Studio · 431 sqftPrive by Damac Tower A, Business Bay · 6th floor · completed 2019

605, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 800K7 April 2023
Current rentAED 83K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Prive by Damac Tower A

What is 605 worth today?

Last sold for AED 800,000 in 2023

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1 Oct 2024RentedRenewal
AED 82,500/yr24 months · AED 192 per sqft
1 Oct 2023RentedRenewal
AED 75,000/yr12 months · AED 174 per sqft
7 Apr 2023SoldReady
AED 800,000AED 1,855 per sqft
1 Oct 2022RentedRenewal
AED 52,000/yr12 months · AED 121 per sqft
1 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 116 per sqft
5 Dec 2013Sold by developerOff-plan
AED 976,190AED 2,264 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
6th of 32
Parking
B-64
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 800K · April 2023

About 605, Prive by Damac Tower A

605 is a studio of 431 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. It last sold on 7 April 2023 for AED 800,000, or AED 1,855 per sqft, 6% below the AED 1,964 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 82,500 a year: a gross yield of 10.3% on the 2023 price.

Sales and rents for 605 over time

Sales
Unit 605, 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 976,190 (AED 2,264 per sqft)Sold, April 2023: AED 800,000 (AED 1,855 per sqft)

605 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 605, 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 2021: AED 50,000 a yearRenewal, October 2022: AED 52,000 a yearRenewal, October 2023: AED 75,000 a yearRenewal, October 2024: AED 82,500 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 605 sits

All 385 studios →

605 last sold in April 2023 at AED 1,855 per sqft, 6% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,964). 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. 605's AED 82,500 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
603StudioAED 930K · Nov 2019
604StudioAED 960K · Dec 2025
606StudioAED 850K · Jan 2025
607StudioAED 984K · Dec 2023
608StudioAED 750K · Apr 2022
1–7 of 16

605, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 December 2013 for AED 976,190, last on 7 April 2023 for AED 800,000 (AED 1,855 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 50,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2023 price is 10.3%.
  • 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 1 October 2024.

Questions about 605, Prive by Damac Tower A

What did unit 605 last sell for?

AED 800,000 on 7 April 2023: AED 1,855 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 976,190 in December 2013.

What is the rent for unit 605?

AED 82,500 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 75,000; the unit has been rented since October 2021.

How big is unit 605?

431 sqft (40.0 sqm): a studio on the 6th floor of a 32-storey tower completed in 2019.

What is unit 605 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 605, Prive by Damac Tower A

Starts from the last sale price (AED 800K, 7 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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