Studio · 470 sqftPrive by Damac Tower B, Business Bay · 2nd floor · completed 2019

212, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 1.11M15 January 2017
Current rentAED 75K /yr2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Prive by Damac Tower B

What is 212 worth today?

Last sold for AED 1,114,000 in 2017

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2 Jun 2025RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
2 Feb 2024RentedNew contract
AED 71,000/yr12 months · AED 150 per sqft
5 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
15 Jan 2017Sold by developerOff-plan
AED 1,114,000AED 2,368 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 June 2025.

Key facts

Type
Studio hotel apartment
Size
470 sqft
Floor
2nd of 32
Parking
P1-175
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.11M · January 2017

About 212, Prive by Damac Tower B

212 is a studio of 470 sqft on the 2nd 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 15 January 2017 for AED 1,114,000, or AED 2,368 per sqft, in line with the AED 2,317 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 2 June 2025, is AED 75,000 a year: a gross yield of 6.7% on the 2017 price.

Sales and rents for 212 over time

Sales
Unit 212, 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, January 2017: AED 1,114,000 (AED 2,368 per sqft)

212 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 212, 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, December 2022: AED 70,000 a yearNew contract, February 2024: AED 71,000 a yearNew contract, June 2025: AED 75,000 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 212 sits

All 388 studios →

212 last sold in January 2017 at AED 2,368 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,317). 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. 212's AED 75,000 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 2nd floor

All 526 units in Prive by Damac Tower B
Value
2011-bedAED 1.55M · Mar 2020
202StudioAED 825K · Jan 2025
203AED 1.05M · Aug 2025
204StudioAED 879K · Jul 2023
205StudioAED 930K · Sep 2024
206StudioAED 625K · Jan 2021
207StudioAED 1.29M · Nov 2017
1–7 of 16

212, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 15 January 2017 for AED 1,114,000, or AED 2,368 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 70,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 6.7%.
  • 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 June 2025.

Questions about 212, Prive by Damac Tower B

What did unit 212 last sell for?

AED 1,114,000 on 15 January 2017, sold by the developer: AED 2,368 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 75,000 a year on the contract signed on 2 June 2025. The previous contract, from February 2024, was AED 71,000; the unit has been rented since December 2022.

How big is unit 212?

470 sqft (43.7 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 212 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 212, Prive by Damac Tower B

Starts from the last sale price (AED 1.11M, 15 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,114,000
Deposit, UAE resident (20%)
AED 222,800
Deposit, non-resident (40%)
AED 445,600
Monthly over 25 years at 3.7%
AED 4,558

Plus AED 51,798 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →