1-bed · 957 sqftPrive by Damac Tower B, Business Bay · 20th floor · completed 2019

2017, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2017 · DLD and Ejari recordsUpdated 14 November 2020
Last soldAED 1.64M27 February 2020
Current rentAED 76K /yr14 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2017, Prive by Damac Tower B

What is 2017 worth today?

Last sold for AED 1,641,000 in 2020

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14 Nov 2020RentedNew contract
AED 76,000/yr12 months · AED 79 per sqft
27 Feb 2020Sold by developerReady
AED 1,641,000AED 1,714 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2020.

Key facts

Type
1-bed apartment
Size
957 sqft
Floor
20th of 32
Parking
P3-77
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.64M · February 2020

About 2017, Prive by Damac Tower B

2017 is a one-bedroom apartment of 957 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 27 February 2020 for AED 1,641,000, or AED 1,714 per sqft, 22% below the AED 2,193 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 November 2020. The current contract, signed on 14 November 2020, is AED 76,000 a year: a gross yield of 4.6% on the 2020 price.

Sales and rents for 2017 over time

Sales
Unit 2017, each saleTypical one-bed in Prive by Damac Tower B
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,827,000; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,731,000; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,620,000; 2026 AED 1,700,000Sold by developer, February 2020: AED 1,641,000 (AED 1,714 per sqft)

2017 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2017, each contractTypical one-bed in Prive by Damac Tower B
75K100K125K2020202220242026Typical rent by year: 2020 AED 76,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 125,000New contract, November 2020: AED 76,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower B, and where 2017 sits

All 86 1-beds →

2017 last sold in February 2020 at AED 1,714 per sqft, 22% below what one-beds in Prive by Damac Tower B were fetching at the time (AED 2,193). Over the last 12 months one-beds sold for AED 1,700,000 to 2,280,000, around AED 2,073 per sqft, and rent for AED 80,000 to 130,000 a year. 2017's AED 76,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
12 May 20251,700,000
3 1-bed 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 20th floor

All 526 units in Prive by Damac Tower B
Value
20011-bedAED 1.7M · May 2025
2002StudioAED 940K · Apr 2016
2003AED 1.14M · Nov 2025
2004StudioAED 960K · Jul 2025
2005StudioAED 1.1M · Mar 2024
2006StudioAED 1.03M · Oct 2024
2007StudioAED 1.15M · Jan 2024
1–7 of 16

2017, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 27 February 2020 for AED 1,641,000, or AED 1,714 per sqft.
  • Rented since November 2020 on one Ejari contract, at AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2020 price is 4.6%.
  • One-beds in Prive by Damac Tower B sold for AED 1,700,000–2,280,000 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 14 November 2020.

Questions about 2017, Prive by Damac Tower B

What did unit 2017 last sell for?

AED 1,641,000 on 27 February 2020, sold by the developer: AED 1,714 per sqft for 957 sqft. It is the only registered sale of the unit.

What is the rent for unit 2017?

AED 76,000 a year on the contract signed on 14 November 2020.

How big is unit 2017?

957 sqft (88.9 sqm): a one-bedroom apartment on the 20th floor of a 32-storey tower completed in 2019.

What is unit 2017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower B sold for AED 1,700,000 to 2,280,000 in the last 12 months, around AED 2,073 per sqft.

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Mortgage on 2017, Prive by Damac Tower B

Starts from the last sale price (AED 1.64M, 27 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,641,000
Deposit, UAE resident (20%)
AED 328,200
Deposit, non-resident (40%)
AED 656,400
Monthly over 25 years at 3.7%
AED 6,714

Plus AED 73,932 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →