Studio · 438 sqftPrive by Damac Tower A, Business Bay · 2nd floor · completed 2019

208, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in July 2023, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 3 February 2024
Last soldAED 1.01M9 July 2023
Current rentAED 75K /yr3 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Prive by Damac Tower A

What is 208 worth today?

Last sold for AED 1,013,320 in 2023

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3 Feb 2024RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
9 Jul 2023SoldReady
AED 1,013,320AED 2,311 per sqft
4 Jun 2014Sold by developerOff-plan
AED 1,095,350AED 2,498 per sqft

Source: Dubai Land Department. Updated 3 February 2024.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
2nd of 32
Parking
B-09
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.01M · July 2023

About 208, Prive by Damac Tower A

208 is a studio of 438 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. It last sold on 9 July 2023 for AED 1,013,320, or AED 2,311 per sqft, 13% above the AED 2,040 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 February 2024. The current contract, signed on 3 February 2024, is AED 75,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 208 over time

Sales
Unit 208, 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, June 2014: AED 1,095,350 (AED 2,498 per sqft)Sold, July 2023: AED 1,013,320 (AED 2,311 per sqft)

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

Rents
Unit 208, 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, February 2024: AED 75,000 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 208 sits

All 385 studios →

208 last sold in July 2023 at AED 2,311 per sqft, 13% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,040). 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. 208's AED 75,000 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 2nd floor

All 516 units in Prive by Damac Tower A
Value
2011-bedAED 1.75M · Feb 2023
202StudioAED 1.07M · Apr 2014
203StudioAED 1.04M · Apr 2014
204StudioAED 880K · Jul 2023
205StudioAED 1.02M · Jan 2024
206StudioAED 1.12M · Jun 2014
207StudioAED 1.13M · Jan 2024
1–7 of 16

208, Prive by Damac Tower A in numbers

  • Sold twice: first on 4 June 2014 for AED 1,095,350, last on 9 July 2023 for AED 1,013,320 (AED 2,311 per sqft).
  • Rented since February 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.4%.
  • 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 3 February 2024.

Questions about 208, Prive by Damac Tower A

What did unit 208 last sell for?

AED 1,013,320 on 9 July 2023: AED 2,311 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 1,095,350 in June 2014.

What is the rent for unit 208?

AED 75,000 a year on the contract signed on 3 February 2024.

How big is unit 208?

438 sqft (40.7 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 208 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 208, Prive by Damac Tower A

Starts from the last sale price (AED 1.01M, 9 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,013,320
Deposit, UAE resident (20%)
AED 202,664
Deposit, non-resident (40%)
AED 405,328
Monthly over 25 years at 3.7%
AED 4,146

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