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Studio · 402 sqftPrive by Damac Tower A, Business Bay · 12th floor · completed 2019

1203, Prive by Damac Tower A

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

Unit 1203 · DLD and Ejari recordsUpdated 23 October 2025
Last soldAED 1.04M14 October 2024
Current rentAED 73K /yr23 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, Prive by Damac Tower A

What is 1203 worth today?

Last sold for AED 1,040,000 in 2024

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23 Oct 2025RentedNew contract
AED 72,857/yr14 months · AED 181 per sqft
14 Oct 2024SoldReady
AED 1,040,000AED 2,587 per sqft
12 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 201 per sqft
5 Dec 2023RentedNew contract
AED 71,000/yr12 months · AED 178 per sqft
21 Oct 2022RentedRenewal
AED 52,500/yr12 months · AED 131 per sqft
21 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
5 Dec 2013Sold by developerOff-plan
AED 906,000AED 2,254 per sqft

Source: Dubai Land Department. Updated 23 October 2025.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
12th of 32
Parking
B-158
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.04M · October 2024
Building
Prive by Damac Tower A

About 1203, Prive by Damac Tower A

1203 is a studio of 402 sqft on the 12th 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 October 2024 for AED 1,040,000, or AED 2,587 per sqft, 8% above the AED 2,393 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 23 October 2025, is AED 72,857 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, December 2013: AED 906,000 (AED 2,254 per sqft)Sold, October 2024: AED 1,040,000 (AED 2,587 per sqft)

1203 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1203, 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, October 2021: AED 50,000 a yearRenewal, October 2022: AED 52,500 a yearNew contract, December 2023: AED 71,000 a yearNew contract, October 2024: AED 80,000 a yearNew contract, October 2025: AED 72,857 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 1203 sits

All 385 studios →

1203 last sold in October 2024 at AED 2,587 per sqft, 8% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,393). 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. 1203's AED 72,857 is in the upper 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 12th floor

All 516 units in Prive by Damac Tower A
Value
1201StudioAED 840K · Mar 2022
1202StudioAED 980K · May 2024
1204StudioAED 980K · Feb 2025
1205StudioAED 700K · Jul 2026
1206StudioAED 750K · Jan 2025
1207StudioAED 1.17M · Sep 2023
1208StudioAED 1.05M · Feb 2024
1–7 of 18

1203, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 December 2013 for AED 906,000, last on 14 October 2024 for AED 1,040,000 (AED 2,587 per sqft).
  • Rented since October 2021 on 5 Ejari contracts, from AED 50,000 to AED 72,857 a year.
  • At AED 72,857 a year the gross yield on the 2024 price is 7.0%.
  • 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 23 October 2025.

Questions about 1203, Prive by Damac Tower A

What did unit 1203 last sell for?

AED 1,040,000 on 14 October 2024: AED 2,587 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 906,000 in December 2013.

What is the rent for unit 1203?

AED 72,857 a year on the contract signed on 23 October 2025. The previous contract, from October 2024, was AED 80,000; the unit has been rented since October 2021.

How big is unit 1203?

402 sqft (37.3 sqm): a studio on the 12th floor of a 32-storey tower completed in 2019.

What is unit 1203 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 1203, Prive by Damac Tower A

Starts from the last sale price (AED 1.04M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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