616, Prive by Damac Tower A
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Prive by Damac Tower A
What is 616 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 6th of 32
- Parking
- B-74
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 938K · June 2023
- Building
- Prive by Damac Tower A
About 616, Prive by Damac Tower A
616 is a studio of 408 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 23 June 2023 for AED 938,000, or AED 2,298 per sqft, 14% above the AED 2,010 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 December 2024, is AED 53,550 a year: a gross yield of 5.7% on the 2023 price.
Sales and rents for 616 over time
616 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 616 sits
All 385 studios →616 last sold in June 2023 at AED 2,298 per sqft, 14% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,010). 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. 616's AED 53,550 is in the lower 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 6th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 933 sqft | AED 1.76MAED 1,763,440 · Dec 2013December 2013 | 123,000 /yr | |
| 602 | Studio | 431 sqft | AED 595KAED 595,000 · Aug 2020August 2020 | 69,888 /yr | |
| 603 | Studio | 414 sqft | AED 930KAED 930,000 · Nov 2019November 2019 | 80,000 /yr | |
| 604 | Studio | 373 sqft | AED 960KAED 960,000 · Dec 2025December 2025 | 82,000 /yr | |
| 605 | Studio | 431 sqft | AED 800KAED 800,000 · Apr 2023April 2023 | 82,500 /yr | |
| 606 | Studio | 443 sqft | AED 850KAED 850,000 · Jan 2025January 2025 | 52,500 /yr | |
| 607 | Studio | 416 sqft | AED 984KAED 984,000 · Dec 2023December 2023 | ||
| 608 | Studio | 414 sqft | AED 750KAED 750,000 · Apr 2022April 2022 | 116,250 /yr | |
| 609 | 1-bed | 896 sqft | AED 1.43MAED 1,425,000 · Oct 2022October 2022 | ||
| 610 | 2-bed | 1,342 sqft | AED 2.58MAED 2,580,000 · Jul 2025July 2025 | 150,000 /yr | |
| 611 | Studio | 418 sqft | AED 1.03MAED 1,025,000 · Oct 2023October 2023 | 70,000 /yr | |
| 612 | Studio | 443 sqft | AED 956KAED 956,090 · May 2014May 2014 | 75,000 /yr | |
| 613 | Studio | 432 sqft | AED 944KAED 944,030 · May 2014May 2014 | 75,000 /yr | |
| 614 | Studio | 373 sqft | AED 849KAED 848,890 · Mar 2014March 2014 | 57,233 /yr | |
| 615 | Studio | 408 sqft | AED 858KAED 857,913 · Dec 2013December 2013 | 85,000 /yr | |
| 617 | 1-bed | 923 sqft | AED 1.2MAED 1,202,000 · Mar 2021March 2021 | 125,000 /yr |
616, Prive by Damac Tower A in numbers
- Sold 3 times: first on 12 December 2013 for AED 859,923, last on 23 June 2023 for AED 938,000 (AED 2,298 per sqft).
- Rented since December 2020 on 6 Ejari contracts, from AED 45,000 to AED 53,550 a year.
- At AED 53,550 a year the gross yield on the 2023 price is 5.7%.
- 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 15 December 2024.
Questions about 616, Prive by Damac Tower A
What did unit 616 last sell for?
AED 938,000 on 23 June 2023: AED 2,298 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 859,923 in December 2013.
What is the rent for unit 616?
AED 53,550 a year on the contract signed on 15 December 2024. The previous contract, from December 2024, was AED 61,200; the unit has been rented since December 2020.
How big is unit 616?
408 sqft (37.9 sqm): a studio on the 6th floor of a 32-storey tower completed in 2019.
What is unit 616 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 616? 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.
Mortgage on 616, Prive by Damac Tower A
Starts from the last sale price (AED 938K, 23 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 938,000
- Deposit, UAE resident (20%)
- AED 187,600
- Deposit, non-resident (40%)
- AED 375,200
- Monthly over 25 years at 3.7%
- AED 3,838
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →