Studio · 373 sqftPrive by Damac Tower A, Business Bay · 7th floor · completed 2019

704, Prive by Damac Tower A

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

Unit 704 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 575K11 March 2021
Current rentAED 55K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Prive by Damac Tower A

What is 704 worth today?

Last sold for AED 575,000 in 2021

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1 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 146 per sqft
2 Mar 2026RentedNew contract
AED 70,000/yr12 months · AED 186 per sqft
1 May 2025RentedRenewal
AED 70,000/yr12 months · AED 186 per sqft
1 May 2024RentedRenewal
AED 70,000/yr12 months · AED 186 per sqft
1 May 2023RentedNew contract
AED 66,000/yr12 months · AED 175 per sqft
19 Jun 2021RentedNew contract
AED 41,000/yr12 months · AED 109 per sqft
11 Mar 2021SoldReady
AED 575,000AED 1,543 per sqft
10 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
7th of 32
Parking
B-79
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 575K · March 2021

About 704, Prive by Damac Tower A

704 is a studio of 373 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 11 March 2021 for AED 575,000, or AED 1,543 per sqft, in line with the AED 1,535 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 55,000 a year: a gross yield of 9.6% on the 2021 price.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in Prive by Damac Tower A
500K750K1M2013201720212025Typical 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 2013: AED 850,900 (AED 2,284 per sqft)Sold, December 2020: AED 530,000 (AED 1,422 per sqft)Sold, March 2021: AED 575,000 (AED 1,543 per sqft)

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

Rents
Unit 704, 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, January 2021: AED 40,000 a yearNew contract, June 2021: AED 41,000 a yearNew contract, May 2023: AED 66,000 a yearRenewal, May 2024: AED 70,000 a yearRenewal, May 2025: AED 70,000 a yearNew contract, March 2026: AED 70,000 a yearNew contract, October 2026: AED 55,000 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 704 sits

All 385 studios →

704 last sold in March 2021 at AED 1,543 per sqft, in line with 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. 704's AED 55,000 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
703StudioAED 600K · Jan 2021
705StudioAED 720K · Jan 2022
706StudioAED 1.02M · Mar 2019
707StudioAED 1.04M · Jul 2024
708StudioAED 1.05M · Aug 2024
1–7 of 16

704, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 5 November 2013 for AED 850,900, last on 11 March 2021 for AED 575,000 (AED 1,543 per sqft).
  • Rented since January 2021 on 7 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 9.6%.
  • 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 1 October 2026.

Questions about 704, Prive by Damac Tower A

What did unit 704 last sell for?

AED 575,000 on 11 March 2021: AED 1,543 per sqft for 373 sqft. The unit has 3 registered sales; the first was AED 850,900 in November 2013.

What is the rent for unit 704?

AED 55,000 a year on the contract signed on 1 October 2026. The previous contract, from March 2026, was AED 70,000; the unit has been rented since January 2021.

How big is unit 704?

373 sqft (34.7 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 704 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 704, Prive by Damac Tower A

Starts from the last sale price (AED 575K, 11 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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