2-bed · 1,342 sqftPrive by Damac Tower B, Business Bay · 7th floor · completed 2019

708, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 14 February 2023
Last soldAED 2.5M14 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Prive by Damac Tower B

What is 708 worth today?

Last sold for AED 2,499,690 in 2023

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14 Feb 2023Sold by developerReady
AED 2,499,690AED 1,863 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 February 2023.

Key facts

Type
2-bed apartment
Size
1,342 sqft
Floor
7th of 32
Parking
P2-81, P2-81A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.5M · February 2023

About 708, Prive by Damac Tower B

708 is a two-bedroom apartment of 1,342 sqft on the 7th 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 14 February 2023 for AED 2,499,690, or AED 1,863 per sqft, 5% above the AED 1,772 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Prive by Damac Tower B
2M3M20142017202020232026Typical sale price by year: 2014 AED 3,616,425; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,995,500; 2020 AED 2,487,000; 2021 AED 2,549,000; 2022 AED 2,144,150; 2023 AED 2,695,000; 2024 AED 2,542,560; 2025 AED 2,150,000Sold by developer, February 2023: AED 2,499,690 (AED 1,863 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 155,000; 2026 AED 165,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Prive by Damac Tower B, and where 708 sits

All 34 2-beds →

708 last sold in February 2023 at AED 1,863 per sqft, 5% above what two-beds in Prive by Damac Tower B were fetching at the time (AED 1,772). Over the last 12 months two-beds sold for AED 2,500,000, around AED 1,774 per sqft, and rent for AED 145,000 to 180,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20262,500,000
1 Jul 20252,100,000
24 Jun 20252,150,000
9 Jan 20252,843,938
1 2-bed sale 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 7th floor

All 526 units in Prive by Damac Tower B
Value
7011-bedAED 1.23M · Nov 2020
702StudioAED 578K · Aug 2018
703StudioAED 1.05M · Jun 2014
704StudioAED 920K · Nov 2024
705StudioAED 1.12M · Jun 2014
706StudioAED 1.02M · Jan 2024
707StudioAED 1M · Feb 2024
1–7 of 16

708, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 14 February 2023 for AED 2,499,690, or AED 1,863 per sqft.
  • Two-beds in Prive by Damac Tower B sold for AED 2,500,000–2,500,000 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 14 February 2023.

Questions about 708, Prive by Damac Tower B

What did unit 708 last sell for?

AED 2,499,690 on 14 February 2023, sold by the developer: AED 1,863 per sqft for 1,342 sqft. It is the only registered sale of the unit.

How big is unit 708?

1,342 sqft (124.7 sqm): a two-bedroom apartment on the 7th floor of a 32-storey tower completed in 2019.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,774 per sqft.

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Mortgage on 708, Prive by Damac Tower B

Starts from the last sale price (AED 2.5M, 14 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,499,690
Deposit, UAE resident (20%)
AED 499,938
Deposit, non-resident (40%)
AED 999,876
Monthly over 25 years at 3.7%
AED 10,227

Plus AED 109,997 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →