Studio · 438 sqftPrive by Damac Tower A, Business Bay · 3rd floor · completed 2019

308, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 17 October 2025
Last soldAED 1.4M29 April 2014
Current rentAED 73K /yr17 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Prive by Damac Tower A

What is 308 worth today?

Last sold for AED 1,398,400 in 2014

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17 Oct 2025RentedRenewal
AED 73,000/yr12 months · AED 165 per sqft
17 Oct 2024RentedNew contract
AED 73,000/yr12 months · AED 165 per sqft
8 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
18 May 2022RentedNew contract
AED 56,000/yr12 months · AED 127 per sqft
29 Apr 2014Sold by developerOff-plan
AED 1,398,400AED 3,189 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2025.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
3rd of 32
Parking
B-23
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.4M · April 2014

About 308, Prive by Damac Tower A

308 is a studio of 438 sqft on the 3rd 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 29 April 2014 for AED 1,398,400, or AED 3,189 per sqft, 40% above the AED 2,273 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 17 October 2025, is AED 73,000 a year: a gross yield of 5.2% on the 2014 price.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Prive by Damac Tower A
1M1.5M2013201720212025Typical 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 1,398,400 (AED 3,189 per sqft)

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

Rents
Unit 308, 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, May 2022: AED 56,000 a yearNew contract, September 2023: AED 70,000 a yearNew contract, October 2024: AED 73,000 a yearRenewal, October 2025: AED 73,000 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 308 sits

All 374 studios →

308 last sold in April 2014 at AED 3,189 per sqft, 40% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,273). 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. 308's AED 73,000 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 3rd floor

All 516 units in Prive by Damac Tower A
Value
3011-bedAED 1.65M · Apr 2025
302StudioAED 960K · Jan 2024
303StudioAED 713K · Nov 2021
304StudioAED 850K · Apr 2025
305StudioAED 750K · Feb 2022
306StudioAED 920K · Apr 2024
307StudioAED 590K · Jan 2019
1–7 of 16

308, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 29 April 2014 for AED 1,398,400, or AED 3,189 per sqft.
  • Rented since May 2022 on 4 Ejari contracts, from AED 56,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2014 price is 5.2%.
  • 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 17 October 2025.

Questions about 308, Prive by Damac Tower A

What did unit 308 last sell for?

AED 1,398,400 on 29 April 2014, sold by the developer: AED 3,189 per sqft for 438 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 73,000 a year on the contract renewed on 17 October 2025. The previous contract, from October 2024, was AED 73,000; the unit has been rented since May 2022.

How big is unit 308?

438 sqft (40.7 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 308 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 308, Prive by Damac Tower A

Starts from the last sale price (AED 1.4M, 29 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,398,400
Deposit, UAE resident (20%)
AED 279,680
Deposit, non-resident (40%)
AED 559,360
Monthly over 25 years at 3.7%
AED 5,721

Plus AED 63,743 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →