Studio · 408 sqftPrive by Damac Tower A, Business Bay · 8th floor · completed 2019

816, Prive by Damac Tower A

Sold prices and rental history: sold 3 times, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 970K7 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Prive by Damac Tower A

What is 816 worth today?

Last sold for AED 970,000 in 2023

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7 Jun 2023SoldReady
AED 970,000AED 2,377 per sqft
26 Oct 2014SoldOff-plan
AED 995,840AED 2,440 per sqft
6 Nov 2013Sold by developerOff-plan
AED 905,840AED 2,219 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
8th of 32
Parking
B-105
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 970K · June 2023

About 816, Prive by Damac Tower A

816 is a studio of 408 sqft on the 8th 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 7 June 2023 for AED 970,000, or AED 2,377 per sqft, 18% above the AED 2,010 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 816 over time

Sales
Unit 816, 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 905,840 (AED 2,219 per sqft)Sold, October 2014: AED 995,840 (AED 2,440 per sqft)Sold, June 2023: AED 970,000 (AED 2,377 per sqft)

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

Rents
Unit 816, 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 67,000

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 816 sits

All 385 studios →

816 last sold in June 2023 at AED 2,377 per sqft, 18% above what studios in Prive by Damac Tower A were fetching at the time (AED 2,010). 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.

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 8th floor

All 516 units in Prive by Damac Tower A
Value
8011-bedAED 2.1M · Oct 2023
802StudioAED 1.05M · Oct 2024
803StudioAED 850K · Jul 2022
804StudioAED 975K · May 2024
805StudioAED 981K · Dec 2013
806StudioAED 1.03M · Oct 2023
807StudioAED 806K · Mar 2023
1–7 of 16

816, Prive by Damac Tower A in numbers

  • Sold 3 times: first on 6 November 2013 for AED 905,840, last on 7 June 2023 for AED 970,000 (AED 2,377 per sqft).
  • 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 7 June 2023.

Questions about 816, Prive by Damac Tower A

What did unit 816 last sell for?

AED 970,000 on 7 June 2023: AED 2,377 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 905,840 in November 2013.

How big is unit 816?

408 sqft (37.9 sqm): a studio on the 8th floor of a 32-storey tower completed in 2019.

What is unit 816 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 816, Prive by Damac Tower A

Starts from the last sale price (AED 970K, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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