Home
Dubai prices
About
Research
1-bed · 933 sqftPrive by Damac Tower A, Business Bay · 24th floor · completed 2019

2401, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 9 June 2024
Last soldAED 1.97M9 June 2016
Current rentAED 105K /yr9 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2401

Property timeline for 2401, Prive by Damac Tower A

What is 2401 worth today?

Last sold for AED 1,970,050 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jun 2024RentedNew contract
AED 105,000/yr12 months · AED 112 per sqft
10 Jun 2022RentedNew contract
AED 89,000/yr12 months · AED 95 per sqft
9 Jun 2016Sold by developerOff-plan
AED 1,970,050AED 2,110 per sqft

Source: Dubai Land Department. Updated 9 June 2024.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
24th of 32
Parking
P1-61
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.97M · June 2016
Building
Prive by Damac Tower A

About 2401, Prive by Damac Tower A

2401 is a one-bedroom apartment of 933 sqft on the 24th 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 9 June 2016 for AED 1,970,050, or AED 2,110 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 9 June 2024, is AED 105,000 a year: a gross yield of 5.3% on the 2016 price.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical one-bed in Prive by Damac Tower A
1.5M1.75M2M2013201720212025Typical sale price by year: 2013 AED 1,927,450; 2014 AED 2,045,925; 2017 AED 1,953,000; 2018 AED 1,942,980; 2019 AED 1,862,000; 2020 AED 1,536,530; 2021 AED 1,507,000; 2022 AED 1,590,000; 2023 AED 1,715,000; 2024 AED 1,725,000; 2025 AED 1,670,000; 2026 AED 1,572,500Sold by developer, June 2016: AED 1,970,050 (AED 2,110 per sqft)

2401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2401, each contractTypical one-bed in Prive by Damac Tower A
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 102,000New contract, June 2022: AED 89,000 a yearNew contract, June 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower A, and where 2401 sits

All 95 1-beds →

Over the last 12 months one-beds sold for AED 1,385,000 to 1,750,000, around AED 1,762 per sqft, and rent for AED 75,000 to 140,000 a year. 2401's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,445,000
16 Jul 202654,600
8 Jun 20261,385,000
11 Feb 20261,700,000
7 1-bed 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 24th floor

All 516 units in Prive by Damac Tower A
Value
2402StudioAED 1.05M · Sep 2023
2403StudioAED 880K · Feb 2023
2404StudioAED 902K · Feb 2024
2405StudioAED 772K · Mar 2022
2406StudioAED 1.08M · Jun 2014
2407StudioAED 910K · May 2023
2408StudioAED 820K · Mar 2022
1–7 of 16

2401, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 9 June 2016 for AED 1,970,050, or AED 2,110 per sqft.
  • Rented since June 2022 on 2 Ejari contracts, from AED 89,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2016 price is 5.3%.
  • One-beds in Prive by Damac Tower A sold for AED 1,385,000–1,750,000 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 9 June 2024.

Questions about 2401, Prive by Damac Tower A

What did unit 2401 last sell for?

AED 1,970,050 on 9 June 2016, sold by the developer: AED 2,110 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 105,000 a year on the contract signed on 9 June 2024. The previous contract, from June 2022, was AED 89,000.

How big is unit 2401?

933 sqft (86.7 sqm): a one-bedroom apartment on the 24th floor of a 32-storey tower completed in 2019.

What is unit 2401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower A sold for AED 1,385,000 to 1,750,000 in the last 12 months, around AED 1,762 per sqft.

Selling 2401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2401, Prive by Damac Tower A

Starts from the last sale price (AED 1.97M, 9 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,050
Deposit, UAE resident (20%)
AED 394,010
Deposit, non-resident (40%)
AED 788,020
Monthly over 25 years at 3.7%
AED 8,060

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