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

1514, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 2 August 2026
Last soldAED 868K22 April 2014
Current rentAED 52K /yr2 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Prive by Damac Tower A

What is 1514 worth today?

Last sold for AED 867,650 in 2014

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2 Aug 2026RentedNew contract
AED 52,000/yr12 months · AED 140 per sqft
1 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 212 per sqft
16 Jan 2023RentedRenewal
AED 58,000/yr12 months · AED 156 per sqft
16 Jan 2022RentedNew contract
AED 52,000/yr12 months · AED 140 per sqft
14 Sep 2021RentedNew contract
AED 39,000/yr12 months · AED 105 per sqft
22 Apr 2014Sold by developerOff-plan
AED 867,650AED 2,329 per sqft

Source: Dubai Land Department. Updated 2 August 2026.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
15th of 32
Parking
B-221
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 868K · April 2014

About 1514, Prive by Damac Tower A

1514 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 22 April 2014 for AED 867,650, or AED 2,329 per sqft, in line with the AED 2,270 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 2 August 2026, is AED 52,000 a year: a gross yield of 6.0% on the 2014 price.

Sales and rents for 1514 over time

Sales
Unit 1514, 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, April 2014: AED 867,650 (AED 2,329 per sqft)

1514 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1514, 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, September 2021: AED 39,000 a yearNew contract, January 2022: AED 52,000 a yearRenewal, January 2023: AED 58,000 a yearRenewal, March 2026: AED 80,000 a yearNew contract, August 2026: AED 52,000 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 1514 sits

All 385 studios →

1514 last sold in April 2014 at AED 2,329 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,270). 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. 1514's AED 52,000 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
1504StudioAED 868K · Nov 2013
1505StudioAED 998K · Nov 2013
1506StudioAED 615K · Jan 2021
1507StudioAED 1.15M · Jan 2024
1–7 of 16

1514, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 22 April 2014 for AED 867,650, or AED 2,329 per sqft.
  • Rented since September 2021 on 5 Ejari contracts, from AED 39,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2014 price is 6.0%.
  • 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 2 August 2026.

Questions about 1514, Prive by Damac Tower A

What did unit 1514 last sell for?

AED 867,650 on 22 April 2014, 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 1514?

AED 52,000 a year on the contract signed on 2 August 2026. The previous contract, from March 2026, was AED 80,000; the unit has been rented since September 2021.

How big is unit 1514?

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

What is unit 1514 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 1514, Prive by Damac Tower A

Starts from the last sale price (AED 868K, 22 April 2014). 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 →