Studio · 479 sqftPrive by Damac Tower A, Business Bay · 29th floor · completed 2019

2901, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 800K26 November 2020
Current rentAED 71K /yr13 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Prive by Damac Tower A

What is 2901 worth today?

Last sold for AED 800,000 in 2020

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13 Sep 2024RentedNew contract
AED 71,000/yr12 months · AED 150 per sqft
17 Jul 2023RentedRenewal
AED 75,000/yr12 months · AED 158 per sqft
17 Jul 2022RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
15 May 2021RentedNew contract
AED 47,871/yr12 months · AED 101 per sqft
26 Nov 2020Sold by developerReady
AED 800,000AED 1,670 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
Studio apartment
Size
479 sqft
Floor
29th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 800K · November 2020

About 2901, Prive by Damac Tower A

2901 is a studio of 479 sqft on the 29th 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 26 November 2020 for AED 800,000, or AED 1,670 per sqft, in line with the AED 1,653 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 13 September 2024, is AED 71,000 a year: a gross yield of 8.9% on the 2020 price.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, November 2020: AED 800,000 (AED 1,670 per sqft)

2901 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2901, 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, May 2021: AED 47,871 a yearNew contract, July 2022: AED 70,000 a yearRenewal, July 2023: AED 75,000 a yearNew contract, September 2024: AED 71,000 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 2901 sits

All 385 studios →

2901 last sold in November 2020 at AED 1,670 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 1,653). 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. 2901's AED 71,000 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 29th floor

All 516 units in Prive by Damac Tower A
Value
29021-bedAED 1.4M · Jul 2023
29031-bedAED 1.46M · Jul 2021
29041-bedAED 1.84M · Sep 2021
29052-bedAED 2.54M · Oct 2021
29062-bedAED 2.71M · Mar 2022
29071-bedAED 1.7M · Feb 2026
29081-bedAED 1.65M · Jan 2024
1–7 of 11

2901, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 26 November 2020 for AED 800,000, or AED 1,670 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 47,871 to AED 71,000 a year.
  • At AED 71,000 a year the gross yield on the 2020 price is 8.9%.
  • 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 13 September 2024.

Questions about 2901, Prive by Damac Tower A

What did unit 2901 last sell for?

AED 800,000 on 26 November 2020, sold by the developer: AED 1,670 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 71,000 a year on the contract signed on 13 September 2024. The previous contract, from July 2023, was AED 75,000; the unit has been rented since May 2021.

How big is unit 2901?

479 sqft (44.5 sqm): a studio on the 29th floor of a 32-storey tower completed in 2019.

What is unit 2901 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 2901, Prive by Damac Tower A

Starts from the last sale price (AED 800K, 26 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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