Studio · 408 sqftPrive by Damac Tower B, Business Bay · 8th floor · completed 2019

802, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 1.07M7 April 2014
Current rentAED 63K /yr11 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Prive by Damac Tower B

What is 802 worth today?

Last sold for AED 1,070,650 in 2014

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11 Dec 2024RentedRenewal
AED 63,175/yr12 months · AED 154 per sqft
11 Dec 2023RentedRenewal
AED 60,000/yr12 months · AED 147 per sqft
11 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
22 Jun 2021RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
7 Apr 2014Sold by developerOff-plan
AED 1,070,650AED 2,623 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 December 2024.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
8th of 32
Parking
P2-68
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.07M · April 2014

About 802, Prive by Damac Tower B

802 is a studio of 408 sqft on the 8th 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 7 April 2014 for AED 1,070,650, or AED 2,623 per sqft, in line with the AED 2,591 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 11 December 2024, is AED 63,175 a year: a gross yield of 5.9% on the 2014 price.

Sales and rents for 802 over time

Sales
Unit 802, 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, April 2014: AED 1,070,650 (AED 2,623 per sqft)

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

Rents
Unit 802, 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, June 2021: AED 45,000 a yearNew contract, December 2021: AED 50,000 a yearRenewal, December 2023: AED 60,000 a yearRenewal, December 2024: AED 63,175 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 802 sits

All 388 studios →

802 last sold in April 2014 at AED 2,623 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,591). 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. 802's AED 63,175 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 8th floor

All 526 units in Prive by Damac Tower B
Value
8011-bedAED 1.38M · Oct 2023
803StudioAED 1M · Feb 2024
804StudioAED 927K · Mar 2014
805StudioAED 1.07M · Mar 2014
806AED 1.07M · Sep 2025
807StudioAED 1.12M · Apr 2014
8082-bedAED 2.4M · Jul 2024
1–7 of 16

802, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 7 April 2014 for AED 1,070,650, or AED 2,623 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 45,000 to AED 63,175 a year.
  • At AED 63,175 a year the gross yield on the 2014 price is 5.9%.
  • 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 11 December 2024.

Questions about 802, Prive by Damac Tower B

What did unit 802 last sell for?

AED 1,070,650 on 7 April 2014, sold by the developer: AED 2,623 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 63,175 a year on the contract renewed on 11 December 2024. The previous contract, from December 2023, was AED 60,000; the unit has been rented since June 2021.

How big is unit 802?

408 sqft (37.9 sqm): a studio on the 8th floor of a 32-storey tower completed in 2019.

What is unit 802 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 802, Prive by Damac Tower B

Starts from the last sale price (AED 1.07M, 7 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,650
Deposit, UAE resident (20%)
AED 214,130
Deposit, non-resident (40%)
AED 428,260
Monthly over 25 years at 3.7%
AED 4,380

Plus AED 49,977 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →