1-bed · 959 sqftPrive by Damac Tower B, Business Bay · 32nd floor · completed 2019

3207, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3207 · DLD and Ejari recordsUpdated 13 October 2024
Last soldAED 1.86M15 November 2021
Current rentAED 140K /yr13 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3207, Prive by Damac Tower B

What is 3207 worth today?

Last sold for AED 1,861,000 in 2021

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13 Oct 2024RentedRenewal
AED 140,000/yr12 months · AED 146 per sqft
13 Oct 2023RentedNew contract
AED 140,000/yr12 months · AED 146 per sqft
1 Mar 2023RentedNew contract
AED 116,464/yr12 months · AED 122 per sqft
15 Nov 2021Sold by developerReady
AED 1,861,000AED 1,940 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2024.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
32nd of 32
Parking
P1-34
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.86M · November 2021

About 3207, Prive by Damac Tower B

3207 is a one-bedroom apartment of 959 sqft on the 32nd 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 15 November 2021 for AED 1,861,000, or AED 1,940 per sqft, 31% above the AED 1,486 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 13 October 2024, is AED 140,000 a year: a gross yield of 7.5% on the 2021 price.

Sales and rents for 3207 over time

Sales
Unit 3207, each saleTypical one-bed in Prive by Damac Tower B
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,827,000; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,731,000; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,620,000; 2026 AED 1,700,000Sold by developer, November 2021: AED 1,861,000 (AED 1,940 per sqft)

3207 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3207, each contractTypical one-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 76,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 125,000New contract, March 2023: AED 116,464 a yearNew contract, October 2023: AED 140,000 a yearRenewal, October 2024: AED 140,000 a year

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

1-beds in Prive by Damac Tower B, and where 3207 sits

All 86 1-beds →

3207 last sold in November 2021 at AED 1,940 per sqft, 31% above what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,486). Over the last 12 months one-beds sold for AED 1,700,000 to 2,280,000, around AED 2,073 per sqft, and rent for AED 80,000 to 130,000 a year. 3207's AED 140,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
12 May 20251,700,000
3 1-bed 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 32nd floor

All 526 units in Prive by Damac Tower B
Value
3201StudioAED 1.06M · Jul 2025
32021-bedAED 1.2M · Jan 2021
32031-bedAED 1.18M · Feb 2021
32041-bedAED 1.83M · Mar 2022
32052-bedAED 2.49M · Mar 2020
32062-bedAED 2.49M · Sep 2021
32081-bedAED 1.42M · Mar 2020
1–7 of 11

3207, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 15 November 2021 for AED 1,861,000, or AED 1,940 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 116,464 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 7.5%.
  • One-beds in Prive by Damac Tower B sold for AED 1,700,000–2,280,000 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 13 October 2024.

Questions about 3207, Prive by Damac Tower B

What did unit 3207 last sell for?

AED 1,861,000 on 15 November 2021, sold by the developer: AED 1,940 per sqft for 959 sqft. It is the only registered sale of the unit.

What is the rent for unit 3207?

AED 140,000 a year on the contract renewed on 13 October 2024. The previous contract, from October 2023, was AED 140,000; the unit has been rented since March 2023.

How big is unit 3207?

959 sqft (89.1 sqm): a one-bedroom apartment on the 32nd floor of a 32-storey tower completed in 2019.

What is unit 3207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower B sold for AED 1,700,000 to 2,280,000 in the last 12 months, around AED 2,073 per sqft.

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Mortgage on 3207, Prive by Damac Tower B

Starts from the last sale price (AED 1.86M, 15 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,861,000
Deposit, UAE resident (20%)
AED 372,200
Deposit, non-resident (40%)
AED 744,400
Monthly over 25 years at 3.7%
AED 7,614

Plus AED 83,172 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →