1511, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1511, Prive by Damac Tower A
What is 1511 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 15th of 32
- Parking
- B-218
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 816K · July 2023
- Building
- Prive by Damac Tower A
About 1511, Prive by Damac Tower A
1511 is a studio of 491 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 26 July 2023 for AED 816,104, or AED 1,662 per sqft, 20% below the AED 2,076 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 28 September 2022, is AED 65,000 a year: a gross yield of 8.0% on the 2023 price.
Sales and rents for 1511 over time
1511 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 1511 sits
All 385 studios →1511 last sold in July 2023 at AED 1,662 per sqft, 20% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,076). 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. 1511's AED 65,000 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 | ||
| 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 | |
| 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 |
1511, Prive by Damac Tower A in numbers
- Sold twice: first on 5 November 2013 for AED 1,068,650, last on 26 July 2023 for AED 816,104 (AED 1,662 per sqft).
- Rented since September 2020 on 4 Ejari contracts, from AED 43,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 8.0%.
- 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 26 July 2023.
Questions about 1511, Prive by Damac Tower A
What did unit 1511 last sell for?
AED 816,104 on 26 July 2023: AED 1,662 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 1,068,650 in November 2013.
What is the rent for unit 1511?
AED 65,000 a year on the contract signed on 28 September 2022. The previous contract, from September 2022, was AED 65,000; the unit has been rented since September 2020.
How big is unit 1511?
491 sqft (45.6 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.
What is unit 1511 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.
Selling 1511? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1511, Prive by Damac Tower A
Starts from the last sale price (AED 816K, 26 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 816,104
- Deposit, UAE resident (20%)
- AED 163,221
- Deposit, non-resident (40%)
- AED 326,442
- Monthly over 25 years at 3.7%
- AED 3,339
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →