Studio · 476 sqftPrive by Damac Tower A, Business Bay · 1st floor · completed 2019

114, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from February 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 7 February 2021
Last soldAED 1.09M18 February 2020
Current rentAED 40K /yr7 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Prive by Damac Tower A

What is 114 worth today?

Last sold for AED 1,088,000 in 2020

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7 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
18 Feb 2020Sold by developerReady
AED 1,088,000AED 2,284 per sqft

Source: Dubai Land Department. Updated 7 February 2021.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
1st of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.09M · February 2020

About 114, Prive by Damac Tower A

114 is a studio of 476 sqft on the 1st 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 18 February 2020 for AED 1,088,000, or AED 2,284 per sqft, in line with the AED 2,263 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 February 2021. The current contract, signed on 7 February 2021, is AED 40,000 a year: a gross yield of 3.7% on the 2020 price.

Sales and rents for 114 over time

Sales
Unit 114, 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, February 2020: AED 1,088,000 (AED 2,284 per sqft)

114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 114, 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, February 2021: AED 40,000 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 114 sits

All 385 studios →

114 last sold in February 2020 at AED 2,284 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,263). 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. 114's AED 40,000 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 1st floor

All 516 units in Prive by Damac Tower A
Value
111StudioAED 1.24M · Feb 2022
112StudioAED 1.28M · Oct 2023
113StudioAED 1.19M · Jun 2024
115StudioAED 1.14M · Nov 2019
1171-bedAED 1.5M · Feb 2020

114, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 18 February 2020 for AED 1,088,000, or AED 2,284 per sqft.
  • Rented since February 2021 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 3.7%.
  • 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 7 February 2021.

Questions about 114, Prive by Damac Tower A

What did unit 114 last sell for?

AED 1,088,000 on 18 February 2020, sold by the developer: AED 2,284 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 40,000 a year on the contract signed on 7 February 2021.

How big is unit 114?

476 sqft (44.2 sqm): a studio on the 1st floor of a 32-storey tower completed in 2019.

What is unit 114 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 114, Prive by Damac Tower A

Starts from the last sale price (AED 1.09M, 18 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,088,000
Deposit, UAE resident (20%)
AED 217,600
Deposit, non-resident (40%)
AED 435,200
Monthly over 25 years at 3.7%
AED 4,451

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