Studio · 443 sqftPrive by Damac Tower A, Business Bay · 5th floor · completed 2019

512, 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.

Unit 512 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 954K28 December 2014
Current rentAED 70K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Prive by Damac Tower A

What is 512 worth today?

Last sold for AED 953,912 in 2014

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15 May 2026RentedRenewal
AED 70,000/yr12 months · AED 158 per sqft
15 May 2025RentedNew contract
AED 75,000/yr12 months · AED 169 per sqft
29 Nov 2023RentedNew contract
AED 72,000/yr12 months · AED 163 per sqft
4 Oct 2022RentedNew contract
AED 64,000/yr12 months · AED 145 per sqft
28 Dec 2014Sold by developerOff-plan
AED 953,912AED 2,154 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
5th of 32
Parking
B-55
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 954K · December 2014

About 512, Prive by Damac Tower A

512 is a studio of 443 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 953,912, or AED 2,154 per sqft, 11% below the AED 2,425 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 70,000 a year: a gross yield of 7.3% on the 2014 price.

Sales and rents for 512 over time

Sales
Unit 512, 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 2014: AED 953,912 (AED 2,154 per sqft)

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

Rents
Unit 512, 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, October 2022: AED 64,000 a yearNew contract, November 2023: AED 72,000 a yearNew contract, May 2025: AED 75,000 a yearRenewal, May 2026: AED 70,000 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 512 sits

All 385 studios →

512 last sold in December 2014 at AED 2,154 per sqft, 11% 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. 512's AED 70,000 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

512, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 28 December 2014 for AED 953,912, or AED 2,154 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 64,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 7.3%.
  • 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 15 May 2026.

Questions about 512, Prive by Damac Tower A

What did unit 512 last sell for?

AED 953,912 on 28 December 2014, sold by the developer: AED 2,154 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 70,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 75,000; the unit has been rented since October 2022.

How big is unit 512?

443 sqft (41.2 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.

What is unit 512 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 512, Prive by Damac Tower A

Starts from the last sale price (AED 954K, 28 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 953,912
Deposit, UAE resident (20%)
AED 190,782
Deposit, non-resident (40%)
AED 381,565
Monthly over 25 years at 3.7%
AED 3,903

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