Studio · 408 sqftPrive by Damac Tower A, Business Bay · 7th floor · completed 2019

716, Prive by Damac Tower A

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

Unit 716 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 800K26 September 2022
Current rentAED 94K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Prive by Damac Tower A

What is 716 worth today?

Last sold for AED 800,000 in 2022

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31 Dec 2025RentedNew contract
AED 94,177/yr5 months · AED 231 per sqft
25 Oct 2024RentedNew contract
AED 76,000/yr12 months · AED 186 per sqft
25 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 172 per sqft
15 Jul 2023RentedNew contract
AED 65,000/yr3 months · AED 159 per sqft
26 Sep 2022SoldReady
AED 800,000AED 1,960 per sqft
15 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 159 per sqft
19 Dec 2013Sold by developerOff-plan
AED 903,830AED 2,214 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
Studio hotel apartment
Size
408 sqft
Floor
7th of 32
Parking
B-89
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 800K · September 2022

About 716, Prive by Damac Tower A

716 is a studio of 408 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 26 September 2022 for AED 800,000, or AED 1,960 per sqft, 7% above the AED 1,827 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 31 December 2025, is AED 94,177 a year: a gross yield of 11.8% on the 2022 price.

Sales and rents for 716 over time

Sales
Unit 716, 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 2,214 per sqft)Sold, September 2022: AED 800,000 (AED 1,960 per sqft)

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

Rents
Unit 716, each contractTypical studio in Prive by Damac Tower A
50K75K100K2020202220242026Typical 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, July 2022: AED 65,000 a yearNew contract, July 2023: AED 65,000 a yearNew contract, October 2023: AED 70,000 a yearNew contract, October 2024: AED 76,000 a yearNew contract, December 2025: AED 94,177 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 716 sits

All 385 studios →

716 last sold in September 2022 at AED 1,960 per sqft, 7% above what studios in Prive by Damac Tower A were fetching at the time (AED 1,827). 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. 716's AED 94,177 is in the upper 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
707StudioAED 1.04M · Jul 2024
1–7 of 16

716, Prive by Damac Tower A in numbers

  • Sold twice: first on 19 December 2013 for AED 903,830, last on 26 September 2022 for AED 800,000 (AED 1,960 per sqft).
  • Rented since July 2022 on 5 Ejari contracts, from AED 65,000 to AED 94,177 a year.
  • At AED 94,177 a year the gross yield on the 2022 price is 11.8%.
  • 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 31 December 2025.

Questions about 716, Prive by Damac Tower A

What did unit 716 last sell for?

AED 800,000 on 26 September 2022: AED 1,960 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 903,830 in December 2013.

What is the rent for unit 716?

AED 94,177 a year on the contract signed on 31 December 2025. The previous contract, from October 2024, was AED 76,000; the unit has been rented since July 2022.

How big is unit 716?

408 sqft (37.9 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 716 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 716, Prive by Damac Tower A

Starts from the last sale price (AED 800K, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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