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1-bed · 982 sqftPrive by Damac Tower B, Business Bay · 4th floor · completed 2019

409, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 2.15M18 November 2019
Current rentAED 120K /yr26 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Prive by Damac Tower B

What is 409 worth today?

Last sold for AED 2,145,000 in 2019

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26 Feb 2025RentedRenewal
AED 120,000/yr12 months · AED 123 per sqft
26 Feb 2024RentedRenewal
AED 120,000/yr12 months · AED 123 per sqft
26 Feb 2023RentedRenewal
AED 105,000/yr12 months · AED 107 per sqft
18 Nov 2019Sold by developerOff-plan
AED 2,145,000AED 2,183 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2025.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
4th of 32
Parking
P2-14
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.15M · November 2019
Building
Prive by Damac Tower B

About 409, Prive by Damac Tower B

409 is a one-bedroom apartment of 982 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 18 November 2019 for AED 2,145,000, or AED 2,183 per sqft, in line with the AED 2,203 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 26 February 2025, is AED 120,000 a year: a gross yield of 5.6% on the 2019 price.

Sales and rents for 409 over time

Sales
Unit 409, 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 2019: AED 2,145,000 (AED 2,183 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Prive by Damac Tower B
75K100K125K2020202220242026Typical 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 125,000Renewal, February 2023: AED 105,000 a yearRenewal, February 2024: AED 120,000 a yearRenewal, February 2025: AED 120,000 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 409 sits

All 86 1-beds →

409 last sold in November 2019 at AED 2,183 per sqft, in line with what one-beds in Prive by Damac Tower B were fetching at the time (AED 2,203). 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. 409's AED 120,000 is in the upper half 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 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
405StudioAED 1.1M · Jun 2015
406StudioAED 1.2M · Jun 2015
407StudioAED 1.25M · Jun 2015
1–7 of 18

409, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 18 November 2019 for AED 2,145,000, or AED 2,183 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 5.6%.
  • 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 26 February 2025.

Questions about 409, Prive by Damac Tower B

What did unit 409 last sell for?

AED 2,145,000 on 18 November 2019, sold by the developer: AED 2,183 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 120,000 a year on the contract renewed on 26 February 2025. The previous contract, from February 2024, was AED 120,000; the unit has been rented since February 2023.

How big is unit 409?

982 sqft (91.2 sqm): a one-bedroom apartment on the 4th floor of a 32-storey tower completed in 2019.

What is unit 409 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 409, Prive by Damac Tower B

Starts from the last sale price (AED 2.15M, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,145,000
Deposit, UAE resident (20%)
AED 429,000
Deposit, non-resident (40%)
AED 858,000
Monthly over 25 years at 3.7%
AED 8,776

Plus AED 95,100 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →