Studio · 471 sqftPrive by Damac Tower B, Business Bay · 3rd floor · completed 2019

312, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 837K29 December 2021
Current rentAED 85K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Prive by Damac Tower B

What is 312 worth today?

Last sold for AED 836,920 in 2021

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25 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
4 Jun 2024RentedNew contract
AED 100,000/yr12 months · AED 211 per sqft
29 Dec 2021Sold by developerReady
AED 836,920AED 1,775 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2025.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
3rd of 32
Parking
P2-05
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 837K · December 2021

About 312, Prive by Damac Tower B

312 is a studio of 471 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 29 December 2021 for AED 836,920, or AED 1,775 per sqft, in line with the AED 1,782 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 25 March 2025, is AED 85,000 a year: a gross yield of 10.2% on the 2021 price.

Sales and rents for 312 over time

Sales
Unit 312, 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, December 2021: AED 836,920 (AED 1,775 per sqft)

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

Rents
Unit 312, each contractTypical studio in Prive by Damac Tower B
50K100K2020202220242026Typical 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, June 2024: AED 100,000 a yearNew contract, March 2025: AED 85,000 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 312 sits

All 388 studios →

312 last sold in December 2021 at AED 1,775 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 1,782). 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. 312's AED 85,000 is in the upper 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 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

312, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 29 December 2021 for AED 836,920, or AED 1,775 per sqft.
  • Rented since June 2024 on 2 Ejari contracts, from AED 100,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 10.2%.
  • 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 25 March 2025.

Questions about 312, Prive by Damac Tower B

What did unit 312 last sell for?

AED 836,920 on 29 December 2021, sold by the developer: AED 1,775 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 85,000 a year on the contract signed on 25 March 2025. The previous contract, from June 2024, was AED 100,000.

How big is unit 312?

471 sqft (43.8 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 312 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 312, Prive by Damac Tower B

Starts from the last sale price (AED 837K, 29 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 836,920
Deposit, UAE resident (20%)
AED 167,384
Deposit, non-resident (40%)
AED 334,768
Monthly over 25 years at 3.7%
AED 3,424

Plus AED 40,161 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →