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1-bed · 947 sqftPrive by Damac Tower A, Business Bay · 10th floor · completed 2019

1017, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in December 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1017 · DLD and Ejari recordsUpdated 3 January 2023
Last soldAED 1.45M23 December 2022
Current rentAED 74K /yr3 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1017, Prive by Damac Tower A

What is 1017 worth today?

Last sold for AED 1,445,000 in 2022

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3 Jan 2023RentedRenewal
AED 74,000/yr12 months · AED 78 per sqft
23 Dec 2022SoldReady
AED 1,445,000AED 1,526 per sqft
3 Jan 2022RentedRenewal
AED 74,000/yr12 months · AED 78 per sqft
4 Jan 2021Sold by developerReady
AED 1,475,000AED 1,558 per sqft

Source: Dubai Land Department. Updated 3 January 2023.

Key facts

Type
1-bed apartment
Size
947 sqft
Floor
10th of 32
Parking
B-138
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.45M · December 2022
Building
Prive by Damac Tower A

About 1017, Prive by Damac Tower A

1017 is a one-bedroom apartment of 947 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 23 December 2022 for AED 1,445,000, or AED 1,526 per sqft, 17% below the AED 1,839 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 3 January 2023, is AED 74,000 a year: a gross yield of 5.1% on the 2022 price.

Sales and rents for 1017 over time

Sales
Unit 1017, each saleTypical one-bed in Prive by Damac Tower A
1.5M2M2013201720212025Typical sale price by year: 2013 AED 1,927,450; 2014 AED 2,045,925; 2017 AED 1,953,000; 2018 AED 1,942,980; 2019 AED 1,862,000; 2020 AED 1,536,530; 2021 AED 1,507,000; 2022 AED 1,590,000; 2023 AED 1,715,000; 2024 AED 1,725,000; 2025 AED 1,670,000; 2026 AED 1,572,500Sold by developer, January 2021: AED 1,475,000 (AED 1,558 per sqft)Sold, December 2022: AED 1,445,000 (AED 1,526 per sqft)

1017 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1017, each contractTypical one-bed in Prive by Damac Tower A
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 102,000Renewal, January 2022: AED 74,000 a yearRenewal, January 2023: AED 74,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower A, and where 1017 sits

All 95 1-beds →

1017 last sold in December 2022 at AED 1,526 per sqft, 17% below what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,839). Over the last 12 months one-beds sold for AED 1,385,000 to 1,750,000, around AED 1,762 per sqft, and rent for AED 75,000 to 140,000 a year. 1017's AED 74,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,445,000
16 Jul 202654,600
8 Jun 20261,385,000
11 Feb 20261,700,000
7 1-bed 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

1017, Prive by Damac Tower A in numbers

  • Sold twice: first on 4 January 2021 for AED 1,475,000, last on 23 December 2022 for AED 1,445,000 (AED 1,526 per sqft).
  • Rented since January 2022 on 2 Ejari contracts, at AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2022 price is 5.1%.
  • One-beds in Prive by Damac Tower A sold for AED 1,385,000–1,750,000 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 3 January 2023.

Questions about 1017, Prive by Damac Tower A

What did unit 1017 last sell for?

AED 1,445,000 on 23 December 2022: AED 1,526 per sqft for 947 sqft. The unit has 2 registered sales; the first was AED 1,475,000 in January 2021.

What is the rent for unit 1017?

AED 74,000 a year on the contract renewed on 3 January 2023. The previous contract, from January 2022, was AED 74,000.

How big is unit 1017?

947 sqft (88.0 sqm): a one-bedroom apartment on the 10th floor of a 32-storey tower completed in 2019.

What is unit 1017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower A sold for AED 1,385,000 to 1,750,000 in the last 12 months, around AED 1,762 per sqft.

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Mortgage on 1017, Prive by Damac Tower A

Starts from the last sale price (AED 1.45M, 23 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,445,000
Deposit, UAE resident (20%)
AED 289,000
Deposit, non-resident (40%)
AED 578,000
Monthly over 25 years at 3.7%
AED 5,912

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