2-bed · 1,381 sqftPrive by Damac Tower B, Business Bay · 3rd floor · completed 2019

308, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 9 February 2025
Last soldAED 2.9M6 March 2019
Current rentAED 170K /yr9 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Prive by Damac Tower B

What is 308 worth today?

Last sold for AED 2,898,000 in 2019

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9 Feb 2025RentedNew contract
AED 170,000/yr12 months · AED 123 per sqft
1 Aug 2021RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
6 Mar 2019Sold by developerOff-plan
AED 2,898,000AED 2,098 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 February 2025.

Key facts

Type
2-bed apartment
Size
1,381 sqft
Floor
3rd of 32
Parking
P1-182, P1-182A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.9M · March 2019

About 308, Prive by Damac Tower B

308 is a two-bedroom apartment of 1,381 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. The developer sold it on 6 March 2019 for AED 2,898,000, or AED 2,098 per sqft, in line with the AED 2,123 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 9 February 2025, is AED 170,000 a year: a gross yield of 5.9% on the 2019 price.

Sales and rents for 308 over time

Sales
Unit 308, 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, March 2019: AED 2,898,000 (AED 2,098 per sqft)

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

Rents
Unit 308, 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, August 2021: AED 100,000 a yearNew contract, February 2025: AED 170,000 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 308 sits

All 34 2-beds →

308 last sold in March 2019 at AED 2,098 per sqft, in line with what two-beds in Prive by Damac Tower B were fetching at the time (AED 2,123). 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. 308's AED 170,000 is in the upper 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 3rd floor

All 526 units in Prive by Damac Tower B
Value
3011-bedAED 1.25M · Dec 2020
302StudioAED 1.1M · Nov 2023
303StudioAED 936K · Jan 2024
304StudioAED 500K · Sep 2018
305StudioAED 1.12M · Mar 2014
306StudioAED 1.19M · Mar 2014
307StudioAED 970K · Sep 2023
1–7 of 16

308, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 6 March 2019 for AED 2,898,000, or AED 2,098 per sqft.
  • Rented since August 2021 on 2 Ejari contracts, from AED 100,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 5.9%.
  • 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 9 February 2025.

Questions about 308, Prive by Damac Tower B

What did unit 308 last sell for?

AED 2,898,000 on 6 March 2019, sold by the developer: AED 2,098 per sqft for 1,381 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 170,000 a year on the contract signed on 9 February 2025. The previous contract, from August 2021, was AED 100,000.

How big is unit 308?

1,381 sqft (128.3 sqm): a two-bedroom apartment on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 308 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 308, Prive by Damac Tower B

Starts from the last sale price (AED 2.9M, 6 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,898,000
Deposit, UAE resident (20%)
AED 579,600
Deposit, non-resident (40%)
AED 1,159,200
Monthly over 25 years at 3.7%
AED 11,857

Plus AED 126,726 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →