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Studio · 471 sqftPrive by Damac Tower B, Business Bay · 13th floor · completed 2019

1306, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 6 May 2025
Last soldAED 800K26 November 2020
Current rentAED 70K /yr6 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Prive by Damac Tower B

What is 1306 worth today?

Last sold for AED 800,000 in 2020

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6 May 2025RentedRenewal
AED 70,000/yr12 months · AED 148 per sqft
6 May 2024RentedRenewal
AED 67,200/yr12 months · AED 142 per sqft
6 May 2023RentedRenewal
AED 62,000/yr12 months · AED 131 per sqft
6 May 2022RentedRenewal
AED 55,000/yr12 months · AED 116 per sqft
5 May 2021RentedNew contract
AED 49,866/yr12 months · AED 105 per sqft
26 Nov 2020Sold by developerReady
AED 800,000AED 1,697 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 May 2025.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
13th of 32
Parking
P2-163
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 800K · November 2020
Building
Prive by Damac Tower B

About 1306, Prive by Damac Tower B

1306 is a studio of 471 sqft on the 13th 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 26 November 2020 for AED 800,000, or AED 1,697 per sqft, 4% above the AED 1,629 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 6 May 2025, is AED 70,000 a year: a gross yield of 8.8% on the 2020 price.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical studio in Prive by Damac Tower B
1M2014201820222026Typical sale price by year: 2014 AED 1,100,100; 2015 AED 1,179,750; 2016 AED 975,650; 2017 AED 1,072,000; 2018 AED 612,500; 2019 AED 924,444; 2020 AED 729,000; 2021 AED 734,000; 2022 AED 825,080; 2023 AED 950,000; 2024 AED 1,010,000; 2025 AED 1,050,000; 2026 AED 1,050,000Sold by developer, November 2020: AED 800,000 (AED 1,697 per sqft)

1306 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1306, each contractTypical studio in Prive by Damac Tower B
40K60K80K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 45,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 70,189; 2025 AED 74,000; 2026 AED 80,000New contract, May 2021: AED 49,866 a yearRenewal, May 2022: AED 55,000 a yearRenewal, May 2023: AED 62,000 a yearRenewal, May 2024: AED 67,200 a yearRenewal, May 2025: AED 70,000 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 B, and where 1306 sits

All 388 studios →

1306 last sold in November 2020 at AED 1,697 per sqft, 4% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,629). 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. 1306's AED 70,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026930,000
18 Feb 2026900,000
16 Feb 20261,050,000
13 Feb 20261,130,000
18 studio sales in the last 12 months

Prive by Damac Tower B

Building

526 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 0.7%
Typical sale
AED 1.05M
Typical rent
AED 81K /yr
Typical yield
7.1%
Prive by Damac Tower B, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 526 units in Prive by Damac Tower B
Value
1301StudioAED 930K · Oct 2023
1302StudioAED 625K · Nov 2020
1303StudioAED 308K · Jun 2021
1304StudioAED 330K · Dec 2022
1305StudioAED 890K · Jul 2023
1307StudioAED 1.29M · Jun 2014
13082-bedAED 2.38M · Jun 2024
1–7 of 18

1306, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 26 November 2020 for AED 800,000, or AED 1,697 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 49,866 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 8.8%.
  • 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 6 May 2025.

Questions about 1306, Prive by Damac Tower B

What did unit 1306 last sell for?

AED 800,000 on 26 November 2020, sold by the developer: AED 1,697 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 70,000 a year on the contract renewed on 6 May 2025. The previous contract, from May 2024, was AED 67,200; the unit has been rented since May 2021.

How big is unit 1306?

471 sqft (43.8 sqm): a studio on the 13th floor of a 32-storey tower completed in 2019.

What is unit 1306 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 1306, Prive by Damac Tower B

Starts from the last sale price (AED 800K, 26 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →