Studio · 414 sqftPrive by Damac Tower A, Business Bay · 7th floor · completed 2019

703, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 600K19 January 2021
Current rentAED 61K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Prive by Damac Tower A

What is 703 worth today?

Last sold for AED 600,000 in 2021

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1 Nov 2026RentedNew contract
AED 61,000/yr12 months · AED 149 per sqft
2 Oct 2024RentedRenewal
AED 65,000/yr12 months · AED 159 per sqft
2 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 159 per sqft
2 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 159 per sqft
2 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
19 Jan 2021SoldReady
AED 600,000AED 1,448 per sqft
26 Dec 2019SoldReady
AED 512,250AED 1,236 per sqft
19 Dec 2013Sold by developerOff-plan
AED 901,820AED 2,177 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
7th of 32
Parking
B-78
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 600K · January 2021

About 703, Prive by Damac Tower A

703 is a studio of 414 sqft on the 7th 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 19 January 2021 for AED 600,000, or AED 1,448 per sqft, 6% below the AED 1,535 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 November 2026, is AED 61,000 a year: a gross yield of 10.2% on the 2021 price.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in Prive by Damac Tower A
500K1M2013201720212025Typical 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 901,820 (AED 2,177 per sqft)Sold, December 2019: AED 512,250 (AED 1,236 per sqft)Sold, January 2021: AED 600,000 (AED 1,448 per sqft)

703 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 703, 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 48,000 a yearNew contract, October 2022: AED 65,000 a yearRenewal, October 2023: AED 65,000 a yearRenewal, October 2024: AED 65,000 a yearNew contract, November 2026: AED 61,000 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 703 sits

All 385 studios →

703 last sold in January 2021 at AED 1,448 per sqft, 6% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,535). 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. 703's AED 61,000 is in the lower 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 7th floor

All 516 units in Prive by Damac Tower A
Value
7011-bedAED 2.1M · Oct 2023
702StudioAED 904K · Dec 2013
704StudioAED 575K · Mar 2021
705StudioAED 720K · Jan 2022
706StudioAED 1.02M · Mar 2019
707StudioAED 1.04M · Jul 2024
708StudioAED 1.05M · Aug 2024
1–7 of 16

703, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 19 December 2013 for AED 901,820, last on 19 January 2021 for AED 600,000 (AED 1,448 per sqft).
  • Rented since October 2021 on 5 Ejari contracts, from AED 48,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2021 price is 10.2%.
  • 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 November 2026.

Questions about 703, Prive by Damac Tower A

What did unit 703 last sell for?

AED 600,000 on 19 January 2021: AED 1,448 per sqft for 414 sqft. The unit has 3 registered sales; the first was AED 901,820 in December 2013.

What is the rent for unit 703?

AED 61,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2024, was AED 65,000; the unit has been rented since October 2021.

How big is unit 703?

414 sqft (38.5 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 703 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 703, Prive by Damac Tower A

Starts from the last sale price (AED 600K, 19 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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