Studio · 471 sqftPrive by Damac Tower B, Business Bay · 4th floor · completed 2019

412, 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 412 · DLD and Ejari recordsUpdated 22 March 2025
Last soldAED 1.2M30 June 2015
Current rentAED 80K /yr22 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Prive by Damac Tower B

What is 412 worth today?

Last sold for AED 1,195,200 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
24 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 159 per sqft
5 Oct 2024RentedRenewal
AED 120,000/yr1 months · AED 255 per sqft
12 Aug 2023RentedRenewal
AED 84,000/yr1 months · AED 178 per sqft
12 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 149 per sqft
30 Jun 2015Sold by developerOff-plan
AED 1,195,200AED 2,535 per sqft

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

Key facts

Type
Studio apartment
Size
471 sqft
Floor
4th of 32
Parking
P2-16
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.2M · June 2015

About 412, Prive by Damac Tower B

412 is a studio of 471 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 1,195,200, or AED 2,535 per sqft, 3% below the AED 2,616 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 22 March 2025, is AED 80,000 a year: a gross yield of 6.7% on the 2015 price.

Sales and rents for 412 over time

Sales
Unit 412, 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 1,195,200 (AED 2,535 per sqft)

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

Rents
Unit 412, 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, August 2022: AED 70,000 a yearRenewal, August 2023: AED 84,000 a yearRenewal, October 2024: AED 120,000 a yearNew contract, January 2025: AED 75,000 a yearNew contract, March 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 412 sits

All 388 studios →

412 last sold in June 2015 at AED 2,535 per sqft, 3% below 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. 412'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 0.7%
Typical sale
AED 1.05M
Typical rent
AED 81K /yr
Typical yield
7.1%
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

412, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 30 June 2015 for AED 1,195,200, or AED 2,535 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 6.7%.
  • 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 March 2025.

Questions about 412, Prive by Damac Tower B

What did unit 412 last sell for?

AED 1,195,200 on 30 June 2015, sold by the developer: AED 2,535 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 80,000 a year on the contract signed on 22 March 2025. The previous contract, from January 2025, was AED 75,000; the unit has been rented since August 2022.

How big is unit 412?

471 sqft (43.8 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 412 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.

Selling 412? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 412, Prive by Damac Tower B

Starts from the last sale price (AED 1.2M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,195,200
Deposit, UAE resident (20%)
AED 239,040
Deposit, non-resident (40%)
AED 478,080
Monthly over 25 years at 3.7%
AED 4,890

Plus AED 55,208 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →