Studio · 469 sqftPrive by Damac Tower B, Business Bay · 4th floor · completed 2019

401, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 22 April 2025
Last soldAED 899K5 December 2022
Current rentAED 80K /yr22 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Prive by Damac Tower B

What is 401 worth today?

Last sold for AED 899,042 in 2022

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22 Apr 2025RentedRenewal
AED 80,000/yr12 months · AED 169 per sqft
22 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
5 Dec 2022Sold by developerReady
AED 899,042AED 1,917 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2025.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
4th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 899K · December 2022

About 401, Prive by Damac Tower B

401 is a studio of 469 sqft on the 4th 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 5 December 2022 for AED 899,042, or AED 1,917 per sqft, in line with the AED 1,906 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 22 April 2025, is AED 80,000 a year: a gross yield of 8.9% on the 2022 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 2022: AED 899,042 (AED 1,917 per sqft)

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

Rents
Unit 401, each contractTypical studio in Prive by Damac Tower B
40K60K80K2020202220242026Typical 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, April 2024: AED 80,000 a yearRenewal, April 2025: AED 80,000 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 401 sits

All 388 studios →

401 last sold in December 2022 at AED 1,917 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 1,906). 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. 401's AED 80,000 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 4th floor

All 526 units in Prive by Damac Tower B
Value
402StudioAED 740K · Sep 2022
403StudioAED 872K · May 2017
404StudioAED 750K · Aug 2023
405StudioAED 1.1M · Jun 2015
406StudioAED 1.2M · Jun 2015
407StudioAED 1.25M · Jun 2015
4082-bedAED 2.84M · Oct 2018
1–7 of 18

401, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 5 December 2022 for AED 899,042, or AED 1,917 per sqft.
  • Rented since April 2024 on 2 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.9%.
  • 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 22 April 2025.

Questions about 401, Prive by Damac Tower B

What did unit 401 last sell for?

AED 899,042 on 5 December 2022, sold by the developer: AED 1,917 per sqft for 469 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 80,000 a year on the contract renewed on 22 April 2025. The previous contract, from April 2024, was AED 80,000.

How big is unit 401?

469 sqft (43.6 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 401 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 401, Prive by Damac Tower B

Starts from the last sale price (AED 899K, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 899,042
Deposit, UAE resident (20%)
AED 179,808
Deposit, non-resident (40%)
AED 359,617
Monthly over 25 years at 3.7%
AED 3,678

Plus AED 42,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →