Studio · 401 sqftPrive by Damac Tower A, Business Bay · 14th floor · completed 2019

1416, Prive by Damac Tower A

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

Unit 1416 · DLD and Ejari recordsUpdated 6 October 2026
Last soldAED 900K3 October 2024
Current rentAED 65K /yr6 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1416, Prive by Damac Tower A

What is 1416 worth today?

Last sold for AED 900,000 in 2024

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6 Oct 2026RentedNew contract
AED 65,000/yr12 months · AED 162 per sqft
22 Sep 2025RentedNew contract
AED 74,000/yr12 months · AED 185 per sqft
3 Dec 2024RentedNew contract
AED 60,000/yr9 months · AED 151 per sqft
3 Oct 2024SoldReady
AED 900,000AED 2,246 per sqft
3 Dec 2023RentedRenewal
AED 50,000/yr12 months · AED 126 per sqft
3 Dec 2022RentedRenewal
AED 44,000/yr12 months · AED 110 per sqft
3 Dec 2021RentedRenewal
AED 40,000/yr12 months · AED 100 per sqft
3 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 6 October 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
14th of 32
Parking
B-206
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 900K · October 2024

About 1416, Prive by Damac Tower A

1416 is a studio of 401 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 3 October 2024 for AED 900,000, or AED 2,246 per sqft, 6% below the AED 2,387 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 6 October 2026, is AED 65,000 a year: a gross yield of 7.2% on the 2024 price.

Sales and rents for 1416 over time

Sales
Unit 1416, 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 878,013 (AED 2,191 per sqft)Sold, October 2024: AED 900,000 (AED 2,246 per sqft)

1416 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1416, 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, December 2020: AED 40,000 a yearRenewal, December 2021: AED 40,000 a yearRenewal, December 2022: AED 44,000 a yearRenewal, December 2023: AED 50,000 a yearNew contract, December 2024: AED 60,000 a yearNew contract, September 2025: AED 74,000 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 1416 sits

All 385 studios →

1416 last sold in October 2024 at AED 2,246 per sqft, 6% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,387). 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. 1416'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 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
1406StudioAED 900K · Oct 2023
1407StudioAED 1.17M · Sep 2023
1–7 of 16

1416, Prive by Damac Tower A in numbers

  • Sold twice: first on 15 December 2013 for AED 878,013, last on 3 October 2024 for AED 900,000 (AED 2,246 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 40,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.2%.
  • 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 6 October 2026.

Questions about 1416, Prive by Damac Tower A

What did unit 1416 last sell for?

AED 900,000 on 3 October 2024: AED 2,246 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 878,013 in December 2013.

What is the rent for unit 1416?

AED 65,000 a year on the contract signed on 6 October 2026. The previous contract, from September 2025, was AED 74,000; the unit has been rented since December 2020.

How big is unit 1416?

401 sqft (37.3 sqm): a studio on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1416 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 1416, Prive by Damac Tower A

Starts from the last sale price (AED 900K, 3 October 2024). 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 →