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Studio · 431 sqftPrive by Damac Tower A, Business Bay · 24th floor · completed 2019

2405, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 772K15 March 2022
Current rentAED 82K /yr4 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2405, Prive by Damac Tower A

What is 2405 worth today?

Last sold for AED 771,840 in 2022

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4 Apr 2025RentedNew contract
AED 82,000/yr12 months · AED 190 per sqft
8 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 186 per sqft
15 Mar 2023RentedNew contract
AED 89,759/yr12 months · AED 208 per sqft
15 Mar 2022Sold by developerReady
AED 771,840AED 1,790 per sqft

Source: Dubai Land Department. Updated 4 April 2025.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
24th of 32
Parking
P1-65
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 772K · March 2022
Building
Prive by Damac Tower A

About 2405, Prive by Damac Tower A

2405 is a studio of 431 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 15 March 2022 for AED 771,840, or AED 1,790 per sqft, in line with the AED 1,779 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 4 April 2025, is AED 82,000 a year: a gross yield of 10.6% on the 2022 price.

Sales and rents for 2405 over time

Sales
Unit 2405, 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 2022: AED 771,840 (AED 1,790 per sqft)

2405 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2405, each contractTypical studio in Prive by Damac Tower A
50K75K2020202220242026Typical 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, March 2023: AED 89,759 a yearNew contract, March 2024: AED 80,000 a yearNew contract, April 2025: AED 82,000 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 2405 sits

All 385 studios →

2405 last sold in March 2022 at AED 1,790 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 1,779). 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. 2405's AED 82,000 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 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
2404StudioAED 902K · Feb 2024
2406StudioAED 1.08M · Jun 2014
2407StudioAED 910K · May 2023
2408StudioAED 820K · Mar 2022
1–7 of 16

2405, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 15 March 2022 for AED 771,840, or AED 1,790 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 89,759 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2022 price is 10.6%.
  • 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 4 April 2025.

Questions about 2405, Prive by Damac Tower A

What did unit 2405 last sell for?

AED 771,840 on 15 March 2022, sold by the developer: AED 1,790 per sqft for 431 sqft. It is the only registered sale of the unit.

What is the rent for unit 2405?

AED 82,000 a year on the contract signed on 4 April 2025. The previous contract, from March 2024, was AED 80,000; the unit has been rented since March 2023.

How big is unit 2405?

431 sqft (40.0 sqm): a studio on the 24th floor of a 32-storey tower completed in 2019.

What is unit 2405 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 2405, Prive by Damac Tower A

Starts from the last sale price (AED 772K, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 771,840
Deposit, UAE resident (20%)
AED 154,368
Deposit, non-resident (40%)
AED 308,736
Monthly over 25 years at 3.7%
AED 3,158

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