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Studio · 420 sqftPrive by Damac Tower B, Business Bay · 9th floor · completed 2019

916, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 10 December 2022
Last soldAED 1.08M7 April 2014
Current rentAED 47K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 916, Prive by Damac Tower B

What is 916 worth today?

Last sold for AED 1,077,300 in 2014

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10 Dec 2022RentedRenewal
AED 47,300/yr12 months · AED 113 per sqft
10 Dec 2021RentedNew contract
AED 47,300/yr12 months · AED 113 per sqft
10 Dec 2020RentedNew contract
AED 43,000/yr12 months · AED 102 per sqft
7 Apr 2014Sold by developerOff-plan
AED 1,077,300AED 2,566 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2022.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
9th of 32
Parking
P2-100
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · April 2014
Building
Prive by Damac Tower B

About 916, Prive by Damac Tower B

916 is a studio of 420 sqft on the 9th 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 1,077,300, or AED 2,566 per sqft, in line with the AED 2,591 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 10 December 2022, is AED 47,300 a year: a gross yield of 4.4% on the 2014 price.

Sales and rents for 916 over time

Sales
Unit 916, 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 1,077,300 (AED 2,566 per sqft)

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

Rents
Unit 916, 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, December 2020: AED 43,000 a yearNew contract, December 2021: AED 47,300 a yearRenewal, December 2022: AED 47,300 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 916 sits

All 388 studios →

916 last sold in April 2014 at AED 2,566 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. 916's AED 47,300 is at the bottom 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 9th floor

All 526 units in Prive by Damac Tower B
Value
901StudioAED 960K · Aug 2024
902StudioAED 952K · Oct 2023
903StudioAED 1.09M · Jun 2014
904StudioAED 972K · Sep 2014
905StudioAED 1.12M · Apr 2014
906StudioAED 975K · May 2025
907StudioAED 950K · Feb 2023
1–7 of 18

916, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 7 April 2014 for AED 1,077,300, or AED 2,566 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 43,000 to AED 47,300 a year.
  • At AED 47,300 a year the gross yield on the 2014 price is 4.4%.
  • 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 10 December 2022.

Questions about 916, Prive by Damac Tower B

What did unit 916 last sell for?

AED 1,077,300 on 7 April 2014, sold by the developer: AED 2,566 per sqft for 420 sqft. It is the only registered sale of the unit.

What is the rent for unit 916?

AED 47,300 a year on the contract renewed on 10 December 2022. The previous contract, from December 2021, was AED 47,300; the unit has been rented since December 2020.

How big is unit 916?

420 sqft (39.0 sqm): a studio on the 9th floor of a 32-storey tower completed in 2019.

What is unit 916 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 916, Prive by Damac Tower B

Starts from the last sale price (AED 1.08M, 7 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,077,300
Deposit, UAE resident (20%)
AED 215,460
Deposit, non-resident (40%)
AED 430,920
Monthly over 25 years at 3.7%
AED 4,408

Plus AED 50,257 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →