1,342 sqftPrive by Damac Tower B, Business Bay · 5th floor · completed 2019

508, Prive by Damac Tower B

Sold prices and rental history: sold 4 times, last in August 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 26 August 2025
Last soldAED 2.55M26 August 2025
Current rentAED 100K /yr23 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Prive by Damac Tower B

What is 508 worth today?

Last sold for AED 2,550,000 in 2025

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26 Aug 2025SoldReady
AED 2,550,000AED 1,900 per sqft
16 Sep 2024SoldReady
AED 3,087,000AED 2,301 per sqft
23 Apr 2023RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
6 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
10 Oct 2016SoldOff-plan
AED 2,000,000AED 1,490 per sqft
29 Apr 2014Sold by developerOff-plan
AED 3,286,050AED 2,449 per sqft

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

Key facts

Type
Apartment
Size
1,342 sqft
Floor
5th of 32
Parking
P1-184, P1-184A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.55M · August 2025

About 508, Prive by Damac Tower B

508 is an apartment of 1,342 sqft on the 5th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 26 August 2025 for AED 2,550,000, or AED 1,900 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 23 April 2023, is AED 100,000 a year: a gross yield of 3.9% on the 2025 price.

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 5th floor

All 526 units in Prive by Damac Tower B
Value
5011-bedAED 1.19M · Dec 2020
502StudioAED 1.07M · Jan 2017
503StudioAED 1.31M · May 2014
504StudioAED 968K · Apr 2014
505StudioAED 1M · Apr 2024
506StudioAED 1.13M · Apr 2017
507StudioAED 988K · Jul 2024
1–7 of 15

508, Prive by Damac Tower B in numbers

  • Sold 4 times: first on 29 April 2014 for AED 3,286,050, last on 26 August 2025 for AED 2,550,000 (AED 1,900 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 60,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 3.9%.

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

Questions about 508, Prive by Damac Tower B

What did unit 508 last sell for?

AED 2,550,000 on 26 August 2025: AED 1,900 per sqft for 1,342 sqft. The unit has 4 registered sales; the first was AED 3,286,050 in April 2014.

What is the rent for unit 508?

AED 100,000 a year on the contract signed on 23 April 2023. The previous contract, from March 2022, was AED 60,000.

How big is unit 508?

1,342 sqft (124.7 sqm): an apartment on the 5th floor of a 32-storey tower completed in 2019.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 508, Prive by Damac Tower B

Starts from the last sale price (AED 2.55M, 26 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →