Studio · 401 sqftPrive by Damac Tower B, Business Bay · 22nd floor · completed 2019

2203, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in January 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 22 January 2017
Last soldAED 944K22 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Prive by Damac Tower B

What is 2203 worth today?

Last sold for AED 944,000 in 2017

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22 Jan 2017Sold by developerOff-plan
AED 944,000AED 2,356 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2017.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
22nd of 32
Parking
P3-98
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 944K · January 2017

About 2203, Prive by Damac Tower B

2203 is a studio of 401 sqft on the 22nd 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 22 January 2017 for AED 944,000, or AED 2,356 per sqft, in line with the AED 2,319 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2203 over time

Sales
Unit 2203, 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 944,000 (AED 2,356 per sqft)

2203 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2203, 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 80,000

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 2203 sits

All 388 studios →

2203 last sold in January 2017 at AED 2,356 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,319). 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.

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 22nd floor

All 526 units in Prive by Damac Tower B
Value
22011-bedAED 1.59M · Sep 2020
2202StudioAED 400K · Feb 2021
2204StudioAED 880K · Jan 2023
2205StudioAED 964K · Apr 2016
2206StudioAED 801K · Apr 2023
2207StudioAED 1.19M · May 2016
22082-bedAED 2.59M · Aug 2018
1–7 of 16

2203, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 22 January 2017 for AED 944,000, or AED 2,356 per sqft.
  • 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 22 January 2017.

Questions about 2203, Prive by Damac Tower B

What did unit 2203 last sell for?

AED 944,000 on 22 January 2017, sold by the developer: AED 2,356 per sqft for 401 sqft. It is the only registered sale of the unit.

How big is unit 2203?

401 sqft (37.3 sqm): a studio on the 22nd floor of a 32-storey tower completed in 2019.

What is unit 2203 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 2203, Prive by Damac Tower B

Starts from the last sale price (AED 944K, 22 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 944,000
Deposit, UAE resident (20%)
AED 188,800
Deposit, non-resident (40%)
AED 377,600
Monthly over 25 years at 3.7%
AED 3,862

Plus AED 44,658 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →