503, Prive by Damac Tower A
Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Prive by Damac Tower A
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 414 sqft
- Floor
- 5th of 32
- Parking
- B-47
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 700K · January 2022
- Building
- Prive by Damac Tower A
About 503, Prive by Damac Tower A
503 is a studio of 414 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 12 January 2022 for AED 700,000, or AED 1,690 per sqft, 3% below the AED 1,744 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 June 2026, is AED 68,400 a year: a gross yield of 9.8% on the 2022 price.
Sales and rents for 503 over time
503 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 503 sits
All 385 studios →503 last sold in January 2022 at AED 1,690 per sqft, 3% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,744). 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. 503's AED 68,400 is in the lower 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 | |
| 502 | Studio | 431 sqft | AED 750KAED 750,000 · Jul 2021July 2021 | 96,000 /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 |
503, Prive by Damac Tower A in numbers
- Sold twice: first on 18 December 2013 for AED 897,130, last on 12 January 2022 for AED 700,000 (AED 1,690 per sqft).
- Rented since June 2021 on 4 Ejari contracts, from AED 65,000 to AED 68,400 a year.
- At AED 68,400 a year the gross yield on the 2022 price is 9.8%.
- 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 1 June 2026.
Questions about 503, Prive by Damac Tower A
What did unit 503 last sell for?
AED 700,000 on 12 January 2022: AED 1,690 per sqft for 414 sqft. The unit has 2 registered sales; the first was AED 897,130 in December 2013.
What is the rent for unit 503?
AED 68,400 a year on the contract signed on 1 June 2026. The previous contract, from July 2025, was AED 79,786; the unit has been rented since June 2021.
How big is unit 503?
414 sqft (38.5 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.
What is unit 503 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 503, Prive by Damac Tower A
Starts from the last sale price (AED 700K, 12 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →