Studio · 402 sqftPrive by Damac Tower B, Business Bay · 18th floor · completed 2019

1815, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in February 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1815 · DLD and Ejari recordsUpdated 2 February 2024
Last soldAED 800K2 February 2024
Current rentAED 60K /yr30 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1815, Prive by Damac Tower B

What is 1815 worth today?

Last sold for AED 800,000 in 2024

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2 Feb 2024SoldReady
AED 800,000AED 1,990 per sqft
30 May 2023RentedRenewal
AED 60,000/yr12 months · AED 149 per sqft
22 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
30 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 113 per sqft
26 May 2014Sold by developerOff-plan
AED 1,039,200AED 2,585 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 February 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
18th of 32
Parking
P3-43
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 800K · February 2024

About 1815, Prive by Damac Tower B

1815 is a studio of 402 sqft on the 18th 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 2 February 2024 for AED 800,000, or AED 1,990 per sqft, 13% below the AED 2,287 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 30 May 2023, is AED 60,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 1815 over time

Sales
Unit 1815, 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, May 2014: AED 1,039,200 (AED 2,585 per sqft)Sold, February 2024: AED 800,000 (AED 1,990 per sqft)

1815 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1815, 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, November 2020: AED 45,000 a yearNew contract, December 2021: AED 60,000 a yearRenewal, May 2023: AED 60,000 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 1815 sits

All 388 studios →

1815 last sold in February 2024 at AED 1,990 per sqft, 13% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,287). 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. 1815's AED 60,000 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 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 18th floor

All 526 units in Prive by Damac Tower B
Value
18011-bedAED 2.45M · Jun 2014
1802StudioAED 1.07M · Jun 2014
1803StudioAED 1.05M · Feb 2026
1804StudioAED 967K · Jun 2014
1805StudioAED 1.12M · Jun 2014
1806StudioAED 1.07M · Jan 2025
1807StudioAED 1.23M · Jun 2014
1–7 of 16

1815, Prive by Damac Tower B in numbers

  • Sold twice: first on 26 May 2014 for AED 1,039,200, last on 2 February 2024 for AED 800,000 (AED 1,990 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 2 February 2024.

Questions about 1815, Prive by Damac Tower B

What did unit 1815 last sell for?

AED 800,000 on 2 February 2024: AED 1,990 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 1,039,200 in May 2014.

What is the rent for unit 1815?

AED 60,000 a year on the contract renewed on 30 May 2023. The previous contract, from December 2021, was AED 60,000; the unit has been rented since November 2020.

How big is unit 1815?

402 sqft (37.3 sqm): a studio on the 18th floor of a 32-storey tower completed in 2019.

What is unit 1815 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 1815, Prive by Damac Tower B

Starts from the last sale price (AED 800K, 2 February 2024). 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 →