Studio · 373 sqftPrive by Damac Tower B, Business Bay · 8th floor · completed 2019

804, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 927K26 March 2014
Current rentAED 66K /yr18 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Prive by Damac Tower B

What is 804 worth today?

Last sold for AED 927,303 in 2014

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18 Jan 2024RentedRenewal
AED 66,000/yr12 months · AED 175 per sqft
18 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
16 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 150 per sqft
26 Mar 2014Sold by developerOff-plan
AED 927,303AED 2,489 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2024.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
8th of 32
Parking
P2-70
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 927K · March 2014

About 804, Prive by Damac Tower B

804 is a studio of 373 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 26 March 2014 for AED 927,303, or AED 2,489 per sqft, 4% below the AED 2,585 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 18 January 2024, is AED 66,000 a year: a gross yield of 7.1% on the 2014 price.

Sales and rents for 804 over time

Sales
Unit 804, 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 927,303 (AED 2,489 per sqft)

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

Rents
Unit 804, 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, January 2022: AED 55,000 a yearNew contract, January 2023: AED 60,000 a yearRenewal, January 2024: AED 66,000 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 804 sits

All 388 studios →

804 last sold in March 2014 at AED 2,489 per sqft, 4% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,585). 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. 804's AED 66,000 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 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 8th floor

All 526 units in Prive by Damac Tower B
Value
8011-bedAED 1.38M · Oct 2023
802StudioAED 1.07M · Apr 2014
803StudioAED 1M · Feb 2024
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

804, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 26 March 2014 for AED 927,303, or AED 2,489 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 55,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2014 price is 7.1%.
  • 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 18 January 2024.

Questions about 804, Prive by Damac Tower B

What did unit 804 last sell for?

AED 927,303 on 26 March 2014, sold by the developer: AED 2,489 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 66,000 a year on the contract renewed on 18 January 2024. The previous contract, from January 2023, was AED 60,000; the unit has been rented since January 2022.

How big is unit 804?

373 sqft (34.7 sqm): a studio on the 8th floor of a 32-storey tower completed in 2019.

What is unit 804 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 804, Prive by Damac Tower B

Starts from the last sale price (AED 927K, 26 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 927,303
Deposit, UAE resident (20%)
AED 185,461
Deposit, non-resident (40%)
AED 370,921
Monthly over 25 years at 3.7%
AED 3,794

Plus AED 43,957 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →