Studio · 431 sqftPrive by Damac Tower A, Business Bay · 7th floor · completed 2019

705, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 11 July 2026
Last soldAED 720K28 January 2022
Current rentAED 57K /yr11 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Prive by Damac Tower A

What is 705 worth today?

Last sold for AED 720,000 in 2022

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11 Jul 2026RentedNew contract
AED 57,000/yr12 months · AED 132 per sqft
16 Feb 2026RentedRenewal
AED 73,205/yr12 months · AED 170 per sqft
16 Feb 2025RentedRenewal
AED 73,205/yr12 months · AED 170 per sqft
16 Feb 2025RentedRenewal
AED 73,205/yr12 months · AED 170 per sqft
16 Feb 2024RentedRenewal
AED 66,550/yr12 months · AED 154 per sqft
16 Feb 2023RentedRenewal
AED 60,500/yr12 months · AED 140 per sqft
16 Feb 2022RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
28 Jan 2022SoldReady
AED 720,000AED 1,670 per sqft

Source: Dubai Land Department. Updated 11 July 2026.

Key facts

Type
Studio hotel apartment
Size
431 sqft
Floor
7th of 32
Parking
B-80
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 720K · January 2022

About 705, Prive by Damac Tower A

705 is a studio of 431 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 28 January 2022 for AED 720,000, or AED 1,670 per sqft, 4% below the AED 1,744 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 11 July 2026, is AED 57,000 a year: a gross yield of 7.9% on the 2022 price.

Sales and rents for 705 over time

Sales
Unit 705, 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 2013: AED 978,870 (AED 2,270 per sqft)Sold, January 2022: AED 720,000 (AED 1,670 per sqft)

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

Rents
Unit 705, 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, February 2022: AED 55,000 a yearRenewal, February 2023: AED 60,500 a yearRenewal, February 2024: AED 66,550 a yearRenewal, February 2025: AED 73,205 a yearRenewal, February 2025: AED 73,205 a yearRenewal, February 2026: AED 73,205 a yearNew contract, July 2026: AED 57,000 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 705 sits

All 385 studios →

705 last sold in January 2022 at AED 1,670 per sqft, 4% below what studios in Prive by Damac Tower A were fetching at the time (AED 1,744). 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. 705's AED 57,000 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
704StudioAED 575K · Mar 2021
706StudioAED 1.02M · Mar 2019
707StudioAED 1.04M · Jul 2024
708StudioAED 1.05M · Aug 2024
1–7 of 16

705, Prive by Damac Tower A in numbers

  • Sold twice: first on 6 November 2013 for AED 978,870, last on 28 January 2022 for AED 720,000 (AED 1,670 per sqft).
  • Rented since February 2022 on 7 Ejari contracts, from AED 55,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 7.9%.
  • 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 11 July 2026.

Questions about 705, Prive by Damac Tower A

What did unit 705 last sell for?

AED 720,000 on 28 January 2022: AED 1,670 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 978,870 in November 2013.

What is the rent for unit 705?

AED 57,000 a year on the contract signed on 11 July 2026. The previous contract, from February 2026, was AED 73,205; the unit has been rented since February 2022.

How big is unit 705?

431 sqft (40.0 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 705 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 705, Prive by Damac Tower A

Starts from the last sale price (AED 720K, 28 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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