505, Prive by Damac Tower A
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Prive by Damac Tower A
What is 505 worth today?
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Source: Dubai Land Department. Updated 30 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 5th of 32
- Parking
- B-49
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 941K · December 2014
- Building
- Prive by Damac Tower A
About 505, Prive by Damac Tower A
505 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. The developer sold it on 28 December 2014 for AED 941,320, or AED 2,183 per sqft, 10% below the AED 2,425 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 30 October 2026, is AED 58,000 a year: a gross yield of 6.2% on the 2014 price.
Sales and rents for 505 over time
505 has sold once; 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 505 sits
All 385 studios →505 last sold in December 2014 at AED 2,183 per sqft, 10% below what studios in Prive by Damac Tower A were fetching at the time (AED 2,425). 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. 505's AED 58,000 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 | |
| 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 | |
| 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 |
505, Prive by Damac Tower A in numbers
- Sold once: by Namaa Properties Development on 28 December 2014 for AED 941,320, or AED 2,183 per sqft.
- Rented since October 2022 on 5 Ejari contracts, from AED 65,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2014 price is 6.2%.
- 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 October 2026.
Questions about 505, Prive by Damac Tower A
What did unit 505 last sell for?
AED 941,320 on 28 December 2014, sold by the developer: AED 2,183 per sqft for 431 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 58,000 a year on the contract signed on 30 October 2026. The previous contract, from October 2025, was AED 73,000; the unit has been rented since October 2022.
How big is unit 505?
431 sqft (40.0 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.
What is unit 505 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 505, Prive by Damac Tower A
Starts from the last sale price (AED 941K, 28 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 941,320
- Deposit, UAE resident (20%)
- AED 188,264
- Deposit, non-resident (40%)
- AED 376,528
- Monthly over 25 years at 3.7%
- AED 3,851
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →