Studio · 402 sqftPrive by Damac Tower A, Business Bay · 2nd floor · completed 2019

203, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.04M6 April 2014
Current rentAED 60K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Prive by Damac Tower A

What is 203 worth today?

Last sold for AED 1,039,300 in 2014

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25 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 151 per sqft
25 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 151 per sqft
25 Oct 2023RentedRenewal
AED 56,000/yr12 months · AED 141 per sqft
25 Oct 2022RentedRenewal
AED 52,500/yr12 months · AED 132 per sqft
25 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
11 Jul 2021RentedNew contract
AED 43,000/yr12 months · AED 108 per sqft
6 Apr 2014Sold by developerOff-plan
AED 1,039,300AED 2,585 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
2nd of 32
Parking
B-04
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.04M · April 2014

About 203, Prive by Damac Tower A

203 is a studio of 402 sqft on the 2nd 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 6 April 2014 for AED 1,039,300, or AED 2,585 per sqft, 14% above the AED 2,268 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 60,000 a year: a gross yield of 5.8% on the 2014 price.

Sales and rents for 203 over time

Sales
Unit 203, 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, April 2014: AED 1,039,300 (AED 2,585 per sqft)

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

Rents
Unit 203, 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 2021: AED 43,000 a yearNew contract, October 2021: AED 50,000 a yearRenewal, October 2022: AED 52,500 a yearRenewal, October 2023: AED 56,000 a yearRenewal, October 2024: AED 60,000 a yearRenewal, October 2024: AED 60,000 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 203 sits

All 385 studios →

203 last sold in April 2014 at AED 2,585 per sqft, 14% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,268). 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. 203's AED 60,000 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 2nd floor

All 516 units in Prive by Damac Tower A
Value
2011-bedAED 1.75M · Feb 2023
202StudioAED 1.07M · Apr 2014
204StudioAED 880K · Jul 2023
205StudioAED 1.02M · Jan 2024
206StudioAED 1.12M · Jun 2014
207StudioAED 1.13M · Jan 2024
208StudioAED 1.01M · Jul 2023
1–7 of 16

203, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 6 April 2014 for AED 1,039,300, or AED 2,585 per sqft.
  • Rented since July 2021 on 6 Ejari contracts, from AED 43,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 5.8%.
  • 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 25 October 2024.

Questions about 203, Prive by Damac Tower A

What did unit 203 last sell for?

AED 1,039,300 on 6 April 2014, sold by the developer: AED 2,585 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 60,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2024, was AED 60,000; the unit has been rented since July 2021.

How big is unit 203?

402 sqft (37.3 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 203 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 203, Prive by Damac Tower A

Starts from the last sale price (AED 1.04M, 6 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,039,300
Deposit, UAE resident (20%)
AED 207,860
Deposit, non-resident (40%)
AED 415,720
Monthly over 25 years at 3.7%
AED 4,252

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