704, Prive by Damac Tower A
Sold prices and rental history: sold 3 times, last in March 2021, 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 704, Prive by Damac Tower A
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 373 sqft
- Floor
- 7th of 32
- Parking
- B-79
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 575K · March 2021
- Building
- Prive by Damac Tower A
About 704, Prive by Damac Tower A
704 is a studio of 373 sqft on the 7th 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 11 March 2021 for AED 575,000, or AED 1,543 per sqft, in line with the AED 1,535 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 70,000 a year: a gross yield of 12.2% on the 2021 price.
Sales and rents for 704 over time
704 has sold 3 times; 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 704 sits
All 374 studios →704 last sold in March 2021 at AED 1,543 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 1,535). 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. 704'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 7th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 933 sqft | AED 2.1MAED 2,096,000 · Oct 2023October 2023 | 115,000 /yr | |
| 702 | Studio | 431 sqft | AED 904KAED 903,830 · Dec 2013December 2013 | 80,000 /yr | |
| 703 | Studio | 414 sqft | AED 600KAED 600,000 · Jan 2021January 2021 | 65,000 /yr | |
| 705 | Studio | 431 sqft | AED 720KAED 720,000 · Jan 2022January 2022 | 73,205 /yr | |
| 706 | Studio | 443 sqft | AED 1.02MAED 1,020,000 · Mar 2019March 2019 | 75,000 /yr | |
| 707 | Studio | 416 sqft | AED 1.04MAED 1,040,000 · Jul 2024July 2024 | 65,000 /yr | |
| 708 | Studio | 414 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 34,000 /yr | |
| 709 | 1-bed | 896 sqft | AED 1.4MAED 1,400,000 · Dec 2021December 2021 | 10,000 /yr | |
| 710 | 2-bed | 1,342 sqft | AED 2.6MAED 2,600,000 · May 2025May 2025 | 115,000 /yr | |
| 711 | Studio | 418 sqft | AED 1.08MAED 1,075,000 · Jul 2024July 2024 | 71,615 /yr | |
| 712 | Studio | 443 sqft | AED 979KAED 978,870 · Jan 2018January 2018 | 80,000 /yr | |
| 713 | Studio | 432 sqft | AED 946KAED 946,040 · May 2014May 2014 | 73,000 /yr | |
| 714 | Studio | 373 sqft | AED 851KAED 850,900 · Dec 2013December 2013 | 68,000 /yr | |
| 715 | Studio | 408 sqft | AED 902KAED 901,820 · Dec 2013December 2013 | 96,000 /yr | |
| 716 | Studio | 408 sqft | AED 800KAED 800,000 · Sep 2022September 2022 | 94,177 /yr | |
| 717 | 1-bed | 923 sqft | AED 1.68MAED 1,680,000 · Oct 2021October 2021 |
704, Prive by Damac Tower A in numbers
- Sold 3 times: first on 5 November 2013 for AED 850,900, last on 11 March 2021 for AED 575,000 (AED 1,543 per sqft).
- Rented since January 2021 on 5 Ejari contracts, from AED 40,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2021 price is 12.2%.
- 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 May 2025.
Questions about 704, Prive by Damac Tower A
What did unit 704 last sell for?
AED 575,000 on 11 March 2021: AED 1,543 per sqft for 373 sqft. The unit has 3 registered sales; the first was AED 850,900 in November 2013.
What is the rent for unit 704?
AED 70,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 70,000; the unit has been rented since January 2021.
How big is unit 704?
373 sqft (34.7 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.
What is unit 704 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 704, Prive by Damac Tower A
Starts from the last sale price (AED 575K, 11 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus AED 29,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →