Studio · 471 sqftPrive by Damac Tower A, Business Bay · 3rd floor · completed 2019

306, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 920K4 April 2024
Current rentAED 62K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Prive by Damac Tower A

What is 306 worth today?

Last sold for AED 920,000 in 2024

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1 Aug 2026RentedRenewal
AED 62,000/yr12 months · AED 132 per sqft
1 Aug 2025RentedRenewal
AED 60,000/yr12 months · AED 127 per sqft
1 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
1 Aug 2024RentedNew contract
AED 77,000/yr12 months · AED 163 per sqft
4 Apr 2024SoldReady
AED 920,000AED 1,951 per sqft
10 Aug 2023RentedRenewal
AED 60,090/yr11 months · AED 127 per sqft
10 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
1 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
3rd of 32
Parking
B-21
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 920K · April 2024

About 306, Prive by Damac Tower A

306 is a studio of 471 sqft on the 3rd floor of Prive by Damac Tower A, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 4 April 2024 for AED 920,000, or AED 1,951 per sqft, 18% below the AED 2,375 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 62,000 a year: a gross yield of 6.7% on the 2024 price.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Prive by Damac Tower A
500K750K1M2013201720212025Typical 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, April 2014: AED 1,119,100 (AED 2,374 per sqft)Sold, January 2019: AED 590,000 (AED 1,251 per sqft)Sold, April 2024: AED 920,000 (AED 1,951 per sqft)

306 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 306, 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, August 2021: AED 45,000 a yearNew contract, August 2022: AED 60,000 a yearRenewal, August 2023: AED 60,090 a yearNew contract, August 2024: AED 77,000 a yearRenewal, August 2025: AED 60,000 a yearNew contract, August 2025: AED 80,000 a yearRenewal, August 2026: AED 62,000 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 306 sits

All 385 studios →

306 last sold in April 2024 at AED 1,951 per sqft, 18% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,375). 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. 306's AED 62,000 is in the lower 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 3rd floor

All 516 units in Prive by Damac Tower A
Value
3011-bedAED 1.65M · Apr 2025
302StudioAED 960K · Jan 2024
303StudioAED 713K · Nov 2021
304StudioAED 850K · Apr 2025
305StudioAED 750K · Feb 2022
307StudioAED 590K · Jan 2019
308StudioAED 900K · May 2026
1–7 of 16

306, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 6 April 2014 for AED 1,119,100, last on 4 April 2024 for AED 920,000 (AED 1,951 per sqft).
  • Rented since August 2021 on 7 Ejari contracts, from AED 45,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 6.7%.
  • 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 August 2026.

Questions about 306, Prive by Damac Tower A

What did unit 306 last sell for?

AED 920,000 on 4 April 2024: AED 1,951 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 1,119,100 in April 2014.

What is the rent for unit 306?

AED 62,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since August 2021.

How big is unit 306?

471 sqft (43.8 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 306 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 306, Prive by Damac Tower A

Starts from the last sale price (AED 920K, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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