1-bed · 960 sqftPrive by Damac Tower A, Business Bay · 28th floor · completed 2019

2804, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 9 December 2020
Last soldAED 1.4M9 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Prive by Damac Tower A

What is 2804 worth today?

Last sold for AED 1,398,300 in 2020

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9 Dec 2020Sold by developerReady
AED 1,398,300AED 1,456 per sqft

Source: Dubai Land Department. Updated 9 December 2020.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
28th of 32
Parking
P1-131
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.4M · December 2020

About 2804, Prive by Damac Tower A

2804 is a one-bedroom apartment of 960 sqft on the 28th 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 December 2020 for AED 1,398,300, or AED 1,456 per sqft, 13% below the AED 1,679 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2804 over time

Sales
Unit 2804, each saleTypical one-bed in Prive by Damac Tower A
1.5M2M2013201720212025Typical 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, December 2020: AED 1,398,300 (AED 1,456 per sqft)

2804 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2804, 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 102,000

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 2804 sits

All 95 1-beds →

2804 last sold in December 2020 at AED 1,456 per sqft, 13% below what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,679). 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.

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 28th floor

All 516 units in Prive by Damac Tower A
Value
28052-bedAED 2.35M · Mar 2020
28062-bedAED 2.5M · Nov 2022
28071-bedAED 1.69M · Feb 2025
28081-bedAED 1.74M · Jan 2020
28091-bedAED 1.84M · Jun 2024
28101-bedAED 2.22M · Jan 2024

2804, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 9 December 2020 for AED 1,398,300, or AED 1,456 per sqft.
  • 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 December 2020.

Questions about 2804, Prive by Damac Tower A

What did unit 2804 last sell for?

AED 1,398,300 on 9 December 2020, sold by the developer: AED 1,456 per sqft for 960 sqft. It is the only registered sale of the unit.

How big is unit 2804?

960 sqft (89.2 sqm): a one-bedroom apartment on the 28th floor of a 32-storey tower completed in 2019.

What is unit 2804 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.

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Mortgage on 2804, Prive by Damac Tower A

Starts from the last sale price (AED 1.4M, 9 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,398,300
Deposit, UAE resident (20%)
AED 279,660
Deposit, non-resident (40%)
AED 559,320
Monthly over 25 years at 3.7%
AED 5,721

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