1506, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Prive by Damac Tower A
What is 1506 worth today?
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Source: Dubai Land Department. Updated 17 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 15th of 32
- Parking
- B-213
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 615K · January 2021
- Building
- Prive by Damac Tower A
About 1506, Prive by Damac Tower A
1506 is a studio of 471 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 13 January 2021 for AED 615,000, or AED 1,304 per sqft, 18% below the AED 1,585 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 9 Ejari contracts. The current contract, signed on 17 July 2026, is AED 60,000 a year: a gross yield of 9.8% on the 2021 price.
Sales and rents for 1506 over time
1506 has sold twice; 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 1506 sits
All 385 studios →1506 last sold in January 2021 at AED 1,304 per sqft, 18% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,585). 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. 1506's AED 60,000 is in the lower half 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 | |
| 1503 | Studio | 402 sqft | AED 1.06MAED 1,060,000 · Dec 2024December 2024 | 108,000 /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 | ||
| 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 |
1506, Prive by Damac Tower A in numbers
- Sold twice: first on 5 November 2013 for AED 1,040,510, last on 13 January 2021 for AED 615,000 (AED 1,304 per sqft).
- Rented since April 2021 on 9 Ejari contracts, from AED 45,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2021 price is 9.8%.
- 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 17 July 2026.
Questions about 1506, Prive by Damac Tower A
What did unit 1506 last sell for?
AED 615,000 on 13 January 2021: AED 1,304 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,040,510 in November 2013.
What is the rent for unit 1506?
AED 60,000 a year on the contract signed on 17 July 2026. The previous contract, from July 2026, was AED 60,000; the unit has been rented since April 2021.
How big is unit 1506?
471 sqft (43.8 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.
What is unit 1506 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 1506, Prive by Damac Tower A
Starts from the last sale price (AED 615K, 13 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 615,000
- Deposit, UAE resident (20%)
- AED 123,000
- Deposit, non-resident (40%)
- AED 246,000
- Monthly over 25 years at 3.7%
- AED 2,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →