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Studio · 402 sqftPrive by Damac Tower A, Business Bay · 27th floor · completed 2019

2703, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2703 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.54M17 November 2014
Current rentAED 80K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2703, Prive by Damac Tower A

What is 2703 worth today?

Last sold for AED 1,544,700 in 2014

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1 Nov 2024RentedRenewal
AED 79,800/yr12 months · AED 200 per sqft
1 Nov 2023RentedNew contract
AED 76,000/yr12 months · AED 191 per sqft
1 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 176 per sqft
17 Nov 2014Sold by developerOff-plan
AED 1,544,700AED 3,843 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
27th of 32
Parking
P1-117
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.54M · November 2014
Building
Prive by Damac Tower A

About 2703, Prive by Damac Tower A

2703 is a studio of 402 sqft on the 27th 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 17 November 2014 for AED 1,544,700, or AED 3,843 per sqft, 67% above the AED 2,299 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 79,800 a year: a gross yield of 5.2% on the 2014 price.

Sales and rents for 2703 over time

Sales
Unit 2703, each saleTypical studio in Prive by Damac Tower A
1M1.5M2013201720212025Typical 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, November 2014: AED 1,544,700 (AED 3,843 per sqft)

2703 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2703, 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, November 2022: AED 70,000 a yearNew contract, November 2023: AED 76,000 a yearRenewal, November 2024: AED 79,800 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 2703 sits

All 385 studios →

2703 last sold in November 2014 at AED 3,843 per sqft, 67% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,299). 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. 2703's AED 79,800 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 27th floor

All 516 units in Prive by Damac Tower A
Value
2701StudioAED 1.15M · Nov 2025
2702StudioAED 1.25M · Oct 2024
2704StudioAED 904K · Jul 2023
2705StudioAED 1.06M · Apr 2025
2706StudioAED 1.05M · Dec 2024
2707StudioAED 1.13M · Jun 2025
2708StudioAED 1.03M · Feb 2016
1–7 of 18

2703, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 17 November 2014 for AED 1,544,700, or AED 3,843 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 70,000 to AED 79,800 a year.
  • At AED 79,800 a year the gross yield on the 2014 price is 5.2%.
  • 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 1 November 2024.

Questions about 2703, Prive by Damac Tower A

What did unit 2703 last sell for?

AED 1,544,700 on 17 November 2014, sold by the developer: AED 3,843 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 2703?

AED 79,800 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 76,000; the unit has been rented since November 2022.

How big is unit 2703?

402 sqft (37.3 sqm): a studio on the 27th floor of a 32-storey tower completed in 2019.

What is unit 2703 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 2703, Prive by Damac Tower A

Starts from the last sale price (AED 1.54M, 17 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,544,700
Deposit, UAE resident (20%)
AED 308,940
Deposit, non-resident (40%)
AED 617,880
Monthly over 25 years at 3.7%
AED 6,320

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