1-bed · 958 sqftPrive by Damac Tower B, Business Bay · 2nd floor · completed 2019

217, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in February 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.27M8 February 2021
Current rentAED 120K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Prive by Damac Tower B

What is 217 worth today?

Last sold for AED 1,272,000 in 2021

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1 May 2024RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
8 Apr 2022RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
8 Feb 2021Sold by developerReady
AED 1,272,000AED 1,327 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
958 sqft
Floor
2nd of 32
Parking
P1-186
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.27M · February 2021

About 217, Prive by Damac Tower B

217 is a one-bedroom apartment of 958 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 8 February 2021 for AED 1,272,000, or AED 1,327 per sqft, 10% below the AED 1,467 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 120,000 a year: a gross yield of 9.4% on the 2021 price.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical one-bed in Prive by Damac Tower B
2M2014201820222026Typical 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 2021: AED 1,272,000 (AED 1,327 per sqft)

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

Rents
Unit 217, 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 125,000Renewal, April 2022: AED 75,000 a yearNew contract, May 2024: AED 120,000 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 217 sits

All 86 1-beds →

217 last sold in February 2021 at AED 1,327 per sqft, 10% below what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,467). 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. 217's AED 120,000 is in the upper half 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 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

217, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 8 February 2021 for AED 1,272,000, or AED 1,327 per sqft.
  • Rented since April 2022 on 2 Ejari contracts, from AED 75,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 9.4%.
  • 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 1 May 2024.

Questions about 217, Prive by Damac Tower B

What did unit 217 last sell for?

AED 1,272,000 on 8 February 2021, sold by the developer: AED 1,327 per sqft for 958 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 120,000 a year on the contract signed on 1 May 2024. The previous contract, from April 2022, was AED 75,000.

How big is unit 217?

958 sqft (89.0 sqm): a one-bedroom apartment on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 217 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 217, Prive by Damac Tower B

Starts from the last sale price (AED 1.27M, 8 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,272,000
Deposit, UAE resident (20%)
AED 254,400
Deposit, non-resident (40%)
AED 508,800
Monthly over 25 years at 3.7%
AED 5,204

Plus AED 58,434 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →