2011, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2011, Prive by Damac Tower B
What is 2011 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 445 sqft
- Floor
- 20th of 32
- Parking
- P3-71
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.15M · February 2016
- Building
- Prive by Damac Tower B
About 2011, Prive by Damac Tower B
2011 is a studio of 445 sqft on the 20th 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 7 February 2016 for AED 1,150,600, or AED 2,585 per sqft, 9% above the AED 2,368 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 6 November 2024, is AED 90,000 a year: a gross yield of 7.8% on the 2016 price.
Sales and rents for 2011 over time
2011 has sold once; the dashed line is the studio median of each year in the building.
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 2011 sits
All 388 studios →2011 last sold in February 2016 at AED 2,585 per sqft, 9% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,368). 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. 2011's AED 90,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 373 sqft | 930,000 | 2,493 | ||
| 18 Feb 202618 February 2026 | 373 sqft | 900,000 | 2,415 | ||
| 16 Feb 202616 February 2026 | 396 sqft | 1,050,000 | 2,650 | ||
| 13 Feb 202613 February 2026 | 438 sqft | 1,130,000 | 2,577 |
Prive by Damac Tower B
Building526 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%
Other units on the 20th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 967 sqft | AED 1.7MAED 1,700,000 · May 2025May 2025 | 125,000 /yr | |
| 2002 | Studio | 400 sqft | AED 940KAED 939,977 · Apr 2016April 2016 | 48,276 /yr | |
| 2003 | 396 sqft | AED 1.14MAED 1,135,000 · Nov 2025November 2025 | 55,000 /yr | ||
| 2004 | Studio | 373 sqft | AED 960KAED 960,000 · Jul 2025July 2025 | 65,000 /yr | |
| 2005 | Studio | 432 sqft | AED 1.1MAED 1,100,000 · Mar 2024March 2024 | 70,000 /yr | |
| 2006 | Studio | 471 sqft | AED 1.03MAED 1,030,000 · Oct 2024October 2024 | 60,000 /yr | |
| 2007 | Studio | 491 sqft | AED 1.15MAED 1,146,540 · Jan 2024January 2024 | ||
| 2008 | 2-bed | 1,381 sqft | AED 2MAED 2,000,000 · Sep 2022September 2022 | 118,000 /yr | |
| 2009 | 1-bed | 982 sqft | AED 1.78MAED 1,781,640 · Feb 2022February 2022 | ||
| 2010 | Studio | 438 sqft | AED 1.02MAED 1,016,000 · Apr 2016April 2016 | 67,000 /yr | |
| 2012 | Studio | 471 sqft | AED 1.1MAED 1,095,600 · Jan 2016January 2016 | 73,000 /yr | |
| 2013 | Studio | 431 sqft | AED 1.01MAED 1,009,800 · Dec 2015December 2015 | 70,000 /yr | |
| 2014 | Studio | 373 sqft | AED 855KAED 854,775 · Jan 2016January 2016 | ||
| 2015 | Studio | 402 sqft | AED 990KAED 990,000 · Sep 2023September 2023 | ||
| 2016 | Studio | 419 sqft | AED 1.19MAED 1,190,000 · May 2016May 2016 | 60,638 /yr | |
| 2017 | 1-bed | 957 sqft | AED 1.64MAED 1,641,000 · Feb 2020February 2020 | 76,000 /yr |
2011, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 7 February 2016 for AED 1,150,600, or AED 2,585 per sqft.
- Rented since March 2022 on 4 Ejari contracts, from AED 65,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2016 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 6 November 2024.
Questions about 2011, Prive by Damac Tower B
What did unit 2011 last sell for?
AED 1,150,600 on 7 February 2016, sold by the developer: AED 2,585 per sqft for 445 sqft. It is the only registered sale of the unit.
What is the rent for unit 2011?
AED 90,000 a year on the contract renewed on 6 November 2024. The previous contract, from November 2023, was AED 80,000; the unit has been rented since March 2022.
How big is unit 2011?
445 sqft (41.3 sqm): a studio on the 20th floor of a 32-storey tower completed in 2019.
What is unit 2011 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 2011, Prive by Damac Tower B
Starts from the last sale price (AED 1.15M, 7 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,600
- Deposit, UAE resident (20%)
- AED 230,120
- Deposit, non-resident (40%)
- AED 460,240
- Monthly over 25 years at 3.7%
- AED 4,707
Plus AED 53,335 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →