Studio · 432 sqftPrive by Damac Tower B, Business Bay · 4th floor · completed 2019

405, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 1.1M30 June 2015
Current rentAED 78K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Prive by Damac Tower B

What is 405 worth today?

Last sold for AED 1,099,200 in 2015

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15 Sep 2025RentedRenewal
AED 78,000/yr12 months · AED 181 per sqft
15 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
17 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 116 per sqft
9 Nov 2023RentedNew contract
AED 77,000/yr12 months · AED 178 per sqft
14 Aug 2023RentedRenewal
AED 69,677/yr1 months · AED 161 per sqft
14 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
30 Jun 2015Sold by developerOff-plan
AED 1,099,200AED 2,545 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
4th of 32
Parking
P2-11
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.1M · June 2015

About 405, Prive by Damac Tower B

405 is a studio of 432 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 30 June 2015 for AED 1,099,200, or AED 2,545 per sqft, in line with the AED 2,616 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 78,000 a year: a gross yield of 7.1% on the 2015 price.

Sales and rents for 405 over time

Sales
Unit 405, 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, June 2015: AED 1,099,200 (AED 2,545 per sqft)

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

Rents
Unit 405, 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, August 2022: AED 60,000 a yearRenewal, August 2023: AED 69,677 a yearNew contract, November 2023: AED 77,000 a yearNew contract, July 2024: AED 50,000 a yearNew contract, September 2024: AED 75,000 a yearRenewal, September 2025: AED 78,000 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 405 sits

All 388 studios →

405 last sold in June 2015 at AED 2,545 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,616). 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. 405's AED 78,000 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
401StudioAED 899K · Dec 2022
402StudioAED 740K · Sep 2022
403StudioAED 872K · May 2017
404StudioAED 750K · Aug 2023
406StudioAED 1.2M · Jun 2015
407StudioAED 1.25M · Jun 2015
4082-bedAED 2.84M · Oct 2018
1–7 of 18

405, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 30 June 2015 for AED 1,099,200, or AED 2,545 per sqft.
  • Rented since August 2022 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2024 and recovered to AED 78,000 by September 2025.
  • At AED 78,000 a year the gross yield on the 2015 price is 7.1%.
  • 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 15 September 2025.

Questions about 405, Prive by Damac Tower B

What did unit 405 last sell for?

AED 1,099,200 on 30 June 2015, sold by the developer: AED 2,545 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 78,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since August 2022.

How big is unit 405?

432 sqft (40.1 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 405 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 405, Prive by Damac Tower B

Starts from the last sale price (AED 1.1M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,099,200
Deposit, UAE resident (20%)
AED 219,840
Deposit, non-resident (40%)
AED 439,680
Monthly over 25 years at 3.7%
AED 4,497

Plus AED 51,176 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →