1-bed · 947 sqftPrive by Damac Tower A, Business Bay · 11th floor · completed 2019

1117, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in May 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1117 · DLD and Ejari recordsUpdated 27 May 2020
Last soldAED 1.51M27 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1117, Prive by Damac Tower A

What is 1117 worth today?

Last sold for AED 1,508,000 in 2020

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27 May 2020Sold by developerReady
AED 1,508,000AED 1,592 per sqft

Source: Dubai Land Department. Updated 27 May 2020.

Key facts

Type
1-bed apartment
Size
947 sqft
Floor
11th of 32
Parking
B-154
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.51M · May 2020

About 1117, Prive by Damac Tower A

1117 is a one-bedroom apartment of 947 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 27 May 2020 for AED 1,508,000, or AED 1,592 per sqft, 7% below the AED 1,709 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1117 over time

Sales
Unit 1117, 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, May 2020: AED 1,508,000 (AED 1,592 per sqft)

1117 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1117, 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 102,000

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 1117 sits

All 95 1-beds →

1117 last sold in May 2020 at AED 1,592 per sqft, 7% below what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,709). 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.

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
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

1117, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 27 May 2020 for AED 1,508,000, or AED 1,592 per sqft.
  • 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 27 May 2020.

Questions about 1117, Prive by Damac Tower A

What did unit 1117 last sell for?

AED 1,508,000 on 27 May 2020, sold by the developer: AED 1,592 per sqft for 947 sqft. It is the only registered sale of the unit.

How big is unit 1117?

947 sqft (88.0 sqm): a one-bedroom apartment on the 11th floor of a 32-storey tower completed in 2019.

What is unit 1117 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 1117, Prive by Damac Tower A

Starts from the last sale price (AED 1.51M, 27 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,508,000
Deposit, UAE resident (20%)
AED 301,600
Deposit, non-resident (40%)
AED 603,200
Monthly over 25 years at 3.7%
AED 6,170

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