Studio · 431 sqftPrive by Damac Tower A, Business Bay · 15th floor · completed 2019

1505, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in November 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 5 November 2013
Last soldAED 998K5 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Prive by Damac Tower A

What is 1505 worth today?

Last sold for AED 998,300 in 2013

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5 Nov 2013Sold by developerOff-plan
AED 998,300AED 2,315 per sqft

Source: Dubai Land Department. Updated 5 November 2013.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
15th of 32
Parking
B-212
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 998K · November 2013

About 1505, Prive by Damac Tower A

1505 is a studio of 431 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 998,300, or AED 2,315 per sqft, 3% above the AED 2,243 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 998,300 (AED 2,315 per sqft)

1505 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1505, 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 67,000

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 1505 sits

All 385 studios →

1505 last sold in November 2013 at AED 2,315 per sqft, 3% 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.

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
1504StudioAED 868K · Nov 2013
1506StudioAED 615K · Jan 2021
1507StudioAED 1.15M · Jan 2024
1508StudioAED 1.06M · Aug 2024
1–7 of 16

1505, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 5 November 2013 for AED 998,300, or AED 2,315 per sqft.
  • 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 5 November 2013.

Questions about 1505, Prive by Damac Tower A

What did unit 1505 last sell for?

AED 998,300 on 5 November 2013, sold by the developer: AED 2,315 per sqft for 431 sqft. It is the only registered sale of the unit.

How big is unit 1505?

431 sqft (40.0 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1505 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 1505, Prive by Damac Tower A

Starts from the last sale price (AED 998K, 5 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 998,300
Deposit, UAE resident (20%)
AED 199,660
Deposit, non-resident (40%)
AED 399,320
Monthly over 25 years at 3.7%
AED 4,084

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