307, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Prive by Damac Tower B
What is 307 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 3rd of 32
- Parking
- P2-01
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 970K · September 2023
- Building
- Prive by Damac Tower B
About 307, Prive by Damac Tower B
307 is a studio of 491 sqft on the 3rd 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 8 September 2023 for AED 970,000, or AED 1,976 per sqft, in line with the AED 1,985 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 40,000 a year: a gross yield of 4.1% on the 2023 price.
Sales and rents for 307 over time
307 has sold twice; the dashed line is the studio median of each year in the building.
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 307 sits
All 388 studios →307 last sold in September 2023 at AED 1,976 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 1,985). 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. 307's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 373 sqft | 930,000 | 2,493 | ||
| 18 Feb 202618 February 2026 | 373 sqft | 900,000 | 2,415 | ||
| 16 Feb 202616 February 2026 | 396 sqft | 1,050,000 | 2,650 | ||
| 13 Feb 202613 February 2026 | 438 sqft | 1,130,000 | 2,577 |
Prive by Damac Tower B
Building526 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%
Other units on the 3rd floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 968 sqft | AED 1.25MAED 1,246,860 · Dec 2020December 2020 | 110,000 /yr | |
| 302 | Studio | 401 sqft | AED 1.1MAED 1,100,000 · Nov 2023November 2023 | ||
| 303 | Studio | 396 sqft | AED 936KAED 936,000 · Jan 2024January 2024 | ||
| 304 | Studio | 373 sqft | AED 500KAED 499,990 · Sep 2018September 2018 | 90,000 /yr | |
| 305 | Studio | 432 sqft | AED 1.12MAED 1,119,100 · Mar 2014March 2014 | 71,000 /yr | |
| 306 | Studio | 471 sqft | AED 1.19MAED 1,193,200 · Mar 2014March 2014 | 75,000 /yr | |
| 308 | 2-bed | 1,381 sqft | AED 2.9MAED 2,898,000 · Mar 2019March 2019 | 170,000 /yr | |
| 309 | 1-bed | 982 sqft | AED 2.27MAED 2,269,680 · Jan 2024January 2024 | 110,000 /yr | |
| 310 | Studio | 438 sqft | AED 1.13MAED 1,130,000 · Feb 2026February 2026 | ||
| 311 | Studio | 489 sqft | AED 1.14MAED 1,139,006 · Mar 2014March 2014 | 70,000 /yr | |
| 312 | Studio | 471 sqft | AED 837KAED 836,920 · Dec 2021December 2021 | 85,000 /yr | |
| 313 | Studio | 431 sqft | AED 1.12MAED 1,119,100 · Mar 2014March 2014 | 70,000 /yr | |
| 314 | Studio | 373 sqft | AED 968KAED 968,050 · Apr 2014April 2014 | 68,000 /yr | |
| 315 | Studio | 402 sqft | AED 850KAED 850,000 · Aug 2022August 2022 | ||
| 316 | Studio | 419 sqft | AED 1.07MAED 1,073,500 · Apr 2014April 2014 | 75,000 /yr | |
| 317 | 1-bed | 958 sqft | AED 1.62MAED 1,619,000 · Mar 2020March 2020 | 120,000 /yr |
307, Prive by Damac Tower B in numbers
- Sold twice: first on 26 March 2014 for AED 1,277,750, last on 8 September 2023 for AED 970,000 (AED 1,976 per sqft).
- Rented since November 2020 on 2 Ejari contracts, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 4.1%.
- 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 8 September 2023.
Questions about 307, Prive by Damac Tower B
What did unit 307 last sell for?
AED 970,000 on 8 September 2023: AED 1,976 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 1,277,750 in March 2014.
What is the rent for unit 307?
AED 40,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 40,000.
How big is unit 307?
491 sqft (45.6 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.
What is unit 307 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 307, Prive by Damac Tower B
Starts from the last sale price (AED 970K, 8 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus AED 45,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →