1-bed · 896 sqftPrive by Damac Tower A, Business Bay · 7th floor · completed 2019

709, Prive by Damac Tower A

Sold prices and rental history: sold twice, last in December 2021, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 19 September 2022
Last soldAED 1.4M23 December 2021
Current rentAED 10K /yr19 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Prive by Damac Tower A

What is 709 worth today?

Last sold for AED 1,400,000 in 2021

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19 Sep 2022RentedNew contract · flagged as an outlier
AED 10,000/yr24 months · AED 11 per sqft
23 Dec 2021SoldReady
AED 1,400,000AED 1,563 per sqft
5 Dec 2013Sold by developerOff-plan
AED 2,087,720AED 2,330 per sqft

Source: Dubai Land Department. Updated 19 September 2022.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
7th of 32
Parking
B-83
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.4M · December 2021

About 709, Prive by Damac Tower A

709 is a one-bedroom apartment of 896 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 23 December 2021 for AED 1,400,000, or AED 1,563 per sqft, in line with the AED 1,563 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 September 2022. The current contract, signed on 19 September 2022, is AED 10,000 a year: a gross yield of 0.7% on the 2021 price.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Prive by Damac Tower A
1.5M2M2013201720212025Typical sale price by year: 2013 AED 1,927,450; 2014 AED 2,045,925; 2017 AED 1,953,000; 2018 AED 1,942,980; 2019 AED 1,862,000; 2020 AED 1,536,530; 2021 AED 1,507,000; 2022 AED 1,590,000; 2023 AED 1,715,000; 2024 AED 1,725,000; 2025 AED 1,670,000; 2026 AED 1,572,500Sold by developer, December 2013: AED 2,087,720 (AED 2,330 per sqft)Sold, December 2021: AED 1,400,000 (AED 1,563 per sqft)

709 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, each contractTypical one-bed in Prive by Damac Tower A
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 102,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower A, and where 709 sits

All 95 1-beds →

709 last sold in December 2021 at AED 1,563 per sqft, in line with what one-beds in Prive by Damac Tower A were fetching at the time (AED 1,563). Over the last 12 months one-beds sold for AED 1,385,000 to 1,750,000, around AED 1,762 per sqft, and rent for AED 75,000 to 140,000 a year. 709's AED 10,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,445,000
16 Jul 202654,600
8 Jun 20261,385,000
11 Feb 20261,700,000
7 1-bed 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
707StudioAED 1.04M · Jul 2024
1–7 of 16

709, Prive by Damac Tower A in numbers

  • Sold twice: first on 5 December 2013 for AED 2,087,720, last on 23 December 2021 for AED 1,400,000 (AED 1,563 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2021 price is 0.7%.
  • One-beds in Prive by Damac Tower A sold for AED 1,385,000–1,750,000 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 19 September 2022.

Questions about 709, Prive by Damac Tower A

What did unit 709 last sell for?

AED 1,400,000 on 23 December 2021: AED 1,563 per sqft for 896 sqft. The unit has 2 registered sales; the first was AED 2,087,720 in December 2013.

What is the rent for unit 709?

AED 10,000 a year on the contract signed on 19 September 2022.

How big is unit 709?

896 sqft (83.2 sqm): a one-bedroom apartment on the 7th floor of a 32-storey tower completed in 2019.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower A sold for AED 1,385,000 to 1,750,000 in the last 12 months, around AED 1,762 per sqft.

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Mortgage on 709, Prive by Damac Tower A

Starts from the last sale price (AED 1.4M, 23 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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