1603, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in July 2026, 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 1603, Prive by Damac Tower A
What is 1603 worth today?
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Source: Dubai Land Department. Updated 4 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 16th of 32
- Parking
- B-227
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 920K · July 2026
- Building
- Prive by Damac Tower A
About 1603, Prive by Damac Tower A
1603 is a studio of 402 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 4 July 2026 for AED 920,000, or AED 2,288 per sqft, 5% below the AED 2,403 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 10 April 2025, is AED 73,000 a year: a gross yield of 7.9% on the 2026 price.
Sales and rents for 1603 over time
1603 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 1603 sits
All 385 studios →1603 last sold in July 2026 at AED 2,288 per sqft, 5% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,403). 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. 1603's AED 73,000 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 | |
| 1602 | Studio | 419 sqft | AED 935KAED 934,650 · Mar 2014March 2014 | 82,400 /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 |
1603, Prive by Damac Tower A in numbers
- Sold twice: first on 20 March 2014 for AED 926,610, last on 4 July 2026 for AED 920,000 (AED 2,288 per sqft).
- Rented since June 2021 on 5 Ejari contracts, from AED 43,000 to AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2026 price is 7.9%.
- 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 4 July 2026.
Questions about 1603, Prive by Damac Tower A
What did unit 1603 last sell for?
AED 920,000 on 4 July 2026: AED 2,288 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 926,610 in March 2014.
What is the rent for unit 1603?
AED 73,000 a year on the contract signed on 10 April 2025. The previous contract, from April 2025, was AED 73,000; the unit has been rented since June 2021.
How big is unit 1603?
402 sqft (37.3 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.
What is unit 1603 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 1603, Prive by Damac Tower A
Starts from the last sale price (AED 920K, 4 July 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →