1707, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1707, Prive by Damac Tower A
What is 1707 worth today?
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Source: Dubai Land Department. Updated 4 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 489 sqft
- Floor
- 17th of 32
- Parking
- B-250
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 650K · December 2021
- Building
- Prive by Damac Tower A
About 1707, Prive by Damac Tower A
1707 is a studio of 489 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 26 December 2021 for AED 650,000, or AED 1,329 per sqft, 24% below the AED 1,744 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 4 February 2024, is AED 75,000 a year: a gross yield of 11.5% on the 2021 price.
Sales and rents for 1707 over time
1707 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 1707 sits
All 385 studios →1707 last sold in December 2021 at AED 1,329 per sqft, 24% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,744). 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. 1707's AED 75,000 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 17th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 957 sqft | AED 1.2MAED 1,200,000 · Dec 2021December 2021 | 110,769 /yr | |
| 1702 | Studio | 419 sqft | AED 650KAED 650,000 · Dec 2021December 2021 | 42,000 /yr | |
| 1703 | Studio | 402 sqft | AED 650KAED 650,000 · Dec 2021December 2021 | 70,000 /yr | |
| 1704 | Studio | 373 sqft | AED 650KAED 650,000 · Dec 2021December 2021 | 55,000 /yr | |
| 1705 | Studio | 431 sqft | AED 1.07MAED 1,070,000 · Jun 2024June 2024 | 70,000 /yr | |
| 1706 | Studio | 471 sqft | AED 690KAED 690,000 · Mar 2022March 2022 | 79,000 /yr | |
| 1708 | Studio | 438 sqft | AED 850KAED 850,000 · Dec 2022December 2022 | 50,000 /yr | |
| 1709 | 1-bed | 982 sqft | AED 420KAED 420,000 · Nov 2020November 2020 | 110,000 /yr | |
| 1710 | 2-bed | 1,381 sqft | AED 2.1MAED 2,100,000 · Oct 2026October 2026 | 140,000 /yr | |
| 1711 | Studio | 245 sqft | AED 358KAED 358,000 · Nov 2022November 2022 | 80,432 /yr | |
| 1712 | Studio | 470 sqft | AED 950KAED 950,000 · Jul 2026July 2026 | 45,000 /yr | |
| 1713 | Studio | 433 sqft | AED 700KAED 700,000 · Dec 2021December 2021 | 68,000 /yr | |
| 1714 | Studio | 373 sqft | AED 670KAED 670,000 · Feb 2022February 2022 | 98,000 /yr | |
| 1715 | Studio | 396 sqft | AED 810KAED 810,000 · May 2022May 2022 | 75,000 /yr | |
| 1716 | Studio | 401 sqft | AED 800KAED 800,000 · May 2022May 2022 | 75,000 /yr | |
| 1717 | 1-bed | 967 sqft | AED 1.26MAED 1,260,000 · Mar 2022March 2022 | 130,000 /yr |
1707, Prive by Damac Tower A in numbers
- Sold twice: first on 5 December 2013 for AED 890,000, last on 26 December 2021 for AED 650,000 (AED 1,329 per sqft).
- Rented since October 2020 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 42,000 in 2022 and recovered to AED 75,000 by February 2024.
- At AED 75,000 a year the gross yield on the 2021 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 4 February 2024.
Questions about 1707, Prive by Damac Tower A
What did unit 1707 last sell for?
AED 650,000 on 26 December 2021: AED 1,329 per sqft for 489 sqft. The unit has 2 registered sales; the first was AED 890,000 in December 2013.
What is the rent for unit 1707?
AED 75,000 a year on the contract renewed on 4 February 2024. The previous contract, from February 2023, was AED 75,000; the unit has been rented since October 2020.
How big is unit 1707?
489 sqft (45.4 sqm): a studio on the 17th floor of a 32-storey tower completed in 2019.
What is unit 1707 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 1707, Prive by Damac Tower A
Starts from the last sale price (AED 650K, 26 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →