Studio · 471 sqftPrive by Damac Tower A, Business Bay · 14th floor · completed 2019

1406, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 16 August 2026
Last soldAED 900K11 October 2023
Current rentAED 70K /yr16 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Prive by Damac Tower A

What is 1406 worth today?

Last sold for AED 900,000 in 2023

Unlock today's estimate, updated daily, with

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

16 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
26 Feb 2025RentedNew contract
AED 76,000/yr12 months · AED 161 per sqft
26 Feb 2025RentedNew contract
AED 76,000/yr12 months · AED 161 per sqft
30 Nov 2024RentedNew contract
AED 32,516/yr5 months · AED 69 per sqft
1 Dec 2023RentedNew contract
AED 77,000/yr12 months · AED 163 per sqft
11 Oct 2023SoldReady
AED 900,000AED 1,909 per sqft
5 Nov 2013Sold by developerOff-plan
AED 1,037,830AED 2,201 per sqft

Source: Dubai Land Department. Updated 16 August 2026.

Key facts

Type
Studio hotel apartment
Size
471 sqft
Floor
14th of 32
Parking
B-196
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 900K · October 2023

About 1406, Prive by Damac Tower A

1406 is a studio of 471 sqft on the 14th 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 11 October 2023 for AED 900,000, or AED 1,909 per sqft, 14% below the AED 2,226 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 16 August 2026, is AED 70,000 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, November 2013: AED 1,037,830 (AED 2,201 per sqft)Sold, October 2023: AED 900,000 (AED 1,909 per sqft)

1406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, each contractTypical studio in Prive by Damac Tower A
25K50K75K2020202220242026Typical 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, December 2023: AED 77,000 a yearNew contract, November 2024: AED 32,516 a yearNew contract, February 2025: AED 76,000 a yearNew contract, February 2025: AED 76,000 a yearNew contract, August 2026: AED 70,000 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 1406 sits

All 385 studios →

1406 last sold in October 2023 at AED 1,909 per sqft, 14% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,226). 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. 1406's AED 70,000 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 14th floor

All 516 units in Prive by Damac Tower A
Value
14011-bedAED 1.73M · Nov 2023
1402StudioAED 712K · Mar 2023
1403StudioAED 1.03M · Nov 2024
1404StudioAED 620K · Nov 2019
1405StudioAED 900K · Oct 2023
1407StudioAED 1.17M · Sep 2023
1408StudioAED 673K · Sep 2020
1–7 of 16

1406, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 November 2013 for AED 1,037,830, last on 11 October 2023 for AED 900,000 (AED 1,909 per sqft).
  • Rented since December 2023 on 5 Ejari contracts. The rent fell from AED 77,000 to AED 32,516 in 2024 and recovered to AED 70,000 by August 2026.
  • At AED 70,000 a year the gross yield on the 2023 price is 7.8%.
  • 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 16 August 2026.

Questions about 1406, Prive by Damac Tower A

What did unit 1406 last sell for?

AED 900,000 on 11 October 2023: AED 1,909 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,037,830 in November 2013.

What is the rent for unit 1406?

AED 70,000 a year on the contract signed on 16 August 2026. The previous contract, from February 2025, was AED 76,000; the unit has been rented since December 2023.

How big is unit 1406?

471 sqft (43.8 sqm): a studio on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1406 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 1406? 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 1406, Prive by Damac Tower A

Starts from the last sale price (AED 900K, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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