Studio · 418 sqftPrive by Damac Tower A, Business Bay · 23rd floor · completed 2019

2311, Prive by Damac Tower A

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

Unit 2311 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 948K27 February 2014
Current rentAED 60K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2311, Prive by Damac Tower A

What is 2311 worth today?

Last sold for AED 948,050 in 2014

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15 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
9 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 144 per sqft
11 Jul 2026RentedNew contract
AED 70,000/yr6 months · AED 168 per sqft
25 Nov 2025RentedNew contract
AED 75,000/yr12 months · AED 180 per sqft
27 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 180 per sqft
1 Aug 2024RentedNew contract
AED 75,000/yr12 months · AED 180 per sqft
1 Apr 2023RentedNew contract
AED 48,510/yr12 months · AED 116 per sqft
1 Apr 2022RentedRenewal
AED 46,200/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
23rd of 32
Parking
P1-54
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 948K · February 2014

About 2311, Prive by Damac Tower A

2311 is a studio of 418 sqft on the 23rd 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 27 February 2014 for AED 948,050, or AED 2,270 per sqft, in line with the AED 2,227 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 9 Ejari contracts. The current contract, signed on 15 October 2026, is AED 60,000 a year: a gross yield of 6.3% on the 2014 price.

Sales and rents for 2311 over time

Sales
Unit 2311, 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, February 2014: AED 948,050 (AED 2,270 per sqft)

2311 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2311, 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, April 2021: AED 42,000 a yearRenewal, April 2022: AED 46,200 a yearNew contract, April 2023: AED 48,510 a yearNew contract, August 2024: AED 75,000 a yearNew contract, August 2025: AED 75,000 a yearNew contract, November 2025: AED 75,000 a yearNew contract, July 2026: AED 70,000 a yearNew contract, October 2026: AED 60,000 a yearNew contract, October 2026: 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 2311 sits

All 385 studios →

2311 last sold in February 2014 at AED 2,270 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,227). 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. 2311'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 23rd floor

All 516 units in Prive by Damac Tower A
Value
23011-bedAED 2.06M · Mar 2014
2302StudioAED 1.01M · Dec 2013
2303StudioAED 800K · Jan 2021
2304StudioAED 731K · Mar 2021
2305StudioAED 690K · Jul 2021
2306StudioAED 1.06M · Apr 2014
2307StudioAED 1.06M · Apr 2014
1–7 of 16

2311, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 27 February 2014 for AED 948,050, or AED 2,270 per sqft.
  • Rented since April 2021 on 9 Ejari contracts, from AED 42,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 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 15 October 2026.

Questions about 2311, Prive by Damac Tower A

What did unit 2311 last sell for?

AED 948,050 on 27 February 2014, sold by the developer: AED 2,270 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 2311?

AED 60,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2026, was AED 60,000; the unit has been rented since April 2021.

How big is unit 2311?

418 sqft (38.8 sqm): a studio on the 23rd floor of a 32-storey tower completed in 2019.

What is unit 2311 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 2311, Prive by Damac Tower A

Starts from the last sale price (AED 948K, 27 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 948,050
Deposit, UAE resident (20%)
AED 189,610
Deposit, non-resident (40%)
AED 379,220
Monthly over 25 years at 3.7%
AED 3,879

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