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Studio · 373 sqftPrive by Damac Tower A, Business Bay · 20th floor · completed 2019

2004, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in September 2023, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 980K20 September 2023
Current rentAED 62K /yr14 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2004, Prive by Damac Tower A

What is 2004 worth today?

Last sold for AED 980,000 in 2023

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20 Sep 2023SoldReady
AED 980,000AED 2,630 per sqft
9 Aug 2023SoldReady
AED 870,000AED 2,335 per sqft
14 Oct 2020RentedNew contract
AED 62,000/yr12 months · AED 166 per sqft
12 Mar 2014Sold by developerOff-plan
AED 919,600AED 2,468 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
20th of 32
Parking
B-294
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 980K · September 2023
Building
Prive by Damac Tower A

About 2004, Prive by Damac Tower A

2004 is a studio of 373 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 20 September 2023 for AED 980,000, or AED 2,630 per sqft, 20% above the AED 2,187 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 October 2020. The current contract, signed on 14 October 2020, is AED 62,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, March 2014: AED 919,600 (AED 2,468 per sqft)Sold, August 2023: AED 870,000 (AED 2,335 per sqft)Sold, September 2023: AED 980,000 (AED 2,630 per sqft)

2004 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2004, 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 2020: AED 62,000 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 2004 sits

All 385 studios →

2004 last sold in September 2023 at AED 2,630 per sqft, 20% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,187). 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. 2004's AED 62,000 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 20th floor

All 516 units in Prive by Damac Tower A
Value
20011-bedAED 1.62M · Sep 2023
2002StudioAED 1.05M · Apr 2014
2003StudioAED 1.05M · Feb 2024
2005StudioAED 1M · May 2024
2006StudioAED 1.05M · Aug 2024
2007StudioAED 970K · Oct 2023
2008StudioAED 1.06M · Oct 2023
1–7 of 16

2004, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 12 March 2014 for AED 919,600, last on 20 September 2023 for AED 980,000 (AED 2,630 per sqft).
  • Rented since October 2020 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 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 20 September 2023.

Questions about 2004, Prive by Damac Tower A

What did unit 2004 last sell for?

AED 980,000 on 20 September 2023: AED 2,630 per sqft for 373 sqft. The unit has 3 registered sales; the first was AED 919,600 in March 2014.

What is the rent for unit 2004?

AED 62,000 a year on the contract signed on 14 October 2020.

How big is unit 2004?

373 sqft (34.7 sqm): a studio on the 20th floor of a 32-storey tower completed in 2019.

What is unit 2004 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 2004, Prive by Damac Tower A

Starts from the last sale price (AED 980K, 20 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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