1016, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1016, Prive by Damac Tower A
What is 1016 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 10th of 32
- Parking
- B-137
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 956K · October 2023
- Building
- Prive by Damac Tower A
About 1016, Prive by Damac Tower A
1016 is a studio of 401 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. It last sold on 20 October 2023 for AED 956,000, or AED 2,383 per sqft, 6% above the AED 2,238 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 25 January 2026, is AED 71,000 a year: a gross yield of 7.4% on the 2023 price.
Sales and rents for 1016 over time
1016 has sold twice; the dashed line is the studio median of each year in the building.
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 1016 sits
All 385 studios →1016 last sold in October 2023 at AED 2,383 per sqft, 6% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,238). 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. 1016's AED 71,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 471 sqft | 900,000 | 1,909 | ||
| 23 Sep 202623 September 2026 | 453 sqft | 910,000 | 2,009 | ||
| 27 Aug 202627 August 2026 | 443 sqft | 1,050,000 | 2,371 | ||
| 27 Aug 202627 August 2026 | 489 sqft | 1,192,146 | 2,437 |
Prive by Damac Tower A
Building516 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%
Other units on the 10th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 976 sqft | AED 1.63MAED 1,625,000 · Jun 2024June 2024 | 120,000 /yr | |
| 1002 | Studio | 420 sqft | AED 998KAED 998,000 · Jul 2023July 2023 | 75,000 /yr | |
| 1003 | Studio | 402 sqft | AED 956KAED 956,000 · Jul 2023July 2023 | 87,000 /yr | |
| 1004 | Studio | 373 sqft | AED 850KAED 850,000 · Jan 2023January 2023 | ||
| 1005 | Studio | 431 sqft | AED 1.07MAED 1,065,000 · Jun 2024June 2024 | 80,000 /yr | |
| 1006 | Studio | 471 sqft | AED 1.1MAED 1,099,560 · Jul 2023July 2023 | 71,615 /yr | |
| 1007 | Studio | 489 sqft | AED 1.08MAED 1,075,200 · Dec 2013December 2013 | 80,000 /yr | |
| 1008 | Studio | 438 sqft | AED 802KAED 802,000 · Oct 2021October 2021 | 55,000 /yr | |
| 1009 | 1-bed | 955 sqft | AED 2.1MAED 2,102,460 · Oct 2014October 2014 | 100,000 /yr | |
| 1010 | 2-bed | 1,409 sqft | AED 2.6MAED 2,600,000 · Jul 2025July 2025 | 160,000 /yr | |
| 1011 | Studio | 491 sqft | AED 590KAED 590,000 · Nov 2020November 2020 | ||
| 1012 | Studio | 471 sqft | AED 1.03MAED 1,027,110 · Apr 2014April 2014 | 39,893 /yr | |
| 1013 | Studio | 432 sqft | AED 986KAED 986,240 · Dec 2013December 2013 | 78,500 /yr | |
| 1014 | Studio | 372 sqft | AED 780KAED 780,000 · Jul 2026July 2026 | 50,000 /yr | |
| 1015 | Studio | 397 sqft | AED 1.08MAED 1,075,000 · Mar 2026March 2026 | 81,000 /yr | |
| 1017 | 1-bed | 947 sqft | AED 1.45MAED 1,445,000 · Dec 2022December 2022 | 74,000 /yr |
1016, Prive by Damac Tower A in numbers
- Sold twice: first on 5 November 2013 for AED 910,530, last on 20 October 2023 for AED 956,000 (AED 2,383 per sqft).
- Rented since November 2024 on 3 Ejari contracts, from AED 90,000 to AED 71,000 a year.
- At AED 71,000 a year the gross yield on the 2023 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 25 January 2026.
Questions about 1016, Prive by Damac Tower A
What did unit 1016 last sell for?
AED 956,000 on 20 October 2023: AED 2,383 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 910,530 in November 2013.
What is the rent for unit 1016?
AED 71,000 a year on the contract signed on 25 January 2026. The previous contract, from January 2026, was AED 71,000; the unit has been rented since November 2024.
How big is unit 1016?
401 sqft (37.3 sqm): a studio on the 10th floor of a 32-storey tower completed in 2019.
What is unit 1016 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 1016, Prive by Damac Tower A
Starts from the last sale price (AED 956K, 20 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 956,000
- Deposit, UAE resident (20%)
- AED 191,200
- Deposit, non-resident (40%)
- AED 382,400
- Monthly over 25 years at 3.7%
- AED 3,911
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →