512, Prive by Damac Tower A
Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Prive by Damac Tower A
What is 512 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 443 sqft
- Floor
- 5th of 32
- Parking
- B-55
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 954K · December 2014
- Building
- Prive by Damac Tower A
About 512, Prive by Damac Tower A
512 is a studio of 443 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 28 December 2014 for AED 953,912, or AED 2,154 per sqft, 11% below the AED 2,425 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 29 November 2023, is AED 72,000 a year: a gross yield of 7.5% on the 2014 price.
Sales and rents for 512 over time
512 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 512 sits
All 374 studios →512 last sold in December 2014 at AED 2,154 per sqft, 11% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,425). 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. 512's AED 72,000 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. 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%
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 | ||
| 511 | Studio | 418 sqft | AED 926KAED 925,940 · Dec 2013December 2013 | 70,000 /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 |
512, Prive by Damac Tower A in numbers
- Sold once: by Namaa Properties Development on 28 December 2014 for AED 953,912, or AED 2,154 per sqft.
- Rented since October 2022 on 2 Ejari contracts, from AED 64,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2014 price is 7.5%.
- 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 29 November 2023.
Questions about 512, Prive by Damac Tower A
What did unit 512 last sell for?
AED 953,912 on 28 December 2014, sold by the developer: AED 2,154 per sqft for 443 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 72,000 a year on the contract signed on 29 November 2023. The previous contract, from October 2022, was AED 64,000.
How big is unit 512?
443 sqft (41.2 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.
What is unit 512 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 512, Prive by Damac Tower A
Starts from the last sale price (AED 954K, 28 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 953,912
- Deposit, UAE resident (20%)
- AED 190,782
- Deposit, non-resident (40%)
- AED 381,565
- Monthly over 25 years at 3.7%
- AED 3,903
Plus AED 45,074 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →