Studio · 401 sqftPrive by Damac Tower A, Business Bay · 3rd floor · completed 2019

316, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 946K30 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Prive by Damac Tower A

What is 316 worth today?

Last sold for AED 946,000 in 2024

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30 Jul 2024SoldReady
AED 946,000AED 2,361 per sqft
1 Jul 2014Sold by developerOff-plan
AED 1,006,050AED 2,511 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
3rd of 32
Parking
B-30
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 946K · July 2024

About 316, Prive by Damac Tower A

316 is a studio of 401 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 30 July 2024 for AED 946,000, or AED 2,361 per sqft, in line with the AED 2,386 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, 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, July 2014: AED 1,006,050 (AED 2,511 per sqft)Sold, July 2024: AED 946,000 (AED 2,361 per sqft)

316 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 316, 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 67,000

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 316 sits

All 385 studios →

316 last sold in July 2024 at AED 2,361 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,386). 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.

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
306StudioAED 920K · Apr 2024
307StudioAED 590K · Jan 2019
1–7 of 16

316, Prive by Damac Tower A in numbers

  • Sold twice: first on 1 July 2014 for AED 1,006,050, last on 30 July 2024 for AED 946,000 (AED 2,361 per sqft).
  • 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 30 July 2024.

Questions about 316, Prive by Damac Tower A

What did unit 316 last sell for?

AED 946,000 on 30 July 2024: AED 2,361 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 1,006,050 in July 2014.

How big is unit 316?

401 sqft (37.3 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 316 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 316, Prive by Damac Tower A

Starts from the last sale price (AED 946K, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 946,000
Deposit, UAE resident (20%)
AED 189,200
Deposit, non-resident (40%)
AED 378,400
Monthly over 25 years at 3.7%
AED 3,870

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