1-bed · 801 sqftPrive by Damac Tower A, Business Bay · 29th floor · completed 2019

2903, Prive by Damac Tower A

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

Unit 2903 · DLD and Ejari recordsUpdated 21 February 2024
Last soldAED 1.46M11 July 2021
Current rentAED 110K /yr21 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Prive by Damac Tower A

What is 2903 worth today?

Last sold for AED 1,455,000 in 2021

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21 Feb 2024RentedRenewal
AED 110,000/yr12 months · AED 138 per sqft
21 Feb 2023RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
28 Oct 2022RentedRenewal
AED 83,000/yr3 months · AED 104 per sqft
28 Oct 2021RentedNew contract
AED 83,000/yr12 months · AED 104 per sqft
11 Jul 2021Sold by developerReady
AED 1,455,000AED 1,815 per sqft

Source: Dubai Land Department. Updated 21 February 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
29th of 32
Parking
P1-137
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.46M · July 2021

About 2903, Prive by Damac Tower A

2903 is a one-bedroom apartment of 801 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 11 July 2021 for AED 1,455,000, or AED 1,815 per sqft, 20% above the AED 1,511 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 21 February 2024, is AED 110,000 a year: a gross yield of 7.6% on the 2021 price.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, July 2021: AED 1,455,000 (AED 1,815 per sqft)

2903 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2903, 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 102,000New contract, October 2021: AED 83,000 a yearRenewal, October 2022: AED 83,000 a yearNew contract, February 2023: AED 110,000 a yearRenewal, February 2024: AED 110,000 a year

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 2903 sits

All 95 1-beds →

2903 last sold in July 2021 at AED 1,815 per sqft, 20% above what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,511). 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. 2903's AED 110,000 is in the upper half of that range.

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 29th floor

All 516 units in Prive by Damac Tower A
Value
2901StudioAED 800K · Nov 2020
29021-bedAED 1.4M · Jul 2023
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

2903, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 11 July 2021 for AED 1,455,000, or AED 1,815 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 83,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 7.6%.
  • 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 21 February 2024.

Questions about 2903, Prive by Damac Tower A

What did unit 2903 last sell for?

AED 1,455,000 on 11 July 2021, sold by the developer: AED 1,815 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit 2903?

AED 110,000 a year on the contract renewed on 21 February 2024. The previous contract, from February 2023, was AED 110,000; the unit has been rented since October 2021.

How big is unit 2903?

801 sqft (74.4 sqm): a one-bedroom apartment on the 29th floor of a 32-storey tower completed in 2019.

What is unit 2903 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 2903, Prive by Damac Tower A

Starts from the last sale price (AED 1.46M, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,455,000
Deposit, UAE resident (20%)
AED 291,000
Deposit, non-resident (40%)
AED 582,000
Monthly over 25 years at 3.7%
AED 5,953

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