Studio · 373 sqftPrive by Damac Tower A, Business Bay · 15th floor · completed 2019

1504, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 868K5 November 2013
Current rentAED 65K /yr12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Prive by Damac Tower A

What is 1504 worth today?

Last sold for AED 867,650 in 2013

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12 May 2025RentedRenewal
AED 65,010/yr2 months · AED 175 per sqft
12 May 2024RentedRenewal
AED 65,000/yr12 months · AED 174 per sqft
12 May 2023RentedNew contract
AED 60,000/yr12 months · AED 161 per sqft
15 Jan 2022RentedRenewal
AED 44,000/yr12 months · AED 118 per sqft
15 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 107 per sqft
5 Nov 2013Sold by developerOff-plan
AED 867,650AED 2,329 per sqft

Source: Dubai Land Department. Updated 12 May 2025.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
15th of 32
Parking
B-211
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 868K · November 2013

About 1504, Prive by Damac Tower A

1504 is a studio of 373 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. The developer sold it on 5 November 2013 for AED 867,650, or AED 2,329 per sqft, 4% above the AED 2,243 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 12 May 2025, is AED 65,010 a year: a gross yield of 7.5% on the 2013 price.

Sales and rents for 1504 over time

Sales
Unit 1504, 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 867,650 (AED 2,329 per sqft)

1504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, 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, January 2021: AED 40,000 a yearRenewal, January 2022: AED 44,000 a yearNew contract, May 2023: AED 60,000 a yearRenewal, May 2024: AED 65,000 a yearRenewal, May 2025: AED 65,010 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 1504 sits

All 385 studios →

1504 last sold in November 2013 at AED 2,329 per sqft, 4% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,243). 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. 1504's AED 65,010 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 15th floor

All 516 units in Prive by Damac Tower A
Value
15011-bedAED 2.13M · Jul 2023
1502StudioAED 1M · Jul 2023
1503StudioAED 1.06M · Dec 2024
1505StudioAED 998K · Nov 2013
1506StudioAED 615K · Jan 2021
1507StudioAED 1.15M · Jan 2024
1508StudioAED 1.06M · Aug 2024
1–7 of 16

1504, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 5 November 2013 for AED 867,650, or AED 2,329 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 40,000 to AED 65,010 a year.
  • At AED 65,010 a year the gross yield on the 2013 price is 7.5%.
  • 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 May 2025.

Questions about 1504, Prive by Damac Tower A

What did unit 1504 last sell for?

AED 867,650 on 5 November 2013, sold by the developer: AED 2,329 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 65,010 a year on the contract renewed on 12 May 2025. The previous contract, from May 2024, was AED 65,000; the unit has been rented since January 2021.

How big is unit 1504?

373 sqft (34.7 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1504 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 1504, Prive by Damac Tower A

Starts from the last sale price (AED 868K, 5 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 867,650
Deposit, UAE resident (20%)
AED 173,530
Deposit, non-resident (40%)
AED 347,060
Monthly over 25 years at 3.7%
AED 3,550

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