103, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Prive by Damac Tower B
What is 103 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 April 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 444 sqft
- Floor
- 1st of 32
- Parking
- P1-162
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.08M · August 2016
- Building
- Prive by Damac Tower B
About 103, Prive by Damac Tower B
103 is a studio of 444 sqft on the 1st 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 28 August 2016 for AED 1,079,400, or AED 2,431 per sqft, 7% above the AED 2,262 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 9 April 2023, is AED 144,000 a year: a gross yield of 13.3% on the 2016 price.
Sales and rents for 103 over time
103 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 103 sits
All 388 studios →103 last sold in August 2016 at AED 2,431 per sqft, 7% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,262). 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. 103's AED 144,000 is at the top 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 1st floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 887 sqft | AED 1.57MAED 1,570,000 · Jan 2024January 2024 | ||
| 102 | Studio | 551 sqft | AED 1.21MAED 1,214,000 · May 2017May 2017 | 65,000 /yr | |
| 104 | Studio | 495 sqft | AED 971KAED 971,000 · Dec 2022December 2022 | ||
| 105 | Studio | 557 sqft | AED 1.07MAED 1,072,120 · Aug 2023August 2023 | ||
| 106 | Studio | 493 sqft | AED 701KAED 701,078 · Feb 2021February 2021 | 65,000 /yr | |
| 107 | 2-bed | 1,518 sqft | AED 3.2MAED 3,198,000 · Jun 2019June 2019 | 160,000 /yr | |
| 108 | 1-bed | 1,219 sqft | AED 1.78MAED 1,782,240 · Feb 2021February 2021 | 120,000 /yr | |
| 109 | Studio | 659 sqft | AED 1.26MAED 1,258,000 · Jul 2021July 2021 | ||
| 110 | Studio | 624 sqft | AED 986KAED 986,497 · Apr 2024April 2024 |
103, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 28 August 2016 for AED 1,079,400, or AED 2,431 per sqft.
- Rented since January 2023 on 2 Ejari contracts, from AED 103,267 to AED 144,000 a year.
- At AED 144,000 a year the gross yield on the 2016 price is 13.3%.
- 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 9 April 2023.
Questions about 103, Prive by Damac Tower B
What did unit 103 last sell for?
AED 1,079,400 on 28 August 2016, sold by the developer: AED 2,431 per sqft for 444 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 144,000 a year on the contract signed on 9 April 2023. The previous contract, from January 2023, was AED 103,267.
How big is unit 103?
444 sqft (41.2 sqm): a studio on the 1st floor of a 32-storey tower completed in 2019.
What is unit 103 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 103, Prive by Damac Tower B
Starts from the last sale price (AED 1.08M, 28 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,079,400
- Deposit, UAE resident (20%)
- AED 215,880
- Deposit, non-resident (40%)
- AED 431,760
- Monthly over 25 years at 3.7%
- AED 4,416
Plus AED 50,345 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →