511, Prive by Damac Tower A
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Prive by Damac Tower A
What is 511 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 5th of 32
- Parking
- B-54
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 926K · December 2013
- Building
- Prive by Damac Tower A
About 511, Prive by Damac Tower A
511 is a studio of 418 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 December 2013 for AED 925,940, or AED 2,217 per sqft, in line with the AED 2,225 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 70,000 a year: a gross yield of 7.6% on the 2013 price.
Sales and rents for 511 over time
511 has sold once; 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 511 sits
All 374 studios →511 last sold in December 2013 at AED 2,217 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,225). Over the last 12 months studios sold for AED 850,000 to 1,145,000, around AED 2,391 per sqft, and rent for AED 46,000 to 100,000 a year. 511's AED 70,000 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. 14 sold in the last 12 months.
- Typical price per sqft
- AED 2,303 Down 3.2%
- Typical sale
- AED 1.07M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.4%
Other units on the 5th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 933 sqft | AED 1.74MAED 1,742,000 · Aug 2022August 2022 | 120,000 /yr | |
| 502 | Studio | 431 sqft | AED 750KAED 750,000 · Jul 2021July 2021 | 96,000 /yr | |
| 503 | Studio | 414 sqft | AED 700KAED 700,000 · Jan 2022January 2022 | 79,786 /yr | |
| 504 | Studio | 373 sqft | AED 847KAED 846,880 · Dec 2013December 2013 | 90,000 /yr | |
| 505 | Studio | 431 sqft | AED 941KAED 941,320 · Dec 2014December 2014 | 73,000 /yr | |
| 506 | Studio | 443 sqft | AED 1.05MAED 1,048,000 · Feb 2026February 2026 | ||
| 507 | Studio | 416 sqft | AED 963KAED 963,340 · Mar 2024March 2024 | 85,475 /yr | |
| 508 | Studio | 414 sqft | AED 978KAED 978,000 · Apr 2024April 2024 | ||
| 509 | 1-bed | 896 sqft | AED 2.08MAED 2,077,670 · Oct 2014October 2014 | 130,000 /yr | |
| 510 | 2-bed | 1,342 sqft | AED 2.98MAED 2,980,830 · Dec 2013December 2013 | ||
| 512 | Studio | 443 sqft | AED 954KAED 953,912 · Dec 2014December 2014 | 72,000 /yr | |
| 513 | Studio | 432 sqft | AED 941KAED 941,350 · May 2014May 2014 | 75,000 /yr | |
| 514 | Studio | 373 sqft | AED 667KAED 666,500 · Mar 2022March 2022 | 40,000 /yr | |
| 515 | Studio | 401 sqft | AED 656KAED 656,000 · Sep 2019September 2019 | 85,000 /yr | |
| 516 | Studio | 408 sqft | AED 945KAED 945,000 · Dec 2023December 2023 | 85,000 /yr | |
| 517 | 1-bed | 923 sqft | AED 1.58MAED 1,580,000 · Dec 2021December 2021 |
511, Prive by Damac Tower A in numbers
- Sold once: by Namaa Properties Development on 18 December 2013 for AED 925,940, or AED 2,217 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 40,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2013 price is 7.6%.
- Studios in Prive by Damac Tower A sold for AED 850,000–1,145,000 in the 12 months to November 2026; the building's median across all types is AED 2,303 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Questions about 511, Prive by Damac Tower A
What did unit 511 last sell for?
AED 925,940 on 18 December 2013, sold by the developer: AED 2,217 per sqft for 418 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 70,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 70,000; the unit has been rented since January 2021.
How big is unit 511?
418 sqft (38.8 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.
What is unit 511 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 850,000 to 1,145,000 in the last 12 months, around AED 2,391 per sqft.
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Mortgage on 511, Prive by Damac Tower A
Starts from the last sale price (AED 926K, 18 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 925,940
- Deposit, UAE resident (20%)
- AED 185,188
- Deposit, non-resident (40%)
- AED 370,376
- Monthly over 25 years at 3.7%
- AED 3,788
Plus AED 43,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →