Studio · 443 sqftPrive by Damac Tower B, Business Bay · 24th floor · completed 2019

2406, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.32M12 March 2015
Current rentAED 70K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Prive by Damac Tower B

What is 2406 worth today?

Last sold for AED 1,321,600 in 2015

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1 Mar 2025RentedRenewal
AED 70,000/yr12 months · AED 158 per sqft
29 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 158 per sqft
27 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
2 Feb 2022RentedNew contract
AED 46,000/yr12 months · AED 104 per sqft
3 Feb 2021RentedNew contract
AED 43,000/yr12 months · AED 97 per sqft
12 Mar 2015Sold by developerOff-plan
AED 1,321,600AED 2,984 per sqft

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

Key facts

Type
Studio apartment
Size
443 sqft
Floor
24th of 32
Parking
P3-136
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.32M · March 2015

About 2406, Prive by Damac Tower B

2406 is a studio of 443 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 12 March 2015 for AED 1,321,600, or AED 2,984 per sqft, 15% above the AED 2,601 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 March 2025, is AED 70,000 a year: a gross yield of 5.3% on the 2015 price.

Sales and rents for 2406 over time

Sales
Unit 2406, each saleTypical studio in Prive by Damac Tower B
500K1M2014201820222026Typical 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, March 2015: AED 1,321,600 (AED 2,984 per sqft)

2406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2406, 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 43,000 a yearNew contract, February 2022: AED 46,000 a yearNew contract, February 2023: AED 65,000 a yearNew contract, February 2024: AED 70,000 a yearRenewal, March 2025: AED 70,000 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 2406 sits

All 388 studios →

2406 last sold in March 2015 at AED 2,984 per sqft, 15% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,601). 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. 2406's AED 70,000 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 24th floor

All 526 units in Prive by Damac Tower B
Value
24011-bedAED 2.49M · Aug 2014
2402StudioAED 1.24M · Mar 2015
2403StudioAED 1.22M · Aug 2014
2404StudioAED 1M · Jan 2025
2405StudioAED 1.3M · Aug 2014
2407AED 1.04M · Oct 2025
24082-bedAED 3.91M · Aug 2014
1–7 of 16

2406, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 12 March 2015 for AED 1,321,600, or AED 2,984 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 43,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 5.3%.
  • 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 March 2025.

Questions about 2406, Prive by Damac Tower B

What did unit 2406 last sell for?

AED 1,321,600 on 12 March 2015, sold by the developer: AED 2,984 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 2406?

AED 70,000 a year on the contract renewed on 1 March 2025. The previous contract, from February 2024, was AED 70,000; the unit has been rented since February 2021.

How big is unit 2406?

443 sqft (41.2 sqm): a studio on the 24th floor of a 32-storey tower completed in 2019.

What is unit 2406 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 2406, Prive by Damac Tower B

Starts from the last sale price (AED 1.32M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,321,600
Deposit, UAE resident (20%)
AED 264,320
Deposit, non-resident (40%)
AED 528,640
Monthly over 25 years at 3.7%
AED 5,407

Plus AED 60,517 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →