Studio · 414 sqftPrive by Damac Tower B, Business Bay · 7th floor · completed 2019

715, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in December 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 1.07M20 December 2024
Current rentAED 85K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Prive by Damac Tower B

What is 715 worth today?

Last sold for AED 1,070,000 in 2024

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22 Jan 2025RentedNew contract
AED 85,000/yr12 months · AED 208 per sqft
20 Dec 2024SoldReady
AED 1,070,000AED 2,583 per sqft
14 May 2022RentedRenewal
AED 47,000/yr12 months · AED 115 per sqft
14 May 2021RentedNew contract
AED 43,000/yr12 months · AED 105 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,048,800AED 2,532 per sqft

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

Key facts

Type
Studio apartment
Size
414 sqft
Floor
7th of 32
Parking
P2-64
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.07M · December 2024

About 715, Prive by Damac Tower B

715 is a studio of 414 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. It last sold on 20 December 2024 for AED 1,070,000, or AED 2,583 per sqft, 9% above the AED 2,370 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 22 January 2025, is AED 85,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 715 over time

Sales
Unit 715, 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, March 2014: AED 1,048,800 (AED 2,532 per sqft)Sold, December 2024: AED 1,070,000 (AED 2,583 per sqft)

715 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 715, 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 80,000New contract, May 2021: AED 43,000 a yearRenewal, May 2022: AED 47,000 a yearNew contract, January 2025: AED 85,000 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 715 sits

All 388 studios →

715 last sold in December 2024 at AED 2,583 per sqft, 9% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,370). 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. 715's AED 85,000 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 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

715, Prive by Damac Tower B in numbers

  • Sold twice: first on 26 March 2014 for AED 1,048,800, last on 20 December 2024 for AED 1,070,000 (AED 2,583 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 43,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.9%.
  • 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 January 2025.

Questions about 715, Prive by Damac Tower B

What did unit 715 last sell for?

AED 1,070,000 on 20 December 2024: AED 2,583 per sqft for 414 sqft. The unit has 2 registered sales; the first was AED 1,048,800 in March 2014.

What is the rent for unit 715?

AED 85,000 a year on the contract signed on 22 January 2025. The previous contract, from May 2022, was AED 47,000; the unit has been rented since May 2021.

How big is unit 715?

414 sqft (38.5 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 715 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 715, Prive by Damac Tower B

Starts from the last sale price (AED 1.07M, 20 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

Plus AED 49,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →