Studio · 438 sqftPrive by Damac Tower A, Business Bay · 10th floor · completed 2019

1008, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 802K5 October 2021
Current rentAED 55K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Prive by Damac Tower A

What is 1008 worth today?

Last sold for AED 802,000 in 2021

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15 Aug 2026RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
25 Jun 2025RentedNew contract
AED 70,000/yr12 months · AED 160 per sqft
25 Jun 2025RentedNew contract
AED 70,000/yr12 months · AED 160 per sqft
5 Jun 2024RentedNew contract
AED 67,000/yr12 months · AED 152 per sqft
1 Mar 2023RentedRenewal
AED 65,187/yr12 months · AED 148 per sqft
1 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
5 Oct 2021Sold by developerReady
AED 802,000AED 1,829 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
10th of 32
Parking
B-130
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 802K · October 2021

About 1008, Prive by Damac Tower A

1008 is a studio of 438 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 5 October 2021 for AED 802,000, or AED 1,829 per sqft, 12% above the AED 1,635 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 15 August 2026, is AED 55,000 a year: a gross yield of 6.9% on the 2021 price.

Sales and rents for 1008 over time

Sales
Unit 1008, 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, October 2021: AED 802,000 (AED 1,829 per sqft)

1008 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, 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, March 2022: AED 65,000 a yearRenewal, March 2023: AED 65,187 a yearNew contract, June 2024: AED 67,000 a yearNew contract, June 2025: AED 70,000 a yearNew contract, June 2025: AED 70,000 a yearNew contract, August 2026: AED 55,000 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 1008 sits

All 385 studios →

1008 last sold in October 2021 at AED 1,829 per sqft, 12% above what studios in Prive by Damac Tower A were fetching at the time (AED 1,635). 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. 1008's AED 55,000 is in the lower 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
1007StudioAED 1.08M · Dec 2013
1–7 of 16

1008, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 5 October 2021 for AED 802,000, or AED 1,829 per sqft.
  • Rented since March 2022 on 6 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 6.9%.
  • 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 15 August 2026.

Questions about 1008, Prive by Damac Tower A

What did unit 1008 last sell for?

AED 802,000 on 5 October 2021, sold by the developer: AED 1,829 per sqft for 438 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 55,000 a year on the contract signed on 15 August 2026. The previous contract, from June 2025, was AED 70,000; the unit has been rented since March 2022.

How big is unit 1008?

438 sqft (40.7 sqm): a studio on the 10th floor of a 32-storey tower completed in 2019.

What is unit 1008 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 1008, Prive by Damac Tower A

Starts from the last sale price (AED 802K, 5 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 802,000
Deposit, UAE resident (20%)
AED 160,400
Deposit, non-resident (40%)
AED 320,800
Monthly over 25 years at 3.7%
AED 3,281

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