1-bed · 887 sqftPrive by Damac Tower A, Business Bay · 1st floor · completed 2019

117, Prive by Damac Tower A

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

Unit 117 · DLD and Ejari recordsUpdated 25 February 2020
Last soldAED 1.5M25 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Prive by Damac Tower A

What is 117 worth today?

Last sold for AED 1,496,000 in 2020

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25 Feb 2020Sold by developerReady
AED 1,496,000AED 1,687 per sqft

Source: Dubai Land Department. Updated 25 February 2020.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
1st of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.5M · February 2020

About 117, Prive by Damac Tower A

117 is a one-bedroom apartment of 887 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 25 February 2020 for AED 1,496,000, or AED 1,687 per sqft, 21% below the AED 2,129 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 117 over time

Sales
Unit 117, 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, February 2020: AED 1,496,000 (AED 1,687 per sqft)

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

Rents
Unit 117, 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 117 sits

All 95 1-beds →

117 last sold in February 2020 at AED 1,687 per sqft, 21% below what one-beds in Prive by Damac Tower A were fetching at the time (AED 2,129). 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 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
114StudioAED 1.09M · Feb 2020
115StudioAED 1.14M · Nov 2019

117, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 25 February 2020 for AED 1,496,000, or AED 1,687 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 25 February 2020.

Questions about 117, Prive by Damac Tower A

What did unit 117 last sell for?

AED 1,496,000 on 25 February 2020, sold by the developer: AED 1,687 per sqft for 887 sqft. It is the only registered sale of the unit.

How big is unit 117?

887 sqft (82.4 sqm): a one-bedroom apartment on the 1st floor of a 32-storey tower completed in 2019.

What is unit 117 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 117, Prive by Damac Tower A

Starts from the last sale price (AED 1.5M, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,496,000
Deposit, UAE resident (20%)
AED 299,200
Deposit, non-resident (40%)
AED 598,400
Monthly over 25 years at 3.7%
AED 6,121

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