Studio · 471 sqftPrive by Damac Tower A, Business Bay · 20th floor · completed 2019

2012, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in August 2024, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2012 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 1M23 August 2024
Current rentAED 62K /yr21 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2012, Prive by Damac Tower A

What is 2012 worth today?

Last sold for AED 1,000,000 in 2024

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23 Aug 2024SoldReady
AED 1,000,000AED 2,121 per sqft
21 Jul 2022RentedNew contract
AED 62,000/yr12 months · AED 132 per sqft
24 Nov 2021Sold by developerReady
AED 922,000AED 1,956 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
20th of 32
Parking
P1-05
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1M · August 2024

About 2012, Prive by Damac Tower A

2012 is a studio of 471 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 23 August 2024 for AED 1,000,000, or AED 2,121 per sqft, 11% below the AED 2,388 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 July 2022. The current contract, signed on 21 July 2022, is AED 62,000 a year: a gross yield of 6.2% on the 2024 price.

Sales and rents for 2012 over time

Sales
Unit 2012, 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, November 2021: AED 922,000 (AED 1,956 per sqft)Sold, August 2024: AED 1,000,000 (AED 2,121 per sqft)

2012 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2012, 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, July 2022: 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 2012 sits

All 385 studios →

2012 last sold in August 2024 at AED 2,121 per sqft, 11% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,388). 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. 2012'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
2004StudioAED 980K · Sep 2023
2005StudioAED 1M · May 2024
2006StudioAED 1.05M · Aug 2024
2007StudioAED 970K · Oct 2023
1–7 of 16

2012, Prive by Damac Tower A in numbers

  • Sold twice: first on 24 November 2021 for AED 922,000, last on 23 August 2024 for AED 1,000,000 (AED 2,121 per sqft).
  • Rented since July 2022 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 6.2%.
  • 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 23 August 2024.

Questions about 2012, Prive by Damac Tower A

What did unit 2012 last sell for?

AED 1,000,000 on 23 August 2024: AED 2,121 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 922,000 in November 2021.

What is the rent for unit 2012?

AED 62,000 a year on the contract signed on 21 July 2022.

How big is unit 2012?

471 sqft (43.8 sqm): a studio on the 20th floor of a 32-storey tower completed in 2019.

What is unit 2012 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 2012, Prive by Damac Tower A

Starts from the last sale price (AED 1M, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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