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1-bed · 976 sqftPrive by Damac Tower A, Business Bay · 11th floor · completed 2019

1101, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in June 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 1.95M24 June 2024
Current rentAED 114K /yr23 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1101, Prive by Damac Tower A

What is 1101 worth today?

Last sold for AED 1,946,621 in 2024

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24 Jun 2024SoldReady
AED 1,946,621AED 1,994 per sqft
23 Jan 2023RentedNew contract
AED 114,385/yr12 months · AED 117 per sqft
20 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
5 Dec 2013Sold by developerOff-plan
AED 1,902,130AED 1,948 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
1-bed apartment
Size
976 sqft
Floor
11th of 32
Parking
B-139
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.95M · June 2024
Building
Prive by Damac Tower A

About 1101, Prive by Damac Tower A

1101 is a one-bedroom apartment of 976 sqft on the 11th 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 24 June 2024 for AED 1,946,621, or AED 1,994 per sqft, 3% below the AED 2,059 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 23 January 2023, is AED 114,385 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical one-bed in Prive by Damac Tower A
1.5M1.75M2M2013201720212025Typical 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, December 2013: AED 1,902,130 (AED 1,948 per sqft)Sold, June 2024: AED 1,946,621 (AED 1,994 per sqft)

1101 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1101, 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 102,000New contract, November 2021: AED 90,000 a yearNew contract, January 2023: AED 114,385 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 1101 sits

All 95 1-beds →

1101 last sold in June 2024 at AED 1,994 per sqft, 3% below what one-beds in Prive by Damac Tower A were fetching at the time (AED 2,059). 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. 1101's AED 114,385 is in the upper half 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 11th floor

All 516 units in Prive by Damac Tower A
Value
1102StudioAED 815K · Jan 2023
1103StudioAED 950K · Aug 2023
1104StudioAED 368K · Dec 2022
1105StudioAED 910K · Apr 2023
1106StudioAED 695K · May 2021
1107StudioAED 1.14M · Feb 2024
1108StudioAED 1.05M · Aug 2024
1–7 of 16

1101, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 December 2013 for AED 1,902,130, last on 24 June 2024 for AED 1,946,621 (AED 1,994 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 90,000 to AED 114,385 a year.
  • At AED 114,385 a year the gross yield on the 2024 price is 5.9%.
  • 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 24 June 2024.

Questions about 1101, Prive by Damac Tower A

What did unit 1101 last sell for?

AED 1,946,621 on 24 June 2024: AED 1,994 per sqft for 976 sqft. The unit has 2 registered sales; the first was AED 1,902,130 in December 2013.

What is the rent for unit 1101?

AED 114,385 a year on the contract signed on 23 January 2023. The previous contract, from November 2021, was AED 90,000.

How big is unit 1101?

976 sqft (90.7 sqm): a one-bedroom apartment on the 11th floor of a 32-storey tower completed in 2019.

What is unit 1101 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 1101, Prive by Damac Tower A

Starts from the last sale price (AED 1.95M, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,946,621
Deposit, UAE resident (20%)
AED 389,324
Deposit, non-resident (40%)
AED 778,648
Monthly over 25 years at 3.7%
AED 7,964

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