Studio · 471 sqftPrive by Damac Tower A, Business Bay · 17th floor · completed 2019

1706, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 11 April 2026
Last soldAED 690K14 March 2022
Current rentAED 79K /yr11 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Prive by Damac Tower A

What is 1706 worth today?

Last sold for AED 690,000 in 2022

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11 Apr 2026RentedRenewal
AED 79,000/yr12 months · AED 168 per sqft
11 Oct 2025RentedRenewal
AED 78,000/yr6 months · AED 165 per sqft
11 Apr 2025RentedNew contract
AED 78,000/yr6 months · AED 165 per sqft
11 Apr 2025RentedNew contract
AED 78,000/yr6 months · AED 165 per sqft
26 Dec 2024RentedRenewal
AED 100,000/yr3 months · AED 211 per sqft
26 Dec 2023RentedRenewal
AED 78,000/yr12 months · AED 165 per sqft
26 Dec 2022RentedNew contract
AED 74,000/yr12 months · AED 156 per sqft
14 Mar 2022SoldReady
AED 690,000AED 1,463 per sqft

Source: Dubai Land Department. Updated 11 April 2026.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
17th of 32
Parking
B-247
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 690K · March 2022

About 1706, Prive by Damac Tower A

1706 is a studio of 471 sqft on the 17th 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 14 March 2022 for AED 690,000, or AED 1,463 per sqft, 18% below the AED 1,777 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 10 Ejari contracts. The current contract, renewed on 11 April 2026, is AED 79,000 a year: a gross yield of 11.5% on the 2022 price.

Sales and rents for 1706 over time

Sales
Unit 1706, 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 2013: AED 964,000 (AED 2,045 per sqft)Sold, March 2022: AED 690,000 (AED 1,463 per sqft)

1706 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1706, each contractTypical studio in Prive by Damac Tower A
50K100K2020202220242026Typical 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, October 2020: AED 62,000 a yearNew contract, December 2020: AED 42,000 a yearNew contract, December 2021: AED 46,200 a yearNew contract, December 2022: AED 74,000 a yearRenewal, December 2023: AED 78,000 a yearRenewal, December 2024: AED 100,000 a yearNew contract, April 2025: AED 78,000 a yearNew contract, April 2025: AED 78,000 a yearRenewal, October 2025: AED 78,000 a yearRenewal, April 2026: AED 79,000 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 1706 sits

All 385 studios →

1706 last sold in March 2022 at AED 1,463 per sqft, 18% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,777). 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. 1706's AED 79,000 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 17th floor

All 516 units in Prive by Damac Tower A
Value
17011-bedAED 1.2M · Dec 2021
1702StudioAED 650K · Dec 2021
1703StudioAED 650K · Dec 2021
1704StudioAED 650K · Dec 2021
1705StudioAED 1.07M · Jun 2024
1707StudioAED 650K · Dec 2021
1708StudioAED 850K · Dec 2022
1–7 of 16

1706, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 December 2013 for AED 964,000, last on 14 March 2022 for AED 690,000 (AED 1,463 per sqft).
  • Rented since October 2020 on 10 Ejari contracts. The rent fell from AED 62,000 to AED 42,000 in 2020 and recovered to AED 79,000 by April 2026.
  • At AED 79,000 a year the gross yield on the 2022 price is 11.5%.
  • 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 11 April 2026.

Questions about 1706, Prive by Damac Tower A

What did unit 1706 last sell for?

AED 690,000 on 14 March 2022: AED 1,463 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 964,000 in December 2013.

What is the rent for unit 1706?

AED 79,000 a year on the contract renewed on 11 April 2026. The previous contract, from October 2025, was AED 78,000; the unit has been rented since October 2020.

How big is unit 1706?

471 sqft (43.8 sqm): a studio on the 17th floor of a 32-storey tower completed in 2019.

What is unit 1706 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 1706, Prive by Damac Tower A

Starts from the last sale price (AED 690K, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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