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Studio · 471 sqftPrive by Damac Tower B, Business Bay · 16th floor · completed 2019

1606, Prive by Damac Tower B

Sold prices and rental history: sold 3 times, last in February 2025, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 18 February 2025
Last soldAED 1.09M18 February 2025
Current rentAED 100K /yr16 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Prive by Damac Tower B

What is 1606 worth today?

Last sold for AED 1,085,000 in 2025

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18 Feb 2025SoldReady
AED 1,085,000AED 2,301 per sqft
16 Dec 2022RentedNew contract
AED 100,000/yr12 months · AED 211 per sqft
15 Sep 2021SoldReady
AED 700,000AED 1,485 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,135,200AED 2,408 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2025.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
16th of 32
Parking
P3-05
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.09M · February 2025
Building
Prive by Damac Tower B

About 1606, Prive by Damac Tower B

1606 is a studio of 471 sqft on the 16th 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 18 February 2025 for AED 1,085,000, or AED 2,301 per sqft, 4% below the AED 2,386 studios in the building were fetching at the time.

One Ejari contract is registered, from 16 December 2022. The current contract, signed on 16 December 2022, is AED 100,000 a year: a gross yield of 9.2% on the 2025 price.

Sales and rents for 1606 over time

Sales
Unit 1606, 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 2016: AED 1,135,200 (AED 2,408 per sqft)Sold, September 2021: AED 700,000 (AED 1,485 per sqft)Sold, February 2025: AED 1,085,000 (AED 2,301 per sqft)

1606 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, each contractTypical studio in Prive by Damac Tower B
50K100K2020202220242026Typical 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, December 2022: AED 100,000 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 1606 sits

All 388 studios →

1606 last sold in February 2025 at AED 2,301 per sqft, 4% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,386). 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. 1606's AED 100,000 is at the top 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 16th floor

All 526 units in Prive by Damac Tower B
Value
1601StudioAED 1.05M · Aug 2023
1602StudioAED 790K · Aug 2022
1603StudioAED 911K · Jan 2016
1604StudioAED 1.05M · Sep 2024
1605AED 880K · Dec 2025
1607StudioAED 345K · Sep 2021
16082-bedAED 3.03M · Jan 2019
1–7 of 18

1606, Prive by Damac Tower B in numbers

  • Sold 3 times: first on 14 April 2016 for AED 1,135,200, last on 18 February 2025 for AED 1,085,000 (AED 2,301 per sqft).
  • Rented since December 2022 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 9.2%.
  • 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 18 February 2025.

Questions about 1606, Prive by Damac Tower B

What did unit 1606 last sell for?

AED 1,085,000 on 18 February 2025: AED 2,301 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 1,135,200 in April 2016.

What is the rent for unit 1606?

AED 100,000 a year on the contract signed on 16 December 2022.

How big is unit 1606?

471 sqft (43.8 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1606 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 1606, Prive by Damac Tower B

Starts from the last sale price (AED 1.09M, 18 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

Plus AED 50,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →