Home
Dubai prices
About
Research
Studio · 401 sqftPrive by Damac Tower A, Business Bay · 13th floor · completed 2019

1316, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1316 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 1.08M18 December 2024
Current rentAED 65K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1316

Property timeline for 1316, Prive by Damac Tower A

What is 1316 worth today?

Last sold for AED 1,080,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Oct 2026RentedNew contract
AED 65,000/yr12 months · AED 163 per sqft
11 Jun 2025RentedNew contract
AED 65,000/yr12 months · AED 163 per sqft
18 Dec 2024SoldReady
AED 1,080,000AED 2,695 per sqft
1 Oct 2024SoldReady
AED 900,000AED 2,246 per sqft
11 Jun 2024RentedNew contract
AED 65,000/yr12 months · AED 163 per sqft
27 May 2023RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
21 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
12 Nov 2021RentedRenewal
AED 42,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
13th of 32
Parking
B-186
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · December 2024
Building
Prive by Damac Tower A

About 1316, Prive by Damac Tower A

1316 is a studio of 401 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. It last sold on 18 December 2024 for AED 1,080,000, or AED 2,695 per sqft, 12% above the AED 2,402 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 12 October 2026, is AED 65,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 1316 over time

Sales
Unit 1316, 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 876,003 (AED 2,186 per sqft)Sold, October 2024: AED 900,000 (AED 2,246 per sqft)Sold, December 2024: AED 1,080,000 (AED 2,695 per sqft)

1316 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1316, 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, November 2020: AED 42,000 a yearRenewal, November 2021: AED 42,000 a yearNew contract, April 2022: AED 55,000 a yearNew contract, May 2023: AED 60,000 a yearNew contract, June 2024: AED 65,000 a yearNew contract, June 2025: AED 65,000 a yearNew contract, October 2026: AED 65,000 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 1316 sits

All 385 studios →

1316 last sold in December 2024 at AED 2,695 per sqft, 12% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,402). 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. 1316's AED 65,000 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 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

1316, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 15 December 2013 for AED 876,003, last on 18 December 2024 for AED 1,080,000 (AED 2,695 per sqft).
  • Rented since November 2020 on 7 Ejari contracts, from AED 42,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.0%.
  • 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 12 October 2026.

Questions about 1316, Prive by Damac Tower A

What did unit 1316 last sell for?

AED 1,080,000 on 18 December 2024: AED 2,695 per sqft for 401 sqft. The unit has 3 registered sales; the first was AED 876,003 in December 2013.

What is the rent for unit 1316?

AED 65,000 a year on the contract signed on 12 October 2026. The previous contract, from June 2025, was AED 65,000; the unit has been rented since November 2020.

How big is unit 1316?

401 sqft (37.3 sqm): a studio on the 13th floor of a 32-storey tower completed in 2019.

What is unit 1316 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.

Selling 1316? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1316, Prive by Damac Tower A

Starts from the last sale price (AED 1.08M, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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