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Studio · 401 sqftPrive by Damac Tower B, Business Bay · 14th floor · completed 2019

1402, 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.

Unit 1402 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 1.08M17 April 2014
Current rentAED 30K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Prive by Damac Tower B

What is 1402 worth today?

Last sold for AED 1,082,050 in 2014

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28 Oct 2025RentedRenewal
AED 30,000/yr12 months · AED 75 per sqft
28 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 151 per sqft
28 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
28 Oct 2022RentedRenewal
AED 60,000/yr12 months · AED 151 per sqft
28 Oct 2021RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
17 Apr 2014Sold by developerOff-plan
AED 1,082,050AED 2,700 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 October 2025.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
14th of 32
Parking
P2-178
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · April 2014
Building
Prive by Damac Tower B

About 1402, Prive by Damac Tower B

1402 is a studio of 401 sqft on the 14th 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 17 April 2014 for AED 1,082,050, or AED 2,700 per sqft, 4% above the AED 2,598 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 28 October 2025, is AED 30,000 a year: a gross yield of 2.8% on the 2014 price.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, April 2014: AED 1,082,050 (AED 2,700 per sqft)

1402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, each contractTypical studio in Prive by Damac Tower B
25K50K75K2020202220242026Typical 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, October 2021: AED 60,000 a yearRenewal, October 2022: AED 60,000 a yearNew contract, October 2023: AED 60,000 a yearRenewal, October 2024: AED 60,000 a yearRenewal, October 2025: AED 30,000 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 1402 sits

All 388 studios →

1402 last sold in April 2014 at AED 2,700 per sqft, 4% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,598). 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. 1402's AED 30,000 is at the bottom 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 1.2%
Typical sale
AED 1.05M
Typical rent
AED 80K /yr
Typical yield
7.2%
Prive by Damac Tower B, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 526 units in Prive by Damac Tower B
Value
1401StudioAED 702K · Dec 2022
1403StudioAED 1.05M · Apr 2014
1404StudioAED 975K · Apr 2014
1405StudioAED 950K · Oct 2022
1406StudioAED 1.02M · Feb 2026
1407StudioAED 736K · Oct 2023
14082-bedAED 2.14M · Jan 2022
1–7 of 18

1402, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 17 April 2014 for AED 1,082,050, or AED 2,700 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 60,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2014 price is 2.8%.
  • 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 28 October 2025.

Questions about 1402, Prive by Damac Tower B

What did unit 1402 last sell for?

AED 1,082,050 on 17 April 2014, sold by the developer: AED 2,700 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 30,000 a year on the contract renewed on 28 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since October 2021.

How big is unit 1402?

401 sqft (37.3 sqm): a studio on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1402 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 1402, Prive by Damac Tower B

Starts from the last sale price (AED 1.08M, 17 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,082,050
Deposit, UAE resident (20%)
AED 216,410
Deposit, non-resident (40%)
AED 432,820
Monthly over 25 years at 3.7%
AED 4,427

Plus AED 50,456 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →