Studio · 408 sqftPrive by Damac Tower B, Business Bay · 23rd floor · completed 2019

2302, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 936K14 April 2016
Current rentAED 75K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Prive by Damac Tower B

What is 2302 worth today?

Last sold for AED 935,752 in 2016

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20 May 2025RentedNew contract
AED 75,000/yr12 months · AED 183 per sqft
25 Dec 2023RentedRenewal
AED 63,869/yr11 months · AED 156 per sqft
25 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 159 per sqft
14 Apr 2016Sold by developerOff-plan
AED 935,752AED 2,293 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2025.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
23rd of 32
Parking
P3-114
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 936K · April 2016

About 2302, Prive by Damac Tower B

2302 is a studio of 408 sqft on the 23rd 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 14 April 2016 for AED 935,752, or AED 2,293 per sqft, in line with the AED 2,306 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 20 May 2025, is AED 75,000 a year: a gross yield of 8.0% on the 2016 price.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, April 2016: AED 935,752 (AED 2,293 per sqft)

2302 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2302, 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 65,000 a yearRenewal, December 2023: AED 63,869 a yearNew contract, May 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 2302 sits

All 388 studios →

2302 last sold in April 2016 at AED 2,293 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,306). 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. 2302'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 23rd floor

All 526 units in Prive by Damac Tower B
Value
23011-bedAED 1.6M · Dec 2024
2303StudioAED 901K · Apr 2016
2304StudioAED 1M · May 2025
2305StudioAED 964K · Apr 2016
2306StudioAED 1M · Jul 2023
2307StudioAED 1.19M · May 2016
23082-bedAED 3.2M · Nov 2024
1–7 of 16

2302, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 14 April 2016 for AED 935,752, or AED 2,293 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 65,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2016 price is 8.0%.
  • 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 20 May 2025.

Questions about 2302, Prive by Damac Tower B

What did unit 2302 last sell for?

AED 935,752 on 14 April 2016, sold by the developer: AED 2,293 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 2302?

AED 75,000 a year on the contract signed on 20 May 2025. The previous contract, from December 2023, was AED 63,869; the unit has been rented since December 2022.

How big is unit 2302?

408 sqft (37.9 sqm): a studio on the 23rd floor of a 32-storey tower completed in 2019.

What is unit 2302 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 2302, Prive by Damac Tower B

Starts from the last sale price (AED 936K, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 935,752
Deposit, UAE resident (20%)
AED 187,150
Deposit, non-resident (40%)
AED 374,301
Monthly over 25 years at 3.7%
AED 3,828

Plus AED 44,312 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →