Studio · 401 sqftPrive by Damac Tower A, Business Bay · 2nd floor · completed 2019

216, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.01M12 March 2014
Current rentAED 66K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Prive by Damac Tower A

What is 216 worth today?

Last sold for AED 1,006,050 in 2014

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15 Oct 2026RentedRenewal
AED 66,000/yr12 months · AED 166 per sqft
15 Oct 2025RentedRenewal
AED 70,000/yr12 months · AED 176 per sqft
15 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 176 per sqft
4 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 163 per sqft
4 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
24 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
24 Jan 2022RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
12 Mar 2014Sold by developerOff-plan
AED 1,006,050AED 2,511 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
2nd of 32
Parking
B-16
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.01M · March 2014

About 216, Prive by Damac Tower A

216 is a studio of 401 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 12 March 2014 for AED 1,006,050, or AED 2,511 per sqft, 12% above the AED 2,238 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 66,000 a year: a gross yield of 6.6% on the 2014 price.

Sales and rents for 216 over time

Sales
Unit 216, 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 1,006,050 (AED 2,511 per sqft)

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

Rents
Unit 216, 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, January 2022: AED 60,000 a yearNew contract, March 2022: AED 60,000 a yearNew contract, October 2022: AED 60,000 a yearRenewal, October 2023: AED 65,000 a yearNew contract, October 2024: AED 70,000 a yearRenewal, October 2025: AED 70,000 a yearRenewal, October 2026: AED 66,000 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 216 sits

All 385 studios →

216 last sold in March 2014 at AED 2,511 per sqft, 12% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,238). 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. 216's AED 66,000 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
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

216, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 12 March 2014 for AED 1,006,050, or AED 2,511 per sqft.
  • Rented since January 2022 on 7 Ejari contracts, from AED 60,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2014 price is 6.6%.
  • 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 15 October 2026.

Questions about 216, Prive by Damac Tower A

What did unit 216 last sell for?

AED 1,006,050 on 12 March 2014, sold by the developer: AED 2,511 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 66,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since January 2022.

How big is unit 216?

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

What is unit 216 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 216, Prive by Damac Tower A

Starts from the last sale price (AED 1.01M, 12 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,006,050
Deposit, UAE resident (20%)
AED 201,210
Deposit, non-resident (40%)
AED 402,420
Monthly over 25 years at 3.7%
AED 4,116

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