Studio · 418 sqftPrive by Damac Tower A, Business Bay · 5th floor · completed 2019

511, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 28 May 2026
Last soldAED 926K18 December 2013
Current rentAED 90K /yr28 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Prive by Damac Tower A

What is 511 worth today?

Last sold for AED 925,940 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 May 2026RentedNew contract
AED 90,000/yr12 months · AED 214 per sqft
1 Mar 2025RentedRenewal
AED 70,000/yr12 months · AED 167 per sqft
1 Mar 2025RentedRenewal
AED 70,000/yr12 months · AED 167 per sqft
1 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
8 Feb 2023RentedNew contract
AED 78,000/yr12 months · AED 186 per sqft
15 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
18 Dec 2013Sold by developerOff-plan
AED 925,940AED 2,217 per sqft

Source: Dubai Land Department. Updated 28 May 2026.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
5th of 32
Parking
B-54
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 926K · December 2013

About 511, Prive by Damac Tower A

511 is a studio of 418 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 18 December 2013 for AED 925,940, or AED 2,217 per sqft, in line with the AED 2,228 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 28 May 2026, is AED 90,000 a year: a gross yield of 9.7% on the 2013 price.

Sales and rents for 511 over time

Sales
Unit 511, 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, December 2013: AED 925,940 (AED 2,217 per sqft)

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

Rents
Unit 511, each contractTypical studio in Prive by Damac Tower A
50K75K2020202220242026Typical 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, January 2021: AED 40,000 a yearNew contract, February 2023: AED 78,000 a yearNew contract, March 2024: AED 70,000 a yearRenewal, March 2025: AED 70,000 a yearRenewal, March 2025: AED 70,000 a yearNew contract, May 2026: AED 90,000 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 511 sits

All 385 studios →

511 last sold in December 2013 at AED 2,217 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,228). 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. 511's AED 90,000 is in the upper 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 5th floor

All 516 units in Prive by Damac Tower A
Value
5011-bedAED 1.74M · Aug 2022
502StudioAED 750K · Jul 2021
503StudioAED 700K · Jan 2022
504StudioAED 847K · Dec 2013
505StudioAED 941K · Dec 2014
506StudioAED 1.05M · Feb 2026
507StudioAED 963K · Mar 2024
1–7 of 16

511, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 18 December 2013 for AED 925,940, or AED 2,217 per sqft.
  • Rented since January 2021 on 6 Ejari contracts, from AED 40,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2013 price is 9.7%.
  • 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 28 May 2026.

Questions about 511, Prive by Damac Tower A

What did unit 511 last sell for?

AED 925,940 on 18 December 2013, sold by the developer: AED 2,217 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 90,000 a year on the contract signed on 28 May 2026. The previous contract, from March 2025, was AED 70,000; the unit has been rented since January 2021.

How big is unit 511?

418 sqft (38.8 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.

What is unit 511 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.

Selling 511? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 511, Prive by Damac Tower A

Starts from the last sale price (AED 926K, 18 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 925,940
Deposit, UAE resident (20%)
AED 185,188
Deposit, non-resident (40%)
AED 370,376
Monthly over 25 years at 3.7%
AED 3,788

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