515, Prive by Damac Tower A
Sold prices and rental history: sold 3 times, last in September 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Prive by Damac Tower A
What is 515 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 5th of 32
- Parking
- B-58
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 656K · September 2019
- Building
- Prive by Damac Tower A
About 515, Prive by Damac Tower A
515 is a studio of 401 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 24 September 2019 for AED 656,000, or AED 1,637 per sqft, 21% above the AED 1,354 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 February 2025, is AED 85,000 a year: a gross yield of 13.0% on the 2019 price.
Sales and rents for 515 over time
515 has sold 3 times; 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 515 sits
All 385 studios →515 last sold in September 2019 at AED 1,637 per sqft, 21% above what studios in Prive by Damac Tower A were fetching at the time (AED 1,354). 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. 515's AED 85,000 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 | |
| 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 | |
| 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 | |
| 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 |
515, Prive by Damac Tower A in numbers
- Sold 3 times: first on 5 December 2013 for AED 891,130, last on 24 September 2019 for AED 656,000 (AED 1,637 per sqft).
- Rented since November 2020 on 3 Ejari contracts, from AED 40,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2019 price is 13.0%.
- 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 February 2025.
Questions about 515, Prive by Damac Tower A
What did unit 515 last sell for?
AED 656,000 on 24 September 2019: AED 1,637 per sqft for 401 sqft. The unit has 3 registered sales; the first was AED 891,130 in December 2013.
What is the rent for unit 515?
AED 85,000 a year on the contract signed on 1 February 2025. The previous contract, from November 2021, was AED 44,000; the unit has been rented since November 2020.
How big is unit 515?
401 sqft (37.3 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.
What is unit 515 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 515, Prive by Damac Tower A
Starts from the last sale price (AED 656K, 24 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 656,000
- Deposit, UAE resident (20%)
- AED 131,200
- Deposit, non-resident (40%)
- AED 262,400
- Monthly over 25 years at 3.7%
- AED 2,684
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →