1-bed · 957 sqftPrive by Damac Tower A, Business Bay · 16th floor · completed 2019

1601, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 1.78M8 August 2023
Current rentAED 115K /yr11 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Prive by Damac Tower A

What is 1601 worth today?

Last sold for AED 1,780,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Apr 2025RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
11 Apr 2025RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
12 Feb 2024RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
8 Aug 2023SoldReady
AED 1,780,000AED 1,859 per sqft
1 May 2022RentedRenewal
AED 77,000/yr6 months · AED 80 per sqft
1 May 2021RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
27 Feb 2014Sold by developerOff-plan
AED 1,932,950AED 2,019 per sqft

Source: Dubai Land Department. Updated 11 April 2025.

Key facts

Type
1-bed apartment
Size
957 sqft
Floor
16th of 32
Parking
B-225
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.78M · August 2023

About 1601, Prive by Damac Tower A

1601 is a one-bedroom apartment of 957 sqft on the 16th 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 8 August 2023 for AED 1,780,000, or AED 1,859 per sqft, in line with the AED 1,859 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 11 April 2025, is AED 115,000 a year: a gross yield of 6.5% on the 2023 price.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Prive by Damac Tower A
1.5M1.75M2M2013201720212025Typical sale price by year: 2013 AED 1,927,450; 2014 AED 2,045,925; 2017 AED 1,953,000; 2018 AED 1,942,980; 2019 AED 1,862,000; 2020 AED 1,536,530; 2021 AED 1,507,000; 2022 AED 1,590,000; 2023 AED 1,715,000; 2024 AED 1,725,000; 2025 AED 1,670,000; 2026 AED 1,572,500Sold by developer, February 2014: AED 1,932,950 (AED 2,019 per sqft)Sold, August 2023: AED 1,780,000 (AED 1,859 per sqft)

1601 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, each contractTypical one-bed in Prive by Damac Tower A
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 102,000New contract, May 2021: AED 70,000 a yearRenewal, May 2022: AED 77,000 a yearNew contract, February 2024: AED 115,000 a yearNew contract, April 2025: AED 115,000 a yearNew contract, April 2025: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower A, and where 1601 sits

All 95 1-beds →

1601 last sold in August 2023 at AED 1,859 per sqft, in line with what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,859). Over the last 12 months one-beds sold for AED 1,385,000 to 1,750,000, around AED 1,762 per sqft, and rent for AED 75,000 to 140,000 a year. 1601's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,445,000
16 Jul 202654,600
8 Jun 20261,385,000
11 Feb 20261,700,000
7 1-bed 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 16th floor

All 516 units in Prive by Damac Tower A
Value
1602StudioAED 935K · Mar 2014
1603StudioAED 920K · Jul 2026
1604StudioAED 880K · Dec 2013
1605StudioAED 910K · Feb 2023
1606StudioAED 1.13M · Aug 2023
1607StudioAED 1.01M · Dec 2014
1608StudioAED 1M · Dec 2014
1–7 of 16

1601, Prive by Damac Tower A in numbers

  • Sold twice: first on 27 February 2014 for AED 1,932,950, last on 8 August 2023 for AED 1,780,000 (AED 1,859 per sqft).
  • Rented since May 2021 on 5 Ejari contracts, from AED 70,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 6.5%.
  • One-beds in Prive by Damac Tower A sold for AED 1,385,000–1,750,000 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 11 April 2025.

Questions about 1601, Prive by Damac Tower A

What did unit 1601 last sell for?

AED 1,780,000 on 8 August 2023: AED 1,859 per sqft for 957 sqft. The unit has 2 registered sales; the first was AED 1,932,950 in February 2014.

What is the rent for unit 1601?

AED 115,000 a year on the contract signed on 11 April 2025. The previous contract, from April 2025, was AED 115,000; the unit has been rented since May 2021.

How big is unit 1601?

957 sqft (88.9 sqm): a one-bedroom apartment on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower A sold for AED 1,385,000 to 1,750,000 in the last 12 months, around AED 1,762 per sqft.

Selling 1601? 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.

How OpenOffers works

Mortgage on 1601, Prive by Damac Tower A

Starts from the last sale price (AED 1.78M, 8 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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