Studio · 431 sqftPrive by Damac Tower B, Business Bay · 6th floor · completed 2019

613, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 6 October 2024
Last soldAED 986K18 November 2019
Current rentAED 75K /yr6 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Prive by Damac Tower B

What is 613 worth today?

Last sold for AED 986,000 in 2019

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6 Oct 2024RentedRenewal
AED 75,209/yr12 months · AED 175 per sqft
18 Nov 2019Sold by developerOff-plan
AED 986,000AED 2,287 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2024.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
6th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 986K · November 2019

About 613, Prive by Damac Tower B

613 is a studio of 431 sqft on the 6th 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 986,000, or AED 2,287 per sqft, in line with the AED 2,245 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 October 2024. The current contract, renewed on 6 October 2024, is AED 75,209 a year: a gross yield of 7.6% on the 2019 price.

Sales and rents for 613 over time

Sales
Unit 613, 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, November 2019: AED 986,000 (AED 2,287 per sqft)

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

Rents
Unit 613, 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 80,000Renewal, October 2024: AED 75,209 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 613 sits

All 388 studios →

613 last sold in November 2019 at AED 2,287 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,245). 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. 613's AED 75,209 is in the lower 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 6th floor

All 526 units in Prive by Damac Tower B
Value
6011-bedAED 1.48M · Oct 2021
602StudioAED 1.07M · Mar 2015
603StudioAED 969K · Jun 2025
604StudioAED 721K · Feb 2023
605StudioAED 1.26M · Jun 2015
606StudioAED 1.05M · Jul 2023
607StudioAED 690K · Sep 2021
1–7 of 16

613, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 18 November 2019 for AED 986,000, or AED 2,287 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 75,209 a year.
  • At AED 75,209 a year the gross yield on the 2019 price is 7.6%.
  • 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 6 October 2024.

Questions about 613, Prive by Damac Tower B

What did unit 613 last sell for?

AED 986,000 on 18 November 2019, sold by the developer: AED 2,287 per sqft for 431 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 75,209 a year on the contract renewed on 6 October 2024.

How big is unit 613?

431 sqft (40.0 sqm): a studio on the 6th floor of a 32-storey tower completed in 2019.

What is unit 613 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 613, Prive by Damac Tower B

Starts from the last sale price (AED 986K, 18 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 986,000
Deposit, UAE resident (20%)
AED 197,200
Deposit, non-resident (40%)
AED 394,400
Monthly over 25 years at 3.7%
AED 4,034

Plus AED 46,422 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →