Studio · 402 sqftPrive by Damac Tower A, Business Bay · 4th floor · completed 2019

403, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in June 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 4 March 2023
Last soldAED 975K30 June 2014
Current rentAED 50K /yr4 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Prive by Damac Tower A

What is 403 worth today?

Last sold for AED 974,700 in 2014

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4 Mar 2023RentedRenewal
AED 50,000/yr12 months · AED 124 per sqft
4 Mar 2022RentedNew contract
AED 49,000/yr12 months · AED 122 per sqft
30 Jun 2014Sold by developerOff-plan
AED 974,700AED 2,425 per sqft

Source: Dubai Land Department. Updated 4 March 2023.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
4th of 32
Parking
B-33
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 975K · June 2014

About 403, Prive by Damac Tower A

403 is a studio of 402 sqft on the 4th 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 30 June 2014 for AED 974,700, or AED 2,425 per sqft, 6% above the AED 2,284 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 4 March 2023, is AED 50,000 a year: a gross yield of 5.1% on the 2014 price.

Sales and rents for 403 over time

Sales
Unit 403, 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, June 2014: AED 974,700 (AED 2,425 per sqft)

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

Rents
Unit 403, 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, March 2022: AED 49,000 a yearRenewal, March 2023: AED 50,000 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 403 sits

All 385 studios →

403 last sold in June 2014 at AED 2,425 per sqft, 6% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,284). 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. 403's AED 50,000 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 4th floor

All 516 units in Prive by Damac Tower A
Value
401StudioAED 1.1M · Jul 2024
402StudioAED 1.01M · Mar 2014
404StudioAED 630K · Jul 2021
405StudioAED 850K · Dec 2022
406StudioAED 1.05M · Jun 2023
407StudioAED 1.14M · Apr 2014
408StudioAED 1M · Jun 2024
1–7 of 18

403, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 30 June 2014 for AED 974,700, or AED 2,425 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 49,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2014 price is 5.1%.
  • 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 4 March 2023.

Questions about 403, Prive by Damac Tower A

What did unit 403 last sell for?

AED 974,700 on 30 June 2014, sold by the developer: AED 2,425 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 50,000 a year on the contract renewed on 4 March 2023. The previous contract, from March 2022, was AED 49,000.

How big is unit 403?

402 sqft (37.3 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 403 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 403, Prive by Damac Tower A

Starts from the last sale price (AED 975K, 30 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 974,700
Deposit, UAE resident (20%)
AED 194,940
Deposit, non-resident (40%)
AED 389,880
Monthly over 25 years at 3.7%
AED 3,988

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