1005, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in April 2014, 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 1005, Prive by Damac Tower B
What is 1005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 432 sqft
- Floor
- 10th of 32
- Parking
- P2-105
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.03M · April 2014
- Building
- Prive by Damac Tower B
About 1005, Prive by Damac Tower B
1005 is a studio of 432 sqft on the 10th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. The developer sold it on 23 April 2014 for AED 1,025,200, or AED 2,374 per sqft, 8% below the AED 2,581 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 8 November 2024, is AED 85,000 a year: a gross yield of 8.3% on the 2014 price.
Sales and rents for 1005 over time
1005 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 B, and where 1005 sits
All 388 studios →1005 last sold in April 2014 at AED 2,374 per sqft, 8% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,581). Over the last 12 months studios sold for AED 425,000 to 1,250,000, around AED 2,443 per sqft, and rent for AED 56,030 to 98,500 a year. 1005's AED 85,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 373 sqft | 930,000 | 2,493 | ||
| 18 Feb 202618 February 2026 | 373 sqft | 900,000 | 2,415 | ||
| 16 Feb 202616 February 2026 | 396 sqft | 1,050,000 | 2,650 | ||
| 13 Feb 202613 February 2026 | 438 sqft | 1,130,000 | 2,577 |
Prive by Damac Tower B
Building526 apartments, studios to 2-bed over 32 floors in Business Bay, completed in 2019 by Namaa Properties Development. 22 sold in the last 12 months.
- Typical price per sqft
- AED 2,390 Up 1.2%
- Typical sale
- AED 1.05M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.2%
Other units on the 10th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 947 sqft | AED 2.24MAED 2,244,000 · Apr 2014April 2014 | 120,000 /yr | |
| 1002 | Studio | 401 sqft | AED 983KAED 983,400 · Apr 2014April 2014 | 80,000 /yr | |
| 1003 | Studio | 397 sqft | AED 953KAED 952,600 · Apr 2014April 2014 | 88,000 /yr | |
| 1004 | Studio | 372 sqft | AED 887KAED 886,600 · Apr 2014April 2014 | 93,000 /yr | |
| 1006 | Studio | 471 sqft | AED 1.09MAED 1,093,400 · Apr 2014April 2014 | 95,500 /yr | |
| 1007 | Studio | 491 sqft | AED 1.12MAED 1,124,200 · Apr 2014April 2014 | 98,400 /yr | |
| 1008 | 2-bed | 1,409 sqft | AED 3.22MAED 3,220,800 · Apr 2014April 2014 | 180,000 /yr | |
| 1009 | 1-bed | 955 sqft | AED 2.16MAED 2,162,600 · Apr 2014April 2014 | 130,000 /yr | |
| 1010 | Studio | 438 sqft | AED 1.03MAED 1,025,200 · Apr 2014April 2014 | 75,000 /yr | |
| 1011 | Studio | 489 sqft | AED 1.11MAED 1,113,200 · Apr 2014April 2014 | 78,000 /yr | |
| 1012 | Studio | 471 sqft | AED 1.09MAED 1,093,400 · Apr 2014April 2014 | 78,000 /yr | |
| 1013 | Studio | 431 sqft | AED 1.03MAED 1,025,200 · Apr 2014April 2014 | 78,750 /yr | |
| 1014 | Studio | 373 sqft | AED 887KAED 886,600 · Apr 2014April 2014 | 87,000 /yr | |
| 1015 | Studio | 402 sqft | AED 953KAED 952,600 · Apr 2014April 2014 | 98,500 /yr | |
| 1016 | Studio | 420 sqft | AED 983KAED 983,400 · Apr 2014April 2014 | 90,000 /yr | |
| 1017 | 1-bed | 976 sqft | AED 2.24MAED 2,237,400 · Apr 2014April 2014 | 125,000 /yr |
1005, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 23 April 2014 for AED 1,025,200, or AED 2,374 per sqft.
- Rented since July 2021 on 5 Ejari contracts, from AED 47,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2014 price is 8.3%.
- Studios in Prive by Damac Tower B sold for AED 425,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,390 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.
Questions about 1005, Prive by Damac Tower B
What did unit 1005 last sell for?
AED 1,025,200 on 23 April 2014, sold by the developer: AED 2,374 per sqft for 432 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 85,000 a year on the contract signed on 8 November 2024. The previous contract, from August 2024, was AED 75,000; the unit has been rented since July 2021.
How big is unit 1005?
432 sqft (40.1 sqm): a studio on the 10th floor of a 32-storey tower completed in 2019.
What is unit 1005 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 B sold for AED 425,000 to 1,250,000 in the last 12 months, around AED 2,443 per sqft.
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Mortgage on 1005, Prive by Damac Tower B
Starts from the last sale price (AED 1.03M, 23 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,200
- Deposit, UAE resident (20%)
- AED 205,040
- Deposit, non-resident (40%)
- AED 410,080
- Monthly over 25 years at 3.7%
- AED 4,194
Plus AED 48,068 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →