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Studio · 489 sqftPrive by Damac Tower A, Business Bay · 10th floor · completed 2019

1007, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 1.08M12 December 2013
Current rentAED 80K /yr26 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1007, Prive by Damac Tower A

What is 1007 worth today?

Last sold for AED 1,075,200 in 2013

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26 Jan 2024RentedNew contract
AED 80,000/yr12 months · AED 165 per sqft
15 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
12 Dec 2013Sold by developerOff-plan
AED 1,075,200AED 2,198 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
Studio hotel apartment
Size
489 sqft
Floor
10th of 32
Parking
B-129
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · December 2013
Building
Prive by Damac Tower A

About 1007, Prive by Damac Tower A

1007 is a studio of 489 sqft on the 10th floor of Prive by Damac Tower A, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. The developer sold it on 12 December 2013 for AED 1,075,200, or AED 2,198 per sqft, in line with the AED 2,251 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 26 January 2024, is AED 80,000 a year: a gross yield of 7.4% on the 2013 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Prive by Damac Tower A
600K800K1M2013201720212025Typical sale price by year: 2013 AED 913,210; 2014 AED 1,006,050; 2015 AED 917,915; 2016 AED 979,700; 2017 AED 1,080,000; 2018 AED 725,000; 2019 AED 877,800; 2020 AED 673,080; 2021 AED 723,000; 2022 AED 800,000; 2023 AED 950,000; 2024 AED 1,043,000; 2025 AED 1,050,000; 2026 AED 950,000Sold by developer, December 2013: AED 1,075,200 (AED 2,198 per sqft)

1007 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Prive by Damac Tower A
40K60K80K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 58,000; 2023 AED 66,500; 2024 AED 73,500; 2025 AED 75,000; 2026 AED 67,000New contract, January 2023: AED 65,000 a yearNew contract, January 2024: AED 80,000 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 A, and where 1007 sits

All 385 studios →

1007 last sold in December 2013 at AED 2,198 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,251). Over the last 12 months studios sold for AED 700,000 to 1,192,146, around AED 2,285 per sqft, and rent for AED 39,893 to 100,000 a year. 1007's AED 80,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Oct 2026900,000
23 Sep 2026910,000
27 Aug 20261,050,000
27 Aug 20261,192,146
30 studio sales in the last 12 months

Prive by Damac Tower A

Building

516 apartments, studios to 2-bed over 32 floors in Business Bay, completed in 2019 by Namaa Properties Development. 39 sold in the last 12 months.

Typical price per sqft
AED 2,200 Down 7.9%
Typical sale
AED 1.03M
Typical rent
AED 75K /yr
Typical yield
6.7%
Prive by Damac Tower A, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 516 units in Prive by Damac Tower A
Value
10011-bedAED 1.63M · Jun 2024
1002StudioAED 998K · Jul 2023
1003StudioAED 956K · Jul 2023
1004StudioAED 850K · Jan 2023
1005StudioAED 1.07M · Jun 2024
1006StudioAED 1.1M · Jul 2023
1008StudioAED 802K · Oct 2021
1–7 of 16

1007, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 12 December 2013 for AED 1,075,200, or AED 2,198 per sqft.
  • Rented since January 2023 on 2 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 7.4%.
  • Studios in Prive by Damac Tower A sold for AED 700,000–1,192,146 in the 12 months to November 2026; the building's median across all types is AED 2,200 per sqft.

Source: Dubai Land Department. Updated 26 January 2024.

Questions about 1007, Prive by Damac Tower A

What did unit 1007 last sell for?

AED 1,075,200 on 12 December 2013, sold by the developer: AED 2,198 per sqft for 489 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 80,000 a year on the contract signed on 26 January 2024. The previous contract, from January 2023, was AED 65,000.

How big is unit 1007?

489 sqft (45.4 sqm): a studio on the 10th floor of a 32-storey tower completed in 2019.

What is unit 1007 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 A sold for AED 700,000 to 1,192,146 in the last 12 months, around AED 2,285 per sqft.

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Mortgage on 1007, Prive by Damac Tower A

Starts from the last sale price (AED 1.08M, 12 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,200
Deposit, UAE resident (20%)
AED 215,040
Deposit, non-resident (40%)
AED 430,080
Monthly over 25 years at 3.7%
AED 4,399

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →