1-bed · 933 sqftPrive by Damac Tower A, Business Bay · 5th floor · completed 2019

501, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 13 September 2025
Last soldAED 1.74M18 August 2022
Current rentAED 120K /yr13 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Prive by Damac Tower A

What is 501 worth today?

Last sold for AED 1,742,000 in 2022

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13 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 128 per sqft
15 Jun 2024RentedNew contract
AED 120,000/yr12 months · AED 128 per sqft
23 Aug 2023RentedNew contract
AED 110,000/yr12 months · AED 117 per sqft
18 Aug 2022Sold by developerReady
AED 1,742,000AED 1,866 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 September 2025.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
5th of 32
Parking
B-45
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.74M · August 2022

About 501, Prive by Damac Tower A

501 is a one-bedroom apartment of 933 sqft on the 5th 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 18 August 2022 for AED 1,742,000, or AED 1,866 per sqft, in line with the AED 1,820 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 13 September 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Prive by Damac Tower A
1.5M2M2013201720212025Typical sale price by year: 2013 AED 1,927,450; 2014 AED 2,066,835; 2017 AED 1,953,000; 2018 AED 1,942,980; 2019 AED 1,862,000; 2020 AED 1,536,530; 2021 AED 1,507,000; 2022 AED 1,620,000; 2023 AED 1,715,000; 2024 AED 1,700,000; 2025 AED 1,650,000Sold by developer, August 2022: AED 1,742,000 (AED 1,866 per sqft)

501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Prive by Damac Tower A
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 126,500New contract, August 2023: AED 110,000 a yearNew contract, June 2024: AED 120,000 a yearNew contract, September 2025: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower A, and where 501 sits

All 92 1-beds →

501 last sold in August 2022 at AED 1,866 per sqft, in line with what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,820). Over the last 12 months one-beds sold for AED 1,700,000 to 1,750,000, around AED 1,818 per sqft, and rent for AED 105,000 to 140,000 a year. 501's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,700,000
6 Feb 20261,736,782
16 Jun 20251,700,000
28 Apr 20251,650,000
4 1-bed 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 5th floor

All 516 units in Prive by Damac Tower A
Value
502StudioAED 750K · Jul 2021
503StudioAED 700K · Jan 2022
504StudioAED 847K · Dec 2013
505StudioAED 941K · Dec 2014
506StudioAED 1.05M · Feb 2026
507StudioAED 963K · Mar 2024
508StudioAED 978K · Apr 2024
1–7 of 16

501, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 18 August 2022 for AED 1,742,000, or AED 1,866 per sqft.
  • Rented since August 2023 on 3 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 6.9%.
  • One-beds in Prive by Damac Tower A sold for AED 1,700,000–1,750,000 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 13 September 2025.

Questions about 501, Prive by Damac Tower A

What did unit 501 last sell for?

AED 1,742,000 on 18 August 2022, sold by the developer: AED 1,866 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 120,000 a year on the contract signed on 13 September 2025. The previous contract, from June 2024, was AED 120,000; the unit has been rented since August 2023.

How big is unit 501?

933 sqft (86.7 sqm): a one-bedroom apartment on the 5th floor of a 32-storey tower completed in 2019.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower A sold for AED 1,700,000 to 1,750,000 in the last 12 months, around AED 1,818 per sqft.

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Mortgage on 501, Prive by Damac Tower A

Starts from the last sale price (AED 1.74M, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,742,000
Deposit, UAE resident (20%)
AED 348,400
Deposit, non-resident (40%)
AED 696,800
Monthly over 25 years at 3.7%
AED 7,127

Plus AED 78,174 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →