 880K · Jul 2023
205StudioAED 1.02M · Jan 2024
206StudioAED 1.12M · Jun 2014
207StudioAED 1.13M · Jan 2024
1–7 of 16

214, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 6 April 2014 for AED 968,050, or AED 2,598 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 4.1%.
  • 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 4 May 2024.

Questions about 214, Prive by Damac Tower A

What did unit 214 last sell for?

AED 968,050 on 6 April 2014, sold by the developer: AED 2,598 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 40,000 a year on the contract renewed on 4 May 2024. The previous contract, from May 2022, was AED 40,000; the unit has been rented since April 2021.

How big is unit 214?

373 sqft (34.7 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 214 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 214, Prive by Damac Tower A

Starts from the last sale price (AED 968K, 6 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 968,050
Deposit, UAE resident (20%)
AED 193,610
Deposit, non-resident (40%)
AED 387,220
Monthly over 25 years at 3.7%
AED 3,961

Plus AED 45,668 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →