Studio · 471 sqftPrive by Damac Tower A, Business Bay · 16th floor · completed 2019

1606, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 29 August 2023
Last soldAED 1.13M29 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Prive by Damac Tower A

What is 1606 worth today?

Last sold for AED 1,128,000 in 2023

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29 Aug 2023SoldReady
AED 1,128,000AED 2,393 per sqft
27 Feb 2014Sold by developerOff-plan
AED 1,056,590AED 2,241 per sqft

Source: Dubai Land Department. Updated 29 August 2023.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
16th of 32
Parking
B-230
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.13M · August 2023

About 1606, Prive by Damac Tower A

1606 is a studio of 471 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 29 August 2023 for AED 1,128,000, or AED 2,393 per sqft, 13% above the AED 2,113 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical studio in Prive by Damac Tower A
750K1M2013201720212025Typical 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, February 2014: AED 1,056,590 (AED 2,241 per sqft)Sold, August 2023: AED 1,128,000 (AED 2,393 per sqft)

1606 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, 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 67,000

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 1606 sits

All 385 studios →

1606 last sold in August 2023 at AED 2,393 per sqft, 13% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,113). 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.

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 16th floor

All 516 units in Prive by Damac Tower A
Value
16011-bedAED 1.78M · Aug 2023
1602StudioAED 935K · Mar 2014
1603StudioAED 920K · Jul 2026
1604StudioAED 880K · Dec 2013
1605StudioAED 910K · Feb 2023
1607StudioAED 1.01M · Dec 2014
1608StudioAED 1M · Dec 2014
1–7 of 16

1606, Prive by Damac Tower A in numbers

  • Sold twice: first on 27 February 2014 for AED 1,056,590, last on 29 August 2023 for AED 1,128,000 (AED 2,393 per sqft).
  • 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 29 August 2023.

Questions about 1606, Prive by Damac Tower A

What did unit 1606 last sell for?

AED 1,128,000 on 29 August 2023: AED 2,393 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,056,590 in February 2014.

How big is unit 1606?

471 sqft (43.8 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1606 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 1606, Prive by Damac Tower A

Starts from the last sale price (AED 1.13M, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,128,000
Deposit, UAE resident (20%)
AED 225,600
Deposit, non-resident (40%)
AED 451,200
Monthly over 25 years at 3.7%
AED 4,615

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