Studio · 373 sqftPrive by Damac Tower A, Business Bay · 4th floor · completed 2019

404, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 13 January 2023
Last soldAED 630K11 July 2021
Current rentAED 50K /yr13 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Prive by Damac Tower A

What is 404 worth today?

Last sold for AED 630,000 in 2021

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13 Jan 2023RentedNew contract
AED 50,000/yr12 months · AED 134 per sqft
2 Jan 2023RentedNew contract
AED 50,000/yr12 months · AED 134 per sqft
22 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
11 Jul 2021SoldReady
AED 630,000AED 1,691 per sqft
24 Sep 2020RentedNew contract
AED 62,000/yr12 months · AED 166 per sqft
6 Apr 2014Sold by developerOff-plan
AED 886,600AED 2,379 per sqft

Source: Dubai Land Department. Updated 13 January 2023.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
4th of 32
Parking
B-34
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 630K · July 2021

About 404, Prive by Damac Tower A

404 is a studio of 373 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. It last sold on 11 July 2021 for AED 630,000, or AED 1,691 per sqft, 15% above the AED 1,469 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 13 January 2023, is AED 50,000 a year: a gross yield of 7.9% on the 2021 price.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical studio in Prive by Damac Tower A
750K1M2013201720212025Typical 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 886,600 (AED 2,379 per sqft)Sold, July 2021: AED 630,000 (AED 1,691 per sqft)

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

Rents
Unit 404, 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, September 2020: AED 62,000 a yearNew contract, August 2021: AED 60,000 a yearNew contract, January 2023: AED 50,000 a yearNew contract, January 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 404 sits

All 385 studios →

404 last sold in July 2021 at AED 1,691 per sqft, 15% above what studios in Prive by Damac Tower A were fetching at the time (AED 1,469). 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. 404'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
403StudioAED 975K · Jun 2014
405StudioAED 850K · Dec 2022
406StudioAED 1.05M · Jun 2023
407StudioAED 1.14M · Apr 2014
408StudioAED 1M · Jun 2024
1–7 of 18

404, Prive by Damac Tower A in numbers

  • Sold twice: first on 6 April 2014 for AED 886,600, last on 11 July 2021 for AED 630,000 (AED 1,691 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 62,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 7.9%.
  • 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 13 January 2023.

Questions about 404, Prive by Damac Tower A

What did unit 404 last sell for?

AED 630,000 on 11 July 2021: AED 1,691 per sqft for 373 sqft. The unit has 2 registered sales; the first was AED 886,600 in April 2014.

What is the rent for unit 404?

AED 50,000 a year on the contract signed on 13 January 2023. The previous contract, from January 2023, was AED 50,000; the unit has been rented since September 2020.

How big is unit 404?

373 sqft (34.7 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 404 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 404, Prive by Damac Tower A

Starts from the last sale price (AED 630K, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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