Studio · 438 sqftPrive by Damac Tower A, Business Bay · 16th floor · completed 2019

1608, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in December 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 28 December 2014
Last soldAED 1M28 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Prive by Damac Tower A

What is 1608 worth today?

Last sold for AED 1,002,320 in 2014

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28 Dec 2014Sold by developerOff-plan
AED 1,002,320AED 2,286 per sqft

Source: Dubai Land Department. Updated 28 December 2014.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
16th of 32
Parking
B-232
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1M · December 2014

About 1608, Prive by Damac Tower A

1608 is a studio of 438 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 28 December 2014 for AED 1,002,320, or AED 2,286 per sqft, 6% below the AED 2,425 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1608 over time

Sales
Unit 1608, 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, December 2014: AED 1,002,320 (AED 2,286 per sqft)

1608 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1608, 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 1608 sits

All 385 studios →

1608 last sold in December 2014 at AED 2,286 per sqft, 6% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,425). 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
1606StudioAED 1.13M · Aug 2023
1607StudioAED 1.01M · Dec 2014
1–7 of 16

1608, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 28 December 2014 for AED 1,002,320, or AED 2,286 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 28 December 2014.

Questions about 1608, Prive by Damac Tower A

What did unit 1608 last sell for?

AED 1,002,320 on 28 December 2014, sold by the developer: AED 2,286 per sqft for 438 sqft. It is the only registered sale of the unit.

How big is unit 1608?

438 sqft (40.7 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1608 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 1608, Prive by Damac Tower A

Starts from the last sale price (AED 1M, 28 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,002,320
Deposit, UAE resident (20%)
AED 200,464
Deposit, non-resident (40%)
AED 400,928
Monthly over 25 years at 3.7%
AED 4,101

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