Studio · 414 sqftPrive by Damac Tower A, Business Bay · 6th floor · completed 2019

603, Prive by Damac Tower A

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 930K10 November 2019
Current rentAED 80K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Prive by Damac Tower A

What is 603 worth today?

Last sold for AED 930,000 in 2019

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21 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 196 per sqft
12 Jun 2021RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
10 Nov 2019Sold by developerOff-plan
AED 930,000AED 2,245 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
6th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 930K · November 2019

About 603, Prive by Damac Tower A

603 is a studio of 414 sqft on the 6th 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 10 November 2019 for AED 930,000, or AED 2,245 per sqft, in line with the AED 2,219 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 21 October 2024, is AED 80,000 a year: a gross yield of 8.6% on the 2019 price.

Sales and rents for 603 over time

Sales
Unit 603, 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, November 2019: AED 930,000 (AED 2,245 per sqft)

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

Rents
Unit 603, 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, June 2021: AED 48,000 a yearNew contract, October 2024: AED 80,000 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 603 sits

All 385 studios →

603 last sold in November 2019 at AED 2,245 per sqft, in line with what studios in Prive by Damac Tower A were fetching at the time (AED 2,219). 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. 603's AED 80,000 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 6th floor

All 516 units in Prive by Damac Tower A
Value
6011-bedAED 1.76M · Dec 2013
602StudioAED 595K · Aug 2020
604StudioAED 960K · Dec 2025
605StudioAED 800K · Apr 2023
606StudioAED 850K · Jan 2025
607StudioAED 984K · Dec 2023
608StudioAED 750K · Apr 2022
1–7 of 16

603, Prive by Damac Tower A in numbers

  • Sold once: by Namaa Properties Development on 10 November 2019 for AED 930,000, or AED 2,245 per sqft.
  • Rented since June 2021 on 2 Ejari contracts, from AED 48,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 8.6%.
  • 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 21 October 2024.

Questions about 603, Prive by Damac Tower A

What did unit 603 last sell for?

AED 930,000 on 10 November 2019, sold by the developer: AED 2,245 per sqft for 414 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 80,000 a year on the contract signed on 21 October 2024. The previous contract, from June 2021, was AED 48,000.

How big is unit 603?

414 sqft (38.5 sqm): a studio on the 6th floor of a 32-storey tower completed in 2019.

What is unit 603 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 603, Prive by Damac Tower A

Starts from the last sale price (AED 930K, 10 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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