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Studio · 470 sqftPrive by Damac Tower A, Business Bay · 3rd floor · completed 2019

312, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in October 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.11M13 October 2023
Current rentAED 90K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Prive by Damac Tower A

What is 312 worth today?

Last sold for AED 1,110,000 in 2023

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1 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 191 per sqft
13 Oct 2023SoldReady
AED 1,110,000AED 2,360 per sqft
18 Apr 2016Sold by developerOff-plan
AED 1,182,672AED 2,514 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
470 sqft
Floor
3rd of 32
Parking
B-26
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.11M · October 2023
Building
Prive by Damac Tower A

About 312, Prive by Damac Tower A

312 is a studio of 470 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. It last sold on 13 October 2023 for AED 1,110,000, or AED 2,360 per sqft, 6% above the AED 2,227 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2025. The current contract, signed on 1 June 2025, is AED 90,000 a year: a gross yield of 8.1% on the 2023 price.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical studio in Prive by Damac Tower A
750K1M1.25M2013201720212025Typical 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 2016: AED 1,182,672 (AED 2,514 per sqft)Sold, October 2023: AED 1,110,000 (AED 2,360 per sqft)

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

Rents
Unit 312, each contractTypical studio in Prive by Damac Tower A
50K75K2020202220242026Typical 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, June 2025: AED 90,000 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 312 sits

All 374 studios →

312 last sold in October 2023 at AED 2,360 per sqft, 6% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,227). 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. 312's AED 90,000 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

312, Prive by Damac Tower A in numbers

  • Sold twice: first on 18 April 2016 for AED 1,182,672, last on 13 October 2023 for AED 1,110,000 (AED 2,360 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 8.1%.
  • 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 1 June 2025.

Questions about 312, Prive by Damac Tower A

What did unit 312 last sell for?

AED 1,110,000 on 13 October 2023: AED 2,360 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 1,182,672 in April 2016.

What is the rent for unit 312?

AED 90,000 a year on the contract signed on 1 June 2025.

How big is unit 312?

470 sqft (43.7 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 312 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 312, Prive by Damac Tower A

Starts from the last sale price (AED 1.11M, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,110,000
Deposit, UAE resident (20%)
AED 222,000
Deposit, non-resident (40%)
AED 444,000
Monthly over 25 years at 3.7%
AED 4,541

Plus AED 51,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →