Studio · 401 sqftPrive by Damac Tower A, Business Bay · 25th floor · completed 2019

2516, Prive by Damac Tower A

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

Unit 2516 · DLD and Ejari recordsUpdated 22 December 2025
Last soldAED 1.02M5 March 2014
Current rentAED 76K /yr22 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2516, Prive by Damac Tower A

What is 2516 worth today?

Last sold for AED 1,024,100 in 2014

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22 Dec 2025RentedRenewal
AED 76,000/yr12 months · AED 189 per sqft
5 Aug 2025RentedRenewal
AED 72,355/yr5 months · AED 180 per sqft
5 Aug 2025RentedRenewal
AED 72,355/yr5 months · AED 180 per sqft
5 Aug 2024RentedRenewal
AED 71,500/yr12 months · AED 178 per sqft
5 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 162 per sqft
5 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 175 per sqft
6 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 137 per sqft
21 Mar 2021RentedNew contract
AED 44,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 22 December 2025.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
25th of 32
Parking
P1-97
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.02M · March 2014

About 2516, Prive by Damac Tower A

2516 is a studio of 401 sqft on the 25th 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 5 March 2014 for AED 1,024,100, or AED 2,553 per sqft, 14% above the AED 2,235 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 22 December 2025, is AED 76,000 a year: a gross yield of 7.4% on the 2014 price.

Sales and rents for 2516 over time

Sales
Unit 2516, 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 1,024,100 (AED 2,553 per sqft)

2516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2516, 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, March 2021: AED 44,000 a yearNew contract, November 2021: AED 55,000 a yearNew contract, December 2022: AED 70,000 a yearNew contract, August 2023: AED 65,000 a yearRenewal, August 2024: AED 71,500 a yearRenewal, August 2025: AED 72,355 a yearRenewal, August 2025: AED 72,355 a yearRenewal, December 2025: AED 76,000 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 2516 sits

All 385 studios →

2516 last sold in March 2014 at AED 2,553 per sqft, 14% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,235). 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. 2516's AED 76,000 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 25th floor

All 516 units in Prive by Damac Tower A
Value
25011-bedAED 1.62M · Mar 2023
2502StudioAED 809K · Jun 2022
2503StudioAED 1.04M · Jun 2025
2504StudioAED 870K · Mar 2023
2505StudioAED 1.07M · Mar 2014
2506StudioAED 1.25M · Feb 2024
2507StudioAED 1.05M · Dec 2025
1–7 of 16

2516, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 5 March 2014 for AED 1,024,100, or AED 2,553 per sqft.
  • Rented since March 2021 on 8 Ejari contracts, from AED 44,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2014 price is 7.4%.
  • 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 22 December 2025.

Questions about 2516, Prive by Damac Tower A

What did unit 2516 last sell for?

AED 1,024,100 on 5 March 2014, sold by the developer: AED 2,553 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 2516?

AED 76,000 a year on the contract renewed on 22 December 2025. The previous contract, from August 2025, was AED 72,355; the unit has been rented since March 2021.

How big is unit 2516?

401 sqft (37.3 sqm): a studio on the 25th floor of a 32-storey tower completed in 2019.

What is unit 2516 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 2516, Prive by Damac Tower A

Starts from the last sale price (AED 1.02M, 5 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,024,100
Deposit, UAE resident (20%)
AED 204,820
Deposit, non-resident (40%)
AED 409,640
Monthly over 25 years at 3.7%
AED 4,190

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