1-bed · 957 sqftPrive by Damac Tower A, Business Bay · 20th floor · completed 2019

2001, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 1.62M11 September 2023
Current rentAED 75K /yr11 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Prive by Damac Tower A

What is 2001 worth today?

Last sold for AED 1,620,000 in 2023

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11 Sep 2023SoldReady
AED 1,620,000AED 1,692 per sqft
11 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
25 Aug 2022RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
25 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
16 May 2019Sold by developerOff-plan
AED 1,972,000AED 2,129 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
1-bed apartment
Size
957 sqft
Floor
20th of 32
Parking
B-291
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.62M · September 2023

About 2001, Prive by Damac Tower A

2001 is a one-bedroom apartment of 957 sqft on the 20th 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 11 September 2023 for AED 1,620,000, or AED 1,692 per sqft, 8% below the AED 1,841 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 11 September 2023, is AED 75,000 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical one-bed in Prive by Damac Tower A
1.5M1.75M2M2013201720212025Typical sale price by year: 2013 AED 1,927,450; 2014 AED 2,045,925; 2017 AED 1,953,000; 2018 AED 1,942,980; 2019 AED 1,862,000; 2020 AED 1,536,530; 2021 AED 1,507,000; 2022 AED 1,590,000; 2023 AED 1,715,000; 2024 AED 1,725,000; 2025 AED 1,670,000; 2026 AED 1,572,500Sold by developer, May 2019: AED 1,972,000 (AED 2,129 per sqft)Sold, September 2023: AED 1,620,000 (AED 1,692 per sqft)

2001 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2001, each contractTypical one-bed in Prive by Damac Tower A
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 102,000New contract, August 2021: AED 75,000 a yearRenewal, August 2022: AED 75,000 a yearNew contract, September 2023: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower A, and where 2001 sits

All 95 1-beds →

2001 last sold in September 2023 at AED 1,692 per sqft, 8% below what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,841). Over the last 12 months one-beds sold for AED 1,385,000 to 1,750,000, around AED 1,762 per sqft, and rent for AED 75,000 to 140,000 a year. 2001's AED 75,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,445,000
16 Jul 202654,600
8 Jun 20261,385,000
11 Feb 20261,700,000
7 1-bed 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 20th floor

All 516 units in Prive by Damac Tower A
Value
2002StudioAED 1.05M · Apr 2014
2003StudioAED 1.05M · Feb 2024
2004StudioAED 980K · Sep 2023
2005StudioAED 1M · May 2024
2006StudioAED 1.05M · Aug 2024
2007StudioAED 970K · Oct 2023
2008StudioAED 1.06M · Oct 2023
1–7 of 16

2001, Prive by Damac Tower A in numbers

  • Sold twice: first on 16 May 2019 for AED 1,972,000, last on 11 September 2023 for AED 1,620,000 (AED 1,692 per sqft).
  • Rented since August 2021 on 3 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 4.6%.
  • One-beds in Prive by Damac Tower A sold for AED 1,385,000–1,750,000 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 September 2023.

Questions about 2001, Prive by Damac Tower A

What did unit 2001 last sell for?

AED 1,620,000 on 11 September 2023: AED 1,692 per sqft for 957 sqft. The unit has 2 registered sales; the first was AED 1,972,000 in May 2019.

What is the rent for unit 2001?

AED 75,000 a year on the contract signed on 11 September 2023. The previous contract, from August 2022, was AED 75,000; the unit has been rented since August 2021.

How big is unit 2001?

957 sqft (88.9 sqm): a one-bedroom apartment on the 20th floor of a 32-storey tower completed in 2019.

What is unit 2001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower A sold for AED 1,385,000 to 1,750,000 in the last 12 months, around AED 1,762 per sqft.

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Mortgage on 2001, Prive by Damac Tower A

Starts from the last sale price (AED 1.62M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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