Studio · 471 sqftPrive by Damac Tower B, Business Bay · 14th floor · completed 2019

1406, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 1.02M3 February 2026
Current rentAED 80K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Prive by Damac Tower B

What is 1406 worth today?

Last sold for AED 1,020,000 in 2026

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3 Feb 2026SoldReady
AED 1,020,000AED 2,163 per sqft
5 Sep 2024RentedRenewal
AED 80,000/yr12 months · AED 170 per sqft
5 Sep 2023RentedRenewal
AED 70,000/yr12 months · AED 149 per sqft
5 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 138 per sqft
7 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 138 per sqft
10 Jan 2022RentedNew contract
AED 65,000/yr24 months · AED 138 per sqft
6 Dec 2015Sold by developerOff-plan
AED 1,095,600AED 2,324 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 February 2026.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
14th of 32
Parking
P2-185
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.02M · February 2026

About 1406, Prive by Damac Tower B

1406 is a studio of 471 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. It last sold on 3 February 2026 for AED 1,020,000, or AED 2,163 per sqft, 10% below the AED 2,407 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 80,000 a year: a gross yield of 7.8% on the 2026 price.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, December 2015: AED 1,095,600 (AED 2,324 per sqft)Sold, February 2026: AED 1,020,000 (AED 2,163 per sqft)

1406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, 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, January 2022: AED 65,000 a yearNew contract, July 2022: AED 65,000 a yearNew contract, September 2022: AED 65,000 a yearRenewal, September 2023: AED 70,000 a yearRenewal, September 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 B, and where 1406 sits

All 388 studios →

1406 last sold in February 2026 at AED 2,163 per sqft, 10% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,407). 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. 1406's AED 80,000 is in the upper 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 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
1402StudioAED 1.08M · Apr 2014
1403StudioAED 1.05M · Apr 2014
1404StudioAED 975K · Apr 2014
1405StudioAED 950K · Oct 2022
1407StudioAED 736K · Oct 2023
14082-bedAED 2.14M · Jan 2022
1–7 of 18

1406, Prive by Damac Tower B in numbers

  • Sold twice: first on 6 December 2015 for AED 1,095,600, last on 3 February 2026 for AED 1,020,000 (AED 2,163 per sqft).
  • Rented since January 2022 on 5 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2026 price is 7.8%.
  • 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 3 February 2026.

Questions about 1406, Prive by Damac Tower B

What did unit 1406 last sell for?

AED 1,020,000 on 3 February 2026: AED 2,163 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,095,600 in December 2015.

What is the rent for unit 1406?

AED 80,000 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 70,000; the unit has been rented since January 2022.

How big is unit 1406?

471 sqft (43.8 sqm): a studio on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1406 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 1406, Prive by Damac Tower B

Starts from the last sale price (AED 1.02M, 3 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

Plus AED 47,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →