Studio · 396 sqftPrive by Damac Tower A, Business Bay · 18th floor · completed 2019

1815, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in December 2013, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1815 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 866K18 December 2013
Current rentAED 55K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1815, Prive by Damac Tower A

What is 1815 worth today?

Last sold for AED 865,800 in 2013

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1 Oct 2021RentedNew contract
AED 55,000/yr12 months · AED 139 per sqft
18 Dec 2013Sold by developerOff-plan
AED 865,800AED 2,185 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
18th of 32
Parking
B-273
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 866K · December 2013

About 1815, Prive by Damac Tower A

1815 is a studio of 396 sqft on the 18th 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 18 December 2013 for AED 865,800, or AED 2,185 per sqft, in line with the AED 2,228 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2021. The current contract, signed on 1 October 2021, is AED 55,000 a year: a gross yield of 6.3% on the 2013 price.

Sales and rents for 1815 over time

Sales
Unit 1815, 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 865,800 (AED 2,185 per sqft)

1815 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1815, 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, October 2021: AED 55,000 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 1815 sits

All 385 studios →

1815 last sold in December 2013 at AED 2,185 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,228). 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. 1815's AED 55,000 is in the lower 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 18th floor

All 516 units in Prive by Damac Tower A
Value
18011-bedAED 1.88M · Dec 2013
1802StudioAED 1.01M · Feb 2024
1803StudioAED 866K · Dec 2013
1804StudioAED 798K · Dec 2013
1805StudioAED 940K · Dec 2013
1806StudioAED 940K · Dec 2013
1807StudioAED 868K · Dec 2013
1–7 of 16

1815, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 18 December 2013 for AED 865,800, or AED 2,185 per sqft.
  • Rented since October 2021 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2013 price is 6.3%.
  • 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 1 October 2021.

Questions about 1815, Prive by Damac Tower A

What did unit 1815 last sell for?

AED 865,800 on 18 December 2013, sold by the developer: AED 2,185 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 1815?

AED 55,000 a year on the contract signed on 1 October 2021.

How big is unit 1815?

396 sqft (36.8 sqm): a studio on the 18th floor of a 32-storey tower completed in 2019.

What is unit 1815 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 1815, Prive by Damac Tower A

Starts from the last sale price (AED 866K, 18 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 865,800
Deposit, UAE resident (20%)
AED 173,160
Deposit, non-resident (40%)
AED 346,320
Monthly over 25 years at 3.7%
AED 3,542

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