Studio · 443 sqftPrive by Damac Tower A, Business Bay · 8th floor · completed 2019

812, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 820K2 November 2023
Current rentAED 80K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Prive by Damac Tower A

What is 812 worth today?

Last sold for AED 820,000 in 2023

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10 Jul 2024RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
27 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 158 per sqft
2 Nov 2023SoldReady
AED 820,000AED 1,851 per sqft
28 Dec 2022SoldReady
AED 577,000AED 1,302 per sqft
1 Jun 2022RentedNew contract
AED 43,000/yr12 months · AED 97 per sqft
12 Dec 2013Sold by developerOff-plan
AED 980,880AED 2,215 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2024.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
8th of 32
Parking
B-101
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 820K · November 2023

About 812, Prive by Damac Tower A

812 is a studio of 443 sqft on the 8th 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 2 November 2023 for AED 820,000, or AED 1,851 per sqft, 18% below the AED 2,259 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 July 2024, is AED 80,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 812 over time

Sales
Unit 812, each saleTypical studio in Prive by Damac Tower A
500K750K1M2013201720212025Typical 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, December 2013: AED 980,880 (AED 2,215 per sqft)Sold, December 2022: AED 577,000 (AED 1,302 per sqft)Sold, November 2023: AED 820,000 (AED 1,851 per sqft)

812 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 812, 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, June 2022: AED 43,000 a yearNew contract, January 2024: AED 70,000 a yearNew contract, July 2024: AED 80,000 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 812 sits

All 374 studios →

812 last sold in November 2023 at AED 1,851 per sqft, 18% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,259). 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. 812's AED 80,000 is in the upper 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 8th floor

All 516 units in Prive by Damac Tower A
Value
8011-bedAED 2.1M · Oct 2023
802StudioAED 1.05M · Oct 2024
803StudioAED 850K · Jul 2022
804StudioAED 975K · May 2024
805StudioAED 981K · Dec 2013
806StudioAED 1.03M · Oct 2023
807StudioAED 806K · Mar 2023
1–7 of 16

812, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 12 December 2013 for AED 980,880, last on 2 November 2023 for AED 820,000 (AED 1,851 per sqft).
  • Rented since June 2022 on 3 Ejari contracts, from AED 43,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.8%.
  • 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 10 July 2024.

Questions about 812, Prive by Damac Tower A

What did unit 812 last sell for?

AED 820,000 on 2 November 2023: AED 1,851 per sqft for 443 sqft. The unit has 3 registered sales; the first was AED 980,880 in December 2013.

What is the rent for unit 812?

AED 80,000 a year on the contract signed on 10 July 2024. The previous contract, from January 2024, was AED 70,000; the unit has been rented since June 2022.

How big is unit 812?

443 sqft (41.2 sqm): a studio on the 8th floor of a 32-storey tower completed in 2019.

What is unit 812 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 812, Prive by Damac Tower A

Starts from the last sale price (AED 820K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →