Studio · 373 sqftPrive by Damac Tower A, Business Bay · 4th floor · completed 2019

414, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 968K6 April 2014
Current rentAED 48K /yr9 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Prive by Damac Tower A

What is 414 worth today?

Last sold for AED 968,050 in 2014

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9 Aug 2024RentedRenewal
AED 48,400/yr12 months · AED 130 per sqft
9 Aug 2022RentedNew contract
AED 40,000/yr12 months · AED 107 per sqft
9 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
6 Apr 2014Sold by developerOff-plan
AED 968,050AED 2,598 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
4th of 32
Parking
B-42
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 968K · April 2014

About 414, Prive by Damac Tower A

414 is a studio of 373 sqft on the 4th 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 6 April 2014 for AED 968,050, or AED 2,598 per sqft, 15% above the AED 2,264 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 9 August 2024, is AED 48,400 a year: a gross yield of 5.0% on the 2014 price.

Sales and rents for 414 over time

Sales
Unit 414, 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 968,050 (AED 2,598 per sqft)

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

Rents
Unit 414, 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, August 2021: AED 40,000 a yearNew contract, August 2022: AED 40,000 a yearRenewal, August 2024: AED 48,400 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 414 sits

All 374 studios →

414 last sold in April 2014 at AED 2,598 per sqft, 15% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,264). 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. 414's AED 48,400 is in the lower 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 4th floor

All 516 units in Prive by Damac Tower A
Value
401StudioAED 1.1M · Jul 2024
402StudioAED 1.01M · Mar 2014
403StudioAED 975K · Jun 2014
404StudioAED 630K · Jul 2021
405StudioAED 850K · Dec 2022
406StudioAED 1.05M · Jun 2023
407StudioAED 1.14M · Apr 2014
1–7 of 18

414, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 6 April 2014 for AED 968,050, or AED 2,598 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 40,000 to AED 48,400 a year.
  • At AED 48,400 a year the gross yield on the 2014 price is 5.0%.
  • 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 9 August 2024.

Questions about 414, Prive by Damac Tower A

What did unit 414 last sell for?

AED 968,050 on 6 April 2014, sold by the developer: AED 2,598 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 48,400 a year on the contract renewed on 9 August 2024. The previous contract, from August 2022, was AED 40,000; the unit has been rented since August 2021.

How big is unit 414?

373 sqft (34.7 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 414 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 414, Prive by Damac Tower A

Starts from the last sale price (AED 968K, 6 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 968,050
Deposit, UAE resident (20%)
AED 193,610
Deposit, non-resident (40%)
AED 387,220
Monthly over 25 years at 3.7%
AED 3,961

Plus AED 45,668 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →