Studio · 416 sqftPrive by Damac Tower A, Business Bay · 7th floor · completed 2019

707, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.04M5 July 2024
Current rentAED 40K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Prive by Damac Tower A

What is 707 worth today?

Last sold for AED 1,040,000 in 2024

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1 Sep 2026RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
5 Jul 2024SoldReady
AED 1,040,000AED 2,500 per sqft
9 Feb 2023SoldReady
AED 880,000AED 2,115 per sqft
29 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
19 Dec 2013Sold by developerOff-plan
AED 903,830AED 2,173 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
7th of 32
Parking
B-81
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.04M · July 2024

About 707, Prive by Damac Tower A

707 is a studio of 416 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 5 July 2024 for AED 1,040,000, or AED 2,500 per sqft, 5% above the AED 2,383 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 September 2026, is AED 40,000 a year: a gross yield of 3.9% on the 2024 price.

Sales and rents for 707 over time

Sales
Unit 707, 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 903,830 (AED 2,173 per sqft)Sold, February 2023: AED 880,000 (AED 2,115 per sqft)Sold, July 2024: AED 1,040,000 (AED 2,500 per sqft)

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

Rents
Unit 707, 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, September 2022: AED 65,000 a yearNew contract, September 2026: AED 40,000 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 707 sits

All 385 studios →

707 last sold in July 2024 at AED 2,500 per sqft, 5% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,383). 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. 707's AED 40,000 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
705StudioAED 720K · Jan 2022
706StudioAED 1.02M · Mar 2019
708StudioAED 1.05M · Aug 2024
1–7 of 16

707, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 19 December 2013 for AED 903,830, last on 5 July 2024 for AED 1,040,000 (AED 2,500 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, from AED 65,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 3.9%.
  • 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 1 September 2026.

Questions about 707, Prive by Damac Tower A

What did unit 707 last sell for?

AED 1,040,000 on 5 July 2024: AED 2,500 per sqft for 416 sqft. The unit has 3 registered sales; the first was AED 903,830 in December 2013.

What is the rent for unit 707?

AED 40,000 a year on the contract signed on 1 September 2026. The previous contract, from September 2022, was AED 65,000.

How big is unit 707?

416 sqft (38.6 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 707 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 707, Prive by Damac Tower A

Starts from the last sale price (AED 1.04M, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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