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1-bed · 982 sqftPrive by Damac Tower A, Business Bay · 3rd floor · completed 2019

309, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 14 March 2022
Last soldAED 2.46M17 April 2014
Current rentAED 88K /yr14 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Prive by Damac Tower A

What is 309 worth today?

Last sold for AED 2,457,650 in 2014

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14 Mar 2022RentedNew contract
AED 88,000/yr12 months · AED 90 per sqft
14 Mar 2021RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
17 Apr 2014Sold by developerOff-plan
AED 2,457,650AED 2,501 per sqft

Source: Dubai Land Department. Updated 14 March 2022.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
3rd of 32
Parking
B-24
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.46M · April 2014
Building
Prive by Damac Tower A

About 309, Prive by Damac Tower A

309 is a one-bedroom apartment of 982 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. The developer sold it on 17 April 2014 for AED 2,457,650, or AED 2,501 per sqft, 19% above the AED 2,094 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 14 March 2022, is AED 88,000 a year: a gross yield of 3.6% on the 2014 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Prive by Damac Tower A
1.5M2M2.5M2013201720212025Typical 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, April 2014: AED 2,457,650 (AED 2,501 per sqft)

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

Rents
Unit 309, 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, March 2021: AED 80,000 a yearNew contract, March 2022: AED 88,000 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 309 sits

All 95 1-beds →

309 last sold in April 2014 at AED 2,501 per sqft, 19% above what one-beds in Prive by Damac Tower A were fetching at the time (AED 2,094). 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. 309's AED 88,000 is in the lower 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 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
306StudioAED 920K · Apr 2024
307StudioAED 590K · Jan 2019
1–7 of 16

309, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 17 April 2014 for AED 2,457,650, or AED 2,501 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 80,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2014 price is 3.6%.
  • 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 14 March 2022.

Questions about 309, Prive by Damac Tower A

What did unit 309 last sell for?

AED 2,457,650 on 17 April 2014, sold by the developer: AED 2,501 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 88,000 a year on the contract signed on 14 March 2022. The previous contract, from March 2021, was AED 80,000.

How big is unit 309?

982 sqft (91.2 sqm): a one-bedroom apartment on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 309 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 309, Prive by Damac Tower A

Starts from the last sale price (AED 2.46M, 17 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,457,650
Deposit, UAE resident (20%)
AED 491,530
Deposit, non-resident (40%)
AED 983,060
Monthly over 25 years at 3.7%
AED 10,055

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