1602, Prive by Damac Tower A
Sold prices and rental history: sold once, by the developer in March 2014, 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 1602, Prive by Damac Tower A
What is 1602 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 419 sqft
- Floor
- 16th of 32
- Parking
- B-226
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 935K · March 2014
- Building
- Prive by Damac Tower A
About 1602, Prive by Damac Tower A
1602 is a studio of 419 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. The developer sold it on 20 March 2014 for AED 934,650, or AED 2,230 per sqft, in line with the AED 2,240 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 October 2024, is AED 82,400 a year: a gross yield of 8.8% on the 2014 price.
Sales and rents for 1602 over time
1602 has sold once; 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 1602 sits
All 385 studios →1602 last sold in March 2014 at AED 2,230 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,240). 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. 1602's AED 82,400 is in the upper 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 16th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 957 sqft | AED 1.78MAED 1,780,000 · Aug 2023August 2023 | 115,000 /yr | |
| 1603 | Studio | 402 sqft | AED 920KAED 920,000 · Jul 2026July 2026 | 73,000 /yr | |
| 1604 | Studio | 373 sqft | AED 880KAED 879,710 · Dec 2013December 2013 | 60,000 /yr | |
| 1605 | Studio | 431 sqft | AED 910KAED 910,000 · Feb 2023February 2023 | 75,000 /yr | |
| 1606 | Studio | 471 sqft | AED 1.13MAED 1,128,000 · Aug 2023August 2023 | ||
| 1607 | Studio | 489 sqft | AED 1.01MAED 1,012,370 · Dec 2014December 2014 | 55,000 /yr | |
| 1608 | Studio | 438 sqft | AED 1MAED 1,002,320 · Dec 2014December 2014 | ||
| 1609 | 1-bed | 982 sqft | AED 2.27MAED 2,270,730 · Mar 2014March 2014 | ||
| 1610 | 2-bed | 1,381 sqft | AED 3.03MAED 3,025,000 · Apr 2017April 2017 | 174,375 /yr | |
| 1611 | Studio | 491 sqft | AED 1.17MAED 1,174,000 · Feb 2025February 2025 | 80,000 /yr | |
| 1612 | Studio | 471 sqft | AED 1.06MAED 1,056,590 · Dec 2013December 2013 | 62,000 /yr | |
| 1613 | Studio | 432 sqft | AED 979KAED 978,870 · Feb 2014February 2014 | 85,000 /yr | |
| 1614 | Studio | 373 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 55,000 /yr | |
| 1615 | Studio | 396 sqft | AED 910KAED 910,000 · Dec 2022December 2022 | 60,000 /yr | |
| 1616 | Studio | 401 sqft | AED 1.02MAED 1,019,350 · Jun 2014June 2014 | 69,000 /yr | |
| 1617 | 1-bed | 967 sqft | AED 1.53MAED 1,530,000 · Feb 2025February 2025 | 105,000 /yr |
1602, Prive by Damac Tower A in numbers
- Sold once: by Namaa Properties Development on 20 March 2014 for AED 934,650, or AED 2,230 per sqft.
- Rented since June 2021 on 4 Ejari contracts, from AED 43,000 to AED 82,400 a year.
- At AED 82,400 a year the gross yield on the 2014 price is 8.8%.
- 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 1 October 2024.
Questions about 1602, Prive by Damac Tower A
What did unit 1602 last sell for?
AED 934,650 on 20 March 2014, sold by the developer: AED 2,230 per sqft for 419 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 82,400 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since June 2021.
How big is unit 1602?
419 sqft (38.9 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.
What is unit 1602 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 1602, Prive by Damac Tower A
Starts from the last sale price (AED 935K, 20 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 934,650
- Deposit, UAE resident (20%)
- AED 186,930
- Deposit, non-resident (40%)
- AED 373,860
- Monthly over 25 years at 3.7%
- AED 3,824
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →