Studio · 431 sqftPrive by Damac Tower A, Business Bay · 24th floor · completed 2019

2402, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 1.05M1 September 2023
Current rentAED 75K /yr28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Prive by Damac Tower A

What is 2402 worth today?

Last sold for AED 1,050,000 in 2023

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28 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
28 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 163 per sqft
1 Sep 2023SoldReady
AED 1,050,000AED 2,434 per sqft
25 Jul 2023RentedNew contract
AED 70,000/yr12 months · AED 163 per sqft
10 Mar 2022RentedNew contract
AED 58,000/yr12 months · AED 135 per sqft
23 Mar 2014Sold by developerOff-plan
AED 994,650AED 2,306 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Key facts

Type
Studio hotel apartment
Size
431 sqft
Floor
24th of 32
Parking
P1-62
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.05M · September 2023

About 2402, Prive by Damac Tower A

2402 is a studio of 431 sqft on the 24th 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 1 September 2023 for AED 1,050,000, or AED 2,434 per sqft, 13% above the AED 2,147 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 28 August 2025, is AED 75,000 a year: a gross yield of 7.1% on the 2023 price.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, March 2014: AED 994,650 (AED 2,306 per sqft)Sold, September 2023: AED 1,050,000 (AED 2,434 per sqft)

2402 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2402, 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, March 2022: AED 58,000 a yearNew contract, July 2023: AED 70,000 a yearNew contract, August 2024: AED 70,000 a yearNew contract, August 2025: AED 75,000 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 2402 sits

All 374 studios →

2402 last sold in September 2023 at AED 2,434 per sqft, 13% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,147). 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. 2402's AED 75,000 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 24th floor

All 516 units in Prive by Damac Tower A
Value
24011-bedAED 1.97M · Jun 2016
2403StudioAED 880K · Feb 2023
2404StudioAED 902K · Feb 2024
2405StudioAED 772K · Mar 2022
2406StudioAED 1.08M · Jun 2014
2407StudioAED 910K · May 2023
2408StudioAED 820K · Mar 2022
1–7 of 16

2402, Prive by Damac Tower A in numbers

  • Sold twice: first on 23 March 2014 for AED 994,650, last on 1 September 2023 for AED 1,050,000 (AED 2,434 per sqft).
  • Rented since March 2022 on 4 Ejari contracts, from AED 58,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 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 28 August 2025.

Questions about 2402, Prive by Damac Tower A

What did unit 2402 last sell for?

AED 1,050,000 on 1 September 2023: AED 2,434 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 994,650 in March 2014.

What is the rent for unit 2402?

AED 75,000 a year on the contract signed on 28 August 2025. The previous contract, from August 2024, was AED 70,000; the unit has been rented since March 2022.

How big is unit 2402?

431 sqft (40.0 sqm): a studio on the 24th floor of a 32-storey tower completed in 2019.

What is unit 2402 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 2402, Prive by Damac Tower A

Starts from the last sale price (AED 1.05M, 1 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →