1503, Prive by Damac Tower A
Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Prive by Damac Tower A
What is 1503 worth today?
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Source: Dubai Land Department. Updated 6 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 15th of 32
- Parking
- B-210
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.06M · December 2024
- Building
- Prive by Damac Tower A
About 1503, Prive by Damac Tower A
1503 is a studio of 402 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 6 December 2024 for AED 1,060,000, or AED 2,638 per sqft, 10% above the AED 2,394 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2024, is AED 108,000 a year: a gross yield of 10.2% on the 2024 price.
Sales and rents for 1503 over time
1503 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1503 sits
All 385 studios →1503 last sold in December 2024 at AED 2,638 per sqft, 10% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,394). 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. 1503's AED 108,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 471 sqft | 900,000 | 1,909 | ||
| 23 Sep 202623 September 2026 | 453 sqft | 910,000 | 2,009 | ||
| 27 Aug 202627 August 2026 | 443 sqft | 1,050,000 | 2,371 | ||
| 27 Aug 202627 August 2026 | 489 sqft | 1,192,146 | 2,437 |
Prive by Damac Tower A
Building516 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%
Other units on the 15th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 957 sqft | AED 2.13MAED 2,125,620 · Jul 2023July 2023 | 110,000 /yr | |
| 1502 | Studio | 419 sqft | AED 1MAED 1,004,000 · Jul 2023July 2023 | 70,000 /yr | |
| 1504 | Studio | 373 sqft | AED 868KAED 867,650 · Nov 2013November 2013 | 65,010 /yr | |
| 1505 | Studio | 431 sqft | AED 998KAED 998,300 · Nov 2013November 2013 | ||
| 1506 | Studio | 471 sqft | AED 615KAED 615,000 · Jan 2021January 2021 | 60,000 /yr | |
| 1507 | Studio | 489 sqft | AED 1.15MAED 1,146,600 · Jan 2024January 2024 | ||
| 1508 | Studio | 438 sqft | AED 1.06MAED 1,060,000 · Aug 2024August 2024 | 76,000 /yr | |
| 1509 | 1-bed | 982 sqft | AED 1.43MAED 1,430,000 · Jul 2022July 2022 | 140,000 /yr | |
| 1510 | 2-bed | 1,268 sqft | AED 1.85MAED 1,850,000 · Oct 2022October 2022 | 200,000 /yr | |
| 1511 | Studio | 491 sqft | AED 816KAED 816,104 · Jul 2023July 2023 | 65,000 /yr | |
| 1512 | Studio | 471 sqft | AED 1.13MAED 1,128,000 · Jan 2024January 2024 | ||
| 1513 | Studio | 432 sqft | AED 1.03MAED 1,031,000 · Jan 2024January 2024 | ||
| 1514 | Studio | 373 sqft | AED 868KAED 867,650 · Apr 2014April 2014 | 52,000 /yr | |
| 1515 | Studio | 396 sqft | AED 1.12MAED 1,120,000 · Feb 2025February 2025 | 84,000 /yr | |
| 1516 | Studio | 401 sqft | AED 725KAED 725,000 · Feb 2018February 2018 | 50,000 /yr | |
| 1517 | 1-bed | 947 sqft | AED 2.14MAED 2,144,000 · May 2024May 2024 | 100,000 /yr |
1503, Prive by Damac Tower A in numbers
- Sold 3 times: first on 5 December 2013 for AED 913,210, last on 6 December 2024 for AED 1,060,000 (AED 2,638 per sqft).
- Rented since December 2020 on 3 Ejari contracts, from AED 42,000 to AED 108,000 a year.
- At AED 108,000 a year the gross yield on the 2024 price is 10.2%.
- 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 December 2024.
Questions about 1503, Prive by Damac Tower A
What did unit 1503 last sell for?
AED 1,060,000 on 6 December 2024: AED 2,638 per sqft for 402 sqft. The unit has 3 registered sales; the first was AED 913,210 in December 2013.
What is the rent for unit 1503?
AED 108,000 a year on the contract signed on 1 March 2024. The previous contract, from December 2022, was AED 75,000; the unit has been rented since December 2020.
How big is unit 1503?
402 sqft (37.3 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.
What is unit 1503 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 1503, Prive by Damac Tower A
Starts from the last sale price (AED 1.06M, 6 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,060,000
- Deposit, UAE resident (20%)
- AED 212,000
- Deposit, non-resident (40%)
- AED 424,000
- Monthly over 25 years at 3.7%
- AED 4,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →