711, Prive by Damac Tower A
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 711, Prive by Damac Tower A
What is 711 worth today?
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Source: Dubai Land Department. Updated 4 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 7th of 32
- Parking
- P1-42
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.08M · July 2024
- Building
- Prive by Damac Tower A
About 711, Prive by Damac Tower A
711 is a studio of 418 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 4 July 2024 for AED 1,075,000, or AED 2,573 per sqft, 8% above the AED 2,383 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 2 February 2024, is AED 71,615 a year: a gross yield of 6.7% on the 2024 price.
Sales and rents for 711 over time
711 has sold 3 times; the dashed line is the studio median of each year in the building.
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 711 sits
All 385 studios →711 last sold in July 2024 at AED 2,573 per sqft, 8% 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. 711's AED 71,615 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 471 sqft | 900,000 | 1,909 | ||
| 23 Sep 202623 September 2026 | 453 sqft | 910,000 | 2,009 | ||
| 27 Aug 202627 August 2026 | 443 sqft | 1,050,000 | 2,371 | ||
| 27 Aug 202627 August 2026 | 489 sqft | 1,192,146 | 2,437 |
Prive by Damac Tower A
Building516 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%
Other units on the 7th floor
All 516 units in Prive by Damac Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 933 sqft | AED 2.1MAED 2,096,000 · Oct 2023October 2023 | 115,000 /yr | |
| 702 | Studio | 431 sqft | AED 904KAED 903,830 · Dec 2013December 2013 | 80,000 /yr | |
| 703 | Studio | 414 sqft | AED 600KAED 600,000 · Jan 2021January 2021 | 61,000 /yr | |
| 704 | Studio | 373 sqft | AED 575KAED 575,000 · Mar 2021March 2021 | 55,000 /yr | |
| 705 | Studio | 431 sqft | AED 720KAED 720,000 · Jan 2022January 2022 | 57,000 /yr | |
| 706 | Studio | 443 sqft | AED 1.02MAED 1,020,000 · Mar 2019March 2019 | 75,000 /yr | |
| 707 | Studio | 416 sqft | AED 1.04MAED 1,040,000 · Jul 2024July 2024 | 40,000 /yr | |
| 708 | Studio | 414 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 34,000 /yr | |
| 709 | 1-bed | 896 sqft | AED 1.4MAED 1,400,000 · Dec 2021December 2021 | 10,000 /yr | |
| 710 | 2-bed | 1,342 sqft | AED 2.6MAED 2,600,000 · May 2025May 2025 | 115,000 /yr | |
| 712 | Studio | 443 sqft | AED 979KAED 978,870 · Jan 2018January 2018 | 55,000 /yr | |
| 713 | Studio | 432 sqft | AED 946KAED 946,040 · May 2014May 2014 | 73,000 /yr | |
| 714 | Studio | 373 sqft | AED 851KAED 850,900 · Dec 2013December 2013 | 60,000 /yr | |
| 715 | Studio | 408 sqft | AED 902KAED 901,820 · Dec 2013December 2013 | 72,000 /yr | |
| 716 | Studio | 408 sqft | AED 800KAED 800,000 · Sep 2022September 2022 | 94,177 /yr | |
| 717 | 1-bed | 923 sqft | AED 1.68MAED 1,680,000 · Oct 2021October 2021 |
711, Prive by Damac Tower A in numbers
- Sold 3 times: first on 4 May 2014 for AED 1,055,450, last on 4 July 2024 for AED 1,075,000 (AED 2,573 per sqft).
- Rented since October 2020 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2020 and recovered to AED 71,615 by February 2024.
- At AED 71,615 a year the gross yield on the 2024 price is 6.7%.
- 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 4 July 2024.
Questions about 711, Prive by Damac Tower A
What did unit 711 last sell for?
AED 1,075,000 on 4 July 2024: AED 2,573 per sqft for 418 sqft. The unit has 3 registered sales; the first was AED 1,055,450 in May 2014.
What is the rent for unit 711?
AED 71,615 a year on the contract renewed on 2 February 2024. The previous contract, from August 2023, was AED 71,589; the unit has been rented since October 2020.
How big is unit 711?
418 sqft (38.8 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.
What is unit 711 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 711, Prive by Damac Tower A
Starts from the last sale price (AED 1.08M, 4 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,075,000
- Deposit, UAE resident (20%)
- AED 215,000
- Deposit, non-resident (40%)
- AED 430,000
- Monthly over 25 years at 3.7%
- AED 4,398
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →