Studio · 396 sqftPrive by Damac Tower A, Business Bay · 2nd floor · completed 2019

215, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 1.04M10 April 2014
Current rentAED 74K /yr22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Prive by Damac Tower A

What is 215 worth today?

Last sold for AED 1,039,300 in 2014

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22 Oct 2024RentedNew contract
AED 74,000/yr12 months · AED 187 per sqft
10 Apr 2014Sold by developerOff-plan
AED 1,039,300AED 2,623 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 October 2024.

Key facts

Type
Studio hotel apartment
Size
396 sqft
Floor
2nd of 32
Parking
B-15
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.04M · April 2014

About 215, Prive by Damac Tower A

215 is a studio of 396 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 10 April 2014 for AED 1,039,300, or AED 2,623 per sqft, 16% above the AED 2,266 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 October 2024. The current contract, signed on 22 October 2024, is AED 74,000 a year: a gross yield of 7.1% on the 2014 price.

Sales and rents for 215 over time

Sales
Unit 215, 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 1,039,300 (AED 2,623 per sqft)

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

Rents
Unit 215, 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 2024: AED 74,000 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 215 sits

All 374 studios →

215 last sold in April 2014 at AED 2,623 per sqft, 16% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,266). 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. 215's AED 74,000 is in the upper 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 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

215, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 10 April 2014 for AED 1,039,300, or AED 2,623 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2014 price is 7.1%.
  • 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 22 October 2024.

Questions about 215, Prive by Damac Tower A

What did unit 215 last sell for?

AED 1,039,300 on 10 April 2014, sold by the developer: AED 2,623 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 74,000 a year on the contract signed on 22 October 2024.

How big is unit 215?

396 sqft (36.8 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 215 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 215, Prive by Damac Tower A

Starts from the last sale price (AED 1.04M, 10 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,039,300
Deposit, UAE resident (20%)
AED 207,860
Deposit, non-resident (40%)
AED 415,720
Monthly over 25 years at 3.7%
AED 4,252

Plus AED 48,661 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →