1-bed · 982 sqftPrive by Damac Tower A, Business Bay · 13th floor · completed 2019

1309, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1.95M18 August 2022
Current rentAED 120K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Prive by Damac Tower A

What is 1309 worth today?

Last sold for AED 1,951,000 in 2022

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1 Feb 2023RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
18 Aug 2022Sold by developerReady
AED 1,951,000AED 1,986 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
13th of 32
Parking
B-179
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.95M · August 2022

About 1309, Prive by Damac Tower A

1309 is a one-bedroom apartment of 982 sqft on the 13th 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 August 2022 for AED 1,951,000, or AED 1,986 per sqft, 10% above the AED 1,803 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2023. The current contract, signed on 1 February 2023, is AED 120,000 a year: a gross yield of 6.2% on the 2022 price.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, August 2022: AED 1,951,000 (AED 1,986 per sqft)

1309 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1309, 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 102,000New contract, February 2023: AED 120,000 a year

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 1309 sits

All 95 1-beds →

1309 last sold in August 2022 at AED 1,986 per sqft, 10% above what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,803). 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. 1309's AED 120,000 is in the upper half of that range.

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 13th floor

All 516 units in Prive by Damac Tower A
Value
1301StudioAED 912K · Aug 2022
1302StudioAED 1.05M · Nov 2024
1303StudioAED 867K · Dec 2013
1304StudioAED 965K · Sep 2024
1305StudioAED 964K · Mar 2014
1306StudioAED 864K · Nov 2021
1307StudioAED 879K · Jan 2022
1–7 of 18

1309, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 18 August 2022 for AED 1,951,000, or AED 1,986 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 6.2%.
  • 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 1 February 2023.

Questions about 1309, Prive by Damac Tower A

What did unit 1309 last sell for?

AED 1,951,000 on 18 August 2022, sold by the developer: AED 1,986 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

AED 120,000 a year on the contract signed on 1 February 2023.

How big is unit 1309?

982 sqft (91.2 sqm): a one-bedroom apartment on the 13th floor of a 32-storey tower completed in 2019.

What is unit 1309 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 1309, Prive by Damac Tower A

Starts from the last sale price (AED 1.95M, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,951,000
Deposit, UAE resident (20%)
AED 390,200
Deposit, non-resident (40%)
AED 780,400
Monthly over 25 years at 3.7%
AED 7,982

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