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1-bed · 896 sqftPrive by Damac Tower B, Business Bay · 7th floor · completed 2019

709, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 2.1M31 January 2017
Current rentAED 118K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Prive by Damac Tower B

What is 709 worth today?

Last sold for AED 2,100,000 in 2017

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15 Feb 2026RentedRenewal
AED 118,000/yr12 months · AED 132 per sqft
15 Feb 2025RentedRenewal
AED 118,000/yr12 months · AED 132 per sqft
15 Feb 2024RentedRenewal
AED 113,000/yr12 months · AED 126 per sqft
15 Feb 2023RentedNew contract
AED 110,000/yr12 months · AED 123 per sqft
31 Jan 2017Sold by developerOff-plan
AED 2,100,000AED 2,344 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 February 2026.

Key facts

Type
1-bed hotel apartment
Size
896 sqft
Floor
7th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.1M · January 2017
Building
Prive by Damac Tower B

About 709, Prive by Damac Tower B

709 is a one-bedroom hotel apartment of 896 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 31 January 2017 for AED 2,100,000, or AED 2,344 per sqft.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 118,000 a year: a gross yield of 5.6% on the 2017 price.

Sales and rents for 709 over time

Sales
Unit 709, 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, January 2017: AED 2,100,000 (AED 2,344 per sqft)

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

Rents
Unit 709, 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 125,000New contract, February 2023: AED 110,000 a yearRenewal, February 2024: AED 113,000 a yearRenewal, February 2025: AED 118,000 a yearRenewal, February 2026: AED 118,000 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 709 sits

All 86 1-beds →

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. 709's AED 118,000 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 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

709, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 31 January 2017 for AED 2,100,000, or AED 2,344 per sqft.
  • Rented since February 2023 on 4 Ejari contracts, from AED 110,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2017 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 15 February 2026.

Questions about 709, Prive by Damac Tower B

What did unit 709 last sell for?

AED 2,100,000 on 31 January 2017, sold by the developer: AED 2,344 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 118,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 118,000; the unit has been rented since February 2023.

How big is unit 709?

896 sqft (83.2 sqm): a one-bedroom hotel apartment on the 7th floor of a 32-storey tower completed in 2019.

What is unit 709 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 709, Prive by Damac Tower B

Starts from the last sale price (AED 2.1M, 31 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →