Studio · 438 sqftPrive by Damac Tower A, Business Bay · 11th floor · completed 2019

1108, Prive by Damac Tower A

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

Unit 1108 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 1.05M14 August 2024
Current rentAED 47K /yr4 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Prive by Damac Tower A

What is 1108 worth today?

Last sold for AED 1,050,000 in 2024

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14 Aug 2024SoldReady
AED 1,050,000AED 2,394 per sqft
4 May 2023RentedRenewal
AED 47,300/yr12 months · AED 108 per sqft
4 May 2022RentedRenewal
AED 43,000/yr12 months · AED 98 per sqft
4 May 2021RentedNew contract
AED 43,000/yr12 months · AED 98 per sqft
2 Mar 2014Sold by developerOff-plan
AED 978,870AED 2,232 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
11th of 32
Parking
B-146
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.05M · August 2024

About 1108, Prive by Damac Tower A

1108 is a studio of 438 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 14 August 2024 for AED 1,050,000, or AED 2,394 per sqft, in line with the AED 2,389 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 May 2023, is AED 47,300 a year: a gross yield of 4.5% on the 2024 price.

Sales and rents for 1108 over time

Sales
Unit 1108, 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, March 2014: AED 978,870 (AED 2,232 per sqft)Sold, August 2024: AED 1,050,000 (AED 2,394 per sqft)

1108 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1108, 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, May 2021: AED 43,000 a yearRenewal, May 2022: AED 43,000 a yearRenewal, May 2023: AED 47,300 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 1108 sits

All 385 studios →

1108 last sold in August 2024 at AED 2,394 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,389). 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. 1108's AED 47,300 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 11th floor

All 516 units in Prive by Damac Tower A
Value
11011-bedAED 1.95M · Jun 2024
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
1–7 of 16

1108, Prive by Damac Tower A in numbers

  • Sold twice: first on 2 March 2014 for AED 978,870, last on 14 August 2024 for AED 1,050,000 (AED 2,394 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 43,000 to AED 47,300 a year.
  • At AED 47,300 a year the gross yield on the 2024 price is 4.5%.
  • 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 14 August 2024.

Questions about 1108, Prive by Damac Tower A

What did unit 1108 last sell for?

AED 1,050,000 on 14 August 2024: AED 2,394 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 978,870 in March 2014.

What is the rent for unit 1108?

AED 47,300 a year on the contract renewed on 4 May 2023. The previous contract, from May 2022, was AED 43,000; the unit has been rented since May 2021.

How big is unit 1108?

438 sqft (40.7 sqm): a studio on the 11th floor of a 32-storey tower completed in 2019.

What is unit 1108 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 1108, Prive by Damac Tower A

Starts from the last sale price (AED 1.05M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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