2-bed · 1,409 sqftPrive by Damac Tower B, Business Bay · 29th floor · completed 2019

2905, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in July 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2905 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 3.27M27 July 2023
Current rentAED 160K /yr6 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2905, Prive by Damac Tower B

What is 2905 worth today?

Last sold for AED 3,266,340 in 2023

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6 Apr 2024RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
27 Jul 2023SoldReady
AED 3,266,340AED 2,318 per sqft
1 Jun 2017Sold by developerOff-plan
AED 3,161,000AED 2,243 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2024.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
29th of 32
Parking
P3-205
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 3.27M · July 2023

About 2905, Prive by Damac Tower B

2905 is a two-bedroom apartment of 1,409 sqft on the 29th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 27 July 2023 for AED 3,266,340, or AED 2,318 per sqft, 22% above the AED 1,907 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 April 2024. The current contract, signed on 6 April 2024, is AED 160,000 a year: a gross yield of 4.9% on the 2023 price.

Sales and rents for 2905 over time

Sales
Unit 2905, each saleTypical two-bed in Prive by Damac Tower B
2M3M20142017202020232026Typical sale price by year: 2014 AED 3,616,425; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,995,500; 2020 AED 2,487,000; 2021 AED 2,549,000; 2022 AED 2,144,150; 2023 AED 2,695,000; 2024 AED 2,542,560; 2025 AED 2,150,000Sold by developer, June 2017: AED 3,161,000 (AED 2,243 per sqft)Sold, July 2023: AED 3,266,340 (AED 2,318 per sqft)

2905 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2905, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 155,000; 2026 AED 165,000New contract, April 2024: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Prive by Damac Tower B, and where 2905 sits

All 34 2-beds →

2905 last sold in July 2023 at AED 2,318 per sqft, 22% above what two-beds in Prive by Damac Tower B were fetching at the time (AED 1,907). Over the last 12 months two-beds sold for AED 2,500,000, around AED 1,774 per sqft, and rent for AED 145,000 to 180,000 a year. 2905's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20262,500,000
1 Jul 20252,100,000
24 Jun 20252,150,000
9 Jan 20252,843,938
1 2-bed sale 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 29th floor

All 526 units in Prive by Damac Tower B
Value
2901StudioAED 1.08M · Jun 2025
29021-bedAED 1.71M · Apr 2018
29031-bedAED 1.83M · Apr 2018
29041-bedAED 2.24M · Feb 2024
29062-bedAED 2.99M · Oct 2018
29071-bedAED 1.59M · Nov 2020
29081-bedAED 1.74M · Oct 2018
1–7 of 11

2905, Prive by Damac Tower B in numbers

  • Sold twice: first on 1 June 2017 for AED 3,161,000, last on 27 July 2023 for AED 3,266,340 (AED 2,318 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 4.9%.
  • Two-beds in Prive by Damac Tower B sold for AED 2,500,000–2,500,000 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 6 April 2024.

Questions about 2905, Prive by Damac Tower B

What did unit 2905 last sell for?

AED 3,266,340 on 27 July 2023: AED 2,318 per sqft for 1,409 sqft. The unit has 2 registered sales; the first was AED 3,161,000 in June 2017.

What is the rent for unit 2905?

AED 160,000 a year on the contract signed on 6 April 2024.

How big is unit 2905?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 29th floor of a 32-storey tower completed in 2019.

What is unit 2905 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,774 per sqft.

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Mortgage on 2905, Prive by Damac Tower B

Starts from the last sale price (AED 3.27M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,266,340
Deposit, UAE resident (20%)
AED 653,268
Deposit, non-resident (40%)
AED 1,306,536
Monthly over 25 years at 3.7%
AED 13,364

Plus AED 142,197 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →