502, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in July 2021, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Prive by Damac Tower A
What is 502 worth today?
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Source: Dubai Land Department. Updated 19 September 2022.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 5th of 32
- Parking
- B-46
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 750K · July 2021
- Building
- Prive by Damac Tower A
About 502, Prive by Damac Tower A
502 is a studio of 431 sqft on the 5th 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 18 July 2021 for AED 750,000, or AED 1,738 per sqft, 13% above the AED 1,535 studios in the building were fetching at the time.
One Ejari contract is registered, from 19 September 2022. The current contract, signed on 19 September 2022, is AED 96,000 a year: a gross yield of 12.8% on the 2021 price.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the studio median of each year in the building.
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 502 sits
All 385 studios →502 last sold in July 2021 at AED 1,738 per sqft, 13% above what studios in Prive by Damac Tower A were fetching at the time (AED 1,535). 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. 502's AED 96,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 471 sqft | 900,000 | 1,909 | ||
| 23 Sep 202623 September 2026 | 453 sqft | 910,000 | 2,009 | ||
| 27 Aug 202627 August 2026 | 443 sqft | 1,050,000 | 2,371 | ||
| 27 Aug 202627 August 2026 | 489 sqft | 1,192,146 | 2,437 |
Prive by Damac Tower A
Building516 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%
Other units on the 5th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 933 sqft | AED 1.74MAED 1,742,000 · Aug 2022August 2022 | 100,000 /yr | |
| 503 | Studio | 414 sqft | AED 700KAED 700,000 · Jan 2022January 2022 | 68,400 /yr | |
| 504 | Studio | 373 sqft | AED 847KAED 846,880 · Dec 2013December 2013 | 90,000 /yr | |
| 505 | Studio | 431 sqft | AED 941KAED 941,320 · Dec 2014December 2014 | 58,000 /yr | |
| 506 | Studio | 443 sqft | AED 1.05MAED 1,048,000 · Feb 2026February 2026 | ||
| 507 | Studio | 416 sqft | AED 963KAED 963,340 · Mar 2024March 2024 | 73,000 /yr | |
| 508 | Studio | 414 sqft | AED 978KAED 978,000 · Apr 2024April 2024 | ||
| 509 | 1-bed | 896 sqft | AED 2.08MAED 2,077,670 · Oct 2014October 2014 | 130,000 /yr | |
| 510 | 2-bed | 1,342 sqft | AED 2.98MAED 2,980,830 · Dec 2013December 2013 | ||
| 511 | Studio | 418 sqft | AED 926KAED 925,940 · Dec 2013December 2013 | 90,000 /yr | |
| 512 | Studio | 443 sqft | AED 954KAED 953,912 · Dec 2014December 2014 | 70,000 /yr | |
| 513 | Studio | 432 sqft | AED 941KAED 941,350 · May 2014May 2014 | 75,000 /yr | |
| 514 | Studio | 373 sqft | AED 667KAED 666,500 · Mar 2022March 2022 | 40,000 /yr | |
| 515 | Studio | 401 sqft | AED 656KAED 656,000 · Sep 2019September 2019 | 85,000 /yr | |
| 516 | Studio | 408 sqft | AED 945KAED 945,000 · Dec 2023December 2023 | 85,000 /yr | |
| 517 | 1-bed | 923 sqft | AED 1.58MAED 1,580,000 · Dec 2021December 2021 |
502, Prive by Damac Tower A in numbers
- Sold twice: first on 18 December 2013 for AED 899,140, last on 18 July 2021 for AED 750,000 (AED 1,738 per sqft).
- Rented since September 2022 on one Ejari contract, at AED 96,000 a year.
- At AED 96,000 a year the gross yield on the 2021 price is 12.8%.
- 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 19 September 2022.
Questions about 502, Prive by Damac Tower A
What did unit 502 last sell for?
AED 750,000 on 18 July 2021: AED 1,738 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 899,140 in December 2013.
What is the rent for unit 502?
AED 96,000 a year on the contract signed on 19 September 2022.
How big is unit 502?
431 sqft (40.0 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.
What is unit 502 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 502, Prive by Damac Tower A
Starts from the last sale price (AED 750K, 18 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →