Studio · 408 sqftPrive by Damac Tower B, Business Bay · 24th floor · completed 2019

2403, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.22M24 August 2014
Current rentAED 58K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Prive by Damac Tower B

What is 2403 worth today?

Last sold for AED 1,218,000 in 2014

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1 Aug 2025RentedRenewal
AED 57,750/yr12 months · AED 141 per sqft
1 Aug 2024RentedRenewal
AED 52,500/yr12 months · AED 129 per sqft
1 Aug 2023RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
15 Mar 2022RentedNew contract
AED 55,000/yr12 months · AED 135 per sqft
15 Feb 2021RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
24 Aug 2014Sold by developerOff-plan
AED 1,218,000AED 2,981 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
24th of 32
Parking
P3-130
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.22M · August 2014

About 2403, Prive by Damac Tower B

2403 is a studio of 408 sqft on the 24th 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 24 August 2014 for AED 1,218,000, or AED 2,981 per sqft, 15% above the AED 2,598 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 57,750 a year: a gross yield of 4.7% on the 2014 price.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, August 2014: AED 1,218,000 (AED 2,981 per sqft)

2403 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2403, 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, February 2021: AED 44,000 a yearNew contract, March 2022: AED 55,000 a yearNew contract, August 2023: AED 45,000 a yearRenewal, August 2024: AED 52,500 a yearRenewal, August 2025: AED 57,750 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 2403 sits

All 388 studios →

2403 last sold in August 2014 at AED 2,981 per sqft, 15% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,598). 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. 2403's AED 57,750 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 24th floor

All 526 units in Prive by Damac Tower B
Value
24011-bedAED 2.49M · Aug 2014
2402StudioAED 1.24M · Mar 2015
2404StudioAED 1M · Jan 2025
2405StudioAED 1.3M · Aug 2014
2406StudioAED 1.32M · Mar 2015
2407AED 1.04M · Oct 2025
24082-bedAED 3.91M · Aug 2014
1–7 of 16

2403, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 24 August 2014 for AED 1,218,000, or AED 2,981 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 44,000 to AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2014 price is 4.7%.
  • 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 1 August 2025.

Questions about 2403, Prive by Damac Tower B

What did unit 2403 last sell for?

AED 1,218,000 on 24 August 2014, sold by the developer: AED 2,981 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 57,750 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 52,500; the unit has been rented since February 2021.

How big is unit 2403?

408 sqft (37.9 sqm): a studio on the 24th floor of a 32-storey tower completed in 2019.

What is unit 2403 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 2403, Prive by Damac Tower B

Starts from the last sale price (AED 1.22M, 24 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,218,000
Deposit, UAE resident (20%)
AED 243,600
Deposit, non-resident (40%)
AED 487,200
Monthly over 25 years at 3.7%
AED 4,983

Plus AED 56,166 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →