Studio · 401 sqftPrive by Damac Tower A, Business Bay · 19th floor · completed 2019

1916, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1916 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 750K30 May 2022
Current rentAED 80K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1916, Prive by Damac Tower A

What is 1916 worth today?

Last sold for AED 750,000 in 2022

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5 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 200 per sqft
25 May 2023RentedRenewal
AED 51,000/yr12 months · AED 127 per sqft
30 May 2022SoldReady
AED 750,000AED 1,872 per sqft
25 May 2022RentedRenewal
AED 48,400/yr12 months · AED 121 per sqft
25 May 2021RentedNew contract
AED 44,000/yr12 months · AED 110 per sqft
27 Dec 2014Sold by developerOff-plan
AED 1,019,350AED 2,544 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
19th of 32
Parking
B-290
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 750K · May 2022

About 1916, Prive by Damac Tower A

1916 is a studio of 401 sqft on the 19th 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 30 May 2022 for AED 750,000, or AED 1,872 per sqft, 4% above the AED 1,798 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 October 2024, is AED 80,000 a year: a gross yield of 10.7% on the 2022 price.

Sales and rents for 1916 over time

Sales
Unit 1916, 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 1,019,350 (AED 2,544 per sqft)Sold, May 2022: AED 750,000 (AED 1,872 per sqft)

1916 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1916, 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, May 2021: AED 44,000 a yearRenewal, May 2022: AED 48,400 a yearRenewal, May 2023: AED 51,000 a yearNew contract, October 2024: AED 80,000 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 1916 sits

All 385 studios →

1916 last sold in May 2022 at AED 1,872 per sqft, 4% above what studios in Prive by Damac Tower A were fetching at the time (AED 1,798). 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. 1916's AED 80,000 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 19th floor

All 516 units in Prive by Damac Tower A
Value
19011-bedAED 1.52M · Mar 2023
1902StudioAED 820K · Oct 2023
1903StudioAED 680K · Feb 2022
1904StudioAED 892K · Nov 2013
1905StudioAED 970K · Apr 2023
1906StudioAED 900K · Oct 2026
1907StudioAED 1.16M · Feb 2024
1–7 of 16

1916, Prive by Damac Tower A in numbers

  • Sold twice: first on 27 December 2014 for AED 1,019,350, last on 30 May 2022 for AED 750,000 (AED 1,872 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 44,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 10.7%.
  • 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 5 October 2024.

Questions about 1916, Prive by Damac Tower A

What did unit 1916 last sell for?

AED 750,000 on 30 May 2022: AED 1,872 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 1,019,350 in December 2014.

What is the rent for unit 1916?

AED 80,000 a year on the contract signed on 5 October 2024. The previous contract, from May 2023, was AED 51,000; the unit has been rented since May 2021.

How big is unit 1916?

401 sqft (37.3 sqm): a studio on the 19th floor of a 32-storey tower completed in 2019.

What is unit 1916 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 1916, Prive by Damac Tower A

Starts from the last sale price (AED 750K, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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