Studio · 373 sqftPrive by Damac Tower A, Business Bay · 24th floor · completed 2019

2404, Prive by Damac Tower A

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

Unit 2404 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 902K20 February 2024
Current rentAED 68K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Prive by Damac Tower A

What is 2404 worth today?

Last sold for AED 902,000 in 2024

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21 Oct 2024RentedNew contract
AED 68,000/yr12 months · AED 183 per sqft
20 Feb 2024SoldReady
AED 902,000AED 2,421 per sqft
28 Dec 2014Sold by developerOff-plan
AED 919,240AED 2,467 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
24th of 32
Parking
P1-64
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 902K · February 2024

About 2404, Prive by Damac Tower A

2404 is a studio of 373 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. It last sold on 20 February 2024 for AED 902,000, or AED 2,421 per sqft, in line with the AED 2,363 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 October 2024. The current contract, signed on 21 October 2024, is AED 68,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, December 2014: AED 919,240 (AED 2,467 per sqft)Sold, February 2024: AED 902,000 (AED 2,421 per sqft)

2404 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2404, 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, October 2024: AED 68,000 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 2404 sits

All 385 studios →

2404 last sold in February 2024 at AED 2,421 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,363). 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. 2404's AED 68,000 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 24th floor

All 516 units in Prive by Damac Tower A
Value
24011-bedAED 1.97M · Jun 2016
2402StudioAED 1.05M · Sep 2023
2403StudioAED 880K · Feb 2023
2405StudioAED 772K · Mar 2022
2406StudioAED 1.08M · Jun 2014
2407StudioAED 910K · May 2023
2408StudioAED 820K · Mar 2022
1–7 of 16

2404, Prive by Damac Tower A in numbers

  • Sold twice: first on 28 December 2014 for AED 919,240, last on 20 February 2024 for AED 902,000 (AED 2,421 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 21 October 2024.

Questions about 2404, Prive by Damac Tower A

What did unit 2404 last sell for?

AED 902,000 on 20 February 2024: AED 2,421 per sqft for 373 sqft. The unit has 2 registered sales; the first was AED 919,240 in December 2014.

What is the rent for unit 2404?

AED 68,000 a year on the contract signed on 21 October 2024.

How big is unit 2404?

373 sqft (34.7 sqm): a studio on the 24th floor of a 32-storey tower completed in 2019.

What is unit 2404 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 2404, Prive by Damac Tower A

Starts from the last sale price (AED 902K, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 902,000
Deposit, UAE resident (20%)
AED 180,400
Deposit, non-resident (40%)
AED 360,800
Monthly over 25 years at 3.7%
AED 3,690

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