2416, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in December 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2416, Prive by Damac Tower A
What is 2416 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 December 2022.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 24th of 32
- Parking
- P1-74
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 950K · December 2022
- Building
- Prive by Damac Tower A
About 2416, Prive by Damac Tower A
2416 is a studio of 408 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 19 December 2022 for AED 950,000, or AED 2,328 per sqft, 25% above the AED 1,857 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 10 November 2021, is AED 50,400 a year: a gross yield of 5.3% on the 2022 price.
Sales and rents for 2416 over time
2416 has sold twice; 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 2416 sits
All 374 studios →2416 last sold in December 2022 at AED 2,328 per sqft, 25% above what studios in Prive by Damac Tower A were fetching at the time (AED 1,857). 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. 2416's AED 50,400 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 24th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 933 sqft | AED 1.97MAED 1,970,050 · Jun 2016June 2016 | 105,000 /yr | |
| 2402 | Studio | 431 sqft | AED 1.05MAED 1,050,000 · Sep 2023September 2023 | 75,000 /yr | |
| 2403 | Studio | 414 sqft | AED 880KAED 880,000 · Feb 2023February 2023 | 80,000 /yr | |
| 2404 | Studio | 373 sqft | AED 902KAED 902,000 · Feb 2024February 2024 | 68,000 /yr | |
| 2405 | Studio | 431 sqft | AED 772KAED 771,840 · Mar 2022March 2022 | 82,000 /yr | |
| 2406 | Studio | 443 sqft | AED 1.08MAED 1,076,690 · Jun 2014June 2014 | 70,000 /yr | |
| 2407 | Studio | 416 sqft | AED 910KAED 910,000 · May 2023May 2023 | 54,804 /yr | |
| 2408 | Studio | 414 sqft | AED 820KAED 820,000 · Mar 2022March 2022 | ||
| 2409 | 1-bed | 896 sqft | AED 1.65MAED 1,650,000 · Apr 2025April 2025 | ||
| 2410 | 2-bed | 1,342 sqft | AED 3.01MAED 3,010,000 · Feb 2017February 2017 | ||
| 2411 | Studio | 413 sqft | AED 725KAED 725,000 · Sep 2018September 2018 | 67,000 /yr | |
| 2412 | 443 sqft | AED 1.02MAED 1,020,000 · Nov 2025November 2025 | 52,500 /yr | ||
| 2413 | Studio | 432 sqft | AED 1MAED 1,000,000 · Oct 2019October 2019 | ||
| 2414 | 373 sqft | AED 850KAED 850,000 · Nov 2025November 2025 | 73,000 /yr | ||
| 2415 | Studio | 408 sqft | AED 949KAED 948,720 · Mar 2014March 2014 | 80,000 /yr | |
| 2417 | 1-bed | 923 sqft | AED 1.5MAED 1,500,000 · Mar 2025March 2025 |
2416, Prive by Damac Tower A in numbers
- Sold twice: first on 28 December 2014 for AED 994,650, last on 19 December 2022 for AED 950,000 (AED 2,328 per sqft).
- Rented since November 2020 on 2 Ejari contracts, from AED 48,000 to AED 50,400 a year.
- At AED 50,400 a year the gross yield on the 2022 price is 5.3%.
- 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 19 December 2022.
Questions about 2416, Prive by Damac Tower A
What did unit 2416 last sell for?
AED 950,000 on 19 December 2022: AED 2,328 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 994,650 in December 2014.
What is the rent for unit 2416?
AED 50,400 a year on the contract renewed on 10 November 2021. The previous contract, from November 2020, was AED 48,000.
How big is unit 2416?
408 sqft (37.9 sqm): a studio on the 24th floor of a 32-storey tower completed in 2019.
What is unit 2416 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 2416, Prive by Damac Tower A
Starts from the last sale price (AED 950K, 19 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →