1-bed · 957 sqftPrive by Damac Tower A, Business Bay · 15th floor · completed 2019

1501, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 2.13M11 July 2023
Current rentAED 110K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Prive by Damac Tower A

What is 1501 worth today?

Last sold for AED 2,125,620 in 2023

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1 Mar 2026RentedRenewal
AED 110,000/yr12 months · AED 115 per sqft
1 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
1 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
1 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
11 Jul 2023SoldReady
AED 2,125,620AED 2,221 per sqft
5 Dec 2013Sold by developerOff-plan
AED 1,922,900AED 2,009 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
957 sqft
Floor
15th of 32
Parking
B-208
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.13M · July 2023

About 1501, Prive by Damac Tower A

1501 is a one-bedroom apartment of 957 sqft on the 15th 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 July 2023 for AED 2,125,620, or AED 2,221 per sqft, 21% above the AED 1,841 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 110,000 a year: a gross yield of 5.2% on the 2023 price.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical one-bed in Prive by Damac Tower A
1.5M2M2013201720212025Typical 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, December 2013: AED 1,922,900 (AED 2,009 per sqft)Sold, July 2023: AED 2,125,620 (AED 2,221 per sqft)

1501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, 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, March 2024: AED 120,000 a yearRenewal, March 2025: AED 120,000 a yearRenewal, March 2025: AED 120,000 a yearRenewal, March 2026: AED 110,000 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 1501 sits

All 95 1-beds →

1501 last sold in July 2023 at AED 2,221 per sqft, 21% above what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,841). 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. 1501's AED 110,000 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 15th floor

All 516 units in Prive by Damac Tower A
Value
1502StudioAED 1M · Jul 2023
1503StudioAED 1.06M · Dec 2024
1504StudioAED 868K · Nov 2013
1505StudioAED 998K · Nov 2013
1506StudioAED 615K · Jan 2021
1507StudioAED 1.15M · Jan 2024
1508StudioAED 1.06M · Aug 2024
1–7 of 16

1501, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 December 2013 for AED 1,922,900, last on 11 July 2023 for AED 2,125,620 (AED 2,221 per sqft).
  • Rented since March 2024 on 4 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.2%.
  • 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 March 2026.

Questions about 1501, Prive by Damac Tower A

What did unit 1501 last sell for?

AED 2,125,620 on 11 July 2023: AED 2,221 per sqft for 957 sqft. The unit has 2 registered sales; the first was AED 1,922,900 in December 2013.

What is the rent for unit 1501?

AED 110,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 120,000; the unit has been rented since March 2024.

How big is unit 1501?

957 sqft (88.9 sqm): a one-bedroom apartment on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1501 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 1501, Prive by Damac Tower A

Starts from the last sale price (AED 2.13M, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,620
Deposit, UAE resident (20%)
AED 425,124
Deposit, non-resident (40%)
AED 850,248
Monthly over 25 years at 3.7%
AED 8,697

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