Studio · 432 sqftPrive by Damac Tower A, Business Bay · 16th floor · completed 2019

1613, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1613 · DLD and Ejari recordsUpdated 17 February 2026
Last soldAED 979K27 February 2014
Current rentAED 85K /yr17 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1613, Prive by Damac Tower A

What is 1613 worth today?

Last sold for AED 978,870 in 2014

Unlock today's estimate, updated daily, with

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

17 Feb 2026RentedRenewal
AED 85,000/yr12 months · AED 197 per sqft
17 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 197 per sqft
18 Feb 2024RentedRenewal
AED 72,000/yr12 months · AED 167 per sqft
18 Feb 2023RentedNew contract
AED 72,000/yr12 months · AED 167 per sqft
1 Aug 2022RentedNew contract
AED 66,000/yr6 months · AED 153 per sqft
20 Apr 2021RentedNew contract
AED 42,000/yr12 months · AED 98 per sqft
27 Feb 2014Sold by developerOff-plan
AED 978,870AED 2,267 per sqft

Source: Dubai Land Department. Updated 17 February 2026.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
16th of 32
Parking
B-236
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 979K · February 2014

About 1613, Prive by Damac Tower A

1613 is a studio of 432 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 27 February 2014 for AED 978,870, or AED 2,267 per sqft, in line with the AED 2,227 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 17 February 2026, is AED 85,000 a year: a gross yield of 8.7% on the 2014 price.

Sales and rents for 1613 over time

Sales
Unit 1613, 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, February 2014: AED 978,870 (AED 2,267 per sqft)

1613 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1613, 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 67,000New contract, April 2021: AED 42,000 a yearNew contract, August 2022: AED 66,000 a yearNew contract, February 2023: AED 72,000 a yearRenewal, February 2024: AED 72,000 a yearNew contract, February 2025: AED 85,000 a yearRenewal, February 2026: AED 85,000 a year

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 1613 sits

All 385 studios →

1613 last sold in February 2014 at AED 2,267 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,227). 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. 1613's AED 85,000 is in the upper half of that range.

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

1613, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 27 February 2014 for AED 978,870, or AED 2,267 per sqft.
  • Rented since April 2021 on 6 Ejari contracts, from AED 42,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2014 price is 8.7%.
  • 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 17 February 2026.

Questions about 1613, Prive by Damac Tower A

What did unit 1613 last sell for?

AED 978,870 on 27 February 2014, sold by the developer: AED 2,267 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 1613?

AED 85,000 a year on the contract renewed on 17 February 2026. The previous contract, from February 2025, was AED 85,000; the unit has been rented since April 2021.

How big is unit 1613?

432 sqft (40.1 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1613 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.

Selling 1613? 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 1613, Prive by Damac Tower A

Starts from the last sale price (AED 979K, 27 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 978,870
Deposit, UAE resident (20%)
AED 195,774
Deposit, non-resident (40%)
AED 391,548
Monthly over 25 years at 3.7%
AED 4,005

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