
1116, Prive by Damac Tower A
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1116, Prive by Damac Tower A
What is 1116 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 11th of 32
- Parking
- B-153
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 871K · December 2013
- Building
- Prive by Damac Tower A
About 1116, Prive by Damac Tower A
1116 is a studio of 401 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. The developer sold it on 15 December 2013 for AED 871,313, or AED 2,172 per sqft, in line with the AED 2,235 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 15 October 2026, is AED 60,000 a year: a gross yield of 6.9% on the 2013 price.
Sales and rents for 1116 over time
1116 has sold once; 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 1116 sits
All 385 studios →1116 last sold in December 2013 at AED 2,172 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,235). 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. 1116's AED 60,000 is in the lower 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 11th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 976 sqft | AED 1.95MAED 1,946,621 · Jun 2024June 2024 | 114,385 /yr | |
| 1102 | Studio | 420 sqft | AED 815KAED 815,360 · Jan 2023January 2023 | 79,786 /yr | |
| 1103 | Studio | 402 sqft | AED 950KAED 950,000 · Aug 2023August 2023 | 62,000 /yr | |
| 1104 | Studio | 186 sqft | AED 368KAED 367,500 · Dec 2022December 2022 | 79,778 /yr | |
| 1105 | Studio | 431 sqft | AED 910KAED 910,000 · Apr 2023April 2023 | 65,000 /yr | |
| 1106 | Studio | 471 sqft | AED 695KAED 695,000 · May 2021May 2021 | ||
| 1107 | Studio | 489 sqft | AED 1.14MAED 1,142,680 · Feb 2024February 2024 | 70,000 /yr | |
| 1108 | Studio | 438 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 47,300 /yr | |
| 1109 | 1-bed | 955 sqft | AED 55KAED 54,600 · Jul 2026July 2026 | 120,000 /yr | |
| 1110 | 2-bed | 1,409 sqft | AED 3.24MAED 3,240,194 · Nov 2023November 2023 | 165,000 /yr | |
| 1111 | Studio | 491 sqft | AED 1.17MAED 1,168,000 · Jan 2024January 2024 | ||
| 1112 | Studio | 471 sqft | AED 999KAED 999,050 · Dec 2013December 2013 | ||
| 1113 | Studio | 432 sqft | AED 950KAED 950,000 · Jun 2026June 2026 | ||
| 1114 | Studio | 372 sqft | AED 995KAED 995,000 · Oct 2025October 2025 | 60,000 /yr | |
| 1115 | Studio | 397 sqft | AED 905KAED 904,500 · Dec 2013December 2013 | 60,000 /yr | |
| 1117 | 1-bed | 947 sqft | AED 1.51MAED 1,508,000 · May 2020May 2020 |
1116, Prive by Damac Tower A in numbers
- Sold once: by Namaa Properties Development on 15 December 2013 for AED 871,313, or AED 2,172 per sqft.
- Rented since November 2020 on 8 Ejari contracts, from AED 42,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2013 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 October 2026.
Questions about 1116, Prive by Damac Tower A
What did unit 1116 last sell for?
AED 871,313 on 15 December 2013, sold by the developer: AED 2,172 per sqft for 401 sqft. It is the only registered sale of the unit.
What is the rent for unit 1116?
AED 60,000 a year on the contract signed on 15 October 2026. The previous contract, from February 2026, was AED 85,000; the unit has been rented since November 2020.
How big is unit 1116?
401 sqft (37.3 sqm): a studio on the 11th floor of a 32-storey tower completed in 2019.
What is unit 1116 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 1116, Prive by Damac Tower A
Starts from the last sale price (AED 871K, 15 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 871,313
- Deposit, UAE resident (20%)
- AED 174,263
- Deposit, non-resident (40%)
- AED 348,525
- Monthly over 25 years at 3.7%
- AED 3,565
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →